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Nicandroblacc

@nicandroblacc

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Consequently, experts believe that RLB could reach a peak valuation of $1 billion during this bull cycle, which would mean a 5x growth from its current market cap of $186 million. However, smart money investors are already a step ahead. Crypto assets of the same category show a high degree of correlation. An RLB bull run would also be extremely bullish for similar, low-cap gems. Unsurprisingly, Mega Dice has emerged as a top choice for being the next Rollbit Coin, owing to its established community backing. Indeed, the casino already has over 50,000 players and sees north of $50 million in monthly wager volume. Thanks to its attractive 200% bonus for new players, regular giveaways and Telegram-based UI, Mega Dice is one of the quickest-growing global crypto casino brands that is set to be a key player in the $76 billion online gambling industry. As expected, this is a decidedly bullish scenario for its new native token DICE.
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Bitcoin is close to its all-time price high following a remarkable recovery that has seen it triple in value over the last 12 months. On Tuesday, the cryptocurrency came within a few hundred dollars of its previous record of $68,990, which it achieved in November 2021. This all-time high was succeeded by a massive price correction that was compounded by collapsing cryptocurrency exchanges and failed crypto tokens. After consolidating its losses following the crash, bitcoin began to climb steadily in price until late 2023. This is when rumours of an industry-defining event began to supercharge the rally. For years there had been speculation that the US Securities and Exchange Commission (SEC) was going to approve a bitcoin spot exchange-traded fund (ETF), a type of security that would open up the market to billions of dollars worth of institutional investors. These rumours turned out to be true, when the SEC approved a wave of ETFs, triggering the second leg of the current price run.
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Bitcoin miner MARA, recently rebranded from Marathon Digital, announced on Thursday it has purchased an additional $100 million worth of bitcoin. The acquisition brings MARA’s balance sheet holding to more than 20,000 BTC -2.71% ($1.3 billion) — nearly 0.1% of bitcoin’s total 21 million supply, according to a statement shared with The Block. The bitcoin miner did not provide specific details on when the purchases were made and at what average price, with the firm simply taking "strategic advantage of favorable market conditions to opportunistically purchase bitcoin in the market,” MARA CFO Salman Khan told The Block. However, based on the dollar amount and the company’s balance sheet holdings of 18,536 BTC as of the end of June, according to Bitcoin Treasuries, the latest acquisitions are likely to have totaled around 1,500 BTC, bought in the $54,000 to $68,000 range this month.
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Circle's director of EU strategy and policy and chief strategy officer said the coming year "will be transformative" for stablecoins as the European Union's market for crypto-asset (MiCA) regulations begin to take effect. Patrick Hansen and Dante Disparte argue that forward-thinking members of the crypto industry, who initially dismissed European legislators' work on digital asset market reform MiCA as "populism and regulatory theatre", have spent years preparing for the legislative change. MiCA represents, Circle representatives say, a unique opportunity to form its own European regulated crypto market. Even despite the restrictions prescribed in the law and excessive regulatory protectionism. Organizations that fail to overcome all obstacles in the shortest possible time will likely cease to operate or lose a significant share of the EU market.
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The launch of United States-based spot Ether exchange-traded funds (ETFs), which many expected to occur as early as July 2, has been delayed by the U.S. Securities and Exchange Commission (SEC). According to Bloomberg ETF analysts Eric Balchunas and James Seyffart, the SEC has taken additional time to return the S-1 forms submitted by prospective spot Ether ETH tickers down $3,386 ETF issuers, pushing the launch to mid-July or later. SEC comments delay process The SEC commented on the S-1 forms and requested resubmissions by July 8. According to Balchunas, this new timeline means the launch of the spot Ethereum ETFs could be postponed until mid-to-late July. ETF Store president Nate Geraci noted that the last round of S-1 revisions was relatively minor, predicting that the SEC would clear issuers for trading within 14–21 days. Although the exact timeline remains uncertain, the SEC has indicated a potential launch this summer.
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Integrating artificial intelligence into the workplace makes workers feel lonely and can reduce productivity. This is stated in the HBR study. “The isolation caused by artificial intelligence may push employees to invest more in human relationships, seeking the social nourishment they lack,” the report says. According to the authors, if these efforts are unsuccessful, workers turn to alcohol and suffer from insomnia. The study involved 580 employees who had worked at the company for more than three years and had been using AI for at least one and a half years. “In an effort to keep up with competitors and benefit from increased efficiency through AI adoption, many organizations have lost sight of their most important asset—the people whose work is divided into tasks that are increasingly automated,” the researchers write.
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The Kaspa token's price has risen nearly 50% this year, while bitcoin climbed 44%. The broader CoinDesk 20 index is up nearly 16% in the same time period. Marathon started mining Kaspa in September of last year after bringing the first mining computer online. The miner has bought 60 petahash worth of mining machines that can generate profit margins of up to 95%, according to the statement. Marathon has 30 petahash worth of mining rigs operational in its Texas sites; the rest will be online by the third quarter. The company has mined 93 million KAS, which is valued at about $15 million. Bitcoin miners have been looking to diversify their revenue after crypto winter, and recent halving has made the industry more competitive. Many miners have pivoted to using their current infrastructure to allow for artificial intelligence (AI) and other computing needs. Meanwhile, some miners, including Marathon, have opted to monetize other layers of bitcoin to earn extra revenue.
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