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India scraps its ‘Google Tax’ following OECD settlement

India’s government has confirmed it will scrap the ‘Google Tax’, a charge imposed on foreign companies providing digital services. First… Continue reading India scraps its ‘Google Tax’ following OECD settlement
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India’s government has confirmed it will scrap the ‘Google Tax’, a charge imposed on foreign companies providing digital services.

First introduced in 2016, India imposed a six percent tariff on non-resident firms that were offering services to local companies or those with permanent foundations in the country. It was later extended to include a two percent fee applied to e-commerce companies providing goods and services to Indian citizens and residents.

Finance Minister Nirmala Sitharaman announced the existing two percent levy would be axed as part of the budget speech for the 2024-25 period, with the change to take effect as of August 1, this year. Sitharaman previously described the tax as a “sovereign right”, taking back from foreign companies profiting from their enterprises.

There was diplomacy behind the change of tack after the US reached a consensus with India back in November 2021 to replace the levy with an international taxation regime following the Organisation for Economic Co-operation and Development (OECD) agreement.

What is the OECD minimum tax agreement?

As part of the OECD terms, multinational companies would face a minimum tax in the jurisdictions they provide their services, even if they don’t have a permanent establishment in a particular location. Before the agreement, the US – home to other big tech giants such as Amazon and Microsoft – had campaigned against what it saw as a discriminatory tax and a burden to American trade. In response, Washington applied a whopping 25% tariff on goods imported from India but later suspended the threat.

Other plans as part of India’s new budget include initiatives to advance tech in small business, digital support for the agriculture sector, more government digitalization, more data gathering to inform government policy, and further investment in capacity for the production of critical minerals for electronics manufacturing.

 

Image credit: Pexels

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Marvel Rivals Competitive mode: How to access, ranks, rewards, and more

Marvel Rivals hopes to emulate the likes of Overwatch 2 and other hero-based games with a strong Competitive mode that… Continue reading Marvel Rivals Competitive mode: How to access, ranks, rewards, and more
The post Marvel Rivals Competitive mode: How to access, ranks, rewards, and more appeared first on ReadWrite.

Marvel Rivals hopes to emulate the likes of Overwatch 2 and other hero-based games with a strong Competitive mode that keeps bringing back those looking for some intense battles.

Since not all Competitive modes are made the same though, you’ll likely want to get a breakdown of how NetEase has implemented this one so you know what’s in store before queuing up.

Here, we’ll take you through a bunch of Marvel Rivals Competitive info including how to unlock it, what all of the ranks are, potential rewards, and more.

How to unlock Marvel Rivals Competitive

To unlock Competitive in Marvel Rivals you must achieve Level 5. This is a pretty simple task as you’ll just have to play the game enough to gain enough XP to make it there.

Get into those Quick Play matches, do your best, and you’ll advance to that all-important Level 5 within a few hours.

Marvel Rivals Competitive ranks explained

Currently, there are eight ranks you can progress through which is a nice challenge and one that’ll keep you engaged for some time.

These ranks are Bronze, Silver, Gold, Platinum, Diamond, Grandmaster, Eternity, and One Above All.

Bronze, Silver, Gold, Platinum, Diamond, and Grandmaster each have three divisions within but when you reach Eternity and One Above All, this is a flat rank where you only need to focus on Rank Points.

You’ll need to gain a total of 100 Rank Points to make it to the next rank and the Chrono Shield demotion protection mechanic gives you an extra chance if you hit rock bottom of the rank you’re in.

Does Marvel Rivals Competitive have placements?

At this current time, since the game is only in Beta form, there are no placements.

Instead, when you unlock Competitive at Level 5, you will automatically be put into Bronze 1 with everyone else, no special treatment for being top frag every game up to this point.

While this might be frustrating for those who believe they should be in a higher rank, it is only the Beta, and we’re sure placements will be created once the official game launches.

What are the Marvel Rivals Competitive rewards?

When you hit Gold in the Marvel Rivals Closed Beta Test, you will earn yourself a reward for doing so.

However, what the reward is has not been revealed yet. It will be announced by NetEase in due course though so keep an eye out on their socials.

As for any further rewards, we expect those who reach One Above All will earn some goodies but unfortunately there is no real confirmation on that.

When the full game launches, there will be rewards aplenty for various ranks but with the best saved for those high skilled players.

