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 means she helps digital property.

🤓 Meta has introduced its newest innovation—AR sensible glasses referred to as Orion.

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

🍍 Market flavour at present

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

On the floor, issues look promising: retail traders are accumulating, change provides are reducing, and BTC ETFs are seeing constant inflows. Nonetheless, we have seen comparable circumstances 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 sturdy 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 know the way mother and father get all excited when their child says their first phrase? That is mainly how left-wing crypto fans react every time Kamala Harris even remotely mentions something crypto-related.

It is not with out purpose, tho, ‘trigger she hadn’t stated a single phrase about this trade since she began operating for president. Properly, up till three days in the past, when she lastly stated she’d help modern tech like AI and digital property whereas additionally defending customers 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 in opposition to 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 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 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 unhealthy you simply wish to be gone proper then and there. And you realize 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) sensible 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 unsuitable.

With these glasses, you may 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 may 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 trying 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 automotive, you may look her straight within the eyes and faux to care whereas truly being productive. , answering some emails, texting your mates—no matter works.

📰 Information drops

🐹 Hamster Kombat has lastly dropped its HMSTR token… and the group is upset. The token launched at $0.012, and plenty 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 right away 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 associate, 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 change for crypto.

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