Right in the feels

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Jul 9, 2023
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Right in the feels

CoinMarketCap Daily Newsletter Feel “The best and most
beautiful things in the world cannot be seen or even touched - they must be felt
with the heart.” – Helen Keller Happy Wednesday, dear CoinMarketCap-ers! I hope
you're all having a fantastic week so far. To those who are not, remember to tie
a knot and hang on, for the weekend is nigh! 😄 Today in history (1446),
Korea's Hangul alphabet was published. 🇰🇷 We will be covering UNICEF
launching a cryptocurrency fund to back open source technology,
Casa releasing a new version of its Bitcoin full node Casa Node 2 and
China Merchants Bank’s latest crypto partnership that includes an STO
investment. Please do not forget to answer the polls down below too! It's a
great way to interact with you and hear what you have to say. 💭 Happy reading! 📚
Over the last 24 hours, total market capitalization stayed within a tight range
of ~$220.9 billion and ~$223.6 billion, with most coins either seeing
gains or losses in the ~1-3% range. Notable mover of the day is Chainlink
(LINK), currently up ~17.1%. 24-hour volume registered ~$52 billion. BTC is
currently trading at ~$8,250, at the same level it was at yesterday.
Consolidation at these levels continue. On the daily chart, RSI is at ~35, still
indicative of significant bearish momentum. The MACD line has also crossed to
the upside of the signal line. 👀 The United Nations Children's Fund
(UNICEF) has started a cryptocurrency fund that will manage
Bitcoin (BTC) and Ethereum (ETH) donations in a bid to
support open source technology for children worldwide. The first contribution
comes in the form of 100 ETH from the Ethereum Foundation, and marks a
combined effort between the Foundation and UNICEF to boost "access to basic
needs, rights, and resources". Earlier this year, UNICEF was in discussions
with the Kyrgyzstan government to use blockchain and offer schools
internet access through the Project Connect movement. 🗾 Casa, a New York-based
cryptocurrency custody startup, has launched Casa Node 2, a new form of
the widely adopted pre-synced Bitcoin (BTC) full node product. The new
Node 2 delivers a speedier and smoother BTC and Lightning experience by using a
faster processor on Raspberry Pi 4, together with a 1TB solid state drive (SSD)
and 4GB RAM. 💨 Casa has also announced a new model of its native node program,
NodeOS. After the update, the Casa Node 2 will run BTCPayServer, a leading open-
source BTC payments processor. The Hong Kong-based China Merchants Bank
International (CMBI) is contributing to the Nervos Network security token
offering (STO), cementing the Chinese government's indirect participation
in the offering. A prior report showed that CMBI was investing in the STO to
"build an open platform and a new investment bank". This is the CMBI's second
time investing in Nervos tokens, with the first being back in a 2018
fundraising. In the meantime, crypto exchange Huobi is working with the
Nervos Foundation to produce a decentralized finance (DeFi) platform to support
easier capital flows among cryptocurrencies. The programming language
used by Ethereum for developing smart contracts. Who knows what the next year
could hold? IF you've got some free time the 2nd week of November... IF you've
contemplated going... Why not head down to The Capital? Join us in Singapore,
for a one-of-a-kind crypto conference created especially for you.
Because, who knows what you'll be up to in the future, or where in the world
you'll be next year? #WhyNot #TheCapital The Swiss National Bank (SNB) has
agreed to explore central bank digital currencies (CBDC) at the new Bank for
International Settlements' (BIS) new Innovation Hub Centre. 🏦 Messaging app
Telegram finally goes public with its role in the Telegram Open Network (TON). 🚪
Sanae Takaichi, Japan's internal affairs minister, revealed that cryptocurrency
donations to political parties in the country is legal and need not be
disclosed. ⚖ 13 Oct - U.S. SEC's decision on the Bitwise Asset Management's
Bitcoin ETF application, under the NYSE Arca exchange (final decision) TBA -
Justin Sun's lunch with Warren Buffett How much do you agree with this
statement: "I believe that allowing people to donate in crypto will
result in overall more donations." "How much do you agree with this statement:
"Governments are starting to open up to crypto."" The average
vote was 7.3. 30% of y'all voted a '10'. "Why or why not?" here is no
alternative. – There will always be another alternative haha. 😄 Yes some are
and some others will in time my belief is all will by the end of 2021 – Let’s
hope so! 🙏 I personally think those who adapt and use it for good will be top
of the food chain{superpowers} in the next 30 odd years. the beauty of
blockchain is, it makes the world a much easier place, information and
doing business much easier. Unfortunately though, politicians aren't honest
folk. So in a lot of countries, depending on who in the driving seat,
implementation won't be a walk in park. And I'm not talking blockchain
just a digital currency, referring to other wonderful uses of the
blockchain. – Yeah, there’s def an incentive to being an early mover in
any industry. Hmm, but I think govts are pro-blockchain, just not the
permission-less forms of them. 🤔 The us government created bitcoin – That
would be some sick plot twist 😂 Follow the light out of the cave ! – First
some have to see the light. 👀 They all wanna be part of the unstoppable
revolution! – Aren’t you already glad to be a part of it? 😄 Keyword =
starting. Yes, but in varying degrees. Lichtenstein gets an A+! Malta and
Switzerland get an A, Japan a B+, Many EU nations and the UK get a C, India a
C-, and the US a D- (Thanks to Wyoming and New Jersey keeping it from being an
F). – Hahaha the last part made me chuckle. 😂 I agree . If one looks at the
governments that implemented their www ( internet) laws and protocols first,
those are the ones that are adopting swiftly . The realization has set in that
Crypto / blockchain is here to stay has definitely dawned upon them .
Remember they have an annual budget and this will only gain a slow momentum
initially however there is no doubt it will start moving faster over the next
three years . – Does make sense… 🤔 They have to open up. Since Facebook
introduced their Libra they have to regulate crypto before it get
launced. That Libra thing scared the shit of them haha. – Certainly lit a fire
under their butts and let them know that the threat is real. 😂 time does not
stand still for anybody! – Preachhh 🗣 Well, they acknowledge the existence of
cryptocurrency. The one thing Libra is good for. – Hhahaahahahahah, dang that’s
a good one. 😂 Banks want their expensive fees and will payoff government
officials like the SEC to keep it that way – Lol trueee. They're gonna do more
than "open up to it". If governments cant have some control over the wealth,
quite frankly, they will fight any and everybody to get it! – They’ll def find a
way to get a slice of that pie. 🤑 They need the tax revenue – If it were up to
me, I would do what the French govt intends to do – not tax crypto-to-
crypto trades, and not tax when crypto is sold for fiat. 👍 Feel w the heart ♥
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