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Showing posts from May, 2023

Most Important 3 Crypto Projects for June 2023

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  As June 2023 approaches, the crypto markets appear to be transitioning towards an upbeat period. After an April performance phase that was really strong, May was a touch rocky. For investors, this summer may hold a lot of shocks. The most horrific market crashes in history occurred over the past summer, which was followed by the failure of numerous businesses. One year later, nevertheless, the markets appear to have healed, albeit with some scars. After saying that, let's look at the... June's Top Crypto Projects Litecoin The halving event for Litecoin (LTC) is scheduled for August 10. The event will cut the incentives given to LTC miners in half, from 12.5 to 6.25 LTC. Similar to Bitcoin (BTC), the price of LTC could increase as a result of its halving event. Demand may raise value as supply declines. However, unlike prior halving occasions, miners are not yet stockpiling LTC tokens. Instead, the miners have been able to see their assets. This might put the planned price inc

Tether will begin mining bitcoin in Uruguay

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  Tether [USDT], the biggest stablecoin in the world, has generated a lot of buzz as a result of its propensity for Bitcoin [BTC]. The stablecoin issuer just disclosed its $1.5 billion Bitcoin reserve. The network also disclosed that up to 15% of its earnings would be used to buy the king coin. Tether just announced that it would begin operating bitcoin mining operations in Uruguay, which is yet another BTC-friendly step. The stablecoin issuer recently announced that it had partnered with a legally recognized business in the area. The firm's precise name, nevertheless, was kept a secret. Tether's CTO, Paolo Ardoino, expounded on this collaboration and said, “By harnessing the power of Bitcoin and Uruguay’s renewable energy capabilities, Tether is leading the way in sustainable and responsible Bitcoin mining. Our unwavering commitment to renewable energy ensures that every Bitcoin we mine leaves a minimal ecological footprint while upholding the security and integrity of the Bit

Why Have Holders Increased 90% Even Though Top NFTs Have Dropped 95%?

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  Numerous well-known non-fungible tokens (NFTs) have seen a sharp decline in value during the past year. The pattern is consistent with the depreciating value of assets in the metaverse in 2023. Last year, metaverse properties were thought to be the best virtual places for investment. Popular NFT projects including Doodles, Invisible Friends, Moonbirds, and Goblintown have lost up to 95% of their value. The value of blue chip NFT collections alone has decreased by an average of more than 40%. The Blue Chip Index declined from its peak of 12,394 ETH in July 2022 to 7,446 ETH, according to NFTGo statistics. Despite this, non-fungibles investors are unconcerned by the continuous value decline. Blue chip NFT holders have climbed by more than 90% during the past year. During this time, the number of suppliers increased by 32% while the number of customers decreased by 30%. Why are NFT holders becoming more numerous? Although some predict a prolonged and deeper decrease in NFT pricing, some

Dogecoin trade volume surpasses Pepe Coin and Shiba Inus; $1 soon?

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  The transaction volume of Dogecoin (DOGE), the original memecoin, has increased. The majority of the activity was caused by huge wallets, or whales. Compared to Shiba Inu (SHIB) and Pepe Coin (PEPE), DOGE's transaction volume was significantly higher. Fans and investors of DOGE can now breathe a sigh of relief after the asset experienced a recent rise in volume and price. The amount of significant trades reached $1.06 billion on May 28, as a result of DOGE whale activity, strengthening the confidence of holders. On-chain activity has decreased for Shiba Inu and PEPE, which in April and May became DOGE's major competitors. In addition, 50% of Dogecoin (DOGE) owners are making money, claims IntoTheBlock. Nevertheless, 46% of holders are still in the red, while 4% have turned a profit. Data from IntoTheBlock also revealed that while network growth has slowed by 0.16%, the number of persons in profits has climbed by 4.24%. Doge (DOGE) will it ever reach $1? A rise of 1263.83% fro

