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๐Ÿš€๐ŸŒ• Bitcoin enthusiasts, gather 'round! Block CEO Jack Dorsey, a true Bitcoin Bull, announced that his company has developed a proprietary Bitcoin mining chip. This high-tech marvel is designed to optimize Bitcoin mining, ensuring operators can thrive in the fifth mining epoch and beyond. ๐ŸŽ‰๐Ÿ’ป Dorsey's love for Bitcoin doesn't stop there. His company, Block, will invest 10% of profits from all Bitcoin-related operations into buying more Bitcoin each month. Talk about commitment! ๐Ÿ’ฐ๐Ÿ“ˆ Meanwhile, PayPal Founder Peter Thiel, a cautious bull, advises not to put all your money into Bitcoin at $60,000. However, he believes Bitcoin's high price is a hopeful sign and the most honest market in the country. ๐Ÿค”๐Ÿ’ธ Facebook CEO Mark Zuckerberg, a possible Bitcoin maximalist, has also shown interest in the crypto world, despite his unsuccessful attempt to launch Libra Coin. His goats are even named Bitcoin and Max! ๐Ÿ๐Ÿ’ซ Microsoft's Bill Gates, while not bullish on Bitcoin, respects its innovative technology. Alphabet CEO Sundar Pichai is also a blockchain supporter, finding the technology exciting and powerful. ๐ŸŒ๐Ÿ’ก Lastly, Elon Musk, the "Doge Father", has been a long-time supporter of cryptocurrencies, especially Dogecoin. His tweets about Dogecoin often result in price spikes. ๐Ÿ•๐Ÿš€ In conclusion, the high-tech industry is making active inroads into the blockchain industry, proposing and building new solutions to make Web3's products better and more usable. Stay tuned for more exciting developments! ๐ŸŒ๐Ÿš€

๐Ÿš€๐ŸŒ• Bitcoin enthusiasts, gather 'round! Block CEO Jack Dorsey, a true Bitcoin Bull, announced that his company has developed a proprietary Bitcoin mining chip. This high-tech marvel is designed to optimize Bitcoin mining, ensuring operators can thrive in the fifth mining epoch and beyond. ๐ŸŽ‰๐Ÿ’ป

Dorsey's love for Bitcoin doesn't stop there. His company, Block, will invest 10% of profits from all Bitcoin-related operations into buying more Bitcoin each month. Talk about commitment! ๐Ÿ’ฐ๐Ÿ“ˆ

Meanwhile, PayPal Founder Peter Thiel, a cautious bull, advises not to put all your money into Bitcoin at $60,000. However, he believes Bitcoin's high price is a hopeful sign and the most honest market in the country. ๐Ÿค”๐Ÿ’ธ

Facebook CEO Mark Zuckerberg, a possible Bitcoin maximalist, has also shown interest in the crypto world, despite his unsuccessful attempt to launch Libra Coin. His goats are even named Bitcoin and Max! ๐Ÿ๐Ÿ’ซ

Microsoft's Bill Gates, while not bullish on Bitcoin, respects its innovative technology. Alphabet CEO Sundar Pichai is also a blockchain supporter, finding the technology exciting and powerful. ๐ŸŒ๐Ÿ’ก

Lastly, Elon Musk, the "Doge Father", has been a long-time supporter of cryptocurrencies, especially Dogecoin. His tweets about Dogecoin often result in price spikes. ๐Ÿ•๐Ÿš€

In conclusion, the high-tech industry is making active inroads into the blockchain industry, proposing and building new solutions to make Web3's products better and more usable. Stay tuned for more exciting developments! ๐ŸŒ๐Ÿš€

