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Telegram’s Crypto Revenue Surpasses $342 Million in 2023

Pavel Durov’s recent detention in France on charges of failing to regulate illicit material on the messaging platform Telegram has put it in the limelight. Additionally, people are taking notice of the company because of how heavily it is involved in the cryptocurrency market. The value of the company’s digital

August 31, 2024 1 min read

Singapore Tops Global Crypto Adoption Index, Followed by Hong Kong

A survey found that among countries throughout the world, Singapore has the highest rate of cryptocurrency adoption. With Hong Kong and the UAE following closely behind. Researching the current status of cryptocurrency adoption across nations, the Henley Crypto Adoption Index 2024 was published by the investment migration consulting company Henley

August 31, 2024 2 mins read

El Salvador President Calls Bitcoin Adoption a Net Positive

After legalizing Bitcoin as legal tender, Salvadoran President Nayib Bukele expressed disappointment that the country’s adoption of the cryptocurrency had not progressed as far as expected. Although he acknowledged he had not seen as many advantages as he had hoped, Bukele said in an interview with Time magazine that Bitcoin

August 30, 2024 2 mins read

Toncoin Market Cap Surges Amid Telegram CEO’s Legal Turmoil

With a market valuation of $13.96 billion and more than 1.1 million daily active users (DAUs), Toncoin has lately achieved tremendous success inside the TON ecosystem. Toncoin (TON) has the largest market valuation in the TON ecosystem as of Aug. 26, according to statistics from IntoTheBlock (ITB). It reached the

August 30, 2024 1 min read

Chainlink Faces Bearish Pressure Despite Reduced Short-Term LINK Holder Dominance

Chainlink (LINK) finds itself navigating turbulent waters as uncertain market conditions continue to exert bearish pressure on its price, resulting in losses for investors. Despite glimmers of hope for recovery, the broader market environment appears to be constraining LINK’s ability to stage a significant rally. Interestingly, LINK’s price action is

August 30, 2024 2 mins read

Solana (SOL) Drops 25% in a Month, Falling Below Key Moving Averages

Solana (SOL) finds itself navigating turbulent waters as its value has plummeted by 25% over the past month, recently breaching critical technical support levels. This decline not only reflects SOL’s ongoing struggle to overcome resistance but also signals a potential erosion of positive market sentiment, potentially paving the way for

August 30, 2024 2 mins read

Bitcoin Exchange Reserves Hit Yearly Low Amid Recent Volatility

There has been a new supply low in the quantity of Bitcoin held on cryptocurrency exchanges. Which may be the impetus Bitcoin needs to reclaim the $60,000 mark. According to an analyst at CryptoQuant, on August 29, Bitcoin reserves on exchanges reached new lows for the year. Which might mean

August 30, 2024 1 min read

US Spot Bitcoin ETFs Face $71.73 Million in Net Outflows

The three-day losing skid for U.S. spot bitcoin exchange-traded funds continued on Thursday with net outflows of $71.73 million. Data from SosoValue shows that BlackRock’s IBIT, the biggest spot bitcoin ETF by net assets, had net outflows of $13.51 million, marking its first negative flows since May 1, and second

August 30, 2024 2 mins read

Flare (FLR) Price Prediction 2024, 2025, 2026-2030

In this Flare (FLR) price prediction 2024, 2025-2030,  we will analyze the price patterns of FLR by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency.  TABLE OF CONTENTS INTRODUCTION Flare (FLR) Current Market Status What is Flare (FLR)? Flare (FLR) 24H Technicals FLARE (FLR)

August 30, 2024 7 mins read

BounceBit CeDeFi V2 to Launch in September

BounceBit (BB), a Bitcoin restaking chain project, will release its BounceBit V2 in September 2024. The company announced this update on X, highlighting a significant overhaul to its centralized decentralized finance (CeDeFi) platform and BounceClub. The focus will be on improving the user experience and adding new tools for smart

August 30, 2024 1 min read