Shiba Inu: 200 million SHIB tokens are burned by Coinbase

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  Shiba Inu burns are still happening often. However, there has been a minor decline in their magnitude. For instance, within the past week, over 2,915,482,121 SHIB tokens were burned. The same shows a decline of 51.48%. However, there has been a small improvement over the last day, as the rate has increased by 1447.70%. Over the previous day, quite a few notable burns have occurred. One of them took place 13 hours ago and involved a 200 million burn. The name "Coinbase 10" flashed on-chain in the public name tag connected to the from address. In one important transaction, the wallet transferred a total of 200,583,666 SHIB to a dead wallet. The previous day saw a plethora of such transactions. 727k to 16.3 million tokens were burned in total. Particularly intriguing was the deal involving the second-largest amount of tokens. A wallet that had been idle for over two years [520 days to be exact] suddenly woke up and burned all of its assets in a single transaction. The contents

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Ethereum: In under two minutes, a dormant wallet transfers 8,000 ETH worth $15 million.

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  A participant in the Ethereum ICO who had not been active for around 8 years recently started. He moved all 8000 ETH tokens to a different address, according to the smart money tracking service LookChain. They were valued $14.7 million all together. Two separate transactions were used to complete the transfer. One Ethereum was transmitted to a new wallet in the first transfer, which may have been a test transfer. The member transferred the remaining 7,999 ETH to the new wallet address a minute later. Participants who got ETH more recently are still clinging to their holdings even after the ICO whale address was triggered after eight years. In terms of the overall picture, the last active supply in two to three years hit a 17-month high of 12,574,250.338 ETH. The increase in the circulating supply, which last occurred between two and three years ago, indicates that the previously dormant ETH supply is currently increasing.

ZALE'S EXCHANGE

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Six weeks after testnet launch, ARPA whale sells 50 million tokens, causing a 38% price drop.

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  Price movement data on May 28 shows that ARPA, the native currency of ARPA Network, a blockchain agnostic provider of decentralized computing services, is down 12% from the previous trading day and quickly reversing losses incurred in the previous three sessions. ARPA cuts back 38% The quick token dumps by a whale on Binance, the largest cryptocurrency exchange in the world, are to blame for the recent dramatic decline in ARPA values. A whale in the cryptocurrency world is a person who owns a significant portion of a particular token or coin, in this case, ARPA. At $0.08040 as of this writing on May 28, ARPA is under pressure and noticeably down 38% from May highs, reversing gains made in early May. Price action information on the daily chart, in particular, reveals a wide-ranging, bearish engulfing bar on May 27, during which ARPA dropped 34%. The apparent collapse happened at the same time the ARPA whale sold tokens in large quantities on Binance. An on-chain tracker shows that the

Binance launches the switch to the new platform in Japan.

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  The action comes after Sakura Exchange Bitcoin, a licensed cryptocurrency exchange, was purchased in November 2022. The cryptocurrency exchange Binance has started the process of creating a new, fully-licensed subsidiary in Japan after spending five years absent from the market. The action comes after Sakura Exchange Bitcoin (SEBC), a regulated cryptocurrency exchange, was purchased in November 2022. In accordance with the agreement, SEBC will stop providing its present services by May 31 and relaunch as Binance Japan in the following weeks. Users in the nation who access the exchange's international platform must register with the new organization. The migration will be accessible starting on August 1, 2023, and it will come with a new identification verification procedure to satisfy regional specifications. Beginning in June, any money that are still on the SEBC exchange will be immediately converted to Japanese yen and remitted to customers' bank accounts. The exchange'

How Long Will It Take to Mine the Last Bitcoin?

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  Over the past ten years, cryptocurrencies have swept the globe, with Bitcoin setting the pace. Everyone is curious as to when the final Bitcoin will be mined given that there are already over 18 million in use. Bitcoin, which was first created in 2009 by an unidentified individual or group of persons under the alias Satoshi Nakamoto, has grown to be the most well-known and valued cryptocurrency in the world. One of the distinguishing characteristics of Bitcoin is its finite supply, which is capped at 21 million units. What is the current Bitcoin supply and how many more need to be mined? Before we draw assumptions on when the final Bitcoin will be mined, let's first assess the current state of the Bitcoin supply. Approximately 18.8 million bitcoins were in use as of September 2021, making up about 89% of the total quantity. Around 2.1 million bitcoins, or the remaining 11%, still need to be mined. The Bitcoin protocol, which determines the mining rate, controls the creation of ne

Steps are being taken by Ethereum toward the upcoming Cancun upgrade.

