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๐Ÿš€BTC enthusiasts, get ready for some exciting news! Bitcoin has skyrocketed to an almost 7-week peak at $28,500, bouncing back after dipping below $26,000 last week. ๐Ÿ“ˆ The bulls didn't let it fall further and BTC started recovering its lost ground, soaring above $27,000 mid-week. ๐Ÿ‚ Altcoins are also well in the green, with Solana, Cardano, OP, MATIC, and others showing notable gains. ๐ŸŒฟ Ethereum and Binance Coin are up by 3%, trading at $1,730 and $220, respectively, while Ripple, Cardano, Dogecoin, Tron, Toncoin, Polkadot, Polygon, Litecoin, and Bitcoin Cash have all seen gains of up to 5%. ๐Ÿ“Š Solana (SOL) is dominating the scene, skyrocketing by 14% and sitting at a multi-month high close to $25. ๐Ÿš€ With most lower- and mid-cap alts charting impressive daily gains, the total crypto market cap has added over $40 billion in a day, reaching a local peak of above $1.120 trillion. ๐Ÿ’ฐ Stay tuned for more exciting crypto updates! ๐ŸŒ

๐Ÿš€BTC enthusiasts, get ready for some exciting news! Bitcoin has skyrocketed to an almost 7-week peak at $28,500, bouncing back after dipping below $26,000 last week. ๐Ÿ“ˆ The bulls didn't let it fall further and BTC started recovering its lost ground, soaring above $27,000 mid-week. ๐Ÿ‚

Altcoins are also well in the green, with Solana, Cardano, OP, MATIC, and others showing notable gains. ๐ŸŒฟ Ethereum and Binance Coin are up by 3%, trading at $1,730 and $220, respectively, while Ripple, Cardano, Dogecoin, Tron, Toncoin, Polkadot, Polygon, Litecoin, and Bitcoin Cash have all seen gains of up to 5%. ๐Ÿ“Š

Solana (SOL) is dominating the scene, skyrocketing by 14% and sitting at a multi-month high close to $25. ๐Ÿš€ With most lower- and mid-cap alts charting impressive daily gains, the total crypto market cap has added over $40 billion in a day, reaching a local peak of above $1.120 trillion. ๐Ÿ’ฐ

