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Columbavnes
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šŸ“° CRYPTO DAILY DEGEN DIGEST - Tuesday, May 27, 2025 šŸ”„ TOP HIGHLIGHTS • Bitcoin's price stabilizes just below $110K while institutional investors remain optimistic. • Strategy further expands its Bitcoin holdings by acquiring 4,020 BTC, bringing total to 580,250 BTC. • The Hedera Africa Hackathon has announced a $1 million prize pool, aiming to foster Web3 innovation šŸ” KEY DEVELOPMENTS • Bitcoin's recent highs attributed to instability in the Japanese bond market, signaling its role as a hedge. • Pakistan allocates 2,000MW for Bitcoin mining operations as part of its digital asset strategy. • Michael Saylor of Strategy declares on-chain proof-of-reserves to be a "bad idea" for security risks. • Migos' Instagram account was hacked in a blackmail attempt concerning Solana co-founder Raj Gokal. • The SEC is urged to clarify its stance on staking in response to ongoing regulatory uncertainty. • Tropical NFT project for enhanced financial literacy launched at Bitcoin Conference 2025.
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