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Welcome to Crypto Fam, a place where we share the hottest trends in the world of cryptocurrency among close friends!
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Reddit is beefing up its defenses against content harvesting bots that use the platform's data to train AI. Updating the robots.txt file and other measures are aimed at limiting access by unwanted bots. These changes will not affect bona fide users and researchers. The platform will continue to partner with companies such as Google and OpenAI on a paid basis.

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#Reddit #cryptofam
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Blockchain and cryptocurrencies are coming together to counter the potential negative effects of artificial intelligence (AI) applications. These technologies can help authenticate content, verify identities, and facilitate financial transactions using stablecoins. This collaboration aims to create a secure and transparent digital ecosystem, reducing the risks of counterfeiting and cybercrime.

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#Blockchain #Crypto #cryptofam
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Cryptocurrency Futures Trading Volume Overview ÂŠī¸

The image presents data on the 24-hour and weekly trading volumes for various cryptocurrency platforms and futures.

Poloniex Futures leads with $29.75 billion over 24 hours and $178.52 billion over the week. Binance Futures is in second place with $20.29 billion over 24 hours and $259.63 billion over the week.

OKX Futures ranks third with $8.04 billion over 24 hours and $107.46 billion over the week. Bybit Futures and Binance show $6.65 billion and $5.57 billion over 24 hours respectively.

MEXC Futures also reported a significant weekly trading volume of $22.70 billion.

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#Crypto #cryptofam
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Over the past year, 17.8% more cryptocurrency ATMs have been installed globally, reaching 38,279. In December 2022, a record was set with 39,541 crypto machines in operation.

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#Crypto #cryptofam
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Top Cryptocurrency News

⏊ The US Securities and Exchange Commission (SEC) has approved the first Ethereum futures ETFs. This event has caused a significant increase in ETH prices, up to 500%.

⏊ A new regulation called MiCA (Markets in Crypto-Assets) has come into force in the European Union, establishing unified rules for the issuance and trading of crypto-assets. This could significantly change the cryptocurrency market in Europe.

⏊ The US Federal Open Market Committee (FOMC) has published the minutes of its latest meeting, providing insights into the future monetary policy of the US. This has also impacted the cryptocurrency market.

⏊ Mt. Gox has announced the upcoming release of 140,000 BTC to its creditors in July 2024. Analysts warn of possible market pressure and a drop in BTC prices to $50,000.

⏊ The price of Ripple (XRP) is holding at a critical support level of $0.47. Analysts expect a possible bullish reversal but also warn of a potential decline if the support level fails.

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#Crypto #cryptofam
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Polkadot's development activity has declined despite the rising DOT price. Last week, the development score dropped to 46.93, indicating a decrease in efforts to improve the network. However, the project has made significant progress, such as the launch of Snowbridge, NFT development and asset security. DOT's price is holding steady at $6.11, remaining one of the best performing projects among the top 20. Analysts expect DOT to follow Ethereum's growth, and there are even possible rumors of inclusion in an ETF.

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#Polkadot #cryptofam
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Sony Group has officially entered the cryptocurrency market by acquiring Amber Japan, the Japanese division of Amber Group, which provides regulated digital asset trading services. The move is part of Sony's strategy to diversify its portfolio. In March 2023, Sony filed a patent for the "NFT Framework for Transferring and Using Digital Assets Between Games Platforms," which allows NFT to be used cross-platform.

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#Sony #cryptofam
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BlackRock is acquiring Preqin for $3.22 billion to strengthen its data and analytics position in the private asset market. Preqin, known for its extensive databases and analytical tools, will be an important part of BlackRock's strategic expansion, providing access to valuable data to manage assets and improve investment decisions. The transaction underscores BlackRock's efforts to strengthen its capabilities in alternative investments and technology solutions.

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#BlackRock #cryptofam
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The number of cryptocurrency ATMs worldwide will soon reach a record high. There are currently 38,278 ATMs, which is almost the same as the peak in December 2022. This means that cryptocurrencies are becoming increasingly accessible to regular users.

