TL;DR

• Ark Invest predicts that U.S. spot Bitcoin ETF investors could be in the red by the end of August.

• Binance has discovered malware that changes withdrawal addresses during transactions and urges caution when using plug-ins and apps.

• According to Polymarket, Harris now has a greater chance of winning the U.S. presidential election than Trump.

• ZachXBT has reported that four stablecoin issuers have blocked two addresses, including those tied to the Lazarus Group.

• Fractal Bitcoin announced the release of the ordinal implementation for its network.

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Alpha of the Day

Ark Invest's Not-So-Great Expectations

Ark Invest is playing the role of the party pooper at the Bitcoin ETF bash, predicting that U.S. spot Bitcoin ETF investors might be in the red by the end of August. It's like telling someone at a concert that the headliner is probably going to lip-sync—it's a buzzkill. They’ve hinted that market dynamics and timing might not be on investors' side, suggesting a less-than-stellar performance for these ETFs. So, if you were hoping for a Bitcoin ETF to moon before the summer ends, Ark is here to splash a bit of cold water on those dreams.

Binance's Malware Warning

Binance has just given us all a reason to double-check our withdrawal addresses. They’ve discovered malware that sneakily alters withdrawal addresses during transactions. It’s like the internet version of the ol' switcheroo—what you see isn’t what you get. Binance is advising users to be extra careful with plug-ins and apps because, apparently, the digital world has its fair share of pickpockets. So, if you’re moving your precious crypto, double, no, triple-check those addresses before you hit send!

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Polymarket's Election Forecast

According to Polymarket, Harris has now edged out Trump in terms of winning the U.S. presidential election. The market's predictions are like your politically savvy friend who always seems to know what's going on before the rest of us. While it's still early days, this shift in probability is making the political scene look like a high-stakes poker game. Whether you’re Team Harris or Team Trump, it’s clear the race is heating up, and Polymarket is here for every twist and turn.

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ZachXBT and the Lazarus Group Block

ZachXBT has spilled the tea that four stablecoin issuers have blocked two addresses, one of which belongs to the notorious Lazarus Group. It's like the digital version of getting blacklisted from a club, but way less fun and a lot more serious. This move shows that the crypto community isn’t playing around when it comes to shady activities. While blocking addresses might not be the ultimate solution, it's a step towards keeping the crypto streets a bit cleaner.

Fractal Bitcoin's New Release

Fractal Bitcoin just dropped the ordinal implementation for its network, and it's the kind of tech update that makes crypto geeks do a little happy dance. This release adds a new layer to their ecosystem, possibly enhancing network efficiency and user experience. In a world where updates and implementations often sound like they’re written in alien code, this one’s a solid addition to the ever-evolving crypto universe. Fractal Bitcoin is keeping things fresh, and we’re here for it.

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