Meta Will Use Public Data From Adults In The Uk For Artificial Intelligence Training

Meta will start using publicly shared content from adult users in the UK on Facebook and Instagram to train its artificial intelligence models. The company will assess publicly available information, such as posts, comments, photos, and descriptions, from users on both platforms.

Meta emphasized that its AI is designed to reflect diverse global communities and plans to expand its AI initiatives to more countries and languages later this year. The company clarified that it does not use data from accounts of individuals under 18 in the UK.

In July, Meta halted AI assistant deployments in the EU following an order from the Irish Data Protection Commission (DPC) due to data privacy concerns. Meta claims it uses Facebook and Instagram user data with their consent and offers an option to opt out.

UK-based adults on Facebook and Instagram will receive in-app notifications detailing Meta's data usage practices and offering an option to object to the use of their data for AI training. Meta stated that it will accept all existing and new objection forms.

The DPC, responsible for enforcing the General Data Protection Regulation (GDPR), is intensifying its oversight. On September 12, it launched a cross-border investigation into Google Ireland Limited to determine if it complies with EU data protection laws in developing its AI models.

The investigation will focus on the use of EU citizens' personal data in training Google’s advanced language model, Pathways Language Model 2 (PaLM2), introduced on May 10, 2023.

The DPC also investigated the social media platform X and concluded the investigation after X agreed to meet the necessary compliance standards. On September 4, X agreed to stop using personal data of EU and European Economic Area (EEA) users to train its AI chatbot, Grok.

🇺🇸 Republican Rep. John Rose is proposing a bill to establish a joint advisory committee between the SEC and CFTC on digital assets.

It would consist of 20 representatives from the crypto industry and would aim to allow the sector to provide advice to both agencies on their respective rules, regulations and policies 👀

Crypto markets have suffered noticeable pullbacks following September 10’s highly anticipated presidential debate.

In the wake of self-proclaimed ‘Crypto President’ Donald Trump’s performance, scales have tipped in favor of Kamala Harris, with prediction markets illustrating renewed support for the Democrats.

Crypto Markets Tumble as Republican Confidence Wanes
The presidential debate had a resounding effect on the digital asset market. Following the event, $SOL price has dropped 5.1%, sliding from September 10’s high of $137 .9 to currently trade hands at $130 .84.

Beyond asset prices, CoinMarketCap’s Crypto Fear & Greed Index also dropped from a neutral 46.72 to a fearful ranking of 31.6.

The crypto market’s slide is expected to be due to the wider industry’s assumption that a Trump presidency will be favorable for the blockchain industry.

Commentators argue that Trump’s pro-crypto stance will greatly benefit the sector, with many analysts proposing that the approval of a spot SOL ETF hinges on a Republican victory. Meanwhile, some Solana community members expressed that regardless of who emerges triumphant in November, it will make little difference.

Over the past four years, the Biden administration has loomed large over the crypto industry. Gary Gensler and the S.E.C. (Securities and Exchanges Commission) have been widely criticized by the crypto community for their regulation-by-enforcement approach, which has seen the agency hand out a litany of lawsuits to crypto businesses throughout its time in office.

Volume Spikes on Drift Protocol’s Prediction Market
While Trump and Harris clashed heads on camera, traders took their chance to hit the prediction markets. Drift Protocol’s BET platform, a marketplace enabling users to trade the outcomes of real-world events, enjoyed an impressive surge of trading volume during the debate.

According to Dune Analytics, Drift Protocol’s BET protocol witnessed over $851k in daily trading volume. While falling short of market leader PolyMarket’s $14M daily volume, BET’s dramatic volume spike represented a 1,287% increase over the previous day’s trading.

According to BET’s dedicated market, Trump’s chances of winning the presidential election dropped from 54.2% to 49.5% since the debate began.

$TREMP Down, $KAMA Up
Finally, the landmark debate sent waves of volatility through Solana’s PolitiFi memecoin economy.