Stay tuned for more exciting crypto updates! ๐ŸŒ

Disclaimer: Includes third-party opinions. No financial advice.ย See T&Cs.
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๐Ÿš€๐Ÿš€Nubank, the Sรฃo Paulo-based fintech giant, is making waves in the crypto world! The bank has just rolled out a new feature allowing customers to deposit and withdraw Bitcoin and other cryptocurrencies using the Nubank app. Bitcoin, Ethereum, and Solana are the first three cryptos supported, but there's more to come! ๐ŸŽ‰๐ŸŽ‰ ๐Ÿ”๐Ÿ”Before you dive in, there are a few things to keep in mind. Withdrawals might be subject to variable fees depending on the network, and transactions could take around 60 minutes. Also, make sure the selected network and currency are supported by the Nubank wallet. Sending assets to unsupported networks or incorrect addresses could lead to irreversible loss of funds. ๐Ÿ˜ฑ๐Ÿ˜ฑ ๐ŸŒŽ๐ŸŒŽThis move is set to supercharge Brazil's already buzzing crypto scene. Nubank is the largest fintech bank in Latin America, boasting a whopping 80.4 million customers in Brazil, and millions more in Mexico and Colombia. This step into the crypto world marks a significant stride towards mainstream acceptance. ๐Ÿš€๐Ÿš€ ๐Ÿ‡ง๐Ÿ‡ท๐Ÿ‡ง๐Ÿ‡ทBrazil is a hotbed for crypto adoption, ranking within the top 20 on Chainalysisโ€™ Global Crypto Adoption Index. This move by Nubank follows closely on the heels of Itau Unibanco, Brazil's largest bank, which entered the cryptocurrency exchange market in December 2023. The future of crypto in Brazil looks brighter than ever! ๐ŸŽ‰๐ŸŽ‰
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๐Ÿš€๐Ÿ“ข Breaking news for all you Bitcoin enthusiasts! FTX, the bankrupt cryptocurrency exchange, is shaking things up by auctioning off its remaining Solana (SOL) tokens this week. ๐Ÿ“…๐Ÿ’ฐ This is a change of pace from their previous fixed-price sales strategy, which didn't sit well with most creditors. They felt it undermined the value of FTX's assets, thus reducing their potential recovery. ๐Ÿ“‰๐Ÿ˜• FTX's SOL sales have caught the attention of big crypto firms like Pantera Capital, Neptune Digital Assets Corp, and Galaxy Trading. Last month, FTX sold between 25 million and 30 million locked-up SOL at $64 each, raking in as much as $1.9 billion. ๐Ÿค‘๐Ÿ’ต However, the buyers got the SOL at a 67% discount from its value at the time. FTX hasn't disclosed its SOL sales for April yet, but previous reports show the asset has sold tokens worth roughly $2.6 billion. ๐Ÿ’ธ๐Ÿ“Š The auction deadline is set for Wednesday, April 24, with results to be announced on Thursday. Crypto exchange Figure Markets has publicly declared interest in the FTX SOL blind auction. They plan to create a Special Purpose Vehicle (SPV) for the auctions, open to non-U.S. and U.S. investors. ๐ŸŒŽ๐Ÿ‘ฅ The SPV will accept investments in the U.S. dollar and Circle (USDC), with bid prices to be determined on a $1:1 vote basis. It also allows retail investors and FTX creditors to participate in the auction with a minimum investment of $5,000, a stark contrast to the $5 million set by the estate for direct sales. ๐Ÿ’ต๐Ÿ” FTX creditor activist Sunil Kavuri praised this approach, criticizing the law firm overseeing FTX's bankruptcy proceedings for selling the locked SOL at a heavy discount to their clients, despite objections from creditors. ๐Ÿฆ๐Ÿ‘จโ€โš–๏ธ Stay tuned for more updates on this exciting development in the crypto world! ๐ŸŒ๐Ÿ’ซ
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๐Ÿš€๐Ÿš€ Bitcoin enthusiasts, buckle up! The creator of the 'Bitcoin Power Law', Giovanni Santostasi, has revealed his price model's exact BTC price targets for the next few market cycles. ๐ŸŽฏ ๐Ÿ”ฎ The model predicts Bitcoin will reach a whopping $218,875 at its cycle peak in November 2025, before descending to $96,677 at its bottom in December 2026. But what is this 'Bitcoin Power Law'? ๐Ÿงช The Bitcoin Power Law is a long-term price model that forecasts Bitcoin's future market value as if it were bound by the laws of physics. Santostasi, a former physics professor, believes Bitcoin's long-term price trajectory follows a "power law" relationship with time. ๐Ÿ”ฌ Power laws have even been discovered in the financial realm, having been used to predict the average waiting time for a stock priceโ€™s directional change. The Bitcoin Power Law Theory is supposed to stay relevant across any span of time, and can forecast the assetโ€™s price range indefinitely. ๐Ÿ’ฐ The model expects BTC to peak at an incredible $1,212,799 in November 2033, before retracing back to $802,399 in December 2034. Santostasi insists that the Power Law model is not a "model" at all, but a "full and coherent theory of what Bitcoin is and how it works." ๐Ÿ‘Ž Santostasi is a non-believer in other popular price models, such as Plan Bโ€™s โ€œstock-to-flowโ€ model, which predicts exponential gains for Bitcoin in the future without diminishing returns. He claims these models are "deeply wrong conceptually, logically, mathematically, from a construction point of view," and are "almost poison because gives really the wrong information about Bitcoin." So, are you ready for the Bitcoin rollercoaster? ๐ŸŽข Let's see where this ride takes us! ๐ŸŒ•๐Ÿš€
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๐Ÿš€Hold on to your hats, crypto enthusiasts! Santiment's latest rankings are in and it's a wild ride! ๐ŸŽข The rankings, which measure development activity over the past 30 days, have thrown up some surprises. Bitcoin (BTC), the granddaddy of them all, didn't even make the top 10! ๐Ÿ˜ฒ Ethereum (ETH), the second-largest cryptocurrency by market cap, just scraped in at ninth place. ๐Ÿค” So who's leading the pack? Optimism (OP), Cardano (ADA), and Hedera (HBAR) are sitting pretty in the top three spots, with Polkadot (DOT) and Kusama (KSM) completing the top 5. ๐Ÿ† Santiment's rankings aren't just about popularity. They pull data from Github activity to measure a team's efforts to innovate and improve. ๐Ÿ› ๏ธ ADA and DOT have been on a roll, with seven-day price spikes of 11% and 14% respectively. ๐Ÿ“ˆ ADA is predicted to reach $1.70 if it enters the $0.55-$0.80 range, while DOT is projected to rally towards the $15-$20 level. ๐Ÿš€ So, while BTC may be the king of the crypto jungle, it seems there are plenty of contenders ready to challenge for the throne! ๐Ÿ‘‘ Remember, the crypto market is always changing, so stay tuned for more updates! ๐Ÿ“ฐ
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๐Ÿš€Buckle up, Bitcoin enthusiasts! Ripple is fighting back against a hefty $2 billion SEC penalty over XRP sales, pushing for a reduction to a mere $10 million. Some are even predicting a possible settlement of $100 million. ๐Ÿค” ๐Ÿ”ฅThe Ripple vs SEC saga has been a hot topic since December 2020, with the SEC seeking a $2 billion penalty for alleged XRP sales violations. Ripple's chief legal officer, Stuart Alderoty, however, has officially opposed this, stating the fine should not exceed $10 million. ๐ŸŽฒThe future outcome of this legal battle is still up in the air. Lawyer Jeremy Hogan recently suggested that the dispute might be resolved with a $100 million settlement. He also hinted at a possible case closure in July or August this year. ๐Ÿ“… ๐ŸRipple seems to be gaining the upper hand, with three partial court victories under its belt. A decisive win could trigger an XRP rally, while a loss could negatively impact the token and the entire digital asset market. ๐Ÿ“ˆ๐Ÿ“‰ ๐ŸŽฅFor those wanting to delve deeper into the lawsuit and its impact on Ripple's native cryptocurrency, check out the dedicated video below. Stay tuned for more updates! ๐Ÿš€๐ŸŒ•
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