Cryptonews

Last time we saw this kind of relative outperformance was during the election rally, when Bitcoin [BTC] was stuck range-bound below its then-historic $100k mark.

In a recent interview on CNBC’s Closing Bell, Hyzy declared that the AI boom is not just a fleeting fad but a long-term game changer. “The explosion of spending on AI represents a boom that will boost the markets for years to come,” he said, with the enthusiasm of a kid who just discovered the internet.

According to a recent missive from Glassnode, dated July 17, the supply held by first-time Bitcoin buyers has experienced a modest but noteworthy surge of 2.86% over the past fortnight, leaping from 4.77 million BTC to 4.91 million. This translates to a tidy 140,000 BTC, a clear indication that fresh capital is trickling back into the market. 🌊

This time, oh yes, the scammers—from another dimension of trickery—have set their sights on the unsuspecting holders of SHIB, BONE, and LEASH. These poor souls, blissfully wandering through the land of ShibaSwap’s official decentralized exchange (DEX), are being lured into a trap with an irresistible bait: a rather enormous sum of almost half a billion SHIB coins. Because nothing says “trustworthy” like an absurdly large quantity of digital currency dangling on a shiny hook. 🎣

Now, if Bitcoin can manage to hang on to some tether and keep climbing, we might just witness it aiming at that sparkling $150K target, making traders everywhere weak in the knees and reaching for their wallets (that’s if they haven’t already decided to cash out after 100 straight days of what can best be described as economic gymnastics). 💸

According to the musings of the oracle, CNBC, fresh antagonism unveiled itself through a newly-formed faction of Republicans who scoffed at “last-minute changes,” clearly the attempts to appease previous holdouts sounded more like a fairy tale than a coherent negotiation. It’s as if they were plotting a delightful play, only for the actors to forget their lines! 🧐

In the ever-vibrant, ever-competitive realm of AI, Meta isn’t just joining the race; it’s sprinting, and not just a jog, but full throttle! While the competition tightens its grip on AI spending, Zuckerberg seems to have decided that what others build, Meta shall tower above. His recent proclamation of investing *hundreds of billions* into AI superclusters has the tech world buzzing in ways that only an extravagant amount of cash can.

Bitcoin Hyper, the latest shiny toy in Bitcoin’s toy box, is strutting around as a Layer-2 upgrade. It’s not just looking good either; it’s here to tackle the awkward issues that have clung to the Bitcoin ecosystem like a stubborn bad smell—think slow transaction speeds and scalability blues.

During his keynote speech, Wood discussed how PoP will be launched through Polkadot’s own Individuality system, which includes DIM1 (Proof of Individuality) and DIM2 (Proof of Verified Individuality). Although the exact launch date remains undisclosed, Wood assured that PoP’s debut will be backed by a treasury proposal worth $3 million.

They used to be the big shots in restaking, and now? Now they’re trying to invent themselves as these fancy decentralized bankers. I mean, what’s next? Ether.fi delivers crypto pizza? 🍕