• Wealthcamp
  • Posts
  • Meme Coins, Market Dips, and AI Dominance - tides are shifting, but it's not just elections seeing a shake up!

Meme Coins, Market Dips, and AI Dominance - tides are shifting, but it's not just elections seeing a shake up!

Elections, meme coins, and BTC below $60k - oh my!

This week’s shake-up in the cryptocurrency market seems less like a bump in the road and more like the calm before the storm. But will 4th of July fireworks bring a celebratory bull run or a bearish slump?

In a world where meme coins mirror US election sentiments, should you buy-the-dip or is there cause for concern? What role will governments and stablecoins play in the growth of crypto? And will AI take over the world?

Let's find out together!

  • PolitiFi meme coins like NOOSUM and KAMA are experiencing sharp volatility amid speculation about Biden's 2024 nomination prospects. — Read More

  • Bitcoin slips toward $60K, while XRP bucks the trend due to a favorable legal update. — Read More

  • Worldcoin spikes 9% after hiring execs from Google and Apple, despite regulatory challenges. — Read More

  • Elevandi CEO Pat Patel promotes blockchain and fintech as key solutions for refugee financial inclusion, addressing global displacement challenges. — Read More

  • BitMEX rolls out MEMEMEXTUSDT Basket Index Perpetual Swap, targeting memecoin enthusiasts. — Read More

  • Crypto startups secured $3.2 billion in Q2 funding, up 28% from last quarter, showing improving VC sentiment. — Read More

'Buy the dip' buzz spikes as Bitcoin falls

'Buy the dip' mentions on social media surge as Bitcoin dips below $60K, doubling in just two days.

Big Tech's Carbon Emissions Exceed Bitcoin Mining Since 2019

Tech giants have emitted more CO2 since 2019 than Bitcoin mining has ever.

Bitcoin Dips Below $60K Amid $250M Liquidation Frenzy

Bitcoin price plunges below $60K, triggering $250M in liquidations and a broad crypto sell-off.

Stablecoin Liquidity Crucial for Bitcoin's Next Rally, Says Analyst

Stablecoin liquidity and monetary policy changes will drive Bitcoin's next big move, analyst Mac.D argues.

Consensys Acquires Wallet Guard for MetaMask Security Upgrade

Consensys acquires Wallet Guard to enhance MetaMask's security, offering new protections against scams and hacks.

Insurance Could Be the Backbone of DeFi Security

Insurance can drive growth and security in DeFi, serving as a regulatory substitute, according to Q Rasi.

Government Crypto Transfers Trigger Market Reactions

Recent Bitcoin and Ethereum transfers by German and U.S. authorities have led to a 6% drop in Bitcoin’s price.

Blast Network Accused of Being a Scam

Ethereum-based Blast Network faces pyramid scheme accusations amid rapid user growth.

Dogeverse Coin Bags First CEX Listing on MEXC

Dogeverse announces its first CEX listing on MEXC, with a price surge anticipated.

Terra (LUNA) Price Outlook: Will It Reach New Heights?

Terra (LUNA) faces an uncertain future after its drastic collapse and subsequent relaunch, with various forecasts predicting potential recovery by 2025 and beyond.

Polkadot's $37M Marketing Spend Faces Backlash

Polkadot's $37M marketing spend sparks community backlash, with ecosystem revenues plummeting 50%.

Honey Token Jumps 43% Amid Hivemapper Expansion

HONEY token surges 43%, driven by Hivemapper's growing decentralized mapping network.

Solana On-Chain Activity Soars Despite June Price Dip

SOL sees network growth and ETF buzz, but faces competition and internal challenges.

Pepe Unchained Gains Momentum Among Crypto Whales

Meme coins led by Pepe have dominated 2024, and now Pepe Unchained is catching the eyes of crypto whales.

Piggycell Joins ICP Olympus with New Investment

Piggycell secures investment from Internet Computer and joins ICP Olympus accelerator program.

Near Protocol Founder Downplays AI Apocalypse Fears

Illia Polosukhin claims AI systems won't destroy humanity unless programmed to do so.

DePIN: Decentralized Physical Infrastructure Networks Explained

Scott Foo details the rise of DePIN, a decentralized approach to managing physical infrastructure using blockchain technology.

Robinhood Acquires AI Firm Pluto to Enhance Retail Trading

Robinhood is integrating AI-driven insights from Pluto to better serve its 10 million users.

Sentient Raises $85M for Open AI Platform Co-Led by Founders Fund

Sentient secures $85 million in funding from Founders Fund and others to build an open AI platform.

Brazil Halts Meta's Use of Personal Data for AI Training

ANPD orders Meta to stop using Brazilian personal data for AI training, citing risks to users' rights.

Imperial College London Launches I3-Lab with £1 Million IOTA Funding

Imperial College London and the IOTA Foundation inaugurate I3-Lab with £1 million to advance DLT and bias-free AI.

Gala Games Partners with Animoca Amid GALA's 6.7% Drop

Gala Games and Animoca Brands collaborate to enhance GALA token despite a 6.7% price decline.

Telegram's Sloth-Powered Gemz Piques Interest

Gemz mimics Hamster Kombat with sloths running a crypto-mining firm, offering another tap-to-earn game on Telegram.

What Is Pixelverse? Telegram Game PixelTap and PIXFI Token Explained

Pixelverse launches PixelTap game on Telegram and plans PIXFI token on TON.

Mega Dice's $DICE Staking Launches Amid $1.5M Presale Success

Mega Dice raises over $1.5M and launches staking for $DICE, positioning itself as a major GameFi contender.

Hong Kong Adapts Crypto Regulations Amid Market Shifts

Hong Kong's evolving crypto laws respond to market changes and concerns about innovation and investor protection.

2025 Set for Crypto Stablecoin Regulation

Stablecoin regulation in the U.S. is expected by 2025 amid shifting political conditions.

NZ Tax Authority Targets Non-Compliant Crypto Traders

New Zealand's tax authority is targeting crypto traders failing to report their income, having identified 227,000 users with NZD 7.8 billion in transactions.

KuCoin Implements 7.5% VAT on Nigerian Trades

KuCoin will enforce a 7.5% VAT on transaction fees for Nigerian users starting July 8, 2024.