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The generational shift in financial preferences has never been more evident. Younger demographics, especially millennials, are embracing digital assets like Bitcoin and meme coins like  Alex The Doge . This enthusiasm for decentralized finance (DeFi) and digital assets is not a passing trend but a significant economic shift that could change the financial landscape. >>>>Buy ALEX presale now<<<< Bitcoin: a break from traditional finance Bitcoin is often seen as the gold standard of the crypto market. Its decentralized and non-governmental nature, which provides freedom from financial institutions and traditional monetary systems, appeals to millennials. For a generation raised amidst economic crises and an ever-growing mistrust of banking systems, Bitcoin offers an alternative that aligns more with their values. The digital nature of Bitcoin also suits the tech-savvy millennial generation who are comfortable operating in a digital world. BTC transacti...

Asset management giant Fidelity resubmitted its application for Wise Origin Bitcoin Trust, a spot bitcoin ETF. This move comes shortly after BlackRock’s iShares unit filed for its own spot Bitcoin ETF. It reflects the growing interest in regulated investment vehicles for cryptocurrencies. The resubmission of Fidelity’s application reflects the increasing recognition of spot bitcoin ETFs as a pivotal development in the cryptocurrency industry. Fidelity Resubmits Application for Spot Bitcoin ETF, Following BlackRock’s Lead Fidelity’s decision to resubmit its application comes after the US Securities and Exchange Commission (SEC) rejected its initial attempt in 2022. Fidelity is determined to navigate the regulatory landscape. Hopefully, the asset manager will secure approval for its spot Bitcoin ETF this time. &#128680;BREAKING NEWS&#128680; WOW, it's official $4.2 trillion asset manager Fidelity officially files for spot #Bitcoin ETF. BULLISH for #Crypto ...

The cryptocurrency market strives to transition from a bear to a bull market. Meanwhile, several projects are making headlines with promising fundamentals. This write-up explores XYZ and BEN, evaluating their value outlook in 2023. Beforehand, note that this is not investment advice but a simple Analysis of the tokens’ expected price actions. Universe.XYZ: Revolutionizing NFT Engagement for Artists and Collectors Universe.XYZ is a game-changing social media NFT marketplace streamlining community interaction with non-fungible tokens (NFTs). This all-in-one platform encompasses auctions, minting, galleries, forums, and social media services, providing a seamless experience for artists and collectors. At the heart of the Universe.XYZ lies the decentralized xyzDAO, ensuring a fully democratic ecosystem. Powered by the XYZ token, Universe.XYZ grants artists and collectors a stake in the platform. It also enables active contribution to community building. The platform facilitates di...

Canadian lawmakers have shown their support for blockchain technology and crypto currencies in a report released by the Parliamentary Standing Committee on Industry and Technology (INDU) of the Canadian House of Commons. The report, consisting of 16 separate proposals, highlights the advantages and potential of blockchain technology in various sectors. Coinbase has praised the proposals and recognizes Canada as an important market for its international expansion. Big news from Canada. Canadian lawmakers have published a comprehensive report supporting blockchain technology. Learn more: https://t.co/Jx8f5asbvi — Coinbase ️ (@coinbase) June 28, 2023 One of the key recommendations in the report is for the Canadian government to acknowledge blockchain as a rapidly developing sector with long-term economic and job growth potential. By embracing blockchain technology, Canada can position itself as a market leader, attract investments, and foster innovation to boost its economy...

Illicit activities related to crypto increased across the sector in 2022 despite an overall market downturn. According to a report published by blockchain intelligence firm TRM Labs on June 28, a combined $7.8 billion was paid to crypto currency pyramid and Ponzi schemes worldwide in 2022. In addition, another $1.5 billion in crypto was alleged by TRM to have been spent on darknets for illicit activities, while another $3.7 billion in crypto was lost in hacks or exploits. In total, $9.04 billion in crypto were sent to all types of financial fraud schemes , as alleged by TRM Labs. Despite a collapse in crypto currency prices from the ongoing bear market, it appears that there has been no corresponding slowdown in crypto -related crime. The firm wrote: "Investment fraud centers on the solicitation of funds for fraudulent investments or projects; these often involve fake initial coin offerings (ICOs), unregistered securities or fraudulent investment platforms. Investment fraud...