Unfortunately for $TREMP holders, crypto markets rejected the Presidential hopeful’s debate performance. $TREMP price crumbled under increased selling pressure, plunging 28% from.19 to currently exchange hands at.135, based on Step Finance data.

Meanwhile, the Kamala Harris-inspired $KAMA saw renewed support. $KAMA surged over 34%, rising from 0.007 to currently trade at.0094. Despite $KAMA’s superior performance, the memecoin still has a smaller market cap ($8.3M) than its PolitiFi rival $TREMP ($14.2M).

Phantom, Solana’s most widely used wallet provider, has drawn criticism from some users for charging fees on in-app token swaps.

While some disgruntled community members attacked Phantom, voices across the Solana ecosystem came to the wallet’s defence. Reigniting debate around business models in the Web3 world, Phantom’s supporters argue that the platform has a right to generate revenue.

In an industry where meme coin presales can raise over $40M , is it fair to attack businesses providing essential services for charging easily avoidable fees?

SOLANA COMMUNITY MEMBERS COMPLAIN ABOUT 0.85% SWAP FEE
Frustrated Solana users have taken to 𝕏 to air their grievances about Phantom’s in-app swap fees. The public outrage came following circulation of data suggesting that the wallet provider generated over $30M in revenue through token swaps.

Comparisons between quotes between wallets and DEX aggregator Jupiter only added further fuel to the fire. Perhaps spurred on by stagnant market conditions, commentators on social media remarked that discrepancies between swaps provided by Phantom and Jupiter were “actually ridiculous.”

Eagle-eyed users remarked that the data wasn’t wholly accurate. Galactic Geckos founder Genuine Articles highlighted that the $30M figure was lower than expected, before Fabiano.sol, the influencer who originally shared the data, acknowledged that Phantom would’ve generated over $10M through in-app token swaps in 2021 alone.

While it’s obvious that traders can access better rates by using platforms like Jupiter directly, can Wallet providers be blamed for charging fees on value-added services?

Is the Slander Against Phantom Justified?
Content creator and former Phantom team member Seb Montgomery countered the attacks levied against Phantom. Arguing that every business has operational costs that need paid, Montgomery asserted that “Dapps, apps, wallets, etc. need revenue or they close up shop, and head home.”

Hammering his points home, Montgomery reminded Solana users of their double standards. The content creator highlighted how network participants were willing to provide over $40M to the $WATER memecoin presale, but criticized an 0.8% fee on services offered by one of Solana’s longest-standing products.

“You have probably lost $1000s on the pure rubbish. So don't be a clown and not support the wallets that make it all possible.” - Seb Montgomery

Montgomery also acknowledged that Solana owes much of its success to Phantom. Paying homage to Phantom’s position as Solana’s most widely used wallet, Montgomery asserted “Without Phantom, Solana's success would not have been anywhere near where it got to.”

WHICH WALLET GIVES THE BEST VALUE ON SWAPS?
While traders and users looking for the best rates should always go directly to decentralized exchanges or aggregators, it’s also worth knowing the various in-app swap rates of different wallets.

Fuse Wallet - 0%

Solflare - 0.8%

Phantom - 0.85%

Backpack - 0.85%

It should also be noted that all Solana wallets route their trades through Jupiter. Solana’s leading DEX aggregator typically offers the best rates on trades and allows third-party apps to add fees onto swaps.

Despite some traders expressing frustration, Phantom and other wallet providers have always been transparent and forthcoming about in-app swap fees. Using wallet-based swaps is completely optional and easily bypassed. Trader’s complaints are hardly unresolved.

