📉 Ethereum's On-Exchange Supply Dips to 2016 Levels!

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💸 Bitcoin Welcomes Stably's Controversial BRC-20 Stablecoin

🎮 Crypto in Grand Theft Auto 6: Buzz or Bluff?

🤖 Nvidia's AI Boom: Outpacing Crypto

📉 Ethereum's On-Exchange Supply Dips to 2016 Levels!

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💸 Bitcoin Welcomes Stably's Controversial BRC-20 Stablecoin

Have you heard of Stably? They have rolled out their stablecoin, Stably USD, on Bitcoin using this controversial BRC-20 standard via the Ordinals protocol. Although they claim to be the first USD stablecoin on Bitcoin, others like USDT actually beat them to the punch years ago. And while the stablecoin isn't new—it first launched in 2019—it recently converted to a BRC-20 token. But there are a few odd things about Stably's claims that raise some eyebrows, like a whopping total supply of $69.420 trillion. As always, it's wise to do your own research before getting involved with new crypto assets.

🎮 Crypto in Grand Theft Auto 6: Buzz or Bluff?

The buzz is back about the possible inclusion of cryptocurrency in Rockstar Games' eagerly awaited Grand Theft Auto 6. These rumors, neither confirmed nor denied by Rockstar or parent company Take-Two Interactive, have been doing the rounds since 2021.

Many are speculating that the game might just criticize crypto and the metaverse, instead of incorporating a real cryptocurrency. Despite Rockstar banning crypto and NFTs on GTA V fan servers, these rumors persist. However, as of now, there's no substantial evidence to back up these claims.

🤖 Nvidia's AI Boom: Outpacing Crypto

Hey, guess what? Nvidia is almost worth as much as the entire crypto market! Their stock jumped 170% this year and they smashed Q1 2023 expectations, with revenue at $7.19 billion. They're even predicting $11 billion revenue by Q2 2024!

The best part? They're not just about gaming anymore. They're big in AI and data centers, supplying tech to other giants. If things keep up, they might just become the new Microsoft of the AI world. Despite competition, they seem to have a winning formula with their cutting-edge chips and unique software.ng chips and unique software, Nvidia seems to have a winning formula.

📉 Ethereum's On-Exchange Supply Dips to 2016 Levels!

In a surprising turn, just 14.85% of all Ethereum (ETH) is now held on exchanges, a record low unseen since 2016! This shift is largely due to the increased popularity of Ethereum staking, especially after the recent Shapella upgrade. It seems Ethereum holders are opting to generate passive income rather than cashing out their holdings.

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💡 What is CBDC?

A central bank digital currency (CBDC) is essentially a digital version of a fiat currency issued by a central bank, maintaining a 1:1 ratio with the fiat reserves. This innovation brings the advantages of digital assets, including lower fees and instant transactions, while mitigating the volatility typically associated with cryptocurrencies. Leveraging blockchain technology, CBDCs could offer solutions like banking services for the unbanked and real-time transactions. Check out more about it in this article