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The Bhutanese government has revealed that it has been using hydroelectric power to mine Bitcoin since the cryptocurrency was valued at just $5,000. According to Forbes, following a local media investigation, Bhutan's government confirmed that not only did it invest millions of dollars in purchasing cryptocurrency, but
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April 2023 has been a standout month for memecoins, and now PEPE, the green frog meme, has become the third project to break into the top 100 cryptocurrencies by market cap. This April has seen a surge in memecoin activity, with major coins showing minimal growth, leading investors to explore
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According to Token Unlocks data, May 2023 will feature 21 major token unlocks, with a total value reaching $794 million. Significant projects unlocking large amounts of tokens this month include: * May 15 - BitDAO (BIT): 187.5 million tokens, representing nearly 2% of the total supply, valued at $92.8
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Last week's trading plan was relatively successful, particularly with catching the bottom of altcoins. Although our plan to short BTC didn't activate due to price volatility, the strategy for bottom-fishing altcoins worked quite well. BTC Plan: Our plan to short BTC didn't materialize as
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According to Ripple's latest operational report released on April 28, the company announced it sold $361 million worth of XRP during the first quarter of 2023, marking a significant increase from the $226 million sold during the same period last year. Ripple attributes this surge to growing demand
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It appears that the proposed changes to PancakeSwap’s tokenomics have not been well received, resulting in a significant 24% drop in CAKE’s value over the past week. PancakeSwap (CAKE) Falls 24% After Proposal to Slash Trading Rewards Update: According to the latest results, PancakeSwap’s v2.5 proposal
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In the past 12 hours, Bitcoin (BTC) has experienced significant volatility due to a series of rumors hitting the crypto market. On the morning of April 27, 2023, many crypto investors woke up to see Bitcoin's price plummet and then skyrocket, with fluctuations reaching up to ±$3,000.
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Users can now check on-chain Solana data and transactions directly through ChatGPT. Additionally, Solana has launched a $1 million grant fund dedicated to supporting AI projects within its ecosystem. Solana Integrates ChatGPT for Blockchain Data Access and Launches $1M AI Grant Fund In an announcement on April 25, Solana Labs
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On the evening of April 26, Circle announced the launch of its Cross-chain Transfer Protocol (CCTP) mainnet on Ethereum and Avalanche. Cross-chain Transfer Protocol (CCTP) is a liquidity bridge solution utilizing USDC, which Circle has planned to deploy since the beginning of 2023. On its official Twitter, Circle shared key
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According to Standard Chartered, the crypto winter has ended, and Bitcoin could hit $100,000 by 2024. Geoff Kendrick, the head of cryptocurrency research at Standard Chartered, stated: "We see the potential for Bitcoin (BTC) to reach $100,000 by the end of 2024, as we believe the '
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StarkWare, the team behind the Layer 2 scaling solution Starknet, has just unveiled its 2023 development roadmap. According to the latest announcement, Starknet’s primary focus for 2023 will be enhancing user experience (UX). Moving into 2024, the emphasis will shift towards network decentralization and making network-shaping decisions. Starknet’s
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With the new feature, users can earn staking rewards without needing to act as validators on Aptos. Aptos (APT) Introduces Delegated Staking Feature On April 21, Aptos, a layer-1 blockchain, announced the launch of its Delegated Staking feature, aimed at making staking participation more accessible on its network. Moreover, Delegated