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  Ethereum has made some crucial moves toward its forthcoming Cancun upgrade after its widely reported Shapella upgrade earlier this year. Additionally, the development ought to have a substantial effect on the network's structure.  A number of Ethereum Improvement Proposals (EIPs) have recently been explored by Ethereum core developers. Therefore, these talks and the coordination conversations surrounding their inclusion represent a significant advancement for the upgrade. Another Ethereum Improvement Advances Few blockchain networks have made the kind of radical improvements to their utility that Ethereum has. Additionally, the network experienced a major milestone with the Shapella upgrade. Another step in the blockchain's evolution is now quickly approaching. In particular, Ethereum has made a significant progress toward its upcoming Cancun upgrade. In fact, U.Today noted that the impact analyses of two EIPs, 4758 and 6780, have been the focus of discussions. These prospect

The Bitcoin Conference, which brings together Bitcoiners from all around the world, is moving to Music City the next year.

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  Buy tickets: https://b.tc/conference/ Nashville, Tennessee will play host to The Bitcoin Conference, the biggest and most renowned gathering of the Bitcoin industry, from July 25–27, 2024. The choice to relocate the conference to Nashville highlights the efforts made by the organizers to spread awareness of Bitcoin adoption beyond the conventional financial areas. The conference intends to bring together thought leaders, business professionals, and industry specialists in examining the virtually endless possibilities afforded by Bitcoin, with a focus on encouraging local adoption. In his optimistic assessment of Nashville's prospects for Bitcoin growth, David Bailey, CEO of Bitcoin Magazine, said, "We believe that Nashville possesses the ideal blend of freedom-loving mindset and entrepreneurial spirit that will enable Bitcoin to thrive." Nashville is becoming a hotbed for bitcoin acceptance because to the organizers' strong collaboration with neighborhood eateries a

If Mexico Accepts the New Currency, BRICS May Enter the Latin American Market

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  The U.S. dollar might be headed for collapse if BRICS currency gains market share in Latin America. According to Bloomberg, Mexico and 18 other nations have expressed a desire to join the BRICS partnership and accept the new currency. If the five countries in the BRICS opt to accept new members, BRICS might soon become BRICS+. The action will strengthen BRICS and put the G7 Western countries to the test in terms of GDP and purchasing power parity (PPP). The entry of Mexico in the BRICS might upset the established international financial systems, paving the path for a new world order. As part of BRICS+, if Mexico accepts the BRICS currency for cross-border transactions, that may pave the way for the new currency to enter other Latin American markets. If the change occurs this year, the U.S. dollar could suffer the most. What would occur if Mexico accepted BRICS money? The BRICS membership of Mexico could improve its trade relations with other developing countries in Asia and Africa. T

In 2023, Binance plans to open a crypto exchange in Thailand.

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  Binance plans to open a Thai cryptocurrency exchange in 2023 following recent regulatory compliance. In addition, the exchange recently secured a digital asset operator license from the Thai Ministry of Finance and launched a joint venture with Gulf Innova Co.  The license has made it possible for a bitcoin exchange to establish itself in the nation. Currently, Thailand's Securities and Exchange Commission (SEC) oversees the regulation of cryptocurrency businesses. Binance has since guaranteed that the new platform will adhere to the nation's regulatory rules. Thai Crypto Exchange to Be Launched by Binance The expansion of one of the biggest bitcoin trading platforms on the planet is now underway. In particular, Binance plans to open a Thai cryptocurrency exchange in 2023. Additionally, the platform is anticipated to make its public debut in the fourth quarter of the year.  More details on the impending crypto change will be made public as it approaches, according to Binance.

Will LTC Reach $100 When Litecoin Halved in 2 Months?

