?Yuga Labs Hopes to Rile Up Its Bored Apes With Latest Otherside Demo?

The Web3 company has been laser-focused on building out its Otherside metaverse this past year. The latest live demo in Los Angeles hopes to revive interest among its forgotten Bored Ape community.

28.07.2023 By CoinDesk

https://insight.deamchain.com/yuga-labs-hopes-to-rile-up-its-bored-apes-with-latest-otherside-demo-edc94

Yuga Labs Hopes to Rile Up Its Bored Apes With Latest Otherside Demo | Deam Insight

The Web3 company has been laser-focused on building out its Otherside metaverse this past year. The latest live demo in Los Angeles hopes to revive interest among its forgotten Bored Ape community.

?Why This Billionaire Continues To Advocate For Bitcoin Amid Surging US Debt??

Bitcoin (BTC) has continued to occupy center stage, drawing varied reactions from different financial pundits. One of these voices is billionaire investor Mike Novogratz, who has yet again reiterated his support for the top cryptocurrency despite the unsettling dynamics in the United States economy. The Growing Concern: Skyrocketing Interest Payments The US is currently experiencing an unprecedented increase in debts as its interest payments reach $970 billion. This figure represents a leap of $41 billion in the second quarter alone. Observers anticipate that the rising trajectory could soon see the country’s debts surge resulting in the interest payments hitting the $1 trillion milestone, which has set off alarm bells in financial circles. Related Reading: Bitcoin Retreat Below $30,000: A Threat To Crypto’s 2023 Dominance Over Stocks? To clarify, interest payments are the actual payments that the borrower makes to the lender, typically on a regular schedule, to repay the interest on a loan or debt. The amount of each payment is determined by the interest rate and the terms of the loan. As such, the sustained upsurge of interest payments in the US economy has triggered growing unease among financial experts. Tax receipts are currently failing to keep pace with the ballooning sovereign debt. Consequently, the issuance of more debt to fund interest payments is becoming an increasingly common occurrence. This scenario has created a vicious cycle, causing concern about the potential repercussions on the nation’s fiscal health. In light of this, Mike Novogratz has once again expressed his firm support for Bitcoin. His latest advocacy came to the forefront recently when he urged investors to buy Bitcoin as the US national debt spiked by $1 trillion between June and July. Buy $BTC!!! https://t.co/UyGNaGXzyI — Mike Novogratz (@novogratz) July 27, 2023 Novogratz’s Stance: Bitcoin As A Safe Haven Despite expressing caution regarding the broader economy, Novogratz holds a sanguine view of Bitcoin’s prospects. He envisions that the cryptocurrency is on the cusp of another growth cycle, following a consolidation phase oscillating between the $28,000 to $32,000 range. However, Novogratz maintains that a significant shift in policy by the Federal Reserve, specifically a reduction in interest rates, is key for this expected surge to come to fruition. Related Reading: Galaxy Digital Founder Anticipates BTC Price Surge Due To This Reason Meanwhile, recent indicators suggest that the central bank may have different intentions. The Federal Reserve’s current stance seems to diverge from the conditions that Novogratz believes are necessary for a Bitcoin rally. Despite this, the experienced investor continues to champion Bitcoin, viewing it as a potential safe haven amid economic uncertainties. In the meantime, Bitcoin’s valuation is still persistently working to rise above the recent downward trend. The digital asset experienced a slight dip of 1% in the last day and now has a market cap of $567.5 billion. BTC’s market price currently stands at $29,309, at the time of writing. This price action follows the asset’s unsuccessful endeavor to reclaim the $30,000 mark earlier this week.  Featured image from Unsplash, Chart from TradingView

28.07.2023 By NewsBTC

https://insight.deamchain.com/why-this-billionaire-continues-to-advocate-for-bitcoin-6b24b

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The US is now paying $970 billion in interest payments—up $41 billion in Q2. At this rate, it will hit $1 trillion soon. As tax receipts continue to lag sovereign debt growth, interest payments will increasingly be funded with revenue from... more debt…

?Body of Lost Crypto Phenomenon Found in Argentina!?

