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Block, Inc. reported a significant 37% increase in Bitcoin revenue in Q3 2023, reaching $2.42 billion, with an overall net revenue boost of 24% to $5.62 billion year-over-year. Block, Inc., spearheaded by Jack Dorsey, has made headlines with a notable 37% surge in Bitcoin (BTC) revenue in Q3 of 2023, amassing
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Cardano (ADA) has recently experienced a notable surge in market capitalization. Blockchain analytics firm Santiment reported a 9% increase in ADA’s market
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The native token [VGX] of bankrupt crypto brokerage firm Voyager Digital surged by 19% on Friday after on-chain data revealed that a Voyager wallet sent 52 million tokens ($7.3 million) to a burn address. Source
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For the fourth quarter that involves the key holiday season, Amazon has given its sales forecast to be between $160 billion and $167 billion. On Thursday, October 26, Amazon.com Inc (NASDAQ: AMZN) reported better-than-expected numbers for the third quarter. Amazon’s revenue for Q3 2023 jumped by 13%, a welcome development
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IBM’s Software unit delivered $6.27 billion in revenue registering an 8% surge in Q3 2023. The company has given an optimistic outlook for Q4 as well. On Wednesday, October 25, IBM Corp (NYSE: IBM) stock jumped by 1% as the technology firm announced its Q3 2023 results beating Wall Street estimates.
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Developer @punk3700 previously told CryptoX that bitcoin’s usage in DeFi applications has so far been limited to tokenized representations of bitcoin on other chains, such as Ethereum or Solana, but that the New Bitcoin City believed a gap remained for wealthy bitcoin holders to use their assets on interactive applications. Source
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“Five years ago, before the launch of Uniswap v1, I deployed a token called HayCoin to use for testing,” he posted on X. “This was back when gas was so cheap that mainnet could be used as a testnet. After the launch of v1, I created a small test liquidity
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Investors, meanwhile, have flocked to Solana-focused funds, asset manager CoinShares reported, with $24 million of net inflows last week. It was the largest weekly influx since March 2022, as SOL continued to "assert itself as the altcoin of choice," CoinShares head of research James Butterfill said. Original Source
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Traders could be betting on a development that buoys hopes for a spot bitcoin ETF in the US. Source
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Bitcoin’s layer 2 Lightning Network has seen an estimated 1,212% growth in two years, with around 6.6 million routed transactions in August, a significant jump compared to August 2021’s 503,000 transitions, according to data from the Bitcoin (BTC)-only exchange River. In an Oct. 10 report, River research analyst Sam Wouters
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