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  Despite losing 4.8% over the past week, Litecoin (LTC) is still up almost 10% on the 14-day charts. However, many believe that the asset will appreciate in value as the LTC halving event approaches. This year's LTC halving will occur on block number 2,140,000 on August 10. During the upcoming halving event, block rewards paid to Litecoin miners in exchange for validating transactions will be halved. From 12.5 LTC to 6.25 LTC in rewards. Cryptocurrency miners typically attempt to raise their reserves as the halving date approaches. Additionally, halving occasions like Bitcoin's (BTC) frequently result in a price increase. However, this time around, there hasn't been the usual development of miners stockpiling tokens. On-chain data raters demonstrate the opposite, namely that miners are giving up their reserves. Data from IntoTheBlock shows that Litecoin (LTC) miners have sold close to 680,000 LTC just in May 2023. Given the recent increase in LTC prices, it's possible

Bitcoin miners sell 1,000 BTC as the price falls below $27,000

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 The biggest cryptocurrency in the world, Bitcoin [BTC], has had difficulty finding support at $27K. The asset was often spotted slipping below this mark, which led to market pandemonium. The price of the king coin was $26,408.53 at the time of publication, a meager increase of 0.71%.  There are a number of reasons for the sharp decline in Bitcoin's price, including macroeconomic issues that have significantly impacted BTC. One such element is the persistent worry about the US debt ceiling, which has had a negative impact on the price of the cryptocurrency. Many have emphasized the potential for BTC to fall even more if the debt ceiling issue persists. Additionally, it has been seen that Bitcoin miners are selling off their holdings, which adds to the downward pressure on the price of BTC. These elements together have contributed to the current drop in the value of Bitcoin. Twitter was used by cryptocurrency expert Ali to alert the public that Bitcoin miner reserves were "depl

BRICS Currency to be Adopted by Algeria?

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Could Algeria join and use the growing BRICS currency as the BRICS bloc has consistently had the idea of growth in mind? The country might then join a plethora of other nations that are vying for membership in the group.  More than 20 countries are rumored to have submitted membership applications to join the group as the yearly summit approaches quickly. Now, may Algeria be on the verge of joining the group given its position and connections to the BRICS countries? Will Algeria Join the BRICS? Algeria officially declared its BRICS membership quest in November 2022. The nation was then scheduled to join the economic group that already included South Africa, Brazil, Russia, India, and China. The two main members of the group had since expressed optimism on the possibility of the country joining. Sergey Lvrov, the foreign minister of Russia, said specifically, "With its qualifications, Algeria is a leading contender," to join the union. In addition, with the summit just a few m

The ninth-largest DEX Chain by Trading Volume is now Cardano.

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  Cardano, a blockchain that continues to gain popularity, is now ranked as the ninth-largest decentralized (DEX) blockchain in the world by trading volume. Furthermore, according to data from DeFiLlama, the chain's volume over the previous 24 hours exceeded the $12 million threshold. Its weekly average is consequently set at $50 million.  Cardano is glancing at Tron, who is seated one place above them, after jumping Fantom. Additionally, its ascent is a cherry on top for the chain itself. demonstrating its allure to a variety of users and projects. Cardano Breaks Into Top 10 DEX Chains Worldwide Over time, both the decentralized sector and the market for digital assets have grown quickly. In addition, with new cryptocurrencies appearing every day, the sector as a whole is continually growing and evolving. However, one blockchain appears to be getting some traction. By trade volume, Cardano is currently the ninth-largest DEX blockchain in the world. Therefore, Minswap, which has gr

Uruguay to Join the BRICS and Adopt the Rupee in 2023?

