For what it's worth, my utmost sympathy with the Futures traders today 👀. 🙈. 😢

Will be interesting to see how this 'pans out in the long run.

The US Marshals Service (USMS) has selected Coinbase Prime to safeguard and trade its large-cap digital assets. The custody services contract is valued at $32.5 million.

The United States Marshals Service (USMS), part of the U.S. Department of Justice, has selected Coinbase Prime to handle its large cap cryptocurrency assets.These assets, known as “Class 1” cryptocurrencies, are managed by the USMS to support federal law enforcement.Coinbase Prime will provide both custody and advanced trading services for these assets. The selection followed a rigorous competitive process, which Coinbase won.

Coinbase stated,

"We have a longstanding history of supporting law enforcement agencies, dating back to the founding of our law enforcement program in 2014. Today, we work with every major U.S. federal, state, and local law enforcement agency, as well as international agencies on every continent.”

By managing the USMS’s large cap digital assets, Coinbase said it wishes to continue expanding its “influence in the crypto economy.”

U.S. Marshals,

The decision to partner with Coinbase Prime was driven by its ability to provide secure, scalable services. The USMS said it needed a reliable partner to manage and dispose of large quantities of popular cryptocurrencies.

Coinbase’s history of supporting law enforcement agencies and its institutional-grade services made it the top choice. This partnership allows the USMS to handle a diverse range of cryptocurrencies more effectively, in line with Department and USMS policies.

#CryptoNewss
#CoinbaseEffect
#CoinbaseExchange.

The future of AI looks more than just good, investing in AI now while the technology is still 'growing /developing is not a bad idea at all, given that you do propper and intensive research on the subject before investing and deciding which AI project you want to invest in.

One 'field where AI shows great potential ⬇️

"The transformative power of AI across industries has great potential in one of the world’s oldest and most critical sectors: agriculture. Specifically, “edge AI” may be able to transform farming practices, boost productivity yields, and hit sustainability goals across the global food chain, a new study suggests.Edge AI is where AI algorithms are programmed directly on local devices "at the edge" of a network instead of in a centralized data center."

#EdgeAI
#AI
#Dyor2024
#TAI

July will be a month where you simply can't afford to take 'your eye off the ball', especially with what is going on in the US regarding the economy and legislative measures. Don't 'slack on your research!

The US shows potential for economic cooling. Thus in July market participants should watch for a comeback in volatility as additional regulatory developments and macroeconomic policies will play a crucial role.
In cryptocurrencies, this may increase interest in Bitcoin and other digital assets as alternative investments if traditional markets show signs of weakening.
A slowing economy could also spur the US Federal Reserve to begin cutting this year. The Fed has maintained high interest rates in a bid to manage price stability and prevent economic overheating.
Cheaper borrowing at lower rates could flow to risk assets, including Bitcoin etc.

This is not financial advise, merely highlighting some focus points.

#BTC
#Dyor2024

Three Alt coins that's maybe worth your while to at least take a look at and do some research on.
Due to extreme and 'unbalanced' fluctuations in the Crypto World many promising altcoins remain under the radar. 

Mantra (OM) is making waves in the Real World Asset (RWA) landscape with a 15% rise this month.
Raydium, a Solana-based automatic market maker, is showing bullish signs despite being far from any recent rally.
Wemix (WEMIX), a blockchain game platform, is also in the green despite hitting an eight-month low.

This is not financial advise, merely highlighting some points of interest.

Polymarket betters give Biden a 46% chance of dropping out by November.
Punters on the decentralized blockchain betting site Polymarket have upped the odds President Joe Biden will drop out of the race before the U.S. presidential election in November.

Traders now estimate a 46% chance Biden will withdraw his nomination, up from 19% on Thursday, following last week's first presidential debate against former President Donald Trump.

Some good news, let's see where this leads to.

The crypto community celebrates the US Supreme Court’s decision to overturn the Chevron doctrine, a 40-year-old principle that defers to federal agencies’ interpretation of the law.

Crypto stakeholders noted that the Supreme Court’s 6-3 decision ended a precedent that had unjustly empowered unelected agencies like the Securities and Exchange Commission (SEC). Over the years, the SEC has often been criticized for its stringent interpretation of the law against the emerging industry.

#Dyor2024

#BTC #ETH #Solana_Blockchain

AI is the future, but will it be beneficial to humans in the 'long run in general ?

Hyundai Has Robots That Deliver Coffee and Park Cars.
One of the robots is slated to be deployed at the company's U.S. plant in Georgia.

South Korean automobile brand Hyundai has announced the deployment of AI-powered robots, taking the technology out of science fiction and deploying it in a much more mundane setting, an office building.The robots are very different, and are not humanoid in form, designed to tackle specific tasks. The pair of machines do interact with humans at the Factorial Seongsu building in Seoul. The robots are part of the company's "Robot Total Solution," the company said, and are equipped with advanced technologies, including a facial recognition system.

Never forget...
In the Crypto verse, what goes up, will come down eventually and that which goes down will go up eventually, unless it's 'a dead' coin/token/project. Research is 'key'!
Remember, one only gain or loose physical capital once you sell/trade/swap a coin/token.
Panic, fear and greed are very expensive characteristics, some of the things which not one of us can afford!

Just some food for thought...

#DYOR
#TimingIsKey

Don't catch the bull, wait for the bear to start running, gaining speed, then you 'climb' in and hold tight, if you wait for the bull to start running before you get involved you'll miss the boat.

Buy/swap low, sell/swap high, always keep reserves, and kick greed, fear and panic out the door.

This is not financial advise, just food for thought.

Just some food for thought,
When the value of a historical 'strong' established token/coin goes down you only loose physical capital when you trade/sell/withdraw or swap that token/coin. Patience is crucial, panic is dangerous and lethal and exactly what the 'big players' want you to do.

Don't allow your decision making to be controlled by emotions, fear and greed.
#DYOR and be collective in your decision making, don't allow others to influence and cloud your judgment.

This is not financial advise, just saying.

#LiquidationFrenzy #Binance #write2earn