cathyme8rewgu

@cathyme8rewgu

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Nothing beats a warm evening in the city. Enjoy!

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The SEC’s decision to drop Coinbase’s lawsuit follows earlier ones from Consensys, Robinhood, Gemini, Uniswap and OpenSea over the last week.

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“This limited our Hash rate growth but gives us massive advantages going forward that differentiate our business from the rest of the sector,” Bassett said, adding he expects the machines to “become available in volume in the coming months.”

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The recent selling edged past the second-largest period of outflows in the two weeks leading up to June 21, 2024, when the Bitcoin ETFs saw $1.12 billion worth of outflows while Bitcoin’s price was trading at around $64,000.

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https://warpcast.com/dazeng459/0x54e82e0d

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Shani Rosenfelder, the director of market insights at AppsFlyer, said that Trump emphasizing his pro-crypto stance played a role in the adoption of crypto apps:

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Trump also surprised the world by launching his own memecoin in January, attracting many first-time investors to crypto, according to a US survey conducted by NFT Evening.

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This also boosted crypto applications in the US, with apps like Crypto.com, Moonshot and Coinbase dominating the US Apple App Store’s finance category in the aftermath of the launch.

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While retention may be challenging, the AppsFlyer team suggested that crypto app marketers have a good reason to remain committed to their aggressive marketing efforts. The team shared that crypto app installs in the UAE reached nearly 3.5 million in January.

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Still, while Trump’s memecoin may have brought a new tranche of investors to crypto, a Chainalysis report showed that 813,000 crypto wallets lost up to $2 billion after buying the token.

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https://warpcast.com/dazeng459/0x54e82e0d

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Rosenfelder added that aggressive marketing efforts drove 60% of the crypto app traffic in 2024. This resulted in challenges to retaining users. The AppsFlyer team said after examining engagement trends on Android devices, that one in five apps was uninstalled within 30 days.

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https://warpcast.com/hedyelija5y/0x7348c559

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https://warpcast.com/hedyelija5y/0x7348c559

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https://warpcast.com/apollo8urson/0xeaf8bc86

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https://warpcast.com/danaver94/0xee7adf18

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https://warpcast.com/gillidar1/0xe7ef8625

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Another significant red flag for investors was that the token contract for the fake Saudi Arabia memecoin was launched onchain on Feb. 10, a week ahead of the announcement, on Solana-based memecoin launchpad Pump.fun.

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