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Could Uruguay join the group and adopt the BRICS currency given that the BRICS bloc is actively debating expansion? Several nations have filed membership requirements to join the ranks of the BRICS nations, which are currently comprised of Brazil, Russia, India, China, and South Africa. Others, meanwhile, openly endorse the goal of de-dollarizing in order to weaken the US Dollar. Will Uruguay Adopt the BRICS Currency and Join It? Uruguay is already a part of the BRICS-founded New Development Bank (NDB). Therefore, if expansion talks proceed, the South American country might be a candidate to join the BRICS Alliance. Uruguay would probably jump at the chance to join a burgeoning global powerhouse. It is already known that Venezuela, Argentina, and other South American nations are interested in joining Brazil in the BRICS group. Uruguay, on the other hand, has remained relatively under the news radar as BRICS has recently taken center stage. However, as an NDB member, Uruguay will probab

China Opens Metaverse Platform Supported by the Government

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A brand-new metaverse platform with support from the government has been launched in Nanjing, the provincial capital of Jiangsu, China. To further progress in the industry nationwide, the China Metaverse Technology and Application Innovation Platform is planned. The Nanjing University of Information and Science Technology (NUIST) is in charge of the new initiative. A formal announcement also listed the platform's initial members. All of them represented various academic institutions and businesses based in the metaverse across the nation. State-Backed Metaverse Platform Unveiled in China A government-backed metaverse platform was introduced in China, which is a really intriguing move for the nation and the sector. Additionally, it is planned to pool the resources of numerous academic organizations and institutions around the nation. subsequently, with the intention of the industry developing further.  A vast collection of virtual experiences and environments can be found in the met

What would occur if Saudi Arabia accepted BRICS money?

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  The BRICS coalition wants to establish a new currency to settle international trade and unseat the U.S. dollar as the dominant reserve currency. The U.S. dollar might drop first if other nations start to trust the new BRICS currency. A new world order will be created as the East will overtake the West in terms of financial power. According to Bloomberg, Saudi Arabia is one of the 19 nations attempting to embrace the new currency and join the alliance. Saudi Arabia might have a significant impact on the U.S. if it joins BRICS or engages in trade using the unreleased currency. If Saudi Arabia accepts the currency, what might happen? Saudi Arabia's inclusion would increase the BRICS bloc's economic clout. Saudi Arabia is one of the biggest producers and exporters of oil in the world, and it has large oil and natural gas reserves. As a result, there may be more chances for trade and investment among the BRICS nations and their energy cooperation may improve. Due to Saudi Arabia&#

What You Need to Know About ShibaSwap 2.0 from the Shiba Inu Team

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  The crew was developing a new version of ShibaSwap, according to a message posted on the Shibarium Telegram channel by community member "Ragnar" of the Shiba Inu (SHIB) breed. For the SHIB ecosystem, ShibaSwap serves as a decentralized exchange (DEX). The mail did note that ShibaSwap 2.0 would require a new security assessment from CertiK prior to being made available. When the audit is through, they "will be closing many fudders' mouths," according to Ragnar. What improvements will be made to Shiba Inu's Shibaswap 2.0? ShibaSwap's creator, Eric M, stated that the new edition will have innovative, improved designs. There will be a crypto gateway on the new DEX as well. The portal will act as a distribution point for graphs, data, news, and trends. It is unclear, meanwhile, if the webpage will only publish information relating to Shiba Inu or the wider cryptocurrency industry. Nevertheless, the team has not provided a debut date, just like with other Sh

Is a Bull Market Coming for Chainlink Prices? Whales Encourage Recovery

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  Chainlink (LINK) has had a bearish during the previous month. However, Chainlink's stock seems to be recovering after a sharp decline into the red in the middle of May. Notably, the asset fell from $8.57 to a low of $6.37 between April 11 and May 11. However, many coins that have also lost during the previous month are starting to recover, and bulls are starting to regain market control. One of these is Chainlink's native token, which has slowly increased over the last 24 hours to return to $6.51. Currently, Chainlink's market capitalization is thought to be $3.35 billion. The 24-hour trading volume of LINK has increased by 80.93% over the previous day. This denotes the market's return to intense trading activity, particularly among bulls. The markets also suggest that Chainlink whales may be trying to amass a large amount of LINK. Trading is taking place above the Moving Average Convergence/Divergence (MACD) signal line of 6.536. The fact that LINK whales are back is

Customers Have 30 Days to Withdraw Funds After Hotbit Exchange Suspends Operations

