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๐Ÿš€Buckle up, BTC enthusiasts! Polkadot is making waves in the crypto world with a record-breaking number of active addresses on its blockchain! ๐ŸŽ‰ According to Parity Data, Polkadot has amassed over 605,200 active addresses. ๐Ÿ“ˆ Moonbeam, the cross-chain smart contract platform, takes the lead with around 248,000 addresses. Following closely are 191,000 addresses directly established on Polkadot. ๐ŸŒ• The decentralized IoT network 'Nodle' comes next with 66,063 active addresses, trailed by Polkadot's top parachain protocol Astar, and decentralized liquid staking protocol Bifrost with 24,262 and 16,907, respectively. ๐ŸŒ Polkadot's tweet on the milestone reads, "Activity continues to grow in the Polkadot ecosystem... Polkadot is about flexibility without compromising on resilience." ๐Ÿฆ Moreover, the number of unique accounts holding non-zero balances is on the rise, surpassing 5.59 million by the end of March. However, total transactions on the network remain relatively subdued. ๐Ÿ“Š In other news, Polkadot's native DOT token is on a modest recovery, up by nearly 5% in the past 24 hours. Palo Alto venture capital firm Electric Capital even named DOT as a crypto to watch in the upcoming cycle. Keep your eyes peeled, folks! ๐Ÿ‘€๐Ÿš€

๐Ÿš€Buckle up, BTC enthusiasts! Polkadot is making waves in the crypto world with a record-breaking number of active addresses on its blockchain! ๐ŸŽ‰ According to Parity Data, Polkadot has amassed over 605,200 active addresses. ๐Ÿ“ˆ

Moonbeam, the cross-chain smart contract platform, takes the lead with around 248,000 addresses. Following closely are 191,000 addresses directly established on Polkadot. ๐ŸŒ•

The decentralized IoT network 'Nodle' comes next with 66,063 active addresses, trailed by Polkadot's top parachain protocol Astar, and decentralized liquid staking protocol Bifrost with 24,262 and 16,907, respectively. ๐ŸŒ

Polkadot's tweet on the milestone reads, "Activity continues to grow in the Polkadot ecosystem... Polkadot is about flexibility without compromising on resilience." ๐Ÿฆ

Moreover, the number of unique accounts holding non-zero balances is on the rise, surpassing 5.59 million by the end of March. However, total transactions on the network remain relatively subdued. ๐Ÿ“Š

In other news, Polkadot's native DOT token is on a modest recovery, up by nearly 5% in the past 24 hours. Palo Alto venture capital firm Electric Capital even named DOT as a crypto to watch in the upcoming cycle. Keep your eyes peeled, folks! ๐Ÿ‘€๐Ÿš€