Other Marvel Rivals articles you may like

Marvel Rivals voice actors
How to get Marvel Rivals Closed Beta Test key
Marvel Rivals system requirements
Marvel Rivals hero list

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The highly anticipated, fan-made Fallout: London is here but you’ll need a specific version to play it

Ever since the Amazon Prime Fallout show began to air, gamers new and old have flocked back to the core… Continue reading The highly anticipated, fan-made Fallout: London is here but you’ll need a specific version to play it
The post The highly anticipated, fan-made Fallout: London is here but you’ll need a specific version to play it appeared first on ReadWrite.

Ever since the Amazon Prime Fallout show began to air, gamers new and old have flocked back to the core of the series for more of that gory wasteland action we know and love.

However, if you’re someone who has been still playing the likes of Fallout 4, the modding community has been holding firm, creating some really impressive additions to the base game experience.

Fallout: London is probably at the top of the list when it comes to both depth and hype for release, and today marks the official launch.

If you’re unsure as to what Fallout: London actually is, basically it’s a huge, DLC-sized mod for Fallout 4 that takes you away from the US for the first time.

Not only has London been recreated with all the post-apocalyptic destruction, there’s a whole new storyline featuring brand new NPCs and factions voiced by some impressive talent.

The Team FOLON even managed to recruit former Speaker of the House John Bercrow to voice an AI robot, so you know that this thing is the real deal.

While you can simply go over to GOG.com and get it downloaded, you do have to be aware of some pre–requisites.

You will need to have Fallout 4: Game of the Year Edition installed but the mod does not work with the next-gen update that Bethesda pushed in April, so you’ll in fact have to downgrade your game to the pre-patched version (1.10.163.0).

Because of this, if you’re wanting to play via Epic, you’re going to have a hard time since downgrading simply isn’t possible on the platform.

If you do manage to get it installed though, you’re in for a real treat and something that’ll hopefully tide you over until some form of information comes out on Fallout 5.

Apart from that, you’ll have to make do with the new content added in Fallout 76 which has seen a huge resurgence, thanks again to the aforementioned show.

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The 99Bitcoins ICO Ends on August 6th – Top Crypto to Watch in 2024?

New high-potential crypto 99Bitcoins (99BTC) has announced its presale closing date on August 6th at 2PM UTC, signaling to investors… Continue reading The 99Bitcoins ICO Ends on August 6th – Top Crypto to Watch in 2024?
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New high-potential crypto 99Bitcoins (99BTC) has announced its presale closing date on August 6th at 2PM UTC, signaling to investors seeking potential high returns.

This trending crypto continues to perform well in its presale, having raised over $2.5 million from early buyers and now entering its penultimate stage.

The strong early interest has attracted attention from top traders and crypto influencers, many of whom are promoting it as one of the best presales to invest in.

99Bitcoins: Earn crypto while learning and staking with 99BTC Token

99Bitcoins has been a leading crypto education platform for over a decade, offering a wide range of courses, guides, and tutorials. Founded in 2013, even before the launch of Ethereum, the platform has attracted nearly 3 million subscribers through its website and YouTube channel.

Recently, 99Bitcoins launched its own token, establishing a learn-to-earn ecosystem. With 17% of the token supply set aside for community rewards, $99BTC provides numerous benefits to both token holders and community members.

Users can earn free $99BTC tokens by completing educational courses and quizzes on the platform. This initiative enhances the platform’s long-standing goal of helping users maximize the benefits of a bull market.

It’s like getting paid to increase your crypto knowledge. Token holders gain access to exclusive learning materials, VIP groups, and advanced trading strategies, which could be crucial in the upcoming bull market.

Following the latest trends, 99Bitcoins has also launched a staking pool with a reward rate of over 680%. According to the project’s whitepaper, 14% of the total token supply is allocated for staking rewards.

There are two main ways to earn with 99Bitcoins Token: participate in the Learn-to-Earn model or stake your $99BTC tokens. This approach offers unique opportunities not commonly seen in the crypto market.

99BTC presale ends soon – Invest now before it sells out

The 99Bitcoins Token presale has been very successful, raising $2.5 million so far. The penultimate stage has just started, and it’s nearing the end. Investors can still buy tokens at $0.00115 each, but they need to act fast since only one more price increase is coming before the presale ends.

