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Coachella is not just any music festival; it is a cultural phenomenon that has captivated music fans worldwide since its inception in 1999. With its star-studded lineup, art installations, and fashion-forward attendees, Coachella has always been at the forefront of innovation in the festival scene. However, the introduction of Coachella Quests takes fan engagement and
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The recent Bitcoin price dip, which saw the cryptocurrency fall below $67,000, has sparked concerns among investors. However, crypto analyst Michael van de Poppe has a different perspective on the situation. He suggests that the decline presents an opportunity for investors to acquire Bitcoin at a lower price. In a recent social media post, Poppe
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KuCoin, a prominent cryptocurrency exchange, has recently faced legal challenges with US authorities, leading to a noticeable decrease in user assets on the platform. A proof-of-reserve certificate released by the exchange highlighted the sharp decline in user holdings, with Bitcoin balances dropping by 25.4% to 12,114 BTC in March. Similarly, Ethereum balances saw a decrease
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Recently, industry analytics provider Glassnode reported that long-term holders have begun distributing BTC and selling to new investors at higher prices. This movement represents an injection of new capital into the asset class, ultimately driving the realized cap to new heights. Realized cap is a measure of cumulative USD liquidity ‘stored’ in the asset class.
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The Bitcoin mining industry experienced an unprecedented boom in March, raking in over $2 billion to secure the leading cryptocurrency network. Data from Blockchain.com reveals that miners collectively averaged a staggering $65.23 million per day over the course of the month. This figure surpassed the previous two months’ 30-day averages of $48.31 million in February
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