Daily Memecoin Recap - September 8

Moonshot is starting to get attention after Mitch pushes a coin based on the fact that you can get paid LP fees

Get Paid To Hold
$husky -> hit $2 .14m, pushed by idrawline, $212k in LP rewards
$lpdog -> hit $271k , LP Dog, $18k in LP rewards
$rugs -> hit $219k , $6k in LP rewards
$pepe8bit -> hit $141k , $7 .5k in LP rewards
- Memecoin devs & top 50 holders on moonshotdotcc get paid fees from MeteoraAG's LP pool
- The creator of the coin gets 20% of rewards from fees
- The top 50 holders AT THE TIME OF MIGRATION get 70%
- 10% goes to moonshot
- This encourages people to hold & seems to be creating a temporarily new meta

Bullish Tickers - Play On Words
$btc -> $1m to $2 .48m (2.48x), "Big Titty Chicken"
$roi -> hit $679k , "Retarded Online Investment"
$fag -> hit $326k , "Flying Autistic Gummybear", good holder count, patty_fi onboard
$wait -> hit $313k , "Correction Guy"
$ape -> hit $295k , "Ape Life Savings"
$pub -> hit $216k , "pure unadulterated bliss", twitter community

Pepe On Sol Silently Reviving
$pepe -> $1 .46m to $9 .6m (6.57x), originally was heavily pushed by Pauly, his twitter has been suspended

Hyped Launch
$pumpy -> hit $4 .4m, "PUMPY NO DUMPY", KOLs onboard

More Cooks
$d .o.g.e -> $330k to $4 .6m (14x), "Dep of Gov Efficiency"
$r /gustav -> hit $696k , "Reddit Bull", same meta as $r /snoofi
$justcats -> hit $389k , "Cats are always the meta"
$pol -> hit $244k
$pez -> hit $180k , "PEZ Dispenser", nostalgic
$drift -> hit $153k
$bingus -> hit $143k

Market sentiment can flip at any moment - be prepared 🤝

Magic Eden, Solana’s leading NFT marketplace by trading volume, has surprised network participants with an unexpected announcement.

On September 5, the crypto juggernaut revealed it would be splitting its trading platform into two separate sites, Magic Eden International and Magic Eden US.

The move has drawn skepticism from the wider community, who speculate that the regulatory landscape in the U.S. could impact user eligibility for Magic Eden’s highly-anticipated airdrop.

MAGIC EDEN'S U.S. USERS FEAR AIRDROP EXCLUSION
In the official announcement, Magic Eden posited that the U.S. site “will still have great products you know and love while .IO [the international site] will give us the ability to cook up (and sauté) even more features…”, suggesting that the U.S. platform will offer a limited range of services compared to its international equivalent.

Magic Eden users have expressed concerns that these limitations could extend to airdrop eligibility. Throughout the year, Solana users based in the United States have frequently found themselves unable to claim tokens due to geographic restrictions.

Due to regulatory concerns and the ongoing scrutiny of the SEC (Securities and Exchanges Commission), many crypto projects, like Sanctum and Grass, avoid distributing airdropped tokens to U.S. users.

Regulatory clarity around NFTs and digital assets were further exacerbated in late August, when the SEC issued a Wells notice to OpenSea, an alternative NFT marketplace.

Claiming that the platform facilitated the sale of unregistered securities, the notice serves as a preliminary warning and often precedes formal legal action.

In what could be considered a tongue-in-cheek gag, the official Magic Eden 𝕏 account also added a playful line to it’s bio, stipulating that “Tweets are only for non US Residents”.

SolanaFloor engaged the Magic Eden Foundation for clarity sounding the airdrop eligibility of its U.S. users. At press time, the Magic Eden Foundation declined to respond.

$ME TRADES AT.20 DESPITE LACK OF TOKENOMIC CLARITY
Since the initial announcement of the Magic Eden airdrop, pre-market trading for $ME has witnessed volatility. After opening at.08 on August 28, $ME pre-market prices rose as high as.24 before stabilizing at.20.

Despite attracting over $700 ,000 in trading volume, pre-market trading platform Whales Market has been criticized for opening a market for a coin with an unknown supply.

Without any publicly revealed tokenomics, pre-market traders are speculating on $ME at unknown valuations, which could lead to significant losses for participants.

COINGECKO NAMES MAGIC EDEN CRYPTO’S LARGEST NFT MARKETPLACE
Despite 2024’s NFT market suffering challenging conditions and diminishing volumes throughout the year, Magic Eden has managed to reassert its position as the industry’s top marketplace.

