13-08-2024

Author

Fernando Fierro
August 13, 2024

Howdy folks,

🔮🗳️ The upcoming US elections are witnessing a major shift, with Kamala Harris overtaking Donald Trump in Polymarket's forecast by a 6% lead, now standing at 52%. Harris is intensifying her crypto-centric strategies through the new 'Crypto 4 Harris' advocacy group, aiming to win the crypto industry's favor.

However, despite her efforts, some remain skeptical due to her past anti-crypto stance and lack of explicit pro-crypto promises.

In other news:

🚫📴 Amid political unrest, Venezuela has blocked popular platforms like X (formerly Twitter), Signal, and the crypto exchange Binance. The move follows a disputed election where President Maduro was declared the winner, sparking widespread protests and calls for transparency.

While Binance assures users that their funds are safe, the block significantly impacts Venezuelans who rely on crypto for financial stability.

💸🌐 Japanese investment firm Metaplanet has made a bold move, investing $3.3 million in Bitcoin, adding 57.103 BTC to its holdings. This strategic purchase is part of Metaplanet’s broader initiative to diversify revenue streams and bolster its Bitcoin strategy, especially after raising $69.6 million through a stock rights offering.

With a total BTC holding now valued at around $19.9 million, the company plans to pivot its business directions, including launching Bitcoin Magazine Japan and catering to crypto-focused customers.

🌐🔧 Helium has partnered with two major U.S. carriers, yielding positive initial test results, aiming to decentralize network infrastructure for improved resilience and coverage. Carrier 1 connected 185,378 subscribers, while Carrier 2 linked 122,482, collectively offloading significant data onto Helium's decentralized network.

This shift challenges traditional telecom infrastructure but faces questions about scalability and potential industry resistance.

DailyCoin Daily Meme

Tigran Gambaryan Denied Access to Lawyers as Health Deteriorates

Prison officials reportedly deny the Binance executive access to his lawyers even as his health continues to raise concerns.

Terra Luna Classic Bags 29% Gains on KYC Vote: Pullback Ahead?

Analyzing the volatility of Terra Luna Classic: What Comes Next after LUNC’s recent double-digit gains? Bollinger Bands hint at rising price fluctuations.

Cardano’s Chang Hard Fork Still Far from 70% Trigger Point

Cardano's Chang hard fork faces delays as exchanges and SPOs are slow to adopt, impacting the shift to on-chain governance.

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DISCLAIMER: The content provided does not constitute financial advice. This newsletter is purely educational and should not be considered as investment advice or a recommendation to buy or sell any assets or make any financial decisions. Please exercise caution and do your own research.

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