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Category: BitCoin

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Bitcoin Proponent Nayib Bukele Claims Landslide Reelection Victory in El Salvador

In Brief Bitcoiner Nayib Bukele claims victory in El Salvador’s presidential elections with over 85% of the votes, according to exit polls. Bukele’s win is seen as a positive for the continuation of Bitcoin adoption in El Salvador, where it was made legal tender in 2021. El Salvador’s Bitcoin treasury currently stands at 2,825 coins,…
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19 Million Chainlink (LINK) Tokens Released: Potential Price Impact

In a nutshell the transfer of $341 million worth of Chainlink’s LINK tokens to Binance and a multi-sig wallet raised concerns among market observers. Since August 2022, designated wallets have consistently transferred 106 million LINK to Binance at an average price of $9, according to SpotOnChain. According to Godleak’s pricing data, LINK’s value has increased…
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Facebook, Instagram Will Join Google Enabling Bitcoin ETF Ads

Briefly it is rumored that spot Bitcoin ETFs will be promoted on Meta’s Instagram and Facebook. The approval of ETFs will reach a larger user base as a result of the potential alteration in advertising policies. The move lines up with the developing progress of Bitcoin ETFs, as seen by a significant spike in inflows.…
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This Is Why Analysts Are Bullish on the Crypto Market

Briefly as the stablecoin market surges by $9 billion, analysts anticipate a bull market, indicating renewed strength and investor confidence. A BitGet study also reveals that investors are highly optimistic about the cryptocurrency market’s positive impact of the Bitcoin halving. Additionally, observers believe that the newly launched Bitcoin ETFs will have a larger, long-term positive…
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Solana Active Addresses Reach New Heights Amid Surge in User Engagement

In a nutshell The Solana network recorded more than 884,000 dynamic tends to on January 31, showing uncommon development. The Jito airdrop in December 2023 and expanded movement in local decentralized trades added to Solana’s dynamism. The Jupiter Trade’s airdrop and the impending ones are viewed as key in cultivating local area commitment and client…
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Can Ethereum (ETH) Reach the Coveted $10,000 Mark by 2030?

In a nutshell Ethereum (ETH) is expected to stir things up around town mark by 2030, essentially because of its predominance in the DeFi area. The expected send off of a spot Ethereum ETF could draw huge speculations, helping Ethereum’s market direction. An Ethereum wallet, latent for almost 10 years, holding 492 ETH (presently worth…
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Is Andrew Tate About to Drop His Own Cryptocurrency?

In short Crypto force to be reckoned with Andrew Tate’s supposed new coin, supported by $100 million of his own cash, is confronting suspicion from the crypto local area. Tate appeared to have guaranteed financial backers certain benefit assuming his tweet about the coin got 50,000 retweets; the post got around 10,000 retweets. One pundit…
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These Institutions Have Bought 3.3% of Bitcoin’s Supply in 3 Weeks

In a word Since Bitcoin ETFs were endorsed, BTC’s cost has dropped and institutional elements are collecting the advanced resource. Retail investor engagement and BlackRock’s participation in Bitcoin ETFs raise expectations for future price increases. In spite of assumptions at a cost climb in the wake of endorsing 11 spot Bitcoin ETFs, Bitcoin’s worth dropped…
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SIM Swap Scam to Blame for $400M FTX Hack as Attackers Are Charged

Briefly, the Department of Justice has brought charges against three individuals in connection with a SIM-swapping heist that took more than $400 million from the FTX exchange in November 2022. The SIM trade assault included collecting individual information of around 50 casualties to catch validation codes and access monetary records. In 2022, the FBI documented…
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Why is This Major Crypto Exchange Shutting Down?

To summarize, OPNX advises users to settle transactions and export history prior to shutting down for a smooth transition. The trade determines a 12-day window for clients to pull out all assets from the stage, to get their assets. OPNX makes it easier to leverage claims in defunct crypto firms. It was launched in April…
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