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1US crypto ETFs are pulling Bitcoiners into TradFi: BlackRock's Jay Jacobs2Accenture stock plummets 18% to near ten-year low under dual pressure from AI impact and Middle East turmoil3Is SpaceX the Ultimate Exit Liquidity for Billionaires?

Bitcoin Price Retraces After CPI Pump, BONK Dumps 11% Daily (Market Watch)
BONK, RNDR, and AKT are among the poorest performers today.
Cryptopotato·2024/07/12 10:11

Can Markets Recover as $2 Billion in Crypto Options Contracts Expire Today?
Bitcoin options expiry day has come around again, and this Friday’s event is quite substantial, but is it enough to reverse the crypto market downtrend?
Cryptopotato·2024/07/12 10:11

A comprehensive explanation of Zentry: an open gaming universe connecting Web2 and Web3
Odaily·2024/07/12 09:57

Where did the money go? Interpreting the key events that affect the crypto asset cycle
Odaily·2024/07/12 09:57

Sentiment hits bottom, leverage cleared, 5 reasons to be bullish on future market
Odaily·2024/07/12 09:57

Crypto Expert Forecasts Meme Coin Surge: Will Shiba Inu and Dogecoin Price Hit New Highs?
Cryptonews·2024/07/12 09:01

Poodlana is coming to the market in 5 days: are you ready?
BlockBeats·2024/07/12 08:58

Taking stock of the current negative and positive factors, when will there be a reversal?
BlockBeats·2024/07/12 08:58

5 bullish reasons to buy the dip now
BlockBeats·2024/07/12 08:58

Should You Buy Bitcoin Before the Fed's September Rate Cut?
Institutional Crypto Research Written by Experts
10xResearch·2024/07/12 08:40
Flash
06:12
ENS DAO launches Temp Check proposal: plans to expand the functions of the ENS Foundation```htmlJinse Finance reported that on June 20, ENS DAO launched a new Temp Check governance proposal, aiming to expand the functions of the ENS Foundation, extending its responsibilities to include operational management, grants programs, and long-term fund management. The proposal emphasizes that control of the ENS protocol and the right to remove directors will remain with ENS token holders. The proposal is currently in the community discussion phase.```
05:51
The global blockchain market size is expected to reach $61.096 billion by 2031.```htmlJinse Finance reported that on June 20, MarketsandMarkets released a report predicting that the global blockchain market size is expected to grow from $54.08 billion in 2026 to $610.96 billion in 2031, with a compound annual growth rate of 62.4%. The growth is mainly driven by enterprise-level blockchain adoption in industries such as banking and financial services, supply chain, healthcare, government, and retail. Enterprises are increasing investment in dApps, digital identity, stablecoin payment networks, and cloud-hosted blockchain infrastructure. The report also stated that Layer 2 scaling technology, regulatory developments, and the integration of blockchain with AI and enterprise software platforms are prompting enterprises to shift from pilot projects to large-scale production environments.```
05:49
AI threats intensify, Accenture's stock price falls to its lowest level since 2017BlockBeats news, June 20, according to the UK Financial Times, consulting firm Accenture saw its share price fall by 18% on Thursday, closing at its lowest level since 2017. The decline followed the company's downward revision of its revenue forecast, raising investor concerns that the rapid development of AI is undermining traditional IT consulting and outsourcing business models. Accenture stated that in the three months ended at the end of May, the company's new orders dropped to $19.3 billion, a 3% decrease year-on-year. The company expects annual revenue growth to not exceed 4%, below the previous upper guidance range of 3% to 5%. Accenture’s market capitalization has fallen from over $200 billion after the post-pandemic consulting boom to less than $80 billion. Accenture CEO Julie Sweet said the company is still winning business in AI-related consulting as enterprises adopt the technology, but investors are worried that AI could lead customers to rely less on consultants or bring new competition from AI startups. She also mentioned that the Middle East war had a $100 million greater impact on revenue in the most recent quarter than expected and slowed decision-making among customers in other regions. Accenture is seeking new areas for growth and has substantially increased its acquisition budget, which will reach $9 billion for this fiscal year. On Thursday, the company announced three cybersecurity-related acquisitions, including vulnerability assessment firm runZero, device security firm NetRise, and a majority stake in operational technology cybersecurity company Dragos. The total enterprise value of the three transactions is $4.2 billion.
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