Coingecko, a popular cryptocurrency analysis site, recently declared Magic Eden as 2024’s top NFT marketplace. Boasting 36.7% market share, much of Magic Eden’s success this year could be credited to its adoption of the Bitcoin ecosystem, including its integration of Ordinals, BRC-20 tokens, and Runes.

Binance Kazakhstan claimed today that it is the first to secure AFSA's formal consent for a full regulatory license, though AFSA's public directory shows more than 10 companies, including Bybit already operating in Kazakhstan with the same license.

Sonic SVM, the first Atomic SVM chain on Solana, has announced a $12 .8M HyperGrid node sale which is the first of its kind on Solana. The sale, which features 50,000 "HyperFuse nodes," begins in three stages:
- A Tier 1 Raffle on 9/16
- A Whitelist Sale on 9/18
- A Public Sale on 9/19.

The employment report 🇺🇸 is not bad

Just like ISM Services yesterday

They seem pretty consistent (so far) with the soft landing scenario

However, the probabilities of a 50 bps rate cut at once at the next meeting have climbed considerably in the minutes following the publication of the figures, which could reflect certain market fears about the US economic trajectory

#bullish

I have found an asset in the market #crypto , BRUTAL to go LONG (Futures) or BUY (spot) for the next 6-9 months. On a technical level, it is clearly in a rebound zone and it is very possible that it will soon start a bullish rally in which it multiplies its value by X4 or X5.

If we reach 20 LIKES on this post, I will publish an analysis of the asset.

💬 “No innovator will ever build new tools if he knows he can be held personally liable for any misuse of those tools.”

Telegram CEO Pavel Durov has spoken publicly for the first time since his arrest.

US Election: Crypto Industry Involvement is MASSIVE! 😱 

✅ Coinbase: $91 .1 Million
✅ Ripple: $49 million
✅ A16Z: $48 .5 million
✅ Jump: $15 million

It is the only industry that waters both sides, Republicans and Democrats...

🚨 VanEck publishes its predictions for the price of bitcoin in 2050:

Bearish scenario = $130 ,000
Base case = $2 ,910,000
Bullish scenario = $52 ,386,000

By 2050, #Bitcoin could represent 10% of international trade and 5% of local trade gain with central banks holding it as a reserve asset.

Risks to Bitcoin's growth are:
🔹 The growing demand for energy
🔹 Concerted government repressions
🔹 Competition with other digital assets.

"We believe many of these distortions stem from a massive misallocation of capital since the global financial crisis as G7 governments overused the printing press, spending borrowed money on impossible goals.
Bitcoin...is the ultimate hedge against this growing fiscal recklessness"
says Matthew Sigel, head of digital asset research at Van Eck.

Solana Programs that are Verified has been put into a directory, a public dashboard for trusted and verified Solana programs.

Public spending and aid are the norm and the preamble to universal basic income.

The consumer is no longer the center of the economy, it is the government whose spending sustains everything.

Of course this expense is debt, so you have to know how to protect yourself from the upcoming mega devaluation of the USD.

#Bitcoin Technology stocks, semiconductors and commodities are ideal in this situation.

BIG SUPPLY, BIG PROBLEMS AS SOLANA’S NFT MARKET REJECTS LARGE COLLECTIONS

Fresh minting mechanics are bringing greater security to Solana NFTs, but new mints and large collections struggle to garner attention and are trading below mint price.

New NFT collections have learned a painful lesson this week. If it wasn’t obvious due to stagnant floor prices and diminishing trade volume, launching a fresh collection in these conditions is a difficult task.

Despite commentators claiming these hyped collections will usher in a “new era” and whitelist spots selling at over $50 apiece on open markets, launches from Pathfinders and Hermans have failed to meet expectations.

Will Solana’s NFT market ever witness another successful 10,000 NFT collection? Or are small supplies the only way of conserving value?