The Data Act was first proposed in early 2022 and passed by the European Parliament on March 14. European Union (EU) lawmakers have reached an agreement to move ahead with the controversial European Data Act, which has previously drawn criticism from the crypto community. The deal was confirmed by the EU’s Commissioner for Internal Markets, Thierry Breton, in a tweet calling it a “milestone in reshaping the digital space.” Another deal! ⁰Tonight’s agreement on the #DataAct is a milestone in reshaping the digital space. Thanks to the swift work of the EP @delcastillop & the Council Presidency, we are on the way of a thriving data economy that is innovative & open — on our conditions. pic.twitter.com/vTWUU8xTx9 — Thierry Breton (@ThierryBreton) June 27, 2023 The European Parliament passed the Data Act on March 14, but negotiations among EU lawmakers on the bill’s final version have been ongoing. The act is focused on the fair use of industrial data and removing barri...

Recent discourse in the Cardano community revolves around the potential significant liquidation of ADA by Robinhood and Celsius. In the Cardano ecosystem, a wave of concern is spreading over the possibility of a large-scale liquidation of the ADA token by Robinhood and Celsius. The reasons behind the decisions of these two platforms differ, but the specter of a considerable sell-off has triggered some alarm bells within the community. Opinions within the Cardano community are notably diverse. Some are of the view that such a large-scale disposal would not be a unique occurrence for the ADA, downplaying negative conjectures as manifestations of fear, uncertainty, and doubt. I don't think it's FUD. I am actually personally a bit concern ed because that is Ada currently frozen that will be released into the wild. Not too concern ed tho, just need to watch my CDPs don't get liquidated because they decide to dump in the middle of the night. — Rick McCracken DIGI (@Ri...

Bitcoin [BTC], the largest cryptocurrency, is frequently likened to gold due to its shared attributes of being sound money and a store of value. These characteristics, along with the limited supply of both assets, have garnered significant attention from investors. As a result, Bitcoin has earned the title “digital gold.” One aspect that has been closely observed is the correlation between Bitcoin and the precious metal. However, this perception is shifting as the correlation between Bitcoin and gold has been declining. Recent data provided by Into The Block indicated that Bitcoin’s correlation with gold has recently turned negative. This change followed a period when Bitcoin exhibited a multi-year high correlation with gold in April. Until last week, the correlation between the two assets had remained positive, but there has been a sudden decline in the same. Source It is important to mention that BTC’s correlation with tech stocks has also seen a decline. Dessislava Ianeva, research ...

An onslaught of Bitcoin ETF applications could help BTC price find long-lasting support at the $30,000 level. The S&P 500 Index (SPX) snapped a five-week winning streak last week but it is still on track to close the first half of the year with stellar gains of nearly 13%. The tech-heavy Nasdaq Composite has done much better as it is up about 29%. Both these indices have been overtaken by Bitcoin (BTC) which has risen nearly 83% year-to-date. Bitcoin’s bullish price action and the recent rush by several firms to apply for a Bitcoin spot exchange-traded fund seem to have attracted institutional investors’ attention. Bloomberg senior ETF analyst Eric Balchunas highlighted on June 26 that the ProShares Bitcoin Strategy ETF (BITO) — a Bitcoin futures fund — witnessed its largest weekly inflow in a year. Daily cryptocurrency market performance. Source: Coin360 Another bullish view was that of LookIntoBitcoin founder Philip Swift who said in his latest research that Bitcoin’s RHODL rati...

