Briefly Crypto
Screening #Crypto & #NFT news in real-time, AI-driven. 🚨 Articles are not endorsements 🚨 Created by @danclarkie in collaboration with @imBagsy twitter.com/BrieflyCrypto
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GUM Campaign Goes Live on Solana Blockchain via Jupiter Exchange
Get ready for some bubble-popping action! Jupiter Exchange has just rolled out the GUM Initiative on the Solana Blockchain. Aiming to provide a more personalised browsing experience, Jupiter and its whopping 830 partners are ready to store and access your personal information on your devices... That is if you say 'yes,' of course! Through this process, personal data will be collected from your browsing data stored in cookies. But don't worry, Jupiter isn't going to railroad you into anything. You can always say 'no thanks' and withdraw your consent at your leisure by tapping on the 'Manage Preferences' button. Plus, on the bright side, you'll get personalised advertising and content, advertising and content measurement, audience research and services development. Now, that's some serious bubble gum, right? So, are you ready to pop the GUM experience onto your device?
Sentiment: Amused
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Jupiter Exchange Launch GUM Initiative on Solana Blockchain
Jupiter Exchange has launched the Giant Unified Market (GUM) initiative on the Solana blockchain, which aims to integrate various investments into a single market accessible to global investors. The GUM Alliance, comprised of leading teams in asset handling, liquidity, and distri...
Worldcoin Could Get The Boot in Hong Kong Amidst Privacy Fears
Uh-oh, it seems like someone's got their circuits in a twist! The ever-so-curious Worldcoin, with its extraterrestrial dreams of universal basic crypto-income, has found itself in a bit of a digital pickle. The reason? The bustling hub of Hong Kong might just slam the "Access Denied" sign on their face. Yes, you heard it right! The city known for its skyscrapers and delicious dimsum is worried about – drumroll, please – personal data protection!
You got to appreciate the irony in this crypto-crazy world, right? Just when we thought things could swirl no weirder, enter stage left: Worldcoin confronting privacy concerns. I mean, who could have conjured that up? But fear not, our techy knights in gleaming armor are on the case, aiming to secure all those private keys and personal digits from prying lidless (hopefully not lid-open) orb-like scanners.
So, what's next for Worldcoin in this high-stakes drama? Will they pack up their orbs and head for the virtual hills? Or spring up with a snazzy solution that screams, 'Privacy? Bring it on!'? As they say, the future is unwritten. In the meantime, keep an eye on that coin. It's all getting rather...cryptic.
Sentiment: Troublesome
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Worldcoin Faces Hong Kong Ban Over Personal Data Concerns
Hong Kong’s privacy watchdog has ordered Worldcoin to cease its operations in the city after an investigation into the project’s data collection policy.
"Famed Trader Dave the Wave Foresees Big Bang for Bitcoin Soon, Predicts Striking 50% Boom"
Dave the Wave, an esteemed crypto trader recognized for several precise market predictions, believes Bitcoin is ready to take a leap forward. As he apprised his substantial social media following of 146,500 on platform X, Bitcoin appears to be power-charging on a bullish track. The pattern underscores trading within a certain scope before preparing for an energetic 50% surge. The trader's daily chart suggests that Bitcoin is sketching out a bullish megaphone pattern, marked with a couple each of elevated high prices and descended low prices. If the pattern comes to fruition, we could witness Bitcoin soaring to nearly $109,500. It is noteworthy that Bitcoin is currently priced at $69,429, a minor slump from the previous 24 hours' trading. Wave Dave isn't limiting his observations to Bitcoin alone. He's also scrutinizing the TOTAL2 chart, an efficacious tool for traders keeping an eye on the altcoin markets. This chart is significant because it reflects the total market cap of all cryptocurrencies, excluding Bitcoin and stablecoins.
Sentiment: Positive
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Bitcoin Forming Potential Massive Bullish Setup, According to Trader Who Called 2022 BTC Bottom - The Daily Hodl
A trader known for several accurate crypto market calls says that Bitcoin (BTC) may be gearing up for a massive breakout.
