What are Telegram bots, and why are they popular in crypto community?
Telegram bots, offering a multiplicity of functionalities, have positioned themselves as indispensable assets within the crypto community. Key Takeaways Telegram bots have emerged as a pivotal tool in the cryptocurrency community, offering a blend of convenience and functionality to manage various decentralized finance (DeFi) tasks. Let’s delve into what makes them stand out and explore their prevalence in the crypto …
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SHIB Telegram Admin Account Hacked, Community Warned of Scam Airdrop
The Shiba Inu community faced a scam as the Telegram account of a prominent member, Ragnar Shib, was compromised to promote a fake BONE token airdrop. Key Takeaways Crypto Scam In an unfortunate turn of events, the Shiba Inu community has found itself amidst a crypto scam. Ragnar Shib, an admin in the community, had his Telegram handle hacked, which …
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Central Bank Initiative Unveils Global Bitcoin Monitoring System: The Atlas Project
A global central bank test lab, under the Bank for International Settlements (BIS), has created a bitcoin monitoring system named “Atlas” to track cryptocurrency usage and cross-border flows for regulatory insights and risk assessment. Key Takeaways Monitoring System In an effort to demystify the enigmatic pathways of cryptocurrency, the Bank for International Settlements (BIS) has launched a prototype bitcoin monitoring …
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US Debt Soars, Surpassing Half of Bitcoin’s Market Cap in a Single Day
The US added a staggering $275 billion to its national debt in a single day, surpassing half of Bitcoin’s market capitalization. Key Takeaways National Debt In an alarming turn of economic events, the US has witnessed its national debt surge by a staggering $275 billion in a mere 24 hours, pushing the total to a record-high of $33.44 trillion. This …
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Bitcoin set for Major Moves: Q4-2023 Price Predictions and Factors in Play
Bitcoin’s Q4 2023 outlook remains uncertain, with experts divided. Jason Pizzino suggests Bitcoin may surpass $42,000 but warns of potential corrections. Key Takeaways Decade of Bitcoin & Halving Anticipation Approaching its second decade, Bitcoin witnesses a plethora of expert price predictions. Central to these forecasts is the much-anticipated Bitcoin halving. However, given the limited historical data and changing regulatory landscape, …
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Busan’s Vision to Transform into a Global Blockchain Hub
Busan, South Korea, aims to become a global blockchain city with initiatives like Ethereum-compatible blockchain, regulation, innovation zones, and education. Key Takeaways Comprehensive Strategic Development To manifest its ambitious vision, Busan has devised a meticulous strategy that encompasses: The city is formulating an Ethereum-compatible blockchain mainnet that endeavors to amalgamate blockchain services from disparate mainnets onto a unified platform, catalyzing …
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DOGE Approaches Key Resistance Amid Bull-Bear Tussle
Dogecoin (DOGE) faces a pivotal moment as it hovers near a resistance level at $0.06450. Technical indicators suggest potential bullish movement, but bears are resisting. Key Takeaways Introduction The price war between bullish and bearish forces is reaching a crucial juncture as Dogecoin (DOGE) hints at challenging a pivotal resistance level. Despite a minor decline of 0.22% in its value …
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FTX Aims to Sell $3.4 Billion in Bitcoin, Ether, SOL
Cryptocurrency prices decline amid worries that FTX may sell $3.4 billion in assets to repay creditors, with Bitcoin, Ethereum, and other major tokens experiencing losses. Key Points Cryptocurrencies experienced a significant decline on Monday amid concerns over potential selling pressure from digital asset exchange FTX. Investors are wary that FTX may receive regulatory approval to sell its $3.4 billion worth of …
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Report Record Number of 48.5 Million Bitcoin Holders
Despite recent price fluctuations, Bitcoin hits a record 48.5 million holders, with whales accumulating more BTC and boosted investor confidence. Key Points In the ever-volatile space of digital assets, the largest cryptocurrency by market cap, Bitcoin (BTC), has captured the attention of crypto enthusiasts as the number of BTC holders reaches a staggering 48.5 million, exceeding the entire population of …
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Survey Finds That 46% of Investors Believe Ether Will Outperform Bitcoin
Recent surveys show that a majority of Americans believe Bitcoin will surpass its previous high, while Ethereum is expected to experience significant growth. A recent survey has revealed interesting insights into American attitudes toward cryptocurrencies. The survey found that 78% of respondents believe that Bitcoin will surpass its previous record high. However, only 23% of them believe it will happen …
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