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Biden announces withdrawal from 2024 presidential race
US President Biden endorses Vice President Harris as the 2024 Democratic presidential candidate
Vitalik: Polymarket’s performance is impressive
Ethereum Foundation researcher: Ethereum celebrates its 10th anniversary, ETH/BTC has increased more than 100 times in 10 years
TON Foundation and Mocaverse Partner to Launch $20 Million Program to Support TON Ecosystem
CoinShares: Digital asset investment products saw $1.35 billion inflows last week
Seven U.S. states unite to challenge SEC's over-regulation of cryptocurrencies
Musk changes X platform profile picture to "laser eye" picture
Messari founder changed his profile picture to the same laser eye as Musk, and a large number of related Meme tokens appeared in the market
What important events have occurred in the past 24 hours?
Vitalik: Polymarket’s performance is impressive
Ethereum co-founder Vitalik responded to Polymarket’s tweet: “Your performance is impressive. Not only did you predict the results in advance, you also provided active input to the collective decision (by showing the conditional odds of different candidates).”
Ethereum Foundation researcher: Ethereum celebrates its 10th anniversary, ETH/BTC has increased more than 100 times in 10 years
Justin Drake, an official researcher at the Ethereum Foundation, posted on X that today is Ethereum’s tenth birthday.
On July 22, 2014, Ethereum officially launched IC0. The fundraising price that year was 1 BTC for 2,000 ETH, without permission, VC, or lock-up. Ten years later, 1 BTC can be exchanged for less than 20 ETH, which means that ETH has increased more than 100 times relative to BTC in the past decade.
TON Foundation and Mocaverse Partner to Launch $20 Million Program to Support TON Ecosystem
According to the official announcement, the TON Foundation has partnered with Mocaverse to launch a $20 million plan to support the TON ecosystem.
The TON Foundation, Mocaverse, and MOCA Foundation have agreed to establish a $20 million reserve of MOCA coins and Toncoin to incentivize developer and user adoption of the TON ecosystem through joint incentives such as open alliances, hackathons, and accelerator programs. These funds will leverage their combined ecosystem and incentivize cross-functional development of development and user activity.
The TON Foundation and the MOCA Foundation will leverage listing and token resources to facilitate interactions between users in the foundations’ respective ecosystems. Through this partnership, Animoca Brands and Mocaverse will actively promote and integrate the TON blockchain to help partners developing gaming projects.
CoinShares: Digital asset investment products saw $1.35 billion inflows last week
According to CoinShares’ latest weekly report, digital asset investment products saw inflows of $1.35 billion last week, bringing the total inflows over the past three weeks to $3.2 billion.
Bitcoin investment products saw inflows of $1.27 billion last week, while ETPs that short Bitcoin saw outflows of $1.9 million. Ethereum investment products saw inflows of $45 million last week.
The United States and Switzerland saw large inflows of $1.3 billion and $66 million, respectively, while Brazil and Hong Kong saw smaller outflows of $5.2 million and $19 million, respectively.
Matrixport: Fiat currency deposits rebound, indicating a bullish trend in the crypto market
Matrixport says fiat-to-crypto inflows appear to be picking up again, as indicated by the recent rise in daily minting data.
Historically, such growth has typically been bullish for the market, indicating a shift of funds from traditional financial markets to the cryptocurrency market.
This change indicates a positive trend, especially against the backdrop of relatively muted minting activity since mid-April.
Strategist: Biden's withdrawal from the election may bring volatility, but expectations of rate cuts remain the main driving force
Lindsay James, investment strategist at Quilter Investors, said that US President Biden's withdrawal from the US presidential race and support for Kamala Harris has made it less likely that Trump will win a landslide victory, and the market may see some volatility in the next four months.
However, expectations of rate cuts will continue to be a driver of market returns, compared with campaign news, she wrote in a research note. The market is increasingly pricing in a Trump win, with smaller companies boosted in part by expectations of broad import tariffs, she added.
Binance Completes 28th BNB Destruction, Destroying BNB Worth $971 Million
According to the official announcement, Binance completed the 28th BNB destruction, destroying a total of 1,643,698.8 BNB, worth approximately US$971 million.
DOGS and Pixelverse's official X accounts have been frozen
The official X accounts of TON ecosystem MEME projects DOGS and Pixelverse have been frozen. In addition, the X account of the founder of pixelverse has also been suspended.
User X said that farmers in their community have reported these accounts, and claimed that they hope these project owners can understand that the community is the key. If the project owners do not want to reward farmers, they should not contact them.
Seven U.S. states unite to challenge SEC's over-regulation of cryptocurrencies
According to Bitcoin.com, seven U.S. states have jointly challenged the SEC's regulatory authority over cryptocurrencies. A coalition of seven states led by Iowa Attorney General Brenna Bird filed a friend-of-the-court brief on July 10, opposing the U.S. Securities and Exchange Commission's (SEC) attempt to regulate cryptocurrencies. The coalition includes Arkansas, Indiana, Kansas, Montana, Nebraska, and Oklahoma.