"5 Ether ETF Bidders Changing the Game: SEC Filings Revised"
A quintet of hopefuls bidding on the Ethereum ETF updated their Securities and Exchange Commission (SEC) filings, causing quite the Ethereum party. Venture capital guru and Cinneamhain Ventures partner Adam Cochran thinks an approved spot Ether ETF, minus the staking element, could actually hike up staking returns. As Ryan Berckmans, an Ethereum community fanboy and investor noted, these ETFs can boost Ethereum's street cred, while saving them from ETF tail-risk. All this contract tweaking happened in an enviably short 25-minute window between 9:35 and 10:00pm UTC on May 21, says Bloomberg ETF detective James Seyffart.
Now, don't pop your champagne bottles just yet, this doesn't mean that the SEC will give it a green light. But guess who's also trying to get in on the Ether ETF action? Heavyweights BlackRock and Hashdex. The flurry of change had Seyffart and his crime-solving partner in Bloomberg, Eric Balchunas, doubling down on their Ether ETF approval prediction, from 25% to 75%. Moreover, according to CoinGecko, ever since the SEC's alleged pivot, Ethereum has increased by 20.6%, settling around a cozy $3,800.
Sentiment: Optimistic
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‘It’s happening’ — 5 Ethereum ETF bidders amend SEC filings
Ethereum ETF applications from five U.S. asset managers have been amended, but an analyst says there is still a “long way” until they potentially launch.
The Secret Sauce Behind Solana's Explosive 30% Price Jump
Hey crypto enthusiasts, you might've noticed that our old buddy Solana has been doing backflips on the price charts lately. Yep, in just the past week, Solana has pumped those good ol' crypto leg muscles and launched over 30%. Quite a feat, eh? However, the big question is, what really sparked off this exciting price rally? Unfortunately, our source chose to play coy, deciding to tease us with an intriguing headline and nothing more. The exact cause remains a mystery for now, but don't lose sleep over it. Keep your eyes peeled on the market trends and grab a bag of popcorn, because the crypto world is nothing if not full of surprises.
Sentiment: Amused
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What Caused Solana Prices To Rally Over 30% In The Last Week?
Solana's SOL has been on a tear lately, rallying over 30% in under seven days as the high-performance blockchain network benefits from substantial activity.
Vitalik Buterin Cautions Against Diving Headfirst Into 'Highly Dangerous' Superintelligent AI
Unfortunately, the source seems to be pulling a disappearing act - much like my hard earned crypto after investing in a new Altcoin project with more red flags than a bullfight. Nevertheless, judging by the headline, it seems our very own Ethereum wizard, Vitalik Buterin, doesn't have a soft spot for the idea of diving head-first into the deep-end of superintelligent AI development. Seems like he thinks rushing into these potentially mind-blowing, and not in the good sense, AI technologies is akin to putting all your Bitcoins on red or black in a high-stakes round of roulette. A tad hazardous, wouldn't you say? But hey, that's just my take on it.
Sentiment: Neutral
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Ethereum Creator Vitalik Buterin Warns Against Rushing Into ‘Very Risky’ Superintelligent AI - Decrypt
We must avoid a world where “most human thought becomes read and mediated by a few central servers controlled by a few people,” he said.
US Financial Advisories' AUM Poised to Soar to $62tn by 2024 - An 8% Yo-Yo Growth Expected
The US Financial Advisory market is seemingly on a Red Bull, seeing an upward growth trajectory in recent years. All credit goes to changing customer preferences, and apparently, the market trends that probably change more often than a chameleon switches colors. Taking the spotlight is one key trend shifting towards fee-based advisory services. Now more than before, people seem to love their flavored financial guidance on the side.
Let's keep aside the hot dogs and burgers, the US does offer an impressive platter of financial institutions and advisors. They are not just waving from the shore but actively surfing in this market's aggressive waves. Figuring out the market size here is no less than a high-octane battle between Superman and Batman, employing a strategy mix of top-down and bottom-up approaches. For those adrenaline junkies out there, the market performance is reviewed bi-annually - just in case the dynamics decide to switch gears all at once.
