While the cryptocurrency market rose led by Bitcoin after the weak employment report from the USA, analysis company CryptoRank identified the altcoin networks with the highest number of users in April.
Bitcoin price has increased by approximately 7% in the last 24 hours and is traded at $ 63,257 at the time of writing this article.
Here are the altcoin networks with the most users and their number of users in April:
▫️ Tron (TRX) – 54.7 million
▫️ Near (NEAR) – 53.8 million
▫️ BNB (BNB) – 35.5 million
▫️ Solana (SOL) – 35.2 million
▫️ Polygon (MATIC) – 33.6 million
▫️ Ethereum (ETH) 12 million
▫️ Base – 10.7 million
▫️ zkSync Era – 9.8 million
▫️ Arbitrum (ARB) – 9.3 million
▫️ Linea – 5.6 million
▫️ Celo (CELO) – 4.9 million
▫️ Optimism (OP) – 4.2 million
▫️ Aptos (APT) – 3.2 million
▫️ Scroll – 2.6 million
▫️ Blast – 2.5 million

It is noteworthy that Ethereum, which has the largest market value, can rank sixth on the list. The reason why Ethereum's number of users remains lower than others is the high transaction fees required by the network to process transactions.
However, it is thought that the reason why Tron, which ranks first, has such a large number of users is that most of the USDT stablecoin transfers occur on the Tron network.
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Tesla, the trailblazing electric vehicle manufacturer, has recently updated its payment options to include Dogecoin (DOGE), further embracing the evolving digital currency landscape. This integration marks another significant stride in the adoption of cryptocurrencies within mainstream commerce.
Key Updates:
- Expanding Payment Options: Alongside traditional payment methods such as American Express, Discover, Mastercard, Visa, and Apple Pay, Tesla's official website now lists Dogecoin as a viable payment method for specific products. However, it's important to note that DOGE cannot be used to purchase Tesla cars directly.

- Navigating Crypto Volatility: For those opting to use Dogecoin, the pricing will be available in DOGE equivalent. Given the cryptocurrency's volatility, these prices are subject to change and are only valid for a limited time before requiring updates.
- No Bitcoin Transactions: Despite previously accepting Bitcoin for transactions, Tesla has currently halted this option and does not accept Bitcoin for any purchases at this time.
Implications for Dogecoin:
This move by Tesla not only enhances the utility of Dogecoin but also solidifies its position in the cryptocurrency market as a viable payment method. By facilitating transactions with DOGE for certain products, Tesla is contributing to the broader acceptance and normalization of digital currencies in everyday transactions.
Looking Ahead:
As cryptocurrencies continue to integrate into mainstream payment systems, Tesla’s adoption of Dogecoin could encourage other major companies to follow suit. This could potentially lead to wider acceptance and stability within the cryptocurrency market.
🔺 Stay tuned for more updates on how major companies are integrating crypto into their payment options and what it means for the future of digital currency transactions.

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♦️ Tesla Starts Accepting Dogecoin as Payment Method at Tesla Shops
Elon Musk’s electric car company, Tesla, has recently announced that it will now be accepting Dogecoin as a payment method at Tesla Shops. According to information found on a Dogecoin support page on the Tesla website, customers can now use Dogecoin to purchase eligible Tesla products by looking for the Dogecoin symbol next to the “order” page of Dogecoin-eligible items. This update was made as recently as May 4, according to the Wayback Machine.
Customers wishing to make purchases using Dogecoin must do so through a Dogecoin wallet. All eligible Tesla products will have prices clearly listed in Dogecoin, including any applicable taxes, as stated in a frequently asked questions (FAQ) section.
However, there are certain terms to be aware of when making payments with Dogecoin. These terms include restrictions on using payments from multiple wallets for a single order, no cancellations once an order is placed, and no returns for items purchased with Dogecoin.
Additionally, it’s important to note that Tesla exclusively accepts Dogecoin as a form of payment and cannot process any other digital assets. This decision follows Musk’s previous remarks about Dogecoin during an event at the Tesla Gigafactory in Germany back in March. When questioned about the possibility of Tesla accepting Dogecoin for car purchases, Musk expressed his support, suggesting that it could happen “at some point.”
Additionally, it’s important to note that Tesla exclusively accepts Dogecoin as a form of payment and cannot process any other digital assets. This decision follows Musk’s previous remarks about Dogecoin during an event at the Tesla Gigafactory in Germany back in March. When questioned about the possibility of Tesla accepting Dogecoin for car purchases, Musk expressed his support, suggesting that it could happen “at some point.”
📈 DOGE Price Surges 20% in 24 Hours Amid Increased Trading Activity

