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Bitget Contract Market Update
Bitget Contract Market Update

Bitget·2024/07/02 05:03
Bitcoin miner Northern Data mulls US IPO of AI unit as early as 2025: report
Bitcoin miner Northern Data mulls US IPO of AI unit as early as 2025: report

Quick Take Northern Data AG is consulting potential advisers for an initial public offering in the U.S., Bloomberg reported. The company’s expected value ranges from $10 billion to $16 billion.

The Block·2024/07/02 04:13
Ethereum Suffers $61M Outflows, Worst Performance Since August 2022
Ethereum Suffers $61M Outflows, Worst Performance Since August 2022

Ethereum experienced the largest outflows since August 2022, as per CoinShares.

Cryptopotato·2024/07/02 03:43
Polkadot spent $37M on marketing – It was NOT worth it
Polkadot spent $37M on marketing – It was NOT worth it

Share link:In this post: Polkadot spent $37 million on marketing in the first half of the year, sparking community outrage. The $37 million included sponsorships, influencer marketing, and events, but failed to yield expected results. Its cash and assets total $188 million, projected to last another two years at the current spending rate.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. W

Cryptopolitan·2024/07/02 02:40
Flash
11:13
Despite rising energy costs and rupee depreciation, India’s economic growth exceeds expectations
Golden Ten Data, June 5 – Despite rising energy costs due to the Iran war and a weakening rupee, India’s first-quarter economic growth exceeded expectations. The Ministry of Statistics and Programme Implementation stated on Friday that first-quarter GDP grew by 7.8%, surpassing the median forecast of 7.3%. Amid recent external shocks—including increased US tariffs and ongoing effects of the Iran war—the Indian economy remains under pressure and its outlook is still uncertain. On Friday, the Reserve Bank of India announced measures to attract foreign investment, such as expanding access to government bonds to encourage capital inflows and ease pressure on the rupee, while keeping interest rates unchanged. In addition, the government scrapped capital gains tax on bond investments by foreign investors to shield the economy from energy crisis shocks related to the Iran war.
11:13
An address has deposited $1 million, continuing to accumulate the "an exchange Coin."
BlockBeats News, June 5th, according to onchainschool.pro, an address (0x82C0DA65f3bE5fd4EE102337A5c560E2ae52ebD1) deposited $1 million this afternoon and continued to accumulate "an exchange Life". At the time of writing, the address holds $6.35 million worth of "an exchange Life", with $175,000 still in stablecoins.
11:12
Michael Saylor proposes four major bitcoin ideologies: Technologists, Fundamentalists, Maximalists, and Capitalists
Odaily reported that Strategy founder and CEO Michael Saylor published a long article titled "The Four Ideologies of Bitcoin," dividing the current Bitcoin community into four main ideologies: Bitcoin Maximalists, Bitcoin Capitalists, Bitcoin Technologists, and Bitcoin Fundamentalists. Among them, Maximalists emphasize Bitcoin’s status as the dominant digital currency network; Capitalists advocate deeply integrating Bitcoin into global capital markets, banking systems, and corporate balance sheets; Technologists support technological upgrades to enhance scalability, privacy, and security; Fundamentalists stress self-custody, decentralization, and the immutability of the protocol to prevent Bitcoin from being “captured” by institutions or regulatory forces. Michael Saylor stated that Bitcoin has evolved from a niche technological experiment into a global digital currency network and asset. While different groups recognize Bitcoin’s importance, they are divided on its development path, methods of expansion, and protection mechanisms. The future success of Bitcoin requires the fusion of all four perspectives: maintaining core features such as scarcity, security, and decentralization, while promoting institutional adoption, capital market integration, and higher-level innovation. He pointed out that Bitcoin can simultaneously serve as personal currency, corporate capital, banking collateral, national reserve asset, and infrastructure for the global financial markets.
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