The famous phenomenon has earned millions from cryptocurrencies and has frequently announced this to his 900,000 followers on Instagram.
Continue Reading: %%POSTLINK%%

28.07.2023 By Bitcoin Sistemi

https://insight.deamchain.com/body-of-lost-crypto-phenomenon-found-in-argentina-7a241

Body of Lost Crypto Phenomenon Found in Argentina! | Deam Insight

The famous phenomenon has earned millions from cryptocurrencies and has frequently announced this to his 900,000 followers on Instagram. Continue Reading: %%POSTLINK%%

?SAND Coin Price Prediction! July 28th SAND Analysis?

According to the technical analysis of SAND coin, the price is moving in the important support range of $0.4225 - $0.4150 in the 3-hour time frame. In this article, we have examined how the price can move above and below these support ranges. It is important for investors to remember that these critical support and resistance levels can determine price movements.
The post SAND Coin Price Prediction! July 28th SAND Analysis appeared first on COINOTAG EN.

28.07.2023 By CoinOtag

https://insight.deamchain.com/sand-coin-price-prediction-july-28th-sand-analysis-c81f1

SAND Coin Price Prediction! July 28th SAND Analysis | Deam Insight

According to the technical analysis of SAND coin, the price is moving in the important support range of $0.4225 - $0.4150 in the 3-hour time frame. In this article, we have examined how the price can move above and below these support ranges. It is important…

?a16z-backed Rewind launches an iPhone app to help you remember everything?

Rewind, a personal data recording startup backed by Andreessen Horowitz (a16z), has launched an iPhone app that privately records your activity on Safari so you can ask questions based on your web browsing history later. By default, the app doesn’t record anything when you are browsing in incognito mode. Last year, the company generated some […]

28.07.2023 By Techcrunch

https://insight.deamchain.com/a16z-backed-rewind-launches-an-iphone-app-to-help-you-remember-everything-1e06d

a16z-backed Rewind launches an iPhone app to help you remember everything | Deam Insight

Rewind, a personal data recording startup backed by Andreessen Horowitz (a16z), has launched an iPhone app that privately records your activity on Safari so you can ask questions based on your web browsing history later. By default, the app doesn’t record…

?XRP Ledger L2 Smart Contract Hints at Timeline for Critical Milestone for Launch?

Evernode platform launch highly anticipated

28.07.2023 By U.Today

https://insight.deamchain.com/xrp-ledger-l2-smart-contract-hints-at-timeline-for-critical-milestone-for-launch-b55df

XRP Ledger L2 Smart Contract Hints at Timeline for Critical Milestone for Launch | Deam Insight

Evernode platform launch highly anticipated

?Worldcoin Being Probed by French Privacy Regulator for ‘Questionable’ Practises?

Sam Altman’s latest eyeball-scanning initiative is attracting attention from data protection regulators.

28.07.2023 By CoinDesk

https://insight.deamchain.com/worldcoin-being-probed-by-french-privacy-regulator-for-questionable-practises-37122

Worldcoin Being Probed by French Privacy Regulator for ‘Questionable’ Practises | Deam Insight

Sam Altman’s latest eyeball-scanning initiative is attracting attention from data protection regulators.

?AI DAOs Could Boost Ethereum Transactions Exponentially: Arthur Hayes?

The emergence of AI-powered DAOs could transform global economy.

28.07.2023 By CryptoPotato

https://insight.deamchain.com/ai-daos-could-boost-ethereum-transactions-exponentially-arthur-hayes-1b5a5

AI DAOs Could Boost Ethereum Transactions Exponentially: Arthur Hayes | Deam Insight

The emergence of AI-powered DAOs could transform global economy.

?Striking Predictions for Dogecoin, Maker, and Chainlink?

Famous cryptocurrency analyst and trader, Altcoin Sherpa, updated his views on Dogecoin (DOGE) and Maker (MKR), a popular altcoin, while issuing a warning for Chainlink (LINK). Here are the highlights from the analyst’s comments on Bitcoin as well.
The post Striking Predictions for Dogecoin, Maker, and Chainlink appeared first on COINTURK NEWS.

28.07.2023 By COINTURK NEWS

https://insight.deamchain.com/striking-predictions-for-dogecoin-maker-and-chainlink-aea36

Striking Predictions for Dogecoin, Maker, and Chainlink | Deam Insight

Famous cryptocurrency analyst and trader, Altcoin Sherpa, updated his views on Dogecoin (DOGE) and Maker (MKR), a popular altcoin, while issuing a warning for Chainlink (LINK). Here are the highlights from the analyst’s comments on Bitcoin as well. The post…