Bitcoin Pushes Higher Despite Negative GDP Report

Bitcoin continued to move higher on Thursday, pushing past $23,000, despite a GDP report that showed second-quarter decline rather than growth. The negative 0.9% reading follows last quarter’s 1.6% decline and missed projections for a 0.5% increase in growth. Still, asset classes across the board responded favorably, with prices in both traditional finance and cryptocurrencies moving higher as investors saw evidence the economy is slowing at a slower, more desirable rate instead of plunging into recession. Source

Top Analyst Predicts 60x Profits For Polygon, Cosmos, And Avalanche

The crypto market is trending to the upside and recovering some of its last week’s gains with Polygon (MATIC), and other altcoins following the general trend. Digital assets seem to be positively reacting to the earnings reports from legacy companies. Related Reading | Why The IMF Thinks The Crypto Market Could See “Further Selloffs” At the time of writing, Amazon (AMZN) beat earnings expectations generating over $130 billion in net sales. Apple (AAPL) also beat expectations with $83 billion reported in earnings. Amazon +10% 👀 pic.twitter.com/T4twX73AKG — TradingView (@tradingview) July 28,…

Apple Seeking Web3-Savvy Content Marketing Directors

One of the listings is for an associate creative director candidate with “demonstrated interest in interactive platforms and Web 3.0.” The other, for a job as an art director, called for “passion for experimentation and innovation, demonstrated interest in Web 3.0,” although Apple has since removed the listing from its website. A reposted version, however, is still floating around the internet. Source

Final candidates for next UK prime minister have made pro-crypto statements

Rishi Sunak, the former chancellor of the Exchequer, and Liz Truss, Secretary of State for Foreign, Commonwealth and Development Affairs, two of the final candidates to become the next prime minister for the United Kingdom, have both previously expressed pro-crypto views. With Prime Minister Boris Johnson soon to be out of office, Sunak and Truss are competing to be the next leader of the Conservative Party and the country, with their views on digital assets likely to influence financial policy. Under Johnson, Sunak requested that the country’s Royal Mint create…

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Is Solana Leading Crypto Into Retail or Trailing Apple?

Last month, there was news of a “Solana Phone.” Anatoly Yakovenko, co-founder of Solana and a former Qualcomm engineer, said the network’s smartphone (officially called Solana Saga) was a way to bring crypto into the world of mobile computing. And maybe, just as the iPhone rapidly expanded internet use, a SOL Phone could bring people into crypto. Source