The next price increase will happen on Tuesday, July 30th. Investors can buy tokens using ETH, BNB, USDT, or credit/debit cards, and there’s no minimum investment required. The presale will end on August 6th, and tokens can be claimed starting August 8th at 11 am UTC, along with the first DEX listing.

🔥 Our #Presale is nearly over! 🔥

Secure your $99BTC tokens now before the final price increase! 👀

The presale ends on the 6th of August at 2 PM UTC. Don’t miss out! 🗓️ #99Bitcoins #BTC #Crypto pic.twitter.com/ggU70617jT

— 99Bitcoins (@99BitcoinsHQ) July 23, 2024

According to the 99Bitcoins Token whitepaper, 8% of the total supply is reserved for DEX liquidity, and 23% is allocated for marketing. Given the strong momentum of the presale, the upcoming $99BTC listing could be a significant event.

People are buzzing on 99BTC X account and Telegram about the token’s upcoming open market debut. Follow them on both platforms to stay updated. You can explore the potential future of 99Bitcoins through our 99Bitcoins price prediction.

99Bitcoins massive airdrop and BRC-20 bridging plan

This new crypto ICO is doing everything possible to attract retail investors. The 99Bitcoins airdrop campaign is offering $99,999 in Bitcoin to 99 lucky winners, which means each winner will receive over $1,000.

This BTC airdrop helps avoid selling pressure on the $99BTC token while giving winners a chance to benefit from Bitcoin’s price growth. Presale buyers can register for the airdrop on the 99Bitcoins website by following a few simple steps. However, participants have less than 12 days to sign up, as the airdrop ends on August 6th.

The project’s roadmap is ambitious, with plans for more DEX and CEX launches and a BRC-20 bridge in development.

This bridge will allow the $99BTC ERC-20 token to connect to the BRC-20 token on the Bitcoin blockchain using the Ordinals protocol, offering unique advantages due to the Bitcoin network’s distinct features and the innovative nature of BRC-20 tokens.

By the end of the year, the team aims to fully launch the platform, potentially revolutionizing crypto education. For those concerned about the project’s legitimacy, 99Bitcoins Token has been audited by SolidProof, providing assurance to early investors.

To participate in the $99BTC token presale, visit 99Bitcoins.com.

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The Newest Learn-to-Earn Crypto to Watch in the Next Altcoin Season

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Elite English soccer authorities agree code of conduct on gambling sponsorship

The top soccer leagues in England have reached a collective, voluntary agreement on gambling sponsorship.  A code of conduct has… Continue reading Elite English soccer authorities agree code of conduct on gambling sponsorship
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The top soccer leagues in England have reached a collective, voluntary agreement on gambling sponsorship. 

A code of conduct has been agreed between the Premier League, Football Association (national governing body), English Football League (tiers 2-4) and Women’s Super League. 

The understanding was made public just hours after elite clubs were accused of “desperation” to lure cash, with 11 out of 20 Premier League clubs set to display gambling company logos as their front-of-shirt sponsor in the upcoming 2024/25 season. AFC Bournemouth is the latest club to endorse a betting firm on their jerseys after they revealed a “record-breaking” agreement with Asian betting outlet, bj88.

Aston Villa, Brentford, Crystal Palace, Everton, Fulham, Leicester, Nottingham Forest, Southampton, West Ham, and Wolves are the other top-flight clubs set to display a betting company logo on the front of their shirts in the stadiums and to broadcast audiences of millions around the world.

This remains a contentious issue in the UK, even after Premier League clubs agreed to phase out gambling shirt sponsorship by the end of next season, 2025/26. 

As part of the new code, the leagues have committed to four key principles underpinning the new framework: protection, social responsibility, reinvestment, and integrity. The bodies say they want to reduce the prospects of harm and children’s exposure to gambling activity, with a focus on responsibility.

Charity criticism of soccer’s relationship with gambling sponsorship

Looking ahead to the proposed end of gambling firms as primary shirt sponsors, the code states clubs should only enter into partnerships with companies which the Gambling Commission licenses. It also requests that family sections inside stadiums should not be adorned with gambling advertising or promotions

The Big Step, a charity which campaigns against overall gambling advertising in soccer said the clubs merely “sign these desperate deals for a few extra quid”.