ONLY 21% OF PATHFINDER'S RISK-FREE NFTs MINTED

Despite proposing a new, risk-free method of launching Solana NFTs, the Pathfinders collection faces difficulty minting out. At press time, only 2,125/10,000 NFTs have been minted, falling well short of expectations.

Pathfinder’s novel LST-backed NFT collection launched with noble intentions. Providing an alternative mechanic that aims to protect minters, the collection has launched Solana’s first un-ruggable NFTs.

Unlike standard NFT mints, Pathfinders NFTs are minted using pathSOL, the project’s native liquid staking token. Holders reserve the right to redeem their NFT for the underlying pathSOL used to mint the asset, essentially securing the NFT’s value at a minimum of 2pathSOL.

Regardless, Solana’s NFT community has largely ignored the project’s novel approach to minting. Supporters of the new mechanic took to social media to express their disappointment with the NFT community’s apparent apathy. 

Commentators noted that network participants have collectively poured thousands of SOL into extractive and malicious actors, but are unwilling to support builders providing meaningful alternatives.

‘Hyped’ New Mint Immediately Under Floor - Are Presales to Blame?

Boasting a sold-out presale that constituted 55% of the total supply, the Hermans NFT collection suffered a similar fate. Priced at 1.5 SOL per NFT, Hermans struggled to attract interest during the public mint, forcing the team to take drastic action.

Hermans trading on secondary marketplaces like Tensor and Magic Eden was locked until the mint was complete, meaning holders were unable to list their assets. The team took it upon themselves to buy all unminted assets. The Hermans’ treasury now holds over 1,600 NFTs, roughly 33% of the supply.

Almost immediately, the collection began trading beneath mint price as presales and regretful minters clamored to liquidate their holdings for SOL. Hermans currently exchange hands at 0.84 SOL, down 44% from the original mint price.

While poor NFT market conditions are a significant contributor to the recent slew of disappointing NFT launches, social media commentators have argued that NFT presales are also to blame.

Low Supply NFT Collections Retain Value

In recent years, NFT markets have witnessed countless large supply collections suffer devastating downtrends. 

Top Solana collections like Mad Lads, Tensorians (pictured), and Claynosaurs have all endured significant drawdowns, while dozens of less-resilient projects have effectively plummeted to zero.

Comparatively, low supply and 1/1 NFT collections have retained their value remarkably well. Limited supply art collections like Boogles, Dead King Society, and The SixNine are typically only available through OTC deals and have maintained comparatively stable floors, regardless of SOL price fluctuations.

Arguably, this suggests that the most valuable utility NFTs offer is access to exclusive communities. Alternatively, it could also indicate that low-supply collections with low market liquidity create an elite sense of perceived value, which has supported the valuations of these co

There are some sources that are already making it official that Robert F. Kennedy Jr. 🇺🇸 is going to SUPPORT Donald Trump for the presidential elections ‼️👀

The two biggest candidates are pro #Bitcoin and crypto... plus this would be the first time (that I know of) that a Kennedy supports a Republican candidate, interesting 🤔

🇷🇺 According to Kommersant, Russia plans to create at least two crypto exchanges.

One will focus on foreign economic and trade activities, while the other is expected to be established in Moscow.

In addition, a stablecoin pegged to the RMB (currency of the People's Republic of China) and the BRICS basket of currencies will be created

The 🇺🇸 have added 1/3 of their public debt since 2020.

This is untenable.

They will be forced to continue printing exponentially and destroy the value of the currency faster and faster

Will Bitcoin be the lifeline of the US?

⚠️ This week we have one of the MOST IMPORTANT FED events 🇺🇸 that will affect the price of #Bitcoin ‼️👀

Save this calendar to stay alert 👇

WEDNESDAY
- 20:00 CET: Publication of the minutes of #FOMC

THURSDAY
- 14:30: Weekly unemployment claims
- 15:45: S&P Manufacturing and Services PMI Indices
- 16:00: Start of the Jackson Hole Symposium (all day)

FRIDAY
- 16:00: Jerome Powell press conference at Jackson Hole

SATURDAY
- 16:00: Jackson Hole Symposium (all day)

🚨 The Jackson Hole event is going to be very important, many central banks and economic institutions are going to debate the current situation, and above all the most interesting thing will be on Friday with Jerome Powell

As always, I will keep you informed in real time about all this.