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๐Ÿš€๐ŸŽ‰Breaking News! Donald Trump, once a skeptic of cryptocurrencies, has now become a crypto enthusiast, positioning himself as the pro-crypto candidate against Joe Biden, who he claims is anti-crypto. ๐ŸŽฏ๐Ÿ’ฅ In a recent confrontation, Trump stated, "I'm fine with it. I want to make sure it's good and solid and everything else. But I'm good with it. And if you like crypto in any form, you better vote for Trump." ๐Ÿ—ฃ๏ธ๐Ÿ’ฌ Interestingly, Trump was asked about the meme coin BODEN, linked to Joe Biden, which has a market cap of $250 million. Despite Trump's lack of interest in such investments, BODEN's price soared by 40%, peaking at $0.42 before settling at $0.35. ๐Ÿ“ˆ๐Ÿ’ฐ But hold on, there's more! The meme coin MAGA, associated with Trump's slogan "Make America Great Again," saw an even more impressive surge, crossing the $7 mark, a 60% increase! ๐Ÿ’ธ๐Ÿš€ This is a significant shift for Trump, who previously called Bitcoin a "scam" and expressed concern about it competing with the dollar. However, he has softened his stance recently, stating that he can "live" with the digital asset. ๐Ÿ”„๐Ÿ’ก Trump has also joined the NFT trend, releasing a collection of digital art depicting him as a superhero. The value of these NFTs spiked following his arrest in April last year and his interview with Tucker Carlson. ๐ŸŽจ๐Ÿ–ผ๏ธ Stay tuned for more updates in the exciting world of crypto! ๐ŸŒ๐Ÿ“ฒ
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๐Ÿš€๐Ÿš€Buckle up, Bitcoin enthusiasts! BTC's rollercoaster ride continues as it dipped below $62,000 and $61,000, hitting a 6-day low. But don't lose hope, it's not all doom and gloom! ๐Ÿ™Œ After a strong finish last week, with a leap from under $59,000 to $62,000, BTC even touched nearly $64,000 over the weekend. It soared past $65,000 on Monday, hitting a 12-day high of $65,500. But alas, the bears were quick to intercept, halting further gains. ๐Ÿป Fast forward to now, BTC has recovered some ground and is trading above $61,000. However, it's still 1.5% down on the day. Its market cap is teetering on the edge of $1.2 trillion, and its dominance over the alts has slipped to 50.5% on CG. ๐Ÿ“‰ But hey, it's not all about Bitcoin! Some altcoins like TON and RNDR are defying the trend, posting impressive gains of around 7% each. TON now trades above $6. RNDR, along with PEPE, ETC, ATOM, HBAR, and LTC, are also notable gainers among the top 36 alts. ๐Ÿ’ช However, the total crypto market cap has shed another $20 billion and is down below $2.4 trillion, declining by about $170 billion since Monday. So, keep your eyes peeled and your spirits high, crypto enthusiasts! The game is still on! ๐ŸŽข๐Ÿš€
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๐Ÿš€Hey there, BTC enthusiasts!๐Ÿš€ Bitcoin's been on a rollercoaster ride, bouncing between $59,000 and $65,000, and now settling around $61,700. But hold onto your hats, folks!๐ŸŽข Optimistic forecasts are predicting a potential rise to $74,000 due to technical patterns and recent halving effects.๐Ÿ“ˆ ๐Ÿ”Now, let's talk about the Ripple and SEC drama. The legal conflict is still ongoing, with the main focus being whether XRP is an unregistered security. The verdict is still out on that one!โš–๏ธ ๐ŸŒžMeanwhile, Solanaโ€™s SOL has been soaking up the sun, climbing by 12% over the past week. Analysts are bullish, foreseeing new highs in 2024 and highlighting the assetโ€™s strong market performance.๐Ÿš€ ๐Ÿ”„Back to BTC, despite the recent plunge, many industry participants remain optimistic. The Titan of Crypto predicts a "falling wedge" might fuel a rally toward $74,000 "sooner than many expect." Adrian Zduล„czyk also sees a $70K+ level as a possible target in May.๐ŸŽฏ ๐Ÿ””One signal that BTC's resurgence is on the horizon is the halving that took place last month. Historically, this event has resulted in a bull run for the asset and the entire cryptocurrency market.๐Ÿ‚ ๐Ÿ”ฎLastly, let's touch on Solanaโ€™s native cryptocurrency, SOL. It's up 12% on a weekly scale, briefly pumping above the $150 mark. Analysts predict the rally will continue, setting impressive price targets. Inmortal described the token as "the fastest horse of the cycle" and envisioned a new peak as early as this summer.๐ŸŒ… Stay tuned, crypto fans! The ride is just getting started!๐Ÿš€๐ŸŒ•
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๐Ÿ”” Ding Ding Ding! BTC lovers, we've got news! ๐Ÿš€ Cathie Wood's Ark Invest has once again trimmed its holdings in Coinbase (COIN), selling off 70,616 shares worth $15.1 million across three of its ETFs on May 7th. ๐Ÿ˜ฑ Despite Coinbase's impressive Q1 earnings report, Ark Invest seems to be sticking to its strategy of limiting exposure to any single stock in its ETF portfolio to no more than 10%. ๐Ÿงฎ Ark Invest had previously mentioned plans to continue rebalancing and selling off shares if Coinbaseโ€™s weighting surpasses this threshold. ๐Ÿ”„ Coinbase reported total revenue of $1.64 billion, beating the Street consensus estimate of $1.34 billion. ๐ŸŽ‰ But even with this strong performance, Ark Invest chose to offload shares, hinting at a strategic move influenced by factors beyond Coinbaseโ€™s recent financial success. ๐Ÿค” In ARKK ETF, Coinbase ranks as the third-largest holding, making up 8.2% of the portfolio, following Tesla and Roku. In ARKW, it's the fourth-largest holding at 8.2%, and in ARKF, Coinbase leads as the top holding with a 10.4% weight. ๐Ÿ“Š Stay tuned, BTC enthusiasts! The crypto world never sleeps, and neither do we! ๐ŸŒ™๐Ÿ’ซ
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๐Ÿš€๐Ÿš€Buckle up, BTC enthusiasts! A Republican-led initiative to allow US banks to offer crypto custody services has been stopped in its tracks by the Democrat-led White House. ๐Ÿ›๏ธ The House of Representatives was all set to vote on House Resolution 109, which would have overturned previous accounting guidance for banks looking to offer this service. But, the Biden Administration announced its intention to veto the resolution if it gets through the House and Senate. ๐Ÿ˜ฎ ๐Ÿ”Let's dive a bit deeper. The guidance that the Republicans want to invalidate, known as Staff Accounting Bulletin (SAB) 121, outlines the SEC's views on the accounting responsibilities of firms safeguarding customers' crypto assets. The White House argues that the resolution would disrupt the SEC's efforts to protect investors and the broader financial system. ๐Ÿ›ก๏ธ ๐Ÿ—ณ๏ธThe resolution did manage to pass through the House, but only with 55% of the vote. All Republicans and 26 Democrats voted in favor. But for it to become law, it needs to pass through both the House and Senate with a majority vote and get the President's approval. If the President vetoes, it would need a two-thirds majority in both chambers. ๐Ÿฆ Critics of SAB 121, including the act's sponsor Mike Flood, argue that the SEC bypassed the traditional rulemaking process and that the bulletin is more of a "rule" than "guidance". They claim it makes it too costly for banks to realistically offer crypto custody services. ๐Ÿง๐Ÿ’ฐ Stay tuned for more updates, BTC fans! ๐Ÿš€๐Ÿš€
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