Brave Spirit

@bravespirit

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The cryptocurrency market may be nearing the end of the thick protocol theory According to PANews, Arthur, founder and chief investment officer of DeFiance Capital, expressed on social media that the cryptocurrency market may be approaching the final phase of the 'Fat Protocol' theory. This theory has reportedly caused long-term damage to investments in cryptocurrencies other than Bitcoin. Arthur emphasized that successful application projects are typically valued at five to ten times their revenues, while infrastructure projects that have shown little growth over the past two years are still valued at 150 to 1,000 times their revenues. He believes that the speculative premium bubble in crypto-infrastructure has officially burst.💥

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Market bottom may be near amid key economic data According to Foresight News, Fundstrat Chief Investment Officer Tom Lee suggested in an interview with CNBC that the market could be in the process of forming a bottom, potentially reaching it as early as this week. Lee emphasized the importance of the upcoming jobs data, noting that if the numbers fall short of expectations, it could trigger a short-term panic. However, it could also prompt the Federal Reserve to accelerate interest rate cuts. Lee expects a 75 basis point cut in the federal funds rate this year, which would bring it down to the 3.50%-3.75% range by the end of the year. As for bitcoin (BTC), Lee attributed the current pullback to cyclical market fluctuations rather than negative news. He predicts a short-term drop to $62,000, but remains optimistic that BTC will exceed $150,000 by the end of the year.

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Tokenization is revolutionizing the real estate investment sector According to Cointelegraph, real-world asset (RWA) tokenization is poised to transform the real estate investment sector, which has traditionally been characterized by high illiquidity, multiple intermediaries and increased transaction costs. Polygon CEO Marc Boiron highlighted the potential of real estate tokenization to streamline processes by eliminating unnecessary intermediaries, thereby reducing transaction costs.

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I just collected "Farcaster: Lion"

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The SEC says that memcoins are not securities, investors must assume all risk Key takeaways from the SEC's guidance on memcoins Memcoins are not securities: the SEC states that sales and purchases of memcoins are not securities transactions, which exempts them from registration under the Securities Act of 1933. No registration required: unlike stocks, bonds or other regulated investment instruments, memcoins can be offered and sold without registering with the SEC or filing exemption applications. Investor Risk: The SEC warns that memcoin holders are not protected by the federal securities laws, meaning they are fully responsible for potential losses, fraud risks and market volatility.

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Bank Of America prepares to launch stablecoin amid regulatory changes According to ShibDaily, Bank of America (BofA) CEO Brian Moynihan has announced that the bank is ready to launch its own stablecoin, provided a clear regulatory framework for digital assets in the United States is in place. Speaking at the Economic Club of Washington, D.C., Moynihan emphasized that the introduction of a "Bank of America coin" is inevitable, pending legislation. He emphasized the likelihood of a fully dollar-backed stablecoin as a result of ongoing legislative discussions on Capitol Hill. Moynihan stated, "If they make it legal, we'll be in the business."

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Happy holiday to all men and defenders Reaching new heights ⛰️🍾

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Microsoft unveils Majorana 1 quantum chip powered by topological superconductivity According to Odaily, Microsoft has unveiled Majorana 1, a groundbreaking quantum chip that operates on a unique state of matter known as topological superconductivity. The achievement, published in the scientific journal Nature, utilizes a special material called topoconductor to create and control Majorana particles, potentially extending the power of quantum computing to solve previously intractable problems. Topoconductors are semiconductors that can also function as superconductors, conducting electricity with minimal energy loss at extremely low temperatures. Manufacturing this material requires atomic-level precision and temperatures as low as minus 400 degrees Celsius. Despite the complexity and cost, Microsoft emphasizes the benefits of this effort

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Hong Kong explores gold tokenization for financial innovation According to Odaily, Hong Kong Financial Services and Treasury Secretary Christopher Hui announced at the Consensus conference that the region is considering tokenizing gold. The initiative aims to combine physical gold with blockchain technology, offering investors increased flexibility and enhanced security. The move is part of Hong Kong's efforts to innovate financial markets through tokenization.

