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๐Ÿš€๐Ÿš€ Flare Network, a popular layer one blockchain, is making waves in the crypto world with its focus on integrating external data into blockchain systems. CEO Hugo Philion, a former finance professional turned crypto enthusiast, is leading the charge. ๐ŸŒ๐ŸŒ Philion's transition from finance to blockchain was driven by a desire for more meaningful work. He found his calling in blockchain technology and machine learning, eventually co-founding Flare Network. ๐ŸŽ“๐ŸŽ“ Flare's mission? To tackle the complex task of incorporating external data into blockchain systems. Philion believes that using a centralized party to handle data defeats the purpose of blockchain, which is meant to be decentralized. ๐Ÿ’ก๐Ÿ’ก Flare is working to decentralize the data validation process, moving away from traditional, centralized oracles. The network recently released a deep dive on the shift to Flare Time Series Oracle V2, which enables 1000 prices with 90-second anchor updates and one block optional streaming updates. ๐Ÿ“Š๐Ÿ“Š Philion is also excited about the convergence of AI and blockchain, believing that blockchain can genuinely improve what currently exists in the AI space. He sees potential for blockchain to contribute to the creation of unbiased, verifiable AI systems. ๐Ÿค–๐Ÿค– On the topic of Bitcoin, Philion reveals that Flare Network holds a lot of Bitcoin as an organization, a decision that has paid off for them. He also sees the Bitcoin ecosystem as one that will truly appreciate Flare's decentralized data. ๐Ÿ“ˆ๐Ÿ“ˆ So, keep your eyes on Flare Network as they continue to push the boundaries of blockchain technology! ๐Ÿš€๐Ÿš€

๐Ÿš€๐Ÿš€ Flare Network, a popular layer one blockchain, is making waves in the crypto world with its focus on integrating external data into blockchain systems. CEO Hugo Philion, a former finance professional turned crypto enthusiast, is leading the charge. ๐ŸŒ๐ŸŒ

Philion's transition from finance to blockchain was driven by a desire for more meaningful work. He found his calling in blockchain technology and machine learning, eventually co-founding Flare Network. ๐ŸŽ“๐ŸŽ“

Flare's mission? To tackle the complex task of incorporating external data into blockchain systems. Philion believes that using a centralized party to handle data defeats the purpose of blockchain, which is meant to be decentralized. ๐Ÿ’ก๐Ÿ’ก

Flare is working to decentralize the data validation process, moving away from traditional, centralized oracles. The network recently released a deep dive on the shift to Flare Time Series Oracle V2, which enables 1000 prices with 90-second anchor updates and one block optional streaming updates. ๐Ÿ“Š๐Ÿ“Š

Philion is also excited about the convergence of AI and blockchain, believing that blockchain can genuinely improve what currently exists in the AI space. He sees potential for blockchain to contribute to the creation of unbiased, verifiable AI systems. ๐Ÿค–๐Ÿค–

On the topic of Bitcoin, Philion reveals that Flare Network holds a lot of Bitcoin as an organization, a decision that has paid off for them. He also sees the Bitcoin ecosystem as one that will truly appreciate Flare's decentralized data. ๐Ÿ“ˆ๐Ÿ“ˆ

So, keep your eyes on Flare Network as they continue to push the boundaries of blockchain technology! ๐Ÿš€๐Ÿš€

ุฅุฎู„ุงุก ุงู„ู…ุณุคูˆู„ูŠุฉ: ุชุชุถู…ู† ุขุฑุงุก ุฃุทุฑุงู ุฎุงุฑุฌูŠุฉ. ู„ูŠุณุช ู†ุตูŠุญุฉู‹ ู…ุงู„ูŠุฉ. ูŠูู…ูƒู† ุฃู† ุชุญุชูˆูŠ ุนู„ู‰ ู…ูุญุชูˆู‰ ู…ูู…ูˆู„.ย ุงุทู„ุน ุนู„ู‰ ุงู„ุดุฑูˆุท ูˆุงู„ุฃุญูƒุงู….
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๐ŸŽ‰๐Ÿš€Whoopee! A mystery trader has hit the jackpot, raking in a whopping $46 million profit from PEPE, a meme coin based on Solana, in just one year! That's a staggering 15,718x gain! ๐Ÿค‘๐Ÿ’ฐ On April 15, 2023, this savvy trader scooped up 4.9 trillion PEPE tokens for less than $3,000. Fast forward to today, those tokens are now worth a cool $56 million! ๐Ÿ“ˆ๐Ÿ’ธ The trader has since sold off 1.41 trillion PEPE tokens, pocketing $7.4 million. But don't worry, they're still sitting on a PEPE stash of 3.5 trillion tokens, valued at a neat $38.9 million. ๐Ÿคฉ๐Ÿ’ผ The PEPE coin has been on a roll, hitting a new all-time high of $0.00001151 on May 15. As of now, it's trading at $0.00001101, up 5.8% in the last 24 hours. With a total market cap of $4.7 billion, PEPE is the 27th largest cryptocurrency. ๐Ÿš€๐ŸŒ• This PEPE frenzy was fueled by Roaring Kitty, the trader famous for sparking the 2021 GameStop rally. His cryptic post on X was seen as a green light for meme coins, triggering a rally in PEPE, Dogecoin (DOGE), Shiba Inu (SHIB), and Floki (FLOKI). ๐Ÿฑ๐ŸŽฎ But it's not just our mystery trader cashing in on the PEPE rally. Whales and early investors have been making a beeline to bank their profits. One early investor transferred 250 billion PEPE, worth $2.69 million, to Binance, while another whale sold 123.7 billion PEPE for 1.31 million USDC. ๐Ÿณ๐Ÿ’ฐ So, here's to the power of meme coins and the magic of crypto! ๐Ÿฅ‚๐ŸŽ‰
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๐Ÿš€๐Ÿš€BTC enthusiasts, here's the scoop! Polkadot's recent rejection from its 200-day moving average has caused a significant downturn, bringing the cryptocurrency's price closer to the lower boundary of its sideways trading range, marked at $6. ๐Ÿ“‰ The daily chart reveals a prolonged sideways consolidation phase, with crucial resistance at $7.5 and critical support at $6. As the cryptocurrency now approaches the lower boundary of the range, sellers are poised for a potential bearish breakout. ๐Ÿ˜ฑ The 4-hour chart shows a sharp decline, nearing the wedgeโ€™s lower limit. However, Polkadot is now teetering on the edge of breaking below this crucial demand zone, hinting at a potential fresh bearish momentum. ๐Ÿ˜จ Despite this, considerable demand near this key level leaves room for a bullish rebound, potentially leading to a retracement towards the patternโ€™s upper trendline. ๐Ÿ“ˆ Sentiment analysis shows that both Open Interest (OI) and funding rates have significantly decreased, fluctuating near their lowest points. This suggests that the futures market may be ripe for aggressive futures positioning, possibly triggering a substantial market shift. ๐Ÿค” So, if the ongoing consolidation phase culminates in heightened demand and an influx of long positions, it could signal the start of a noteworthy bullish trend. Conversely, if the current steady price action results in the reinstallation of short positions, a cascade will be the most probable outcome. ๐ŸŽข Stay tuned, BTC lovers! ๐Ÿš€๐ŸŒ•
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