Well, now instead of just looking for an ATM, you can look for a crypto ATM. 😉

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#Crypto #cryptofam
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đŸ‡ĩ🇭It is now possible to pay insurance premiums in USDT cryptocurrency via the TON blockchain in the Philippines.

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#USDT #TON #cryptofam
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Large investors in Toncoin (TON) bought up $342 million worth of tokens over the past week. This indicates a high level of confidence and optimism among investors about TON's future growth. At the moment, the token price is around $7.6 and the market capitalization has reached $18.7 billion, which puts Toncoin in the eighth place among the largest cryptocurrencies.

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#TON #cryptofam
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A US federal court has rejected the SEC's main claims against Binance, including the claim that crypto-tokens are securities. The court ruled that the SEC failed to present facts to prove that BNB's sales on secondary markets are securities transactions and rejected the argument that the BUSD stablecoin qualifies as an investment contract. However, some of the SEC's claims were remanded for further consideration.

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#SEC #cryptofam
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Charles Hoskinson, founder of Cardano, expressed concerns about AI censorship. He noted that modern AI models are controlled by a small group of people, which limits access to certain information. Hoskinson emphasized that this could have a negative impact on the development of future generations. Users supported the idea of decentralized and open AI.

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#Cardano #cryptofam
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According to Gemini research, spot Ethereum ETFs could attract up to $15 billion in 2024. It is expected that the investment volume in the first six months will reach up to $5 billion.

Such growth could significantly strengthen Ethereum's position in the market. 🔹

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#ETF #cryptofam
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Cryptocurrency Futures Trading Volume Overview ÂŠī¸

The image presents data on the 24-hour and weekly trading volumes for various cryptocurrency platforms and futures.

Binance Futures leads with $34.32 billion over 24 hours and $224.63 billion over the week. Poloniex Futures is in second place with $29.75 billion over 24 hours and $178.52 billion over the week.

OKX Futures ranks third with $14.82 billion over 24 hours and $93.31 billion over the week. Bybit Futures and Binance show $13.80 billion and $9.77 billion over 24 hours respectively.

MEXC Futures also reported a significant weekly trading volume of $20.64 billion.

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#Crypto #cryptofam
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📊 Since the beginning of this year, there has been the following change in the value of major asset classes:

1ī¸âƒŖ Bitcoin: 42.23%
2ī¸âƒŖ Silver: 22.73%
3ī¸âƒŖ Nasdaq: 20.09%
4ī¸âƒŖ S&P500: 15.13%
5ī¸âƒŖ Gold: 12.74%
6ī¸âƒŖ AI & Robotics: 11.49%

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#BTC #cryptofam
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A list of the 15 cryptocurrency projects with the largest increase in total value of blockchain assets (TVL) in the second quarter of 2024.

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#Crypto #cryptofam
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NFT trading activity has dropped to its lowest level since 2023. While the volume of digital collection transactions was $193 million in March, it fell to $78 million in June, marking a 60% decline.

The number of buyers and sellers also decreased, and the turnover in the tokenized collections market shrank by 45%. Ethereum, Bitcoin, and Solana continue to hold leading positions.

It seems that even pixel cats are not as popular as they used to be. 🤷

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#NFT #cryptofam
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According to an expert, the SEC is likely to approve the trading of spot Ethereum ETFs as early as July 15. This event could significantly impact the cryptocurrency market, especially the price of Ethereum.

The approval of ETFs is expected to attract a substantial number of institutional investors.

Well, it looks like Ethereum is about to start a summer race. đŸƒâ€âžĄī¸

CryptoFam
#ETF #cryptofam
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Tether is actively supporting education in digital assets in Turkey. The company is launching various programs for students and the general public to increase knowledge about cryptocurrencies and blockchain technologies.

Well, who knows, maybe this is the future of education? 🤓

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#Tether #cryptofam
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đŸĻžIn June 2024, Apple said it had reached an agreement with the startup that would give the company representation on OpenAI's board of directors. This development is similar to the position already held by Microsoft.

The move is seen as a convergence of the leading tech giants to accelerate the development of AGI (Artificial General Intelligence). It looks like it's time to get ready for significant breakthroughs in this field, so get your popcorn ready!

CryptoFam
#Apple #cryptofam
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