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  Centralized cryptocurrency exchange CEX, situated in Hong Kong, has more than five million users. Hotbit declared that "it is time to take a bow." The platform is ceasing operations and is providing its users one month to withdraw the remaining monies they have on it. The exchange's team detailed what was going on in a tweet that was sent three hours ago, outlining the factors that led them to make the difficult decision to quit the cryptocurrency market. Overall, the exchange is leaving the market after a little more than five years of operation. At 4:00 UTC today, May 22, operations will end. Users have until June 21 (one month from now), according to the tweet, to withdraw their money from Hotbit. Three main reasons were given by the platform's crew for ceasing operations. The first is a general deterioration in operating conditions. In August of last year, the probe forced the team to stop working on Hotbit. Back then, a former Hotbit employee started their own

CEO of Marathon Fred Thiel: Biden's 30% Bitcoin Mining Tax Plan Won't Work

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  The yearly budget plan outlining President Joe Biden's policy priorities for the upcoming year was released in March. The suggestion mentioned crypto mining in relation to the digital asset sector. A 30% levy on all electricity used to mine Bitcoin and other cryptocurrencies was specifically demanded by Biden. Biden's tax plan, however, won't work, according to Fred Thiel, CEO of Marathon Digital. The Marathon CEO alluded to the administration's desire to target the Bitcoin ecosystem in an interview given during the Bitcoin Miami Conference. He listed the possible effects and said, In reality, Thiel continued by implying that Marathon already plans to expand outside of the United States. It is important to remember that the SEC has issued another subpoena to the Bitcoin mining company at this point. The company suggested that the filing might be connected to its 100-megawatt data center in Hardin, Montana, in its most recent quarterly report. However, the company decl

India's Crypto Advocacy Group Pushes For Exchanges To Regain UPI Access

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The Indian government has taken an ambivalent stance regarding the bitcoin market. They first levied a 30% tax on digital assets before making life even more difficult for crypto aficionados. The Unified Payments Interface (UPI) was indirectly halted by the National Payments Corporation of India (NPCI). The restoration of UPI access for cryptocurrency exchanges is being pushed for by an Indian advocacy group for cryptocurrency. The industry is undoubtedly given new life by this. It has recently come to light that recommendations urging the reinstatement of UPI access for cryptocurrency exchanges have been sent to the Indian government and central bank. These suggestions emphasize the significance of enabling secure and controlled transactions between cryptocurrency exchanges and banking channels. India created the Bharat Web3 Association [BWA] in November 2022. This advocacy group is in charge of regulating the cryptocurrency and Web3 industries. The BWA has offered the government two

What does Bitcoin Pizza Day entail?

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  On May 22nd of each year, we observe Bitcoin Pizza Day. Today is a significant day for the original Bitcoin and its idea. It's a noteworthy event. Pizza Day commemorates the first-ever Bitcoin transaction for a physical good. Programmer Laszlo Hanyecz made history by paying 10,000 BTC for two Papa John's pizzas back in 2010. At the time, it was valued around $41. This event has gained a lot of attention among cryptocurrency aficionados worldwide and is quite significant in the world of cryptocurrencies. Bitcoin Pizza Day's history Let's start by exploring the history of Bitcoin Pizza Day. Early adopter of Bitcoin, Laszlo Hanyecz saw its potential as a medium of exchange for regular transactions. He made the decision to use Bitcoin to make a physical purchase in order to test this notion. What did he decide? Pizza! Hanyecz offered 10,000 BTC to anyone who would buy him a few pizzas in a post on the Bitcoin Talk site. It didn't take long for a forum user to accept t

Binance will stop operating in the Canadian market.

