Kamala Harris wants US to lead in blockchain

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

🥥 Kamala Harris makes one other assertion that implies she helps digital property.

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

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

🍍 Market flavour in the present day

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

On the floor, issues look promising: retail traders are accumulating, alternate provides are lowering, and BTC ETFs are seeing constant inflows. Nonetheless, we have seen related 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 implies robust conviction amongst long-term holders.

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

📸 Say “crypto”!

You know the way mother and father get all excited when their child says their first phrase? That is principally how left-wing crypto fanatics react at any time when Kamala Harris even remotely mentions something crypto-related.

It isn’t with out motive, tho, ‘trigger she hadn’t stated a single phrase about this trade since she began working for president. Effectively, up till three days in the past, when she lastly stated she’d assist modern tech like AI and digital property whereas additionally defending shoppers and traders.

Whereas that does sound promising and all, “defending traders” can go some ways. Let’s take SEC Chair Gary Gensler for example—for him, defending traders 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 property talking at The Financial Membership of Pittsburgh yesterday. And this time, she received somewhat bolder along with her assertion, saying that her purpose is to hold the US a frontrunner in tech like blockchain. This concept was additionally talked about in her not too long ago 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 he or she 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 recognize 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 “essentially the most superior glasses the world has ever seen,” and after seeing the demo, I gotta say, he is not flawed.

With these glasses, you’ll be able to see the world round you want regular, however digital stuff simply pops up in entrance (see right here, he begins speaking concerning the glasses from round 1:19:00). So yeah, you’ll be able to 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 subsequent time a Karen goes on a rant about the way you parked too near her automotive, you’ll be able to look her straight within the eyes and fake to care whereas truly being productive. , answering some emails, texting your pals—no matter works.

📰 Information drops

🐹 Hamster Kombat has lastly dropped its HMSTR token… and the group is disenchanted. The token launched at $0.012, and plenty of customers really feel let down after taking part in the sport for months solely to obtain rewards that fell in need of 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 fantastic 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 gathering biometric knowledge in alternate for crypto.

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