TL;DR

• Venezuela's state-owned telecom and internet service providers have blocked user access to platforms like Binance and Signal.

• Fractal Bitcoin will open source its code on August 13 and reset its test network.

• Bitcoin mining difficulty is expected to drop on August 14.

• A Fox Business reporter suggests that Trump Jr. is likely to launch a tokenized real estate project.

• Data indicates that APT, SAND, ARB, STRK, and other tokens are scheduled to be unlocked next week, with APT unlocking approximately $65 million.

• Bitcoin reserves on exchanges have reached a five-year low, with $5.96 billion withdrawn over the past 30 days.

• NEAR Foundation announced that Chain Abstraction has been launched on the NEAR mainnet.

• U.S. media reports that young voters prefer Harris over Trump for handling economic issues, with Harris receiving higher support.

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Alpha of the Day

Venezuela's Digital Blackout: Goodbye Binance, Hello Dark Ages

Venezuela’s state-owned telecom and internet service providers are throwing a digital tantrum, blocking user access to platforms like Binance and Signal. It’s like they’ve decided to shut down the coolest parties in town and leave everyone stranded with nothing but dial-up speed memories. Imagine trying to send a text or trade some crypto, only to be met with the digital equivalent of a “Do Not Enter” sign. This move is bound to frustrate users who rely on these platforms for everything from communication to managing their finances. In a world where connectivity is king, Venezuela just hit the snooze button on the internet alarm clock.

Fractal Bitcoin: Open Source and Ready to Rock

Fractal Bitcoin is about to drop the mic on August 13 by open-sourcing its code and hitting the reset button on its test network. It’s like the band just announced a free concert and then decided to hand out the sheet music too. By opening up its code, Fractal Bitcoin is inviting everyone to jam along, offering transparency and collaboration to the crypto community. The test network reset is the encore, giving users a fresh start to experiment and innovate. So, if you’ve ever wanted to be part of a crypto band, now’s your chance to grab a guitar—er, keyboard—and join the fun.

Bitcoin Mining Difficulty: The Easy Button Gets Pushed

On August 14, Bitcoin mining difficulty is expected to take a little dip, making life a bit easier for those out there trying to crack those digital puzzles. Think of it as someone just lowered the bar on the world’s most complex limbo contest. For miners, this means they might be able to squeeze out a few more bitcoins without breaking too much of a sweat. But don’t get too comfy—this little reprieve could be short-lived as the crypto world is notorious for throwing curveballs. For now, though, it’s a small win in the endless game of digital cat and mouse.

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Trump Jr.’s Tokenized Real Estate: Monopoly, But Make It Crypto

According to a Fox Business reporter, Trump Jr. might be gearing up to launch a tokenized real estate project. It’s like Monopoly just got a crypto upgrade, and Trump Jr. is ready to be the game’s banker. Imagine buying property with tokens instead of cash and watching the value skyrocket—at least in theory. This move could combine the thrill of real estate with the wild ride of cryptocurrency, offering a new way for investors to get their hands on some prime digital property. Whether this project takes off or flops, one thing’s for sure: it’s going to be a spectacle.

Crypto Token Unlocks: The Calm Before the Storm

Next week is going to be a wild ride for crypto holders as tokens like APT, SAND, ARB, and STRK are set to be unlocked, with APT alone unlocking a cool $65 million. It’s like a piñata filled with digital candy is about to burst, and everyone’s lining up to grab their share. But beware—unlocks like these can shake up the market, sending prices on a rollercoaster ride. Will this be a sugar rush or a crash? Either way, it’s going to be a week to watch for those with a sweet tooth for crypto.

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Bitcoin Reserves Plunge: HODLers in Full Force

Bitcoin reserves on exchanges have hit a five-year low, with a whopping $5.96 billion withdrawn in just the last 30 days. It’s like everyone suddenly decided to grab their chips and leave the poker table, opting to stash their winnings in a safe place. This could signal that more people are holding onto their Bitcoin, waiting for the next big surge, or maybe just hiding it under the digital mattress. Either way, with fewer bitcoins available on exchanges, the supply squeeze could lead to some interesting price moves in the near future.

NEAR Foundation’s Chain Abstraction: The Future is Here

The NEAR Foundation has just launched Chain Abstraction on its mainnet, and it’s like the future of blockchain just knocked on your door and asked if it could crash on your couch. This feature aims to make blockchain more user-friendly and accessible, like putting training wheels on a high-tech bike. With Chain Abstraction, interacting with the NEAR network just got a whole lot smoother, whether you’re a seasoned crypto pro or a newbie still figuring out how to ride. The future of blockchain just got a little bit closer, and it’s looking pretty slick.

Young Voters Favor Harris: The Millennials Have Spoken

According to U.S. media, young voters are throwing their support behind Harris when it comes to tackling economic issues, leaving Trump in the dust. It’s like a generational battle, and the millennials have picked their champion. Harris seems to be striking a chord with the younger crowd, who are more concerned about student loans and job prospects than nostalgia for a certain someone’s past reality TV career. With this kind of support, Harris could be the one to carry the torch for the next generation, at least when it comes to the economy.

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