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🚀💥 Bitcoin (BTC) is back in the game, folks! After a rough end to the business week, with a dip to just above $60,000, BTC has bounced back and is currently reclaiming the $66,000 level. 📈🎉 The bulls took charge at the start of this week, pushing BTC to just over $63,000. Despite a slight stumble amid some Coinbase issues, BTC went back on the offensive after the US announced the April CPI numbers. 🐂💪 With the inflow into Bitcoin ETFs increasing for the fourth consecutive day, BTC's price soared to a three-week high of just over $66,500. Although it retraced slightly, it's back above $66,000 now. 🚀🌕 However, BTC's dominance over altcoins has taken a hit, dropping to 51.7%. But don't worry, the market cap is still a cool $1.3 trillion. 💰💰 Meanwhile, altcoins are having their moment in the sun too. Most notably, Chainlink (LINK) has seen a massive 18% surge and is now trading above $16. 🚀🔗 Ethereum and Ripple are also up by 0.5-1%, helping Ethereum maintain $3,000 and Ripple $0.5. Other gainers include SOL, ADA, AVAX, DOT, BCH, HBAR, and ICP. 📈🥳 The total crypto market cap is holding steady at just over $2.5 trillion. So, in the words of the great crypto enthusiasts, HODL on! 🎢🎉

🚀💥 Bitcoin (BTC) is back in the game, folks! After a rough end to the business week, with a dip to just above $60,000, BTC has bounced back and is currently reclaiming the $66,000 level. 📈🎉

The bulls took charge at the start of this week, pushing BTC to just over $63,000. Despite a slight stumble amid some Coinbase issues, BTC went back on the offensive after the US announced the April CPI numbers. 🐂💪

With the inflow into Bitcoin ETFs increasing for the fourth consecutive day, BTC's price soared to a three-week high of just over $66,500. Although it retraced slightly, it's back above $66,000 now. 🚀🌕

However, BTC's dominance over altcoins has taken a hit, dropping to 51.7%. But don't worry, the market cap is still a cool $1.3 trillion. 💰💰

Meanwhile, altcoins are having their moment in the sun too. Most notably, Chainlink (LINK) has seen a massive 18% surge and is now trading above $16. 🚀🔗

Ethereum and Ripple are also up by 0.5-1%, helping Ethereum maintain $3,000 and Ripple $0.5. Other gainers include SOL, ADA, AVAX, DOT, BCH, HBAR, and ICP. 📈🥳

The total crypto market cap is holding steady at just over $2.5 trillion. So, in the words of the great crypto enthusiasts, HODL on! 🎢🎉

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🚀🎉US Senator Ted Cruz, a crypto enthusiast, has officially joined the Bitcoin mining community! Cruz recently purchased three ASIC Bitcoin miners and has started mining operations in Iraan, Texas. 👏👏 🎈Cruz has long been a pro-crypto voice, advocating for crypto-friendly legislation. His recent move into Bitcoin mining has been applauded by Marathon Digital CEO Fred Thiel, who highlighted Cruz's contribution to improving network security.💪🔒 🌞Texas has become a hotspot for Bitcoin mining, thanks to its business-friendly laws and affordable energy resources. This has led to a boom in Bitcoin mining in smaller towns like Iraan, creating jobs and generating tax revenue.💰🏭 💸Cruz isn't the only lawmaker dipping his toes into crypto. Several senators have disclosed their crypto holdings, reflecting a growing political support for the digital asset. Wyoming Senator Cynthia Lummis and Pennsylvania Senator Pat Toomey are among those who have invested in Bitcoin.📈🎊 👊Cruz has been a strong voice against a crypto tax proposal and the Federal Reserve's development of a central bank digital currency (CBDC), citing concerns about privacy and government overreach. Meanwhile, Oklahoma lawmakers have passed a bill offering tax credits to digital asset mining operations, a move that is expected to attract more investments into the sector.🏦🚫 So, here's a big shout-out to Senator Cruz for joining the Bitcoin mining community! Let's keep the crypto momentum going! 🚀🎉🎈
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🚀🎉 Bitcoin enthusiasts, get ready for some exciting news! Polygon, the Ethereum Layer 2 solution, has seen a remarkable surge in its stablecoin market cap this quarter, soaring to a whopping $1.5 billion. That's a significant 19% increase QoQ! 🎉🚀 Tether is leading the pack as the dominant stablecoin on Polygon, with its market cap growing by an impressive 29% QoQ to reach $792 million. That's a hefty 53% of the total stablecoin market cap on the network. 💪💰 This growth has been boosted by several notable developments. For instance, Sony Bank initiated trials exploring the use of stablecoins on the Polygon blockchain. The end goal? Evaluating their potential as a settlement method for digital sales across the Sony Group, including video games. 🎮💼 But that's not all! The Belgian tech company Settlemint announced plans to develop a stablecoin leveraging Polygon, further highlighting the Layer 2 network’s growing prominence in the stablecoin ecosystem. 🌐💡 Polygon's gaming sector also flourished during the first quarter of 2024. The number of daily active addresses associated with gaming on the platform skyrocketed by 1,615% QoQ, reaching 207,000 addresses. 🎮🚀 Polygon’s decentralized finance (DeFi) ecosystem also experienced notable growth, with the number of daily active DeFi addresses increasing by 67% QoQ to reach 50,000 addresses. 📈💰 While the NFT and social sectors also saw an uptick in activity, their scale remained relatively smaller compared to the gaming and DeFi domains within the Polygon ecosystem. 🎨👥 So, Bitcoin lovers, let's keep an eye on this exciting development! 🚀👀
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