With all these exciting moves, the master prediction is the All Under Management (AUM) of US Financial Advisories to race to $62tn by 2024, recording an 8% growth year after year. Hold onto your wallets folks, because this ride is about to get wild.
Sentiment: Positive
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Financial Advisory - US | Statista Market Forecast
The Financial Advisory market in the United States is projected to grow by 7.99% (2024-2028) resulting in a market volume of US$85.14tn in 2028.
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Tokenization: A True Game-Changer for Small Firms Eyeing Financial Markets
As per Packham's insights, tokenization is revolutionizing the way smaller businesses interact with capital markets by opening doors previously firmly shut. Normally, options like initial public offerings (IPOs) or bond issuance are too costly for these minnows in the financial ecosystem. However, Packham envisages a future where the economic topography is as flat as a cryptocurrency coin, all thanks to tokenization.
Unlike the standard modes of entering the capital markets, tokenization enables businesses to directly offer bonds or a variety of financial products to investors, while sidestepping the usual financial middlemen. However, it isn't all smooth sailing in this non-fiat seascape, as the technology behind this digital agenda needs regulatory buy-in.
Packham remains optimistic that over time, the strength of tokenization will win over regulators and remove the red tape. More retailers will then be able to invest, participating in the capital markets in a way they never dreamt possible. Small companies will no longer feel like tiny fish in a big pond, but players with just as much swing as larger counterparts.
Sentiment: Optimistic
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How tokenization levels the playing field for smaller companies
Small firms can gain access to new investment opportunities and broader markets, the CEO of Chintai says.
Bitcoin's Ascension Halfway there, Predicts Analyst: $74,000 in Sight?
Fasten your seatbelts, folks! Bitcoin's leg up is just getting started, at least, that's what Willy Woo thinks. The renowned on-chain analyst is firmly riding the bulls, suggesting that Bitcoin's current rally is at halftime, with the trophy clearly in focus. Showcasing his analytical prowess with a chart, Woo illustrates that the Bitcoin VWAP oscillator has rebounded from the oversold arena and is currently, for those familiar with digital altitude, at sea level. With its safe landing, we've got ourselves a midpoint of the Bitcoin rally.
Now, let's talk about the second quarter of this crypto game. The Bitcoin daily chart reveal suggests a silver lining, expecting that this next round will be a breakthrough moment. The gold coin is anticipated to outperform its March bests and earn applause from the adoring crowd. But, wait, there's more! Another sleuth in the crypto investigation world reaffirms the Bitcoin uptrend is not just dribbling, but shooting full court. So, dear crypto enthusiasts, your digital darling, Bitcoin, seems to be positioning itself for a slam dunk. A potential $74,000 score is the trophy Bitcoin has its eyes set on.
Sentiment: Positive
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Bitcoin Analyst Says The BTC Leg Up Is Halfway: Next Stop $74,000?
Bitcoin is flying at spot rates. According to Willy Woo, the leg up could just be getting started. BTC will likely break $73,800
Farcaster Secures a Whopping $150M in Paradigm-led Investment Round for Social Networking Growth
Farcaster, a champion in the field of decentralized social networks, has successfully hooked a big fish in its funding net, a hefty $150M. The latest funding round was led by the venture capital firm Paradigm, signalling promising things to come for Farcaster. The sizable cash influx will drive the expansion of Farcaster's decentralized social network, unshackled from central authorities, providing an unprecedented level of freedom for users. While the details remain in the shadows, the cryptoverse eagerly anticipates the ripples this news will make in the pond of digital networking. Fun fact doesn't need to say this but don't worry, you're not alone if you're double-checking your piggy banks!
Sentiment: Bullish
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Farcaster raises $150M led by Paradigm to expand decentralized social network
Farcaster secures $150M in a funding roundled by Paradigm, with participation from a16z, USV, Variant, and Standard Crypto.