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🔡🔡🔡🔡 Top news from the last 3 days: 🇺🇸 US inflation dropped to 3%, below expectations. Now markets await at least 2 rate cuts from the Fed by the end of the year. 🤡 SEC halts investigation against Paxos over BUSD stablecoin, stating it's not a security. 🔴 On July 10th, spot Bitcoin ETF inflows reached $147.4 million — marking the fourth consecutive day of positive trends. 🐹 Hamster Kombat team announced their second drop in 2 years. 🦎 CoinGecko: 49% of participants expect crypto market recovery. 🚾 Former FTX CEO Ryan Salame sentenced to 7.5 years, claiming Alameda and FTX made huge profits while he stole them. 🇩🇪 German government holds 4,925 BTC ($284 million). ❗️ US startup launches production of subcutaneous crypto wallets using NFC and RFID technologies. Twitter 🐦|Game 👾|Website 🌐

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❓ How did the idea of cryptocurrency originate?

The idea of cryptocurrency emerged in the early 2000s due to the need for secure and anonymous online payments. Programmers and cryptographers saw the potential of cryptography in creating decentralized digital currencies.

⚡️ The first significant project was eCash, created by David Chaum in 1983. He proposed electronic money using cryptography for anonymity, but the project did not gain wide adoption. 🪙 The breakthrough came in 2008 with Bitcoin, introduced by Satoshi Nakamoto. Bitcoin utilized blockchain technology to solve the problem of double spending without a central authority, sparking immense interest and giving rise to the cryptocurrency industry. 🔝 Cryptocurrencies continue to evolve, encountering challenges and finding new applications. Regulators and governments are attempting to define their stance, while developers explore ways to integrate blockchain into various industries. Twitter 🐦|Game 👾|Website 🌐

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👀 News and Market Overview for July 1st, 2024 The market is gradually recovering after the downturn in June. 💰 (BTC) has increased by 3.22% over the last 24 hours 🔹 (ETH) rose by 1.80%, reaching $3,445.40. 🔸 (BNB) gained 2.08%, with its price at $582.80. The total market capitalization of the entire cryptocurrency market is $1.11 trillion. Here are some news items that could impact the market: 🇺🇸 The U.S. SEC has filed a lawsuit against MetaMask wallet developer. This could lead to increased regulation in the cryptocurrency industry. ⚪️ Founders at Glassnode predict Ethereum's price to rise to $7,500. This may indicate growing investor optimism about Ethereum's prospects. 💵 Despite overall volatility, the stablecoin market remained stable in June. This suggests that investors are increasingly using stablecoins as a hedge against volatility in other cryptocurrencies. Overall, the cryptocurrency market remains volatile, but there are signs that it may be recovering from the downturn in June. #DYOR #NFA Twitter 🐦|Game 👾|Website 🌐

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🤖 AI and Cryptocurrency: Interconnection

Artificial Intelligence and cryptocurrency are two powerful technological forces that together drive significant changes in technology and finance. Cryptocurrencies operate on digital technologies, while AI enhances them, improving efficiency and security.

❗️AI enhances cryptocurrency algorithms, making consensus and security processes more efficient. ⚙ In cryptocurrency mining, AI optimizes processes, manages energy consumption, and increases mining efficiency. AI also contributes to the development of decentralized applications (DApps), expanding blockchain technology capabilities. ✔️Conclusion: Integrating AI and cryptocurrencies streamlines processes and offers more efficient financial and technological solutions. However, it is crucial to consider ethical, legal, and social aspects to ensure sustainable technology development. Twitter 🐦|Game 👾|Website 🌐