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Crypto News Today (July 9): BTC Back Above $63K, AscendEX Exchange Halts Operations, and BNB Chain Reveals New Layer-1

In crypto news today (July 9), Bitcoin has bounced back from yesterday’s pullback, climbing above $63,000 and up +0.5% over the past 24 hours. Liquidations have slowed considerably since yesterday, dropping from over $350M to $282M, with over $183M of that figure coming from long positions, signaling that bulls still haven’t learned their lesson from…

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Michael Saylor Declares Bitcoin Has ‘No Spam Problem’ as BIP-110 Debate Escalates

Key Takeaways Michael Saylor’s Jul. 9 X post drew 938 replies, exposing deep Bitcoin community divisions. Grok found 65% opposed Saylor’s stance, while 25% backed his free-market Bitcoin view and 10% showed neutrality. BIP-110’s August rollout could reshape Bitcoin as the spam debate continues to intensify. On Wednesday, Michael Saylor took to the social media…

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A Majority of European Lawmakers Voted Against Letting Big Tech Read Our Messages. They’re Going to Anyway.

The European Parliament has voted to extend legislation allowing tech companies to voluntarily scan users’ private messages for child sexual abuse material, despite a majority of lawmakers voting against the proposal. The ruling reinstates permissions for firms including Meta, Google, and Microsoft to scan private text, email, and social media messages through a bill nicknamed…

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Character.AI enters the microdrama arena with its own productions, but there’s a twist

Microdramas are such a rage these days that nearly every kind of company in the attention economy space — be they dedicated microdrama apps, social media giants (TikTok and Instagram) or streaming services (Peacock, Amazon Prime, and India’s JioHotstar) — is building a product to tap the opportunity. Character.AI, which lets people chat with customized…

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