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Aabhasi Mudra
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📢#Bitcoin News📢 Jack Dorsey's payments company Block to expand bitcoin mining ambitions Block, the payments company led by Jack Dorsey, is expanding its bitcoin mining ambitions. Not only designing chips, the company is now developing a complete bitcoin mining system. #BinanceLaunchpool #bitcoinhalving #Megadrop $BTC

📢#Bitcoin News📢

Jack Dorsey's payments company Block to expand bitcoin mining ambitions

Block, the payments company led by Jack Dorsey, is expanding its bitcoin mining ambitions. Not only designing chips, the company is now developing a complete bitcoin mining system.

#BinanceLaunchpool #bitcoinhalving #Megadrop

$BTC

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"BlackRock Boosts Tokenization Efforts with $47 Million Investment in Securitize" #BlackRock the biggest asset manager globally, is putting more money into the tokenization sector by investing $47 million in Securitize. This company specializes in turning physical and traditional assets into tokens. BlackRock and Securitize have worked together before. BlackRock started a tokenized fund called the BlackRock USD Institutional Digital Liquidity Fund in March. It's a way for qualified investors to earn US dollar yields, and they can get it through Securitize Markets. Lots of fintech companies and big finance names are interested in tokenization because it can make things more transparent and cheaper. BlackRock's CEO, Larry Fink, says tokenized securities are like the next big thing for markets. Joseph Chalom, who works with BlackRock, thinks tokenization could change how capital markets work. He's now on Securitize's board of directors, and he sees investing in Securitize as a step forward for BlackRock's digital assets plan. Other companies also joined in on the $47 million investment, like Hamilton Lane, ParaFi Capital, and Tradeweb Markets. Hamilton Lane, for example, made one of its equity funds available through a tokenized feeder fund on Polygon back in January 2023. #CryptoWatchMay2024 #BTC #BullorBear #buythedip $BTC $ETH $BNB
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📢News Alert📢 📢VODAFONE TO MERGE #CRYPTO WALLETS WITH SIM CARDS Vodafone, a major UK-based telecommunications provider, has revealed plans to integrate #cryptocurrency wallets into subscriber identity module (SIM) cards. Vodafone is planning to integrate cryptocurrency wallets into SIM cards for smartphones. 👉🏽This integration aims to enhance smartphone functionality with blockchain technology. 👉🏽The goal is to connect SIM cards with digital identities and blockchain networks. 👉🏽Vodafone projects widespread adoption of this technology by 2030. 👉🏽Financial strategies include managing a $3 billion debt for Vodafone Idea Ltd. 👉🏽Vodafone also has a strategic partnership with Microsoft to develop AI services. Vodafone focuses on a more seamless integration, enabling easier and more secure transactions directly from the smartphone, facilitated by blockchain technology. Vodafone aims to revolutionize smartphones by integrating cryptocurrency wallets into SIM cards, while also strategically managing financial challenges and partnering with Microsoft to develop AI services. #MicroStrategy #BTC #vodafone $BTC
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"Understanding #Bitcoin (BTC) Price Trends: Monitoring Critical Levels During Market Volatility" $BTC Bitcoin, the largest cryptocurrency, dropped to $56,500 recently because investors were worried about what the Federal Reserve (Fed) would do with interest rates. Fed Chair Jerome Powell said they probably won't raise interest rates soon. This calmed investors, and Bitcoin's value went up again. A company called IntoTheBlock, which studies Bitcoin activity, noticed that when Bitcoin went below $57,000, it meant that many people who owned Bitcoin were losing money, just like in past times when Bitcoin fell. Resistance at $62,000 👉🏽 The $62,000 level is seen as a significant resistance point, a price at which there are a substantial amount of sell orders.  👉🏽 Bitcoin is experiencing a lot of selling pressure from traders who want to take advantage of short-term gains. 👉🏽 This level is seen as a big deal for many people in the market. They see it as a point where Bitcoin's price might change direction or stay steady for a while. Conclusion Bitcoin's price was affected by concerns about the Federal Reserve, but Jerome Powell's statement helped. However, traders are selling a lot for short-term profits. The $57,000 level is important for many people, suggesting a possible change in Bitcoin's price direction. #buythedip #BitcoinETFs #BTC $ETH $BNB
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#Crypto User Loses $68 Million in Address-Poisoning #Scam A crypto user fell victim to an address-poisoning scam and lost a whopping $68 million. Reports from security platform Cyvers and blockchain investigator ZachXBT reveal that a user recently lost $68 million worth of wrapped bitcoin (WBTC) in a sophisticated address-poisoning scam. Address poisoning is a sneaky trick used by cyber criminals. They mess with real transactions by sending them to the wrong wallet addresses on purpose. In this scam, the bad guys make fake addresses that look almost the same as the real ones. They capitalize on the fact that people often miss small differences. So, even though the addresses are slightly off, they can trick people into sending money to the wrong place. In this tricky scheme, the scammer set up a fake wallet to pretend to be the person the victim wanted to send money to. They smoothly made a small transaction of 0.05 ETH to make it seem legit. Then, without the victim knowing, they grabbed 1,155 WBTC from them. Hackers and scammers spread through the crypto world, use various tactics to steal from investors. Each year, millions of dollars’ worth of cryptocurrency fall victim to such schemes, underscoring the ongoing debate between industry stakeholders and regulators, such as the SEC, regarding cryptocurrency oversight. #scamriskwarning #WBTC #altcoins $WBTC $BTC
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