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  The network said today that Binance will leave the Canadian market. “We would like to thank those regulators who worked with us collaboratively to address the needs of Canadian users,” the tweet from Binance says. “Albeit a small market, it held sentimental value for us as the home country of our founder.” Binance also announced :  We had high hopes for the rest of the Canadian blockchain industry. Unfortunately, new guidance related to stablecoins and investor limits provided to crypto exchanges makes the Canada market no longer tenable for Binance at this time. We put off this decision as long as we could to explore other reasonable avenues to protect our Canadian users, but it has become apparent that there are none. Emails describing how their Binance accounts would be affected are now being sent to the remaining Canadian Binance users. Binance disagrees with Canada's recent push for greater regulation of cryptocurrency exchanges. This is the reason Binance is leaving the Can

Shiba Inu Allows 150 Million New Users Access

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  Shiba Inu (SHIB), a B2B solution offering top-up and data services, will now be accepted for mobile top-up, according to Alpha Topup. According to the website for Alpha Topup, there are 150 million users in 160 different countries. The company also boasts a network of more than 1200 mobile providers. According to Alpha Topup's official tweet, SHIB was the "hottest meme coin of the year." Shiba Inu (SHIB) could potentially gain access to a completely new customer base as a result of the advancement. SHIB is without a doubt one of the most well-known cryptocurrency ideas out there. As a result, several businesses have explored integrating SHIB payments into their daily operations. The SHIB Army, as SHIB supporters are known, has established itself as a powerful force in the cryptocurrency world. They have frequently collaborated to achieve the project's shared objectives. It is not unexpected to see a variety of businesses making an effort to capitalize on SHIB's

Step by step instructions to Add and Mint BRC-20 Tokens on UniSat

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  Here we will give a detailed tutorial on how to add and mint BRC-20 tokens to your UniSat wallet. Step by step instructions to Set up UniSat Wallet for BRC-20 Tokens With the presentation of the BRC-20 symbolic norm, Bitcoin is currently in excess of a store of significant worth. The development, made by the appearance of Ordinals on the Bitcoin Organization, has released the capability of new BTC-based tokens. As of now, designers have begun sending tokens on the organization, and you can exchange them without any problem. Since Bitcoin isn't EVM-viable, BRC-20 tokens must be sent on a local Bitcoin program expansion or wallet. An illustration of such a wallet is UniSat, the primary open-source program expansion wallet for Bitcoin Non-Fungible Tokens (NFT). Through Ordinals' advancement, clients can now store BRC-20 tokens close by NFTs in the wallet. This is the way to set up your UniSat wallet to begin putting away, exchanging, and stamping your BRC-20 tokens: Open the Uni

Bitget launches Super Airdrop: Exclusive new benefits for BGB holders

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 Super Airdrop, a new feature for Bitget's platform token BGB, has been launched. Bitget is a leading cryptocurrency derivatives and copy trading platform. Any new crypto asset posted on Bitget will be airdropped to qualified BGB holders as a result of this new feature. The marketing for the Super Airdrop feature will begin on May 8, 2023. In order to acquire their free airdropped tokens for the following crypto asset listed on Bitget, BGB holders are urged to deposit in advance. On Bitget's announcement page, you may find further information regarding minimum BGB holdings BGB holders can benefit from airdrops of any new crypto asset published on Bitget thanks to Super Airdrop. BGB holders must have held a minimum of 4,000 BGB for 15 days in a row prior to the airdrop registration in order to be eligible for the Super Airdrop awards. Based on registrants' typical BGB holdings over the course of the 15-day qualification period, Bitget will choose which allocations to give th

Bitget introduces the BRC20 zone and lists Ordinals (ORDI).

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 The leading derivatives and copy trading platform, Bitget, has announced plans to add further attractive BRC-20 tokens to its platform as well as the listing of the ORDI token in the recently established BRC-20 zone. A new round of Launchpad including Bitcoin Improvement Proposals 1 (BIP1), another BRC-20 token, has been introduced by Bitget in addition to ORDI to promote the ongoing development of the Bitcoin ecosystem. One of the newest trends in the market is the BRC-20 standard, a new fungible token created for the Bitcoin network. The crypto industry will undergo a transformation thanks to this new token standard. BRC-20, a Bitcoin coin based on the Ordinals protocol, enables users to add various types of data to each Satoshi, including text, images, audio, and video. Despite the Bitcoin block size constraint, the protocol intends to encrypt information primarily as NFTs and tokens on the BTC chain. Users will be able to build and manage more effective and secure blockchain-based