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Tesla, one of the world’s largest electric car manufacturers, has updated its official website to include Dogecoin (DOGE) as a payment option.
According to the official website, Tesla products can be purchased using American Express, Discover, Mastercard, Visa, Apple Pay, and now, Dogecoin.
However, Dogecoin can only be used to purchase certain products and not Tesla cars.
Tesla now accepts Dogecoin as a payment option for certain products, marking another significant step for the cryptocurrency in the mainstream market.
🔺 𝗧𝗲𝘀𝗹𝗮 𝗔𝗱𝗱𝘀 𝗗𝗼𝗴𝗲𝗰𝗼𝗶𝗻 𝘁𝗼 𝗣𝗮𝘆𝗺𝗲𝗻𝘁 𝗢𝗽𝘁𝗶𝗼𝗻𝘀
Tesla, a leading electric car manufacturer, has updated its payment options on its official website to include Dogecoin. This move signifies the increasing acceptance of cryptocurrencies in mainstream markets. However, it should be noted that Dogecoin can only be used to purchase certain products and not Tesla cars.
🔺 𝗗𝗼𝗴𝗲𝗰𝗼𝗶𝗻’𝘀 𝗩𝗼𝗹𝗮𝘁𝗶𝗹𝗶𝘁𝘆 𝗔𝗳𝗳𝗲𝗰𝘁𝘀 𝗣𝗿𝗶𝗰𝗶𝗻𝗴
For users wishing to purchase Tesla products with Dogecoin, a price equivalent in DOGE is provided. However, this is only valid for a short period due to the cryptocurrency’s volatility. After a while, the price needs to be updated. This is attributed to the high volatility of Dogecoin.
🔺 𝗡𝗼 𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗣𝗮𝘆𝗺𝗲𝗻𝘁𝘀 𝗳𝗼𝗿 𝗧𝗲𝘀𝗹𝗮 𝗣𝗿𝗼𝗱𝘂𝗰𝘁𝘀
Currently, it is not possible to purchase any Tesla products with Bitcoin. There was a time when Tesla cars could be purchased with BTC, but this is no longer the case.

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Urgent Privacy Warning from Edward Snowden to the Bitcoin Community!
*Edward Snowden, famous whistleblower, issued an urgent warning to the Bitcoin community about privacy at the protocol level
*This warning came after Wasabi Wallet announced that it would stop its coordination service in June 2024, and this decision raised significant concerns in the crypto space
*Snowden continues his long-standing defense of advanced privacy features in Bitcoin's underlying infrastructure
Edward Snowden is issuing an urgent warning to the Bitcoin community about protocol-level privacy following Wasabi Wallet's decision to discontinue its coordination service
Famous whistleblower Edward Snowden, who revealed mass surveillance programs, issued an important warning to the Bitcoin community. He argues that addressing privacy at the protocol level is running out of time. This warning is in response to Wasabi Wallet, a leading player in Bitcoin privacy solutions, announcing that it will discontinue its coordination service as of June 1, 2024
This decision, attributed to the company zkSNACKs, caused great concern in the crypto space. This decision affects people using other wallet clients connected to the zkSNACKs coordinator, these wallets include Trezor Suite and BTCPayServer. Despite the termination of the Coinjoin coordination service, Wasabi Wallet will continue to function as a BTC wallet with reduced privacy features
Snowden expressed genuine sadness upon hearing this news and suggested that Wasabi Wallet might explore options for implementing a decentralized coordinator or alternative configurations to maintain privacy protections. He emphasized the importance of urgently integrating protocol-level privacy measures into the Bitcoin protocol and has advocated for this critical development for years.
The well-known privacy advocate has long been a vocal advocate for increasing privacy in cryptocurrencies. Snowden has emphasized over the years the need to integrate advanced privacy features into Bitcoin's underlying infrastructure to protect users' financial sovereignty.
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Satoshi Nakamoto owns the most bitcoin with an estimated 1.1 million BTC. Satoshi not only invented but also kickstarted Bitcoin, by being the first miner to create blocks of transactions. It is estimated that Satoshi mined more than 22,000 blocks starting from January 3rd, 2009, and received more than one million bitcoin in cumulative block rewards for the work.
How Many Bitcoin Does Satoshi Have?
As a result, Satoshi is estimated to have more than 1.1 million BTC, valued at approximately $47 billion in February 2024. This bitcoin is not stored in one address but spread across roughly 22,000 addresses. None of it was ever spent besides a few test transactions. Satoshi left the project in 2010 and hasn’t been heard from since.
Individual Bitcoin Whales
Tyler and Cameron Winklevoss: Following their 2008 settlement with Mark Zuckerberg for $65 million worth of Facebook shares and cash, the pair started an angel investment company. A few years later they would announce they had bought approximately $11 million worth of bitcoin at an average cost basis of $10 per coin. It’s estimated that the Winklevoss twins own ~70,000 BTC.
Tim Draper: The VC titan has been interested in Bitcoin for a while; so much so that he made one initial purchase of 40,000 BTC at the Mt Gox exchange.
Unfortunately, all 40,000 coins were lost in the hack and subsequent bankruptcy. However, in 2014, Mr. Draper purchased 29,656 BTC for $18.7 million at a cost basis of approximately $632 per coin.
Michael Saylor: The founder and chairman of Microstrategy revealed in an October 2020 tweet that he personally held 17,732 BTC. It is reasonable to assume that he has since acquired more—being such a public Bitcoin Bull
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⭐️ Binance Launches Renzo (EZ): Liquid Restacking Protocol
Binance, a leading cryptocurrency exchange, has unveiled Renzo (EZ) as its 53rd Launchpool project, introducing a novel liquid restacking protocol to the crypto ecosystem. Renzo aims to revolutionize mining activities by allowing users to mine through depositing BNB and FDUSD. Scheduled for launch on April 30, 2024, UTC, Renzo boasts a maximum supply of 10 billion coins, with an initial supply of 1.06 billion coins.
Renzo’s launch mechanism involves staking BNB and FDUSD into separate pools, enabling users to farm EZ tokens over six days starting from April 24, 00:00 (UTC). This process not only facilitates token distribution but also fosters active participation from users, promoting community engagement within the Renzo ecosystem.
Previously, Binance Labs showed its conviction by investing in the Renzo project. The contribution became evidence of trustworthiness in the community. Being the first exchange to list Renzo, Binance will provide trading pairs like REZ/BTC, REZ/USDT, REZ/BNB, REZ/FDUSD, and REZ/TRY.

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