In what is a tangled web, the Football League has SkyBet as the principal sponsor of its three leagues, – Championship, League One, League Two – a longstanding relationship that dates back to the 2013/14 campaign. However, the Football League insists the  partnership is “built around safer gambling, including a memorandum of understanding that sets out how to deliver joint objectives in a socially responsible way”.

 

Image credit: Everton FC/X

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Pepe Technical Analysis and Prediction – Could PEPE Reach Another All-Time High in the Coming Months?

While some meme coins are recovering, Pepe (PEPE) stands out as a leading ETH-based altcoin, with a recent impressive price… Continue reading Pepe Technical Analysis and Prediction – Could PEPE Reach Another All-Time High in the Coming Months?
The post Pepe Technical Analysis and Prediction – Could PEPE Reach Another All-Time High in the Coming Months? appeared first on ReadWrite.

While some meme coins are recovering, Pepe (PEPE) stands out as a leading ETH-based altcoin, with a recent impressive price surge. Could this indicate another all-time high (ATH)?

Today, we will delve into the recent price movements and technical analysis of Pepe (PEPE), examining key indicators and market trends.

Additionally, we’ll introduce an exciting new alternative project within the Pepe ecosystem—Pepe Unchained—that boasts the potential to achieve a 100x return, highlighting its unique features and growth prospects.

PEPE’s technical analysis and prediction

Pepe has shown remarkable resilience and growth, highlighted by a macro bull flag pattern we’ve been tracking. This pattern suggests the bullish trend will likely continue.

We’ve achieved our first and second take profit targets, and we’ve moved our stop loss to the entry point, making the trade risk-free. Our current goal is to reach a profit margin of about 19.1%, slightly below the initial 22% target.

Pepe’s consolidation phase is a positive sign, indicating potential stability and readiness for another upward movement. With a market cap of around $5 billion, Pepe has declined by 2% over the past day.

Despite this, the asset has shown significant growth over the last 7 to 14 days, positioning it well for further gains. The technical outlook suggests an inverted Bart Simpson pattern, which usually precedes an upward continuation.

For those considering this trade, it might be wise to wait for a slight dip, potentially bouncing off a key support level with high trading volume. Overall, the sentiment for Pepe remains bullish in the short to mid-term.

If you’re interested in top altcoins that could offer high rewards and rally during the next bull run, check out our guide here.

Pepe Unchained: A new layer 2 blockchain for meme coins

The meme coin market has a new player, Pepe Unchained (PEPU), which has impressed smart investors with its strong presale performance. In just a few weeks, $PEPU has raised over $5 million in its ongoing ICO, attracting significant interest in the booming demand for new meme coins.

Experts believe $PEPU might be one of the next 100x meme coins. Currently priced at $0.0086649 each during its stage-based presale, the price will rise over time. Investors can buy $PEPU with ETH, USDT, BNB, or a credit/debit card.

Pepe Unchained raises $5M in in just weeks!

Thanks to your amazing support, Pepe’s blockchain journey is just beginning 🐸🧠 pic.twitter.com/fnPbr0s1Pw

— Pepe Unchained (@pepe_unchained) July 23, 2024

Pepe Unchained is developing its own layer-2 network to address some of the issues that Ethereum-based meme coins face, such as high trading fees due to blockchain congestion. This is particularly problematic for newer ERC-20 tokens not yet listed on centralized exchanges.

As a result, many of these meme coins receive little retail investment and often turn into pump-and-dump schemes. However, with Pepe Unchained’s Layer-2 blockchain, $PEPU holders can benefit from lower trading costs, faster transactions, and high staking rewards.

$PEPU is already experiencing strong retail participation, as evidenced by its presale. The project may also include more advanced features, like a decentralized exchange (DEX) specifically for meme coins.

Pepe Unchained offers a double-staking feature, allowing investors to compound their returns. Currently, these rewards are estimated at 360% per year. Since the double-staking feature launched, over 444 million $PEPU tokens have been staked.

However, the annual yield will decrease as more tokens are staked. Like the presale price, those who invest early will have the opportunity to earn the most rewards. The high staking rewards also help reduce the selling pressure on the coin.

To ensure security, the $PEPU smart contract has been audited by SolidProof and Coinsult. The project has capitalized on the Pepe brand’s recognition, attracting a wide audience familiar with major names like Bitcoin.com, CoinMarketCap (CMC), Techopedia, and Binance.

