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Crypto magnet

Top 5 crypto influencers to follow on Twitter

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Crypto Twitter is a vibrant and informative community where investors can stay up-to-date on the latest market news and trends and learn from experienced traders and analysts. However, with so many voices to choose from, it can be difficult to know who to follow. But beware! These are not the obvious personalities coming from the technical world, such as Vitalik Buterin and Michael Saylor, although we are going to include them in a...

Bitcoin, Cryptocurrencies, Ethereum

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Crypto Market Update: September 28, 2023

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The cryptocurrency market today is experiencing a mix of gains and losses. The total cryptocurrency market cap has seen a slight increase of 0.42% in the past 24 hours. Bitcoin, the largest cryptocurrency by market cap, has seen a modest increase of 0.73%, trading at $26,248.53. Ethereum, the second-largest cryptocurrency, is also up by 1.12%. In recent news, Bitget, a top crypto derivatives and copy trading platform, has unveiled its...

Bitcoin, Crypto market, Cryptocurrencies, Ethereum

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Bitcoin Inscriptions

Bitcoin Inscriptions: Data Storage on the Blockchain

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Bitcoin Inscriptions are a new way to write arbitrary data on the Bitcoin blockchain. They are a part of the Ordinals protocol, which assigns a unique identifier to each satoshi. The Taproot upgrade on the Bitcoin network has played a significant role in enabling Bitcoin Inscriptions. Bitcoin Inscriptions have various use cases, including the creation of digital artifacts and collectable art. Overview Bitcoin...

Bitcoin, Blockchain, Front page, Main, NFTs

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UTXO

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UTXO stands for Unspent Transaction Output. In the context of Bitcoin, it refers to the individual units of Bitcoin that have not yet been used or spent in previous transactions. Each UTXO holds a specific value, typically denoted in satoshis, the smallest unit of Bitcoin. These UTXOs are associated with the public key addresses of their recipients, allowing for the traceability and accountability of Bitcoin transactions. When a user...

Bitcoin, Glossary

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APY (Annual Percentage Yield)

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APY, or Annual Percentage Yield, is a measure of the rate of return that users earn when they deposit their funds in different cryptocurrency lending protocols and yield farming platforms. APY includes the effects of compound interest, which can transform low daily or hourly yields into significant amounts over time. Since APY reflects the investment return over one year, advertised rates should only be expected if funds are deposited for...

Glossary

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