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1GENIUS CRYPTO ENTHUSIASM
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Domínio do #BTC: 51,6% (-0,2%)
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El Salvador Bitcoin ATM network to receive Lightning Network upgrade Athena Bitcoin, the company operating a state-owned chain of crypto ATMs in El Salvador, plans to roll out Lightning Network into 100 machines by December 2023. According to a press release from Nov. 7, Athena Bitcoin Global and Genesis Coin have already enabled the use of the Lightning Network technology across their technology infrastructure and will now begin implementing it, first in El Salvador and then across Latin America. Out of the 215 active crypto ATMs in El Salvador, the remaining Chivo-branded kiosks and the Athena-branded ones will receive the Lightning Network upgrade in Q1 2024. The country’s leader, Nayib Bukele, who made Bitcoin (BTC) legal tender in 2021, recently announced his run for reelection as president in 2024. “Five more [years], five more and not one step back,” Bukele said in a speech in front of thousands of Salvadorans.
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Bitcoin (BTC) futures, offered by global derivatives giant Chicago Mercantile Exchange (CME), are widely known to aid price discovery in the spot market tied to the leading cryptocurrency. New research by McClellan Financial Publication shows sudden spikes in open interest, or the number of active contracts, in these cash-settled futures, hints at trend changes in bitcoin’s price. Open interest in CME’s standard BTC futures, also known as large futures, has increased by 35% to 19,603 ($3.4 billion) in four weeks, according to CFTC’s Commitment of Traders report. The standard contract is sized at 5 BTC ($173,000) and is considered a bell weather for institutional activity. #BTC #Blur #BBW2023 $BTC $ETH $BNB
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Ben 'Bitboy' Armstrong Calls Himself a Victim in Latest Court Filing The lawsuit claims former colleagues took control of Armstrong's account on X.com "for the express purpose of publicly harassing, embarrassing, and intimidating" him. Armstrong, formerly known as Bitboy, has sued former colleagues over an allegedly stolen Lamborghini and alleged racketeering activities involving threats and a conspiracy to deprive him of the vehicle, according to a filing in Cobb County, Georgia. Armstrong was previously ousted from his media company, BitBoy Crypto, following a decision by the company that produced the channel, as per an August announcement, which led to him dropping the 'Bitnoy' moniker. This is the second suit Armstrong has filed against his former colleagues.
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Crypto Traders Are Earning 165% Yields By Staking a Token Named After Elon Musk’s Pet Developers are trying to capture a piece of the global asset tokenization market as part of a new product in the Floki ecosystem. Over $55 million of floki (FLOKI) tokens have been locked on the blockchain’s staking platform. Floki was released in 2021 as a meme coin named after Elon Musk’s pet, Shiba Inu, but has morphed over time to position itself as a serious decentralized finance (DeFi) project. Decentralized finance is an umbrella term for lending and borrowing carried out on the blockchain without the use of intermediaries. The staked floki is used to reward holders with token (TOKEN), a sister project that allows users to tokenize real-world assets (RWA) that was released in the last week of October. #Stablecoins #BNBecosystem
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Today, something big is happening in the crypto market as it skyrockets past the $31,000 milestone. This isn’t just a lucky event; it’s due to a combination of factors, one being the increase in crypto trading activity during October. A recent report from blockchain data reveals that an impressive 76% of all Bitcoins are firmly held by people who’ve kept their coins for at least 155 days. These steadfast investors are boosting the market’s current growth. if my updates are helpful to you don't forget to support by giving a TIP 🙏 #BTC $BTC $BTC #BTC #btcanalysist
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