🇩🇪 A few weeks after the German government sold 50,000 #Bitcoin , its Federal Office for Information Security published a message on LinkedIn, advising citizens to store their BTC in a hardware wallet...

Holding an open discussion on 𝕏, BitGo’s Mike Belshe joined Justin Sun and original WBTC contributor Meow to address concerns about WBTC custody changes.

Earlier this week, BitGo announced changes to WBTC’s existing custody model that included distributing influence across several parties and geographic jurisdictions.

The move drew a wrath of criticism from the cryptocurrency community, notably due to the involvement of Tron founder Justin Sun.

Seeking to clear the air, Jupiter co-founder and original WBTC contributor Meow welcomed BitGO CEO Mike Belshe, Justin Sun, and BitGlobal representatives to a public forum to shed some light on the situation.

MIKE BELSHE PUTS BTC USAGE CONCERNS TO REST
One of the key concerns outlined by the crypto community following BitGo’s original announcement was what the Bitcoin used to back WBTC would be used for. Acting as a voice for the crypto community at large, Meow posed the question of BTC utilization to BitGo CEO Mike Belshe.

Assuring over 5,000 captivated listeners, Belshe put their nervous minds to rest, highlighting that “when you put [Bitcoin] inside of a trust company you’ve got it wrapped in a mechanism which has got a fiduciary responsibility in a very legal way.”

Reinforcing his statement with additional context, Belshe acknowledged that people’s “number one question” was that “the bitcoin behind [WBTC] is not gonna get hypothecated, rehypothecated, lent out, used, taken, put somewhere else.”

Highlighting the legal constraints of BitGo’s position, Belshe assured listeners “The regulatory construct that we have makes it so that it’s actually illegal to do that.”

A TRANSFER OF TRUST?
Part of the BitGo X GitGlobal collaboration means that multi-signature keys with access to custodied assets will be distributed across several companies. While on paper this aids in decentralization and security, Meow and the community raised concerns regarding the involvement of BitGlobal, a relatively new and unknown entity in the space.

By transfering ownership of keys, Meow theorized that the “transfer of trust will take a long time” arguing it could be “quite a hard pill for the community to swallow”.

Responding to Meow’s claims, Belshe asserted “BitGo is not asking you to take the same trust that you had in BitGo and just give it to somebody else.”

Hammering his point home, Belshe contended that decentralization remains one of the strongest security measures available. Posing the rhetoric, Belshe asked “Is it more secure to have the two parties, or is it more secure to have BitGo hold two keys?”

THE JUSTIN SUN FACTOR
The announcement of Justin Sun’s involvement in the arrangement has been one of the collaboration’s biggest items of contention. Some long-standing crypto protocols like MakerDAO have argued that Justin Sun’s involvement adds an “unacceptable level of risk” to WBTC, proposing to reduce their WBTC exposure to 0.

Justin Sun’s commentary during the forum was admittedly brief. Downplaying his role and involvement, the controversial figure noted “the protocol, how to mint, how to burn and also the transparency and all the procedures remain the same.”

Adding further clarity, Sun contended “other than some of the keys being moved out of the U.S., I don’t really think there is much difference.”

Beyond assuring listeners that nothing had changed, Sun revealed his vision for the future of WBTC. Positing that “not everything we do is purely to make money” Sun believes the team should focus on expanding WBTC market cap, TVL, and helping the asset establish a presence of more blockchains.

🚨 IMF calls for 85% electricity tax hike for cryptocurrency miners, AI data centers.

They estimate the environmental impact of crypto and AI at 2% of global electricity consumption and nearly 1% of global carbon emissions.

According to them, increasing electricity taxes for crypto miners could reduce global emissions while bringing in billions of dollars in revenue for governments.