Aviso legal: Se incluyen opiniones de terceros. Esto no respresenta una asesorรญa financiera. Puede haber contenido patrocinado.ย Lee los TyC.
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๐Ÿš€BTC Buzz๐Ÿš€: Bitcoin took a slight dip to $65,000 on June 14, marking a 5% drop from last week. But don't fret, zoom out and you'll see BTC is still consolidating since March! ๐Ÿ“ˆ Analyst James Check notes, "Bitcoin very rarely goes this quiet." The 30-day price range is a mere 8.3% apart. So, what's next? Either BTC becomes a stablecoin or volatility is just around the corner. ๐ŸŽข The Bitcoin sell-side risk ratio is low, hinting most profit and loss have been realized. The market needs a move to spark the next spending spree, says Check. The 'Choppiness Index' suggests the market is ready to trend weekly but needs a monthly rest. ๐Ÿ›Œ Check's prediction: short-term volatility, but not necessarily a long-term trend continuation. The base case for Bitcoin remains 'chop-solidation' - small pumps and dumps shaking out impatient holders. ๐ŸŽ  Analyst 'Rekt Capital' sees the struggle to break out as beneficial for the overall cycle, aligning the price with historical halving cycles for a "normal, usual bull run." ๐Ÿ‚ Bitcoiner Samson Mow predicts a huge candle is coming as "the BTC coil is super compressed now." ๐Ÿ•ฏ๏ธ Market analyst Jacob Canfield sees two scenarios: a sweep low to around $66,000 before a "strong reaction bounce" to $70,000, or a "deep capitulation wick" down to $60,000-$62,000. ๐Ÿ“Š At present, BTC is 10% down from its mid-March high but remains range-bound with a lower boundary just below $60,000. So, is it the calm before the storm or a new stable era for Bitcoin? Stay tuned! ๐Ÿ“ป
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๐Ÿš€๐Ÿš€Buckle up, BTC enthusiasts! Ripple is set to launch a stablecoin, Ripple USD (RLUSD), in 2024 on the XRP Ledger and Ethereum, despite the SEC's criticism. ๐ŸŽฏ ๐Ÿ”Ripple's upcoming stablecoin, pegged to the American dollar, aims to bridge traditional finance and the crypto industry. However, the SEC has already labeled it an "unregistered crypto asset." The agency and Ripple have been at odds for years, with a lawsuit alleging Ripple conducted an unregistered securities offering by selling its XRP token. The case is now in trial, with the SEC seeking a $2 billion fine on Ripple. ๐Ÿ˜ฑ ๐Ÿ“‰Meanwhile, XRP's price is down, currently trading at around $0.47. But don't fret! Some analysts see this as a buying opportunity. The Relative Strength Index (RSI), which measures the speed and change of price movements, stands at 42, suggesting the next potential move of the asset. ๐Ÿ”ฎMatthew Dixon predicted that XRPโ€™s valuation could drop with surging US inflation. However, the rate came lower than expected, and the tokenโ€™s price spiked to almost $0.50. But it dipped again after the US Federal Reserve decided to keep the interest rates unchanged. ๐Ÿ’กStay tuned for more updates on Ripple's advancements and XRP price forecasts! ๐Ÿš€๐Ÿš€
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๐ŸŽ‰Hey BTC enthusiasts!๐ŸŽ‰ Bitcoin's price has been chilling over the weekend, hovering just over $66,000. ๐Ÿ“‰ The past week was a bit of a rollercoaster ride, with BTC starting at around $69,500, briefly touching $70,000, and then taking a dip to $65,000 - its lowest in a month! ๐ŸŽข This volatility was due to investors bracing for US CPI numbers and the FOMC meeting. The better-than-expected inflation data briefly boosted BTC to $70,000, but the Fed's refusal to cut interest rates led to another price drop. ๐Ÿ“Š Despite these fluctuations, Bitcoin's market cap has held steady at the $1.3 trillion mark, and its dominance over altcoins is just over 51% on CG. ๐Ÿ† In the altcoin world, TONCOIN and Uniswap's native token have been the week's biggest gainers, with TON adding 10% of value and UNI up by 15%. ๐Ÿš€ On the flip side, BNB has dropped by 11% and sits at $606 now. NEAR and SHIB are also double-digit losers among the larger-cap alts. ๐Ÿ˜ฌ The total crypto market cap has shed over $120 billion in the past seven days and is now at $2.550 trillion. ๐Ÿ’ธ So, that's the wrap for this week, folks! Keep your eyes on the charts and stay tuned for more updates! ๐Ÿš€๐ŸŒ•
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๐ŸŽ‰Whoa! Hold onto your hats, BTC enthusiasts! ๐ŸŽฉ Michael Saylor's brainchild, MicroStrategy, has just upped the ante! ๐Ÿ’ฐ Just a day after announcing a $500 million convertible senior note offering to buy more BTC, they've boosted their target to a whopping $700 million! ๐Ÿ’ธ This NASDAQ-listed business intelligence software firm has been on a BTC buying spree since August 2020, using various types of funding to accumulate more of the cryptocurrency. ๐Ÿ“ˆ Their latest move? Offering convertible notes to fund their BTC purchases. ๐Ÿ“ This week, the company announced plans to offer $500 million aggregate principal amount of convertible senior notes due 2032. But wait, there's more! The very next day, they increased their target by 40% to $700 million! ๐Ÿš€ The terms remain the same, with a 2.25% percentage and a due year of 2032. ๐Ÿ“… The company plans to use the net proceeds to "acquire additional bitcoin and for general corporate purposes." ๐Ÿฆ According to SaylorTracker, MicroStrategy now owns 214,400 BTC (over 1% of bitcoin's total supply). Despite a slight dip from its all-time high in March, the company is sitting pretty on a massive unrealized profit of $6.6 billion. ๐Ÿ’ต MicroStrategy's share prices, being heavily influenced by bitcoin's movements, have been on a rollercoaster ride. ๐ŸŽข They started 2024 just under $700, dipped to below $500, then soared to over $1,900 as BTC skyrocketed in March. ๐Ÿš€ Although they've retraced a bit since their peak, they're still up 120% YTD, closing Friday at $1,495. ๐Ÿ“Š So, keep your eyes on MicroStrategy, folks! They're making big moves in the BTC world, and it's a wild ride you won't want to miss! ๐ŸŒ๐Ÿš€๐ŸŒ•
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๐Ÿš€Hey BTC enthusiasts! KuCoin Research has just dropped a report on crypto performance in May, and it's a mixed bag of news. ๐Ÿ“‰The total investment in crypto dipped slightly to $1.02 billion, down 6.4% from April's $1.09 billion. However, let's not lose heart, because this is still a 10.61% increase from May 2023's $905 million. ๐Ÿ’ช ๐Ÿ”The report shows that over 50% of the projects received financing between $1 million and $10 million. Ethereum, EVM chains, and L2 networks like Arbitrum and Polygon were the darlings of institutional investors. Bitcoin also made it to the top 15 networks attracting investor interest in May, trailing behind non-EVM chain leader Solana. ๐Ÿ“Š ๐Ÿ‡จ๐Ÿ‡ณMajor Chinese institutions were super active, investing in emerging technologies and public chain networks. Animoca and OKX were particularly busy, participating in 15 and 11 deals respectively. ๐Ÿฆ ๐Ÿ“ˆInterestingly, the report found a major shift in investor focus towards memes, celebrity tokens, emerging narratives, and low market cap assets. Notcoin was a big winner in this shift. ๐ŸŽ‰ โš–๏ธLastly, the report noted that recent regulatory changes in the US have significantly impacted the crypto market, introducing new challenges for investors and market participants. But hey, we're in it for the long haul, right? To the moon! ๐Ÿš€๐ŸŒ•
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