As Bitcoin fell below $30,000, the price of Arbitrum dropped by more than 12% in the last 24 hours, dragging other altcoins with it. Arbitrum (ARB) lost 12.69% in the last 24 hours, according to CryptoSlate data, reversing its recent surge. The decline occurred at the same time that Bitcoin (BTC) also fell below the…
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The Market Update gathers the main cost developments in the crypto markets over the detailing period, distributed 07:45 ET on work days. The cryptocurrency market cap has decreased by 3.7% from $1.27 trillion to $1.22 trillion over the past 24 hours due to net outflows of $47.5 billion. The market caps of Bitcoin and Ethereum…
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According to Santiment, a blockchain analytics company, Bitcoin price volatility is at its lowest level since the second week of January. According to Santiment data, Bitcoin (BTC) whales—addresses holding between 100 and 1,000 BTC—accumulated 20,007 BTC. As per the blockchain examination firm, the amassing over this period returned the companion’s holding to more than 20%…
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According to RBC, Russian users of Binance are still unable to conduct peer-to-peer transactions in Euros and U.S. dollars. Binance allegedly lifted as far as possible it put on Russian records in 2022, neighborhood news source RBC wrote about April 18. A media correspondent was informed by the technical support team of the cryptocurrency exchange…
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Efficient but costly, Intel ends its Blockscale 1000-series Bitcoin-mining ASICs amid focus on IDM 2.0 strategy. On April 18, Intel said that the first-generation Blockscale 1000-series Bitcoin-mining ASICs would no longer be available, despite the fact that the chips increased revenue and efficiency in 2022, up from 2021. Tom’s Hardware first reported the announcement, which…
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Dfinity Foundation says ICP consumes less energy than Cardano, launches ‘proof of green’ initiative Dfinity noticed a developing worry of “greenwashing” in the blockchain business as most organizations guarantee to be the most feasible. According to the Dfinity Foundation, a single Cardano (ADA) transaction uses 8,598 times more energy than a transaction on the…
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Since implementing the BTC standard in March 2021, MicroStrategy has invested $4.17 billion to acquire 140,000 BTC. Michael Saylor, chairman of MicroStrategy, said that the company changed his corporate email address to a Lightning address in reference to the company’s ongoing optimism regarding Bitcoin (BTC). In a tweet on April 17, the former CEO of…
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Musk’s truth-seeking chatbot aims to reduce AI risk and reduce what he says is a left-wing bias. According to a report from FOX News on April 17, Elon Musk, CEO of Tesla and Twitter, has announced the launch of a brand new AI-powered chatbot called TruthGPT. Musk announces TruthGPT Musk stated in an interview with…
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A MetaMask developer claims that a sophisticated hacker used an unidentified method of attack to drain more than 5,000 Ethereum. According to MetaMask developer @tayvano_, an ongoing hack has stolen more than 5,000 Ethereum (ETH) and an unspecified number of tokens and NFTs from multiple chains since the end of last year. “I don’t know…
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The Berkshire Hathaway Chair likened interest in Bitcoin to the lure of easy money gambling. On Bitcoin, Warren Buffett stated that he does not know “how to turn the clock back.” The head of Berkshire Hathaway compared Bitcoin to roulette in an interview with CNBC, describing the leading cryptocurrency as a gambling token with no…
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