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El Salvador's National Library will have a section dedicated to bitcoins According to Foresight News, under the leadership of El Salvador's president, the Bitcoin Office has announced that El Salvador's National Library will create a dedicated Bitcoin section. Visitors to the library will have access to an extensive collection of the best books about Bitcoin. They will also have the opportunity to see a fully working node and gain essential insights into its use in the Bitcoin network

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We've gone neutral, all in anticipation.⤴️⤵️ The cryptocurrency fear and greed index has reached a neutral state According to Foresight News, data from Alternative.me indicates that the Cryptocurrency Fear and Greed Index rose to 50 today. This marks an increase from yesterday's index value of 46, which was categorized as a "fear" state. The current level of the index suggests that the market is now in a "neutral" state.

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Avalon Labs plans to file with the SEC to create a bitcoin-backed debt fund According to Foresight News, Avalon Labs is actively exploring filing with the U.S. Securities and Exchange Commission (SEC) for the first bitcoin-backed debt fund. The initiative aims to increase the compliance and availability of bitcoin financial products. Avalon Labs believes that this move can lower the barriers to entry of bitcoin financial Avalon Labs co-founder Avalon Labs successfully issued a dollar-denominated debt fund in 2021, which received SEC approval. Since then, the company has been exploring the feasibility of crypto companies issuing listed funds. Avalon Labs plans to work with leading U.S. law firms to evaluate the fund's regulatory framework and prepare the necessary application materials. If successful, this fund could be a significant milestone for Bitcoin financial products entering traditional capital markets, further advancing the development of crypto-assets within a regulatory compliance framework.

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Scammers use fake Cloudflare pages and Telegram scams According to Foresight News, blockchain security company SlowMist reported that scammers are using fake Cloudflare verification pages to trick users into executing malicious code. In addition, a scam called "Safeguard" has appeared on Telegram, encouraging users to remain vigilant. SlowMist advises users to install reliable antivirus software such as AVG, Bitdefender or Kaspersky to strengthen security measures.

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It's very tasty. But it is desirable that it be prepared from high-quality raw materials👌 😋🤤

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Meta Platforms is planning layoffs across the company and focusing on hiring machine learning engineers According to PANews, an internal memo reveals that Meta Platforms, the owner of Facebook, is set to implement expected layoffs across the company next week while accelerating the hiring of machine learning engineers. The memo indicates that layoff notices in most countries, including the U.S., will begin at 5 a.m. local time on Monday. Employees in Germany, France, Italy and the Netherlands will not be affected due to local regulations. Meanwhile, employees in more than a dozen other countries in Europe, Asia and Africa will receive notices between Feb. 11 and Feb. 18.

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Tether expands investment amid massive adoption According to PANews, Tether CEO Paolo Ardoino announced at the Plan B Forum in El Salvador that the company has been recognized by major institutions and plans to accelerate its investment activities. Tether currently holds more than $94.5 billion in U.S. Treasuries and has reported unaudited earnings in excess of $13 billion in 2024, as well as $7 billion in excess reserves. Tether recently invested $775 million in right-wing social media platform Rumble, which has close ties to senior officials in the administration of U.S. President Donald Trump. In recent years, Tether has also ventured into non-cryptocurrency sectors such as agriculture, artificial intelligence and brain-computer interfaces, potentially as a strategy to hedge against future market changes. Analysts suggest that Tether is gradually expanding its influence and strengthening its position in the global financial system.

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Ethereum faces growing competition amid market dynamics Analysts attribute this trend to two main factors: competitive pressure from public networks such as Solana and second-tier networks offering lower fees and higher scalability, and Ethereum's lack of a strong position compared to Bitcoin's positioning as a savings vehicle.

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OpenAI extends deep research capabilities to all ChatGPT Pro users According to Odaily, OpenAI has announced that its Deep Research feature is now fully available to all ChatGPT Pro users. This expansion includes supported regions such as the United Kingdom, European Union, Norway, Iceland, Liechtenstein and Switzerland. Previously, the feature was gradually rolled out to select users, but this latest development ensures that Pro users around the world will be able to access the expanded functionality.

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Sol Strategies expands SOL Holdings with recent acquisition According to PANews, Canadian public company Sol Strategies announced the purchase of an additional 40,300 SOL tokens between January 19 and January 31, 2025. The total purchase price was approximately CAD 14,337,332 (USD 9,935,329), with an average price of CAD 355.77 (USD 246.53) per SOL, including commissions and expenses.

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Bitcoin's uniqueness emphasized amid rising token issuance According to BlockBeats, Three Arrows Capital founder Zhu Su expressed on social media on Feb. 2 that the uniqueness of bitcoin is becoming more apparent as thousands of tokens are issued daily.

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