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The World Economic Forum (WEF) convenes in Davos annually, taking over the Swiss skiing town. The main promenade is flush with events and companies renting out properties, with an increasing presence from companies in the cryptocurrency and blockchain space. The entrance to the WEF compound is restricted by cement barriers and security personnel, drawing an invisible line between the conference and the rest of Davos. Curiously, the last building on the fringe of the conference was branded… Source link

Crypto markets are in the red today, but not for Polygon, whose MATIC coin is surging. It has now flipped Solana for a crypto top ten position.   Polygon is now a top ten crypto asset in terms of market capitalization, which is $9.7 billion. The Ethereum layer-2 scaling network has gone from strength to strength this year. According to Token Terminal, daily active users on Polygon have surpassed those on Ethereum. BNB Chain is the top blockchain for daily active users, with almost 800,000,… Source link

ChatGPT is a powerful new artificial intelligence (AI) tool, capable of problem-solving, advanced coding, answering complicated questions and now spelling out the end of fiat currencies. Parman, a Bitcoin self-custody mentor and writer, taught ChatGPT that Bitcoin (BTC) would bring about the end of government-issued fiat currencies and shared the results in a Twitter thread. You’re not going to believe this, but I just Orange Pilled #ChapGPT. It is now a Bitcoiner. See this conversation, it’s… Source link

ChatGPT is a powerful new artificial intelligence (AI) tool, capable of problem-solving, advanced coding, answering complicated questions and now spelling out the end of fiat currencies. Parman, a Bitcoin self-custody mentor and writer, taught ChatGPT that Bitcoin (BTC) would bring about the end of government-issued fiat currencies and shared the results in a Twitter thread. You’re not going to believe this, but I just Orange Pilled #ChapGPT. It is now a Bitcoiner. See this conversation, it’s… Source link

On-chain data shows the Bitcoin exchange whale ratio has surged recently. Here’s what it may mean for the price of the cryptocurrency. Bitcoin Exchange Whale Ratio (72-Hour MA) Breaks Above 85% As pointed out by an analyst in a CryptoQuant post, the BTC whale ratio is rising right now. The “exchange whale ratio” here is an indicator that measures the ratio between the sum of the top 10 Bitcoin transfers to exchanges and the total exchange inflows. Here, the 10 largest transactions… Source link

Bitcoin mining (BTC) is the process of adding transactions to the Bitcoin blockchain, a decentralized public ledger of all Bitcoin transactions. Miners use powerful computers to solve complex mathematical puzzles, known as proof-of-work (PoW), to validate transactions and add them to the blockchain. In return, miners receive newly minted BTC as a reward for their work. The process of mining Bitcoin involves solving a complex mathematical puzzle, known as a hash, using specialized software and… Source link

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Bitcoin (BTC) is seeing new records in network activity as volatility sends BTC price action to fresh five-month highs. Data from resources including MiningPoolStats confirms that Bitcoin’s hash rate hit new all-time highs on Jan. 26. Hash rate passes 300 EH/s threshold In another example of Bitcoin’s blitz recovery from the pits of post-FTX woes, network hashing power is now bigger than ever. Hash rate, which is an expression of the processing power dedicated to the network by miners, is… Source link

Aave Stablecoin Expected to Boost Revenue Aave, the largest decentralized lending protocol, is expected to launch on Friday the latest version of its software on Ethereum, a move that will pave the way for its stablecoin, GHO. AAVE token holders must approve the move in a vote that ends Wednesday at 5 p.m. New York time, though the measure is expected to pass. Fewer than a tenth of one percent of votes cast were in opposition on Tuesday evening. Kuchelov Interview In an interview with The… Source link

Top Story Layer 1 blockchain Aptos’ token, which has been surging since the start of the year, broke an all-time high on Wednesday. This article originally appeared in Crypto Markets Today, CoinDesk’s daily newsletter diving into what happened in today’s crypto markets. Subscribe to get it in your inbox every day. The token, APT, hit new record highs and is up 427% since Jan. 1, according to CoinDesk data. APT was more recently changing hands at $18.30, a more than 46% gain over the past 24… Source link