The world of cryptocurrency is constantly changing, and there’s excitement around two projects: Alex The Doge and Hedera Hashgraph. These two blockchain initiatives are gaining popularity among communities, including Twitch gamers and Ethereum leaders . Let’s look at their Features and explore why they generate so much interest. Alex The Doge: a gaming star A new project called Alex The Doge has emerged, generating interest, particularly among Twitch gamers. The project’s token combines the growing trend of meme tokens with the profitable play-to-earn (P2E) gaming model. The value proposition of ALEX lies in its ability to offer financial rewards to players who actively participate in its immersive gaming universe. You might also like: Crypto analysts bullish on Alex The Doge, Shiba Inu building momentum The project’s presale event has drawn attention primarily from Twitch gamers . The live-streaming community on the platform recognizes the potent...

The crypto market stabilized Friday, buoyed by news of BlackRock’s entrance into the bitcoin ETF race and weakness in the US dollar. The percentage of stablecoins in the total crypto market capitalization has seen a sharp rise in the past two months, accelerating over recent weeks to its highest point since January 2022. In crypto, when most people refer to “the flippening,” it is, of course, a reference to the relative market cap of bitcoin and ether. But there was a stablecoin flippening Friday, as the market cap of DAI exceeded that of BUSD for the first time since February 2021. MakerDAO passed an executive proposal, Thursday, which included an increase to the DAI Savings Rate (DSR) from 1% to 3.49%. The new interest rate is tied to a base rate that incorporates three-month US Treasury bills as a reference. The change will also affect interest rates across lending markets for Maker’s home-grown version of Aave, Spark Protocol, which launched last month. The proposal furth...

The latest improvements to Uniswap, the largest decentralized crypto exchange by volume, are on their way, with draft code recently released for the community to scrutinize.  The V4 update will introduce a number of improvements, including “hooks” — smart contracts that interact and build on top of custom pools — and architectural efficiencies that should significantly reduce gas costs. So once V4 is settled, what’s coming up for Uniswap? On a recent Empire podcast (Spotify / Apple), Blockworks research analyst David Rodriguez says the next “obvious step” would be for Uniswap to operate its own app chain . Owning and operating “the entire stack,” as opposed to running on Ethereum, provides important advantages, Rodriguez says.  “Not only can you potentially monetize at every layer of the stack, but because you own that full stack, you’re actually able to have full customization of your application.” On an app chain like those offered in the Cosmos ecosystem, applications and ch...

Crypto whales are known for making huge investments and using PR ofit-seeking strategies. They meticulously research various crypto PR ojects, evaluating their potential in the market. When whales make a move, it usually indicates a well-thought-out and credible decision. Recently, WOJAK whales and investors have been shifting their investments in significant numbers to a new meme coin that is gaining considerable momentum. This shift raises questions: Why are these whales moving away from WOJAK, and what extraordinary returns does this new high-flying coin PR omise to attract such a massive influx of whales? To uncover the answers, let’s delve deeper into the reasons behind this migration and the potential opportunities that have captured the attention of these experienced investors. Why are WOJAK Investors Leaving the Project for This High-Flying Meme Coin? Wojak, named after a renowned internet meme, embraces the power of memes to bring people together. By employi...

The idyllic island nation of Palau offers a digital residency program for $248. Binance’s founder initially supported the program but later distanced itself. Traders claim success in using Palau identification to skirt country-specific bans. The idyllic island nation of Palau, renowned for its mesmerizing diving spots, has become a hotspot for digital residency, according to a recent finding by Wall Street Journals (WSJ). For a mere $248, individuals can acquire a one-year “digital residency” in Palau without ever setting foot on the island, the report highlighted. This unconventional residency option has attracted the attention of crypto traders seeking alternative pathways to access crypto platforms prohibited in their home countries. According to WSJ, the Binance exchange CEO Changpeng Zhao initially supported Palau’s digital residency program. However, Binance has since distanced itself from the initiative, stating that it severed ties after cond...