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Cardano’s Inventor Predicts An “Internet Of Blockchain”

The cryptocurrency industry is cruising right now, with over 1,600 cryptocurrencies around the world. The masses are accepting crypto as a viable payments system, and its mass adoption is already here. One major reason behind the industry’s growth is the constant delivery of esteemed ventures like Cardano. The Swedish cryptocurrency has had a terrific year…

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Bitcoin Surges After Huge Plunge

The crypto network is full of uncertainties, as proven by Bitcoin’s recent fall. The crypto reached the 63,000 dollar mark and then plummeted to 53,000 dollars quickly, even going below the 50,000 dollars mark. The price decrease severely affected retail investors, especially the young ones. According to sources, crypto traders are below the age of…

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This mining firm is tackling Bitcoin’s greenhouse gas problem in a unique way

Crusoe Energy, a Colorado-based mining and alternative energy firm, is tackling Bitcoin’s climate impact in a previously unseen manner, as per a feature on tech publication TechCrunch today. The firm has raised $128 million from investors for its cause. Bitcoin’s massive energy usage stems from the process of ‘mining,’ which sees the use of elaborate…

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Ethiopian government to use Cardano blockchain to benefit 5 million students

Global blockchain research and Cardano development company IOHK has announced a partnership with the Ethiopian Government, as per a release shared with CryptoSlate. “Ethiopia’s blockchain-based education transformation is a key milestone on IOHK’s mission to provide economic identities and employment, social and financial services for the digitally excluded,” said IOHK African operations director John O’Connor…

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Data shows old Bitcoin holders aren’t selling even as newcomers get hit by volatility

Last week saw global markets react to news of potential tax law amendments in the United States. As CryptoSlate reported, sources close to the current Biden administration said policymakers were planning to increase taxes for wealthy investors to as much as 43.50% for gains above $1 million. The news resulted in a sell-off that saw…

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‘Wolf of Wall Street’ Jordan Belford is urging people to pump his Twitter followers and Dogecoin

Jordan Belford, the infamous penny stock guru, is urging his 422,000 Twitter followers to pump his Twitter followers, and presumably the prices of Dogecoin and a few other altcoins, a recent tweet showed. “If you want Pump, 5 DAYS. Get me to 500K follows by 5/1,” he tweeted, adding the tickers of meme currencies Dogecoin…

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Bulls push Ethereum price higher ahead of Friday’s $930M options expiry

Bulls have a $115 million lead on Friday’s $930 million Ethereum options expiry, a signal that ETH could be en route to new all-time highs. The last couple of weeks have been nothing short of a roller coaster for Ether (ETH), which oscillated between $2,000 and a record-high $2,650. The 20% crash on April 17…

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Bitcoin dominance drop and resistance at $55K stoke altseason hopes

Ethereum’s new all-time high, a drop in Bitcoin’s dominance rate and overhead resistance at $55,000 have analysts predicting that an altcoin season is at hand. The overall cryptocurrency market saw a second day of gains on April 27 after the weekend sell-off proved to be a good buying opportunity for retail and institutional investors. Lower…

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MetaMask cites ‘global south’ for their 5x increase in users

The wallet service and browser extension has seen its active monthly users grow five times since October 2020. MetaMask, the Ethereum (ETH) wallet service and browser extension, has recorded 5 million monthly active users for the first time — marking a major milestone in the growth of decentralized applications.  The rise in growth came just…