"Such a levy would increase annual public revenues by $5 .2 billion worldwide and reduce annual emissions by 100 million tonnes around Belgium's current emissions."

For AI data centers, a targeted tax on their electricity consumption should be set at.032 per kilowatt-hour, or.052.

“It’s slightly lower than crypto because data centers tend to be in places with greener electricity. That could bring in as much as $18 billion a year.”

Published in 1968 - In thirty years, he reflected, perhaps sooner, there would be one vast undifferentiated culture, one complex of super-highways, hot-dog stands and neon, interrupted only by the Atlantic, stretching from Los Angeles to Jerusalem; possibly, by then, as far as Calcutta, three-quarters of the way round the world. Where there had been Americans and British and French and Italians and Greeks and the rest, there would be only citizens of the West, uniformly affluent, uniformly ridden by guilt and neurosis, uniformly alcoholic and suicidal, uniformly everything.

- Extract from “Colonel Sun”

Dialect reports that 285 Solana Blinks have been added to the public registry since launch.

The registry provides an extra layer of security for evaluating Blink usability on X.

🚨 Highlight of the interview between Elon Musk and Trump:

👉 The interview began with Elon Musk discussing a massive DDoS attack that severely disrupted and delayed the live broadcast, originally scheduled for 8 p.m. Musk said the incident clearly revealed the strong opposition to President Donald Trump's speech:

🔹 "This massive attack shows that there is a lot of opposition to people simply hearing what President Donald Trump has to say."

🔹 Elon Musk then found it fascinating that Thomas Crooks chose the most obvious location for an assassination attempt, although no one anticipated it.

🔹 “If the goal is to assassinate, what would be your favorite place? This building. This building would be number one,” Elon Musk remarked. Donald Trump agreed: “That would have been the most appropriate place.”

👉 Elon Musk then expressed his admiration for Trump's reaction to an assassination attempt. He praised the president's determination not to be defeated by this dramatic event, but to continue to fight with a firm will and a spirit of defiance.

🔹 “Your actions following this assassination attempt have been truly inspiring,” said Elon Musk.

👉 The conversation then turned to politics, with Donald Trump voicing scathing criticism of Vice President Kamala Harris for what he called blatant hypocrisy.

🔹 Donald Trump accused Harris of plagiarizing one of his proposals, that of abolishing taxes on tips, while at the same time supporting increased IRS surveillance of citizens' tips. He denounced this inconsistency by declaring: "These people are FAKES", highlighting the contrast between past actions and current positions.

🔹 Donald Trump recalled that the previous administration had hired 88,000 new IRS agents to closely monitor tips received by waitresses and carts. According to him, this policy was mainly aimed at increasing surveillance and imposing additional burdens on workers in these sectors.

🔹 However, Donald Trump pointed out that Harris had recently adopted his proposal to eliminate tip taxes, which he said illustrated political opportunism. He accused Harris of changing her position in response to political pressure, saying that the move was designed to improve her image and gain political advantage, while remaining at odds with the policies she previously supported.

👉 Elon Musk then expressed grave concern about the future of the United States if current border policies continue.

🔹 "I'm not sure we'll have a country anymore if open borders continue for four years," he warned.

🔹 Donald Trump added that if Kamala Harris were elected, it could lead to the arrival of 50 to 60 million people from various countries around the world.

🔹 “Inflation comes from government overspending because checks never bounce when they are written by the government,” Musk explained. He suggested the creation of a “government efficiency commission” to review and reduce wasteful spending, noting that interest payments on the national debt have now exceeded the defense budget, a situation that demands immediate action.

👉 Finally, Elon Musk addressed the subject of censorship, expressing harsh criticism towards Thierry Breton, the European Commissioner, whom he accuses of having tried to censor his conversation with Donald Trump.

🔹 Elon Musk referred to Breton's warning, who had said: "With a larger audience comes greater responsibility." This statement was perceived by Musk as an attempt to limit freedom of expression, which prompted him to react strongly.