It has also gained viral attention on social media, with notable growth on X (formerly Twitter) and Telegram. To take part in the $PEPU token presale, visit pepeunchained.com.

Related

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NASA can now stream 4K Video to space using lasers

NASA has successfully streamed the first-ever 4K video to deep space and back using laser technology. Wednesday’s (July, 24) achievement… Continue reading NASA can now stream 4K Video to space using lasers
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NASA has successfully streamed the first-ever 4K video to deep space and back using laser technology.

Wednesday’s (July, 24) achievement marks a significant advancement in space data transmission capabilities. NASA hopes this breakthrough could pave the way for astronauts to stream high-definition live video during future Moon landings as part of the US space agency’s Artemis program.

For decades, radio waves have been the main method for sending data into orbit and beyond. However, laser communications offer a substantial improvement, capable of transmitting 10 to 100 times more data than conventional radio wave technology.

The demonstration involved a complex series of transmissions. A portable laser terminal mounted on the underside of a Pilatus PC-12 aircraft flying over Lake Erie sent data to an optical ground station in Cleveland.

From there, the information was relayed to NASA’s White Sands Test Facility in Las Cruces, New Mexico via an Earth-based network.

The data then traveled 22,000 miles into space using infrared light signals.

This achievement comes from collaborative efforts between NASA’s Glenn Research Center, the NASA Small Business Innovation Research Program, and the Air Force Research Lab.

“These experiments are a tremendous accomplishment,” said Dr. Daniel Raible, principal investigator for the HDTN project at Glenn.

“We can now build upon the success of streaming 4K HD videos to and from the space station to provide future capabilities, like HD videoconferencing, for our Artemis astronauts, which will be important for crew health and activity coordination.”

This milestone represents a significant step forward in space communications technology, promising to enhance data transmission capabilities for future deep space exploration and lunar missions.

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New interactive Super Mario World LEGO set leaked ahead of official reveal

The collaboration between Nintendo and LEGO has been growing at an exponential rate ever since we got our first look… Continue reading New interactive Super Mario World LEGO set leaked ahead of official reveal
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The collaboration between Nintendo and LEGO has been growing at an exponential rate ever since we got our first look at Mario in brick form way back in 2020.

In 2024, there’s not only been a plethora of Mario-focused sets, The Legend of Zelda has seen some love, as well as Animal Crossing.

It now appears that we’re going full circle back to Mario but this time, the kids are taking a back seat with the Super Mario World LEGO adult set.

This new set has been leaked by Singaporean LEGO Certified Store The Brick Shop which listed the product on their website early before taking it down not long after.

This 1,215-piece affair aims to take you back to the SNES days with a recreation of Mario and Yoshi from Super Mario Land World, featuring a fully working crank, allowing for an interactive element.

Using the crank essentially makes the fully built sprite appear to be walking, and even opens Yoshi’s mouth for that trademark tongue to pop out.

As for the price, it’ll reportedly cost $209.00 Singaporean dollars, roughly coming out at $155 USD, so if you want some nostalgia in LEGO form, it is on the pricey end.

However, this shouldn’t shock you too much since most of the other Nintendo collaborations of this caliber are around a similar price point, or even more expensive.

Regardless of the price though, one thing is for sure, it’s going to sell out almost instantaneously.

According to that now-deleted listing the release date for the set is October 1, 2024 but we’ll wait for the official reveal before putting all our eggs in that basket just in case.

We expect the official announcement for the Super Mario World LEGO set to be imminent since it’s technically a trusted retailer that accidentally posted the listing early, but we’ll aim to inform you if things get more convoluted.

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PlayStation 5 operating system beta launches with a focus on more immersive audio

Sony will launch a new beta program for the PlayStation 5, introducing more features aimed at improving players’ experience, starting… Continue reading PlayStation 5 operating system beta launches with a focus on more immersive audio
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Sony will launch a new beta program for the PlayStation 5, introducing more features aimed at improving players’ experience, starting this Thursday (July 25). The update will bring personalized 3D audio profiles for headphones and earbuds, and introduce selective access control for Remote Play.

Selected beta participants will receive an email invitation to download the update. However, Sony cautions that some features tested during the beta phase might not be included in the final release or could undergo significant modifications.

What features are in the new PS5 beta program?

