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Avalanche Grant Program: Avalanche launched a $40 million grant program, Retro9000, to encourage developers to build Layer 1 networks and technical tools
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Conflux and Bonk Among Top Gainers: Conflux (CFX) and Bonk (BONK) posted impressive gains of 17.65% and 16.99%, respectively, further fueling the rally in smaller altcoins
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Conflux and Bonk Gain Big: Conflux (CFX) and Bonk (BONK) saw substantial gains of 17.65% and 16.99%, respectively, signaling a strong day for altcoins​
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GM
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Conflux (CFX) and Bonk (BONK) Among Top Gainers: CFX and BONK surged by 17.65% and 16.99%, respectively, showing strong performance in today's market​
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Bitcoin Exchange Reserves Drop: Bitcoin reserves on exchanges have hit multi-year lows, suggesting that more investors are choosing to hold rather than trade their coins
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Bitcoin Reserves on Exchanges Drop: CryptoQuant reported that Bitcoin exchange reserves have hit multi-year lows, signaling that more investors are holding their coins in private wallets​
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FTX bankruptcy ongoing: FTX’s bankruptcy continues with reports that CEO John Ray III earned over $1,500 per hour for his efforts to steer the company through the process
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Regulatory pressure continues as U.S. lawmakers debate crypto regulations, with SEC Chair Gary Gensler facing bipartisan criticism over unclear policies
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GN
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Mina Protocol: Known for its lightweight blockchain, Mina Protocol has gained over 25% in the past year. It uses zero-knowledge proofs to maintain its ultra-small size​
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Heroes of Mavia (MAVIA) - A gaming token within the Base ecosystem.
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Ethereum Resilience: Ethereum has gained 11% over the past week, showing its strength despite market corrections in Bitcoin and other major tokens. ETH’s future looks promising with increased layer-2 activity
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Bitcoin ETFs Disappoint: After their launch, Bitcoin ETFs saw high initial trading volumes but didn’t lead to a massive price surge, as many had anticipated. Bitcoin’s price remains stable, but the momentum has slowed
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Arbitrum (ARB) Price Falls: Arbitrum’s token price dropped to $0.58, reflecting a broader market correction
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MicroStrategy Increases Bitcoin Holdings: MicroStrategy has added 18.3K more Bitcoins, bringing its total to 244,800 BTC, positioning itself as a major Bitcoin holder​
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DeFi Technologies Prepares for Nasdaq Listing: DeFi Technologies has filed with the SEC to list on Nasdaq, expanding its reach beyond Canadian exchanges
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Bitcoin ETF Outflows: BTC ETFs saw a net outflow of $142 million in August, contributing to Bitcoin's 11.1% decline
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Bitcoin ETF Outflows: BTC ETFs saw a net outflow of $142 million in August, contributing to Bitcoin's 11.1% decline
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Trump's Crypto and DeFi Vision: World Liberty Financial aims to leverage stablecoins and decentralized lending. Despite backing from some parts of the crypto community, concerns persist regarding security and its political implications​
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