🔹 To express his displeasure, Elon Musk shared a provocative meme addressed to Breton, asking him to “take a big step back and literally fuck off.” This reaction underlined his firm opposition to any form of censorship, especially when it seems to target freedom of expression on public platforms.

👉 Elon Musk then highlighted the way Donald Trump had handled freedom of expression during his first term.

The Arena by Marginfi is now open to the public, allowing users to short newly created meme coins on Solana with leverage. 15 new meme coins will be listed for trading on the platform today.

SEC requested information about Uniswap from two venture capital funds 🙉

Several venture capital firms, including Andreessen Horowitz and Union Square Ventures, have received a notice from the SEC demanding information about the activities of the decentralized exchange Uniswap, Axios reports.

According to the publication, the regulator may accuse Uniswap of not being a registered exchange.

The Uniswap platform is the largest DEX with a market share of 15.8%, according to CoinGecko.

BTC, the weekly candle opened below the 60,000 level. Thus, the level was not kept. I wrote in previous posts that it is important to open a weekly candle above this level so that at least a consolidation would occur. In any case, this is a local movement within the pattern, see the chart. A new round of growth will occur only after the breakdown of the resistance zone (I'm not talking about scalps or speculative transactions), we are talking about normal medium- and long-term growth. But this week can change a lot, this week data will be published starting on Tuesday, throughout the week every day, US inflation data, CPI and so on. Based on this, the US Federal Reserve will decide on a rate cut at its meeting on September 18.
Locally speculative, the 57,600-57,500 level is a key support level. The loss of this level is the 56,000-54,600 zone. Also, in order to continue growth within the pattern and reach the upper limit, it is necessary to break through and consolidate above the levels of 60,000 and 62,700.

withdrawal from exchanges exceeds input - correlation
Minimum volumes!

Altcoins, they will also be affected by this week's data. Many altcoins are at the bottom of a wide flat that we have been trading for more than two years. Now we are not talking about speculative deals or scalp deals. We are talking about the medium- and long-term growth of this cycle. Which began after halving Bitcoin. Altcoins, there is still a little time to buy, set, altcoins. But this time will soon pass, those who are trying to save a couple of cents at the entrance will remain without coins and of course will buy on hay. My optimal choice of trading on the current is to buy a ladder. Of course, if I buy any coins, I will definitely write about it in the VIP channel. It's a matter of time! The beginning of altcoin growth, which is no more than 2 months away.

https://www.tradingview.co.../

Daily Memecoin Recap - August 8

The market is in need of a new meta, a lot of repetitive things coming out

Fake Trump Coin
$rtr -> hit $155m , "Restore The Republic"
- DonaldJTrumpJr was teasing at an exciting crypto announcement
- Plenty of legit people had sources saying that this was Trump's real coin
- People believe that they rugged at the last second, which has caused an outroar on the timeline

Neiro's friends
$fuku -> hit $4m , based on $neiro 's friend, kabosu family ( $doge )
$fuku -> hit $1m
$hachi -> hit $1m
- kabosumama has a new blog post

Dog Memes
$pitbull -> $400k to $1 .96m (4.9x), decent team
$pooku -> $260k to $1 .2m (4.6x)
$eggdog -> hit $8 .5m, insider
$maka -> hit $980k , cute dog
$maki -> hit $300k

Wizard meta
$lore -> hit $1 .15m
$wizcat -> hit $1 .1m, influencers backing

More Cooks
$schizo -> $95k to $2m (21x), revived after getting CTO'd
$gmblr -> hit $3m , sniped launch
$jajak -> hit $2 .83m, heavily pushed today, a lot of smart wallets aped, funny meme
$dwifkodak -> hit $1 .6m, celeb meta, pushed by KOLs
$money -> hit $1 .15m, "Just give me my money", good meme
$bif -> hit $850k , "banana wif hat"
$miy -> hit $800k , duck meme, CTO
$memest -> hit $380k , "memes street", CTO
$spurdo -> hit $370k
$bph -> hit $260k , "Blue Party Hat",

I want to see something new, something fresh that hasn't been done before

Can dev do something pls