3D audio

A major rollout of this beta is the personalized 3D audio capability for the PS5. “With a set of headphones or earbuds like the Pulse Elite wireless headset or Pulse Explore wireless earbuds, you can run through a set of sound quality tests to analyze a vast number of factors to create an audio profile that best fits your hearing characteristics,” explained Sony in a blog post.

The company hopes that it can enhance gameplay immersion through the use of personalized profiles, by improving how players perceive the position of characters and objects within the game environment.

Users can create their 3D audio profiles by navigating to Settings > Sound > 3D Audio (Headphones) on their PS5 consoles. These profiles are then saved per user on the console for a more customized experience while giving the option to revert to standard 3D audio presets.

Adaptive charging

Adaptive charging mode is being tested to save energy. Credit: Sony

The beta also includes a new adaptive charging feature for controllers, exclusive to the latest, slimmer PS5 model. This feature adjusts the power supply to the controllers based on the battery level, conserving energy and extending the life of the device.

To use adaptive charging, go to Settings > System > Power Saving > Features Available in Rest Mode, and then select Supply Power to USB Ports > Adaptive.

Remote play

Remote Play will allow users to access to others’ profiles. Credit: Sony

Remote Play access is another area of focus in this beta. Console owners can now decide if friends or family members can use their console for Remote Play or if they need their own system, a feature likely to appeal to households with multiple gamers.

To adjust these settings, go to Settings > System > Remote Play > Enable Remote Play, and choose which user you want to enable access to your PS5 console through Remote Play.

Participants in the beta include users from the US, UK, Canada, Japan, Germany, and France, with plans to extend the update globally in the coming months.

Featured image: Sony

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Kamala Harris considers Bitcoin conference: blue crypto shift?

Recent developments suggest a possible realignment in political attitudes towards cryptocurrencies, with both Vice President Kamala Harris and former President… Continue reading Kamala Harris considers Bitcoin conference: blue crypto shift?
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Recent developments suggest a possible realignment in political attitudes towards cryptocurrencies, with both Vice President Kamala Harris and former President Donald Trump at the center of speculation.

Bitcoin Magazine CEO David Bailey revealed on social media platform X that discussions were underway with Vice President Kamala Harris’ campaign regarding her potential speaking engagement at the upcoming Bitcoin Conference. Bailey suggested this could mark a significant shift in the Democratic party’s stance on cryptocurrency, potentially appealing to a rapidly growing voter demographic:

We’re in talks with Kamala Harris campaign for her to speak at the conference. Would be very savvy of her to reset the democrat positioning on the fastest growing voter block in the country. They’re making up their minds today.

The Vice President’s team was expected to make a decision on the matter promptly. This potential move aligns with observations from billionaire Mark Cuban, who told Politico that Harris would likely be more receptive to business, artificial intelligence, and cryptocurrency compared to President Biden.

Politico also reported that Harris’ team has been reaching out to cryptocurrency executives for policy input ahead of the Democratic National Convention. This outreach has led some tech industry leaders to speculate about Harris potentially adopting a pro-innovation stance that could garner significant support from Silicon Valley.

Box CEO Aaron Levie suggested that a credible pro-tech policy framework could quickly secure Harris the backing of numerous tech industry leaders. This approach could potentially differentiate Harris from the current administration’s more cautious stance on cryptocurrencies and blockchain technology:

Kamala literally comes from this area. Her backers have been in tech. […] To me, it’s almost like a math question — what other candidate would have more alignment that is on the national stage? And I don’t think there’s obviously a better answer to that.

Trump and Bitcoin as Strategic Reserve?

On the Republican side, following a reported failed assassination attempt and subsequent crypto rally, former President Donald Trump’s odds for the 2024 Presidential Election have reportedly increased — with Polymarket placing them at 63%. Simultaneously, rumors are circulating about a potential announcement from Trump regarding Bitcoin.

Dennis Porter, co-founder of the Satoshi Act, a non-profit organization, claimed that inside sources suggest Trump may declare Bitcoin as a strategic asset at the upcoming Bitcoin 2024 Conference in Nashville. Porter argued for the benefits of such a move, describing Bitcoin as a “borderless, censorship-resistant, decentralized, counter-party free, perfectly finite, digital gold with an immutable ledger.”

The U.S. government currently holds approximately $5.5 billion worth of Bitcoin, seized through law enforcement operations. Porter proposes converting this into a strategic reserve to back the dollar.

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