Kamala Harris wants US to lead in blockchain

GM. That is Every day Squeeze – your citrus-infused crypto water, subtly flavoring your day with important blockchain notes.

🥥 Kamala Harris makes one other assertion that means she helps digital belongings.

🤓 Meta has introduced its newest innovation—AR good glasses known as Orion.

🍊 Information drops: gamers are upset with Hamster Kombat’s airdrop, PayPal now gives crypto companies to companies + extra

🍍 Market flavour at the moment

Worry and Greed Index is holding regular at 50, conserving us proper in the course of impartial territory. Appears to be like just like the crypto market’s taking a breather and weighing its choices.

On the floor, issues look promising: retail buyers are accumulating, change provides are lowering, and BTC ETFs are seeing constant inflows. Nevertheless, we have seen comparable situations earlier than with out vital value motion.

The elevated liquidity from US and Chinese language central banks could possibly be a game-changer, probably fueling the crypto market. In the meantime, the 6-month HODL Wave has hit 79.02%, surpassing ranges seen at earlier bear market bottoms. This means robust conviction amongst long-term holders.

As all the time, maintain your wits about you and your portfolio various. Within the crypto wild west, something can occur! 🤠

📸 Say “crypto”!

You understand how dad and mom get all excited when their child says their first phrase? That is principally how left-wing crypto fans react each time Kamala Harris even remotely mentions something crypto-related.

It is not with out motive, tho, ‘trigger she hadn’t mentioned a single phrase about this trade since she began operating for president. Effectively, up till three days in the past, when she lastly mentioned she’d help progressive tech like AI and digital belongings whereas additionally defending shoppers and buyers.

Whereas that does sound promising and all, “defending buyers” can go some ways. Let’s take SEC Chair Gary Gensler for example—for him, defending buyers means aggressive enforcement motion towards crypto companies, which finally ends up slowing innovation too.

Again to Harris once more—she gave one other nod to digital belongings talking at The Financial Membership of Pittsburgh yesterday. And this time, she obtained a little bit bolder together with her assertion, saying that her purpose is to maintain the US a frontrunner in tech like blockchain. This concept was additionally talked about in her lately launched financial plan.

So yeah, we’re nonetheless not getting any concrete actions she plans to take to encourage innovation within the crypto trade (and she or he nonetheless appears to be dodging the precise phrase “crypto”), however we’re positively beginning to see her lean in favor of this sector.

🚫 Newest tech replace: blocking individuals IRL

We have all had these moments the place you are caught in a dialog so dangerous you simply wish to be gone proper then and there. And you already know what? Now that is kinda doable.

On the Meta Join 2024 occasion, Mark Zuckerberg introduced Meta’s new product: Orion, a pair of augmented actuality (AR) good glasses with built-in mini projectors. He hyped them up as “probably the most superior glasses the world has ever seen,” and after seeing the demo, I gotta say, he isn’t improper.

With these glasses, you possibly can see the world round you want regular, however digital stuff simply pops up in entrance (see right here, he begins speaking in regards to the glasses from round 1:19:00). So yeah, you possibly can sit at a dinner desk and ship a message with out having to take out your cellphone and even look away.

These grandpa-from-Up-type wanting glasses are managed by voice instructions and a neural interface worn on the wrist. Principally, you say some spells, do some hand gestures and management the apps.

So, the following time a Karen goes on a rant about the way you parked too near her automobile, you possibly can look her straight within the eyes and fake to care whereas really being productive. You recognize, answering some emails, texting your mates—no matter works.

📰 Information drops

🐹 Hamster Kombat has lastly dropped its HMSTR token… and the neighborhood is upset. The token launched at $0.012, and lots of customers really feel let down after enjoying the sport for months solely to obtain rewards that fell wanting expectations.

💼 PayPal now permits US retailers (besides these in New York) to purchase, promote, and commerce crypto. This replace brings companies the identical crypto instruments that particular person customers have been having fun with for some time.

⛓️ The US Congress International Affairs Committee handed a decision urging Nigeria to instantly free Binance exec Tigran Gambaryan from jail. Subsequent, it heads to the Home of Representatives for a vote.

🧑‍⚖️ South Korean authorities hit the Worldcoin Basis and its accomplice, Instruments For Humanity, with an $829K high-quality for breaking the nation’s privateness legal guidelines. They launched an investigation again in February after receiving complaints that the corporate is likely to be amassing biometric information in change for crypto.

🚀 Ethena simply revealed plans to roll out a brand new stablecoin known as UStb. The stablecoin will probably be backed by BlackRock’s tokenized USD Institutional Digital Liquidity Fund (BUIDL), guaranteeing a gentle worth of $1 per token.