Tuesday, February 7

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Elon Musk To Face Legal Action For His Intention To Decline From Buying Twitter.
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Elon Musk To Face Legal Action For His Intention To Decline From Buying Twitter.

According to Elon Musk’s letter, He intends to end the $44 billion Twitter deal on Friday to Twitter’s board. The letter stated that Musk is terminating the merge because Twitter “appears to have made false and misleading representations,” claiming that Twitter was not clear about its process for auditing spam and fake account and identifying do away with such accounts. More also Musk express his mood about the ongoing news that the Lawsuit filed will force Twitter to share the data surrounding bot activity. Read Also: Web3 Protocol Once On Terra Blockchain Migrates To Polygon. The comment was not that suit the community as captured by the community that commented on his tweet. For instance, some see this act of Elon Musk as breaking the law. https://twitter.com/Ann...
Binance Is Now Registered As A Virtual Asset Service Provider By Bank Of Spain; It Is Crucial To Broader Adoption Of Crypto  Says CZ
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Binance Is Now Registered As A Virtual Asset Service Provider By Bank Of Spain; It Is Crucial To Broader Adoption Of Crypto Says CZ

The Binance's zeal to cover the entire globe is growing every day. The evidence is everywhere ranging from the countries they have covered and the areas of the target. For instance, Binance was reported by Crytolifedigital visiting the African continent for the expansion of Binance and crypto as a whole. Recently he met with the Ivory coast's President,  OUATTARA, and the Government on the bright side of crypto adoption and also made requested the integration of this activity into the country’s commercial exchanges. Read Also: Shiba Inu is Now Accepted As Payment In Dripto, A Digital Marketplace More also, in May, the crypto exchange secured VASP approval from France's financial market regulator, Autorité Des Marchés Financiers, giving the exchange the necessary registration t...
CoinMarketCap Has Finally Verified The Circulating Supply of BabyDoge, Investors, And Traders Can Now Oversee Important Metrics.
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CoinMarketCap Has Finally Verified The Circulating Supply of BabyDoge, Investors, And Traders Can Now Oversee Important Metrics.

CoinMarketCap has finally verified the circulating supply of the 229th-ranked BabyDoge coin, which is found to be 153,207,172.17 billion meme coins. According to the official Twitter account of Babydoge, the potential and current investors and traders will be able to get more data about this meme cryptocurrency and oversee important metrics related to it. Read Also: The Community applauded Ripple's And Binance's Announcement of a Job Interview Amid Bear Market https://twitter.com/BabyDogeCoin/status/1537403636229328897 According to the team behind the BabyDoge account, the verification came after almost a year. BabyDoge Address on the Increase A tweet posted on May 29th revealed a total of 1,550,000 addresses hold BabyDoge meme coins. As reported by Cryptolifedigital...
Dogecoin Creator taught Binance CEO on History of Cryptocurrency Market
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Dogecoin Creator taught Binance CEO on History of Cryptocurrency Market

Dogecoin creator Billy Markus noted Binance CEO changpeng Zhao’s post on Twitter about the meaning of the popular "HODL" internet meme. Zhao assumed that HODL is an acronym that means "Hold On for Dear Life," but the Dogecoin founder rushed to correct the CEO of one of the biggest cryptocurrency exchanges in the world. Read Also: Upcoming Vasil Hard Fork might be available on public testnet by June 2 As stated by the creator of the most famous meme coin on the market, the origins of the HODL meme are going back to the Bitcointalk forum, which was a shelter for cryptocurrency and Bitcoin enthusiasts back when crypto was not hitting the levels of adoption we see today. https://twitter.com/BillyM2k/status/1528954003454836736 The user with the name  "GameKyuu...
Ethereum Testnet, Ropsten to Face Consolidation(transition from proof-of-work to a proof-of-stake network) in Early June
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Ethereum Testnet, Ropsten to Face Consolidation(transition from proof-of-work to a proof-of-stake network) in Early June

In the late tweets from  Ethereum, developers suggest that the Ropsten testnet might undergo a "merge" next month ahead of deployment on the main network. On June 8, the Ropsten "merge" is likely to take place, while the mainnet rollout is expected to happen later this year. Read Also: Avalanche (AVAX) Team Shows Reason Subnets Are Better Than Other Scalability Solutions The merge refers to Ethereum's long-awaited transition from a proof-of-work to a proof-of-stake network. After the switch, stakers rather than miners would process and validate Ethereum transactions, resulting in a speedier and more "eco-friendly" network. The planned transition is expected to occur in stages, First, the genesis version of the consensus layer is fabricated, and then the testnet (Ropsten...
Dogecoin Will Rise15% If This Pattern Plays Out Correctly
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Dogecoin Will Rise15% If This Pattern Plays Out Correctly