The alliance pointed out that the SEC's "power expansion" will hinder innovation, hurt the cryptocurrency industry, and exceed its authority. They believe that the SEC's regulatory actions not only prevent states from protecting citizens from scams, but also undermine the free market. The Iowa Attorney General's Office emphasized that the SEC's actions to bypass Congress to grant itself new powers are illegal, inhibit innovation, and allow scammers to go unpunished.
The brief also explains that the SEC violated the Administrative Procedure Act and the Significant Issues Doctrine and calls on the court to prevent the SEC from exceeding its authority. The seven-state coalition argues that typical cryptocurrencies do not qualify as investment contracts under the Securities Act of 1934.
Musk changes X platform profile picture to "laser eye" picture
Tesla and SpaceX CEO Musk changed his X platform (formerly Twitter) profile picture to the iconic "laser eye" image of Bitcoin supporters.
The "laser eyes" phenomenon was reportedly part of a campaign on social media to push the price of Bitcoin to $100,000 by the end of 2021, but this goal was not achieved.
US President Biden endorses Vice President Harris as the 2024 Democratic presidential candidate
After announcing his withdrawal from the race, Biden expressed his full support and endorsement of US Vice President Harris for the Democratic presidential nomination. Minutes after Biden announced his withdrawal from the 2024 presidential race, Trump responded in a phone call with CNN: "He is the worst president in the history of our country. He is by far the worst president in the history of our country." Trump also said that he believed Vice President Harris would be easier to defeat than Biden.
Earlier news, US President Biden published an open letter announcing that he would not seek re-election. Biden said that although he had intended to seek re-election, he believed that in the best interests of the party and the country, he would step down and focus on fulfilling his presidential duties for the rest of his term, and said he would give a speech later this week to elaborate on this decision.
Biden announces withdrawal from 2024 presidential race
U.S. President Biden published an open letter announcing that he would not seek re-election. Biden said that although he had intended to seek re-election, he believed that in the best interests of the party and the country, he would step down and focus on fulfilling his presidential duties for the rest of his term, and said he would give a speech later this week to explain this decision.
Messari founder changed his profile picture to the same laser eye as Musk, and a large number of related Meme tokens appeared in the market
Messari founder Ryan Selkis changed his profile picture to the same laser eyes as Musk.
In addition, there are a large number of DARKMUSK and other related Meme tokens on the market and they are quite popular.
"What are the interesting articles worth reading in the past 24 hours?"
a16z talks about project entry strategy: using attention and tokens as a driving force to build a decentralized community
Every company faces some form of the “cold start problem”: How do you get started from scratch? How do you acquire customers? How do you create a network effect where your product or service becomes more valuable as more people use it, thereby incentivizing more customers to sign up?
In short, how do you “get to market” and convince potential customers to spend their money, time, and attention on your product or service?
In the Web2 era, most companies — an era defined by large, centralized products/services like Amazon, eBay, Facebook, and Twitter, where the vast majority of value flows to the platform itself rather than to users — responded by investing heavily in sales and marketing teams as part of a traditional go-to-market (GTM) strategy focused on lead generation and customer acquisition and retention. But in recent years, a completely new model for building organizations has emerged. Rather than corporate control, where centralized leadership makes all decisions about a product or service, even when using consumers’ data and free, user-generated content, this new model leverages decentralized technology and introduces users to the role of owners through digital primitives called tokens.
This new paradigm, known as Web3, changes the entire concept of GTM for these new types of companies. While some traditional customer acquisition frameworks still apply, the introduction of tokens and new organizational structures like Decentralized Autonomous Organizations (DAOs) require a variety of go-to-market approaches. Since Web3 is still new to many, but there is a huge amount of building in this space, in this article, I will share some new frameworks for thinking about GTM in this context, and where different types of organizations may fit in the ecosystem. I will also provide some tips and strategies for builders looking to create their own Web3 GTM strategy as the space continues to evolve.
US Vice President Harris announced that she will succeed Biden in the general election. Which new tokens are worth paying attention to?
With U.S. President Joe Biden announcing his withdrawal from the re-election race, Vice President Kamala Harris has emerged as a strong contender for the Democratic nomination.
Biden said in a statement that he would fully support Harris's campaign, which has been endorsed by former President Bill Clinton, former Secretary of State Hillary Clinton and cryptocurrency critic Senator Elizabeth Warren.
"I am deeply honored to have the president's endorsement, and my goal is to win this nomination and do everything I can to unite the Democratic Party, unite the country, and defeat Donald Trump and his extreme 2025 agenda," Harris said in a statement.
For friends in the cryptocurrency circle, the most important concern is Harris’ attitude towards encryption and which tokens are worth paying attention to. BlockBeats will introduce them below.
Musk takes orders again, replaces laser eyes after three years
As the US election is underway, "hot memes" continue to appear.
In the early hours of this morning Beijing time, the current US President Biden announced his withdrawal from the 2024 US presidential election and will support Vice President Kamala Harris as the Democratic presidential candidate in 2024. Subsequently, related meme coins such as $HERRIS, $KAMALA, and $KAMA, which surged in a short period of time, came into the community's view.
At the same time, Musk, who has received much attention from the crypto community and supports the Trump camp, also "made some money", causing an election concept meme coin "DMAGA" to surge more than 50 times in a short period of time.
