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🧙‍♂️ Important Developments: 📣On Monday, July 1, Wanchain (WAN) will make an announcement. 🇪🇺The European Region inflation rate will be announced on Tuesday, July 2 at 12:00. •Expectation: 2.5% •Previous: 2.6% 🇺🇸 Fed Chairman Jerome Powell will give a speech on Tuesday, July 2 at 16:30. 🇺🇸US Stock Exchanges will close early on Wednesday, July 3, due to Independence Day. 🇺🇲US Unemployment Benefit Applications will be announced on Wednesday, July 3 at 15:30. •Expectation: - •Previous: 233K 🇺🇸FED FOMC minutes will be published on Wednesday, July 3 at 21:00. 🇺🇸The US Unemployment Rate will be announced on Friday, July 5 at 15:30. •Expectation: 4.0% •Previous: 4.0% 🇺🇸US Nonfarm Employment Data will be announced on Friday, July 5, at 15:30. •Expected: 180K •Previous: 272K

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Diss from AMD to Nvidia and Intel: "We are the best in artificial intelligence! The years-long war between Intel, AMD and Nvidia has now moved to another dimension. These three technology giants, who competed only in the field of hardware in the past, have now entered a brand new field of competition: Artificial intelligence… A new statement from #AMD this week includes claims that the company is ahead of both Intel and Nvidia. This week, AMD's Senior Vice President and General Manager of Computing and Graphics, Jack Huynh, made important statements about its competitors and claimed that they offer the most complete solutions in the field of artificial intelligence. Huynh said that they did not think that Nvidia could release a product that would compete with them in the APU market. The AMD manager, who also threw stones at one of its rivals, Intel, stated that Intel is in the same situation when it comes to producing data center GPUs. Jack Huynh stated that #AMD is an expert company in both CPU and GPU and software development and is better than its competitors in three different areas. According to the AMD executive, the processors and graphics cards produced by the company perform better in artificial intelligence workloads. However, it promises less power consumption and a broader software ecosystem. To be honest at this stage, it is clear that Nvidia has made a big difference in the field of artificial intelligence, but it must be admitted that the statements coming from AMD are a bit optimistic. On the other hand, seeing how serious the company is about artificial intelligence is also good news for end users. It is a fact that competition in every field benefits the end user.

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Grayscale identified 20 cryptocurrencies with “high potential” Grayscale, the world's largest digital asset management company, published a report commenting on the current situation in the cryptocurrency world. Stating that in the analysis, it expects 18 coins, in addition to Bitcoin and Ether, to come to the fore in the 3rd quarter of 2024, the company expects the rise in artificial intelligence coins to continue. In addition to the launch of the Bitcoin spot ETF, Grayscale, which is waiting for the final approval from the SEC for the same product in Ether, published a report sharing its expectations for the 3rd quarter of 2024. Focusing more on the rise of artificial intelligence coins in the report, the company also stated that it expects the ecosystem to grow around the Ethereum chain with the acceptance of Ethereum spot ETFs. According to the report, Grayscale predicts that Ethereum ETFs will receive significant investment, as in Bitcoin ETFs, and will increase the valuations of tokens in the Ethereum ecosystem. The company continued, “If ETF approval increases interest and adoption in Ethereum, certain second layer tokens (e.g. Mantle), Ethereum DeFi protocols (e.g. Uniswap, Maker and Aave) and other assets central to the operation of the Ethereum network.” “We may also see increased transaction activity and valuation support for (e.g. Lido).” says. On the other hand, Grayscale is of the view that, aside from the Ethereum ETF approval, various existing categories, and particularly the intersection between blockchain technology and artificial intelligence, will continue to be in focus in the coming quarters. The company underlines that one of the assets in this category is Near, and that Near is among the best smart contract platforms in terms of the number of daily active users. The report emphasized that decentralized GPU markets such as Render and Akash may also be the choice of investors who want to invest in the field of artificial intelligence.

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🧙‍♂️Spot Ethereum ETF issuers must resubmit S-1 forms by July 8. •This new timeline means the launch of spot Ethereum ETFs could be delayed until mid-to-late July, according to Bloomberg ETF analyst Balchunas.

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Dogecoin Rising: Short-Term Gains Expected Compared to Bitcoin. As major figures in the cryptocurrency space, Bitcoin and Dogecoin share some common ground; these include their commitment to the Proof-of-Work (PoW) consensus mechanism. This key feature connects them to a traditional blockchain verification method. However, there is a significant difference in supply dynamics; While DOGE's supply is theoretically infinite, Bitcoin's supply is limited to 21 million, making BTC scarce. Currently, Dogecoin is trading at $0.12 and is up a significant 38.19% Year-to-Date (YTD). Bitcoin, on the other hand, has a value of $61,579, an increase of 39.42% in the same period. The correlation between their prices is quite high, according to Macroaxis, this ratio is at 0.98. This suggests that price movements are closely linked and provide nearly equivalent returns to investors over time, with Bitcoin slightly outperforming Dogecoin. Data shows a significant sell wall for Bitcoin at $62,134. At this level, there are 1.64 million addresses purchasing approximately 759,670 BTC. On the other hand, there are 755,240 addresses purchasing approximately 445,280 BTC at $60,793. This setup indicates that Bitcoin may struggle to surpass the $62,000 level and there is a possibility of it falling below $60,000 in the short term. Dogecoin is in a different position, there is strong support at $0.12. This level represents 86,480 addresses purchasing a total of 6.87 billion DOGE. Such solid support could allow Dogecoin to rise above the $0.12 level to reach future values in the $0.13 to $0.15 range, indicating an advantage over Bitcoin in the short term.

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