The first Memecoin on the cryptocurrency market, Dogecoin, has a clue of intraday traders thanks to the symmetrical triangle pattern, which may release DOGE forward if it plays out in favor of bulls. Traders usually consider a symmetrical triangle a bullish pattern as it statistically results in an upward breakout. But at the same time, traders should not forget about the possibility of a bearish scenario in which an asset breaks the lower border of a pattern and speed downward. Read Also: As Part of Vasil Hard Fork, Cardano's Smart Contracts to Decrease Transaction Size in New Update Uninterestingly, DOGE is more actively testing the lower border of the formation, hinting at a plunge down rather than a short-term upward rally. Long-term Dogecoin scenario Because of the cur...
Bitcoin Regains $5k While The Cardano And Polkadot Spikes by 25%: Bullish Market
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Bitcoin Regains $5k While The Cardano And Polkadot Spikes by 25%: Bullish Market

Almost all of the crypto market has turned green, except for a few exceptions like Terra (another 99% daily dump). After several days of massacres, bitcoin finally initiated an impressive leg up, resulting in a $6,000 green daily candle. Most altcoins also joined the ride, with massive price increases from Cardano, Polkadot, Avalanche, and others. Read Also: SHIB Spike 25% as Token Gets Listed on Top Middle East Crypto Exchange Bitcoin Taps $30K The volatile nature of the cryptocurrency market has been quite evident in the past ten days ago. On May 5, bitcoin stood close to $40,000, with the community anticipating another price jump. Still, the reality was majorly more brutal and violent. BTC was firstly dumped by $4,000 in hours before sliding below $34k just a few days af...
Whale Holding 1.14 Trillion SHIB Buys Yet Another 57 Billion Coins
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Whale Holding 1.14 Trillion SHIB Buys Yet Another 57 Billion Coins

Whalestat has brought forward that the Ethereum whale ranked 72nd on the scale of this crypto data service has amassed a huge chunk of  Shiba Inu, adding to his stash of these meme coins, which already constitutes 1.14 trillion SHIB. Read Also: Cardano Founder, Charles Hoskinson Highlights Best Part of Cardano's eUTxO Architecture The transaction took place approximately 20 hours ago. Whale buys 57 billion Shiba The aforementioned crypto data service spotted Ethereum whale "Bombur" purchasing a total of 56,946,679,217 SHIB for $1,070,028. After the acquisition, the amount of Shiba Inu coins held by this cryptocurrency wallet increased to 1,147,843,854,587 SHIB. https://twitter.com/shibaqueen3/status/1523340472403513345 apart from that, "Bombur" and another...
What is Seed Phrase and How to Use It Securely
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What is Seed Phrase and How to Use It Securely

A cryptocurrency wallet is an endpoint to the world of blockchain and web3 technology. It permits crypto enthusiasts to save, send, receive, and (in some cases) exchange their assets with each other. While crypto wallets unlock a plethora of new opportunities in terms of security, transparency, and censorship resistance, using them takes basic skills of crypto security and a high-level understanding of how blockchains work. Read Also: Scam Alert: NFT Major OpenSea gets Its Main Discord Hacked What are crypto wallets? In general, a crypto wallet is a software mechanism designed for storage, sending, and exchanging cryptocurrency. At the same time, a crypto wallet is an address in the blockchain associated with this or that keypair (private and public key). Just like a bank acco...
Elon Musk To Serve As Temporary Twitter CEO After Finalization: Report
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Elon Musk To Serve As Temporary Twitter CEO After Finalization: Report

With the Twitter-Musk deal expected to be completed soon, new reports reveal that the billionaire will be set up as temporary CEO. Tesla and SpaceX CEO Elon Musk is expected to temporarily take the CEO position at the social media giant Twitter, after the deal to buy the firm is concluded. Read Also: Terra Bypasses Tesla As It Becomes The Second-largest Corporate Holder Of Bitcoin As stated by a report by CNBC on Thursday (May 5, 2022), anonymous sources revealed that Musk will serve as Twitter’s CEO for a few months after the takeover of the company. Parag Agrawal, who is currently at the helm, began his leadership position at Twitter back in November 2021, after taking over from Jack Dorsey. The latter is a well-known bitcoin proponent who stepped down after year...