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Good Morning Crypto Enthusiasts!

Glad to have you back for another edition of the UseTheBitcoin.com newsletter.

1. Solana Crowned Most Popular Blockchain of 2024: Solana emerges as the leading blockchain of 2024, commanding nearly 50% of global crypto investor interest. Its resurgence to 2021 highs, coupled with robust ecosystem projects and memecoins, has propelled its dominance.

2. Telegram’s Super Sushi Samurai Loses $4.6M: The Telegram game Super Sushi Samurai suffers a $4.6 million loss due to a glitch resulting in the draining of liquidity provider wallets. Although the exploit caused chaos, the individual behind it claims it was a whitehat rescue hack, offering hope for affected users and highlighting the importance of security measures in decentralized applications.

3. OKX Bids Farewell to India: OKX cryptocurrency exchange announces its departure from India due to regulatory hurdles, urging users to withdraw their funds by April 30.

4. Dogecoin's Meteoric Rise: Dogecoin experiences a 15% price surge following Coinbase's announcement of plans to introduce futures trading for the memecoin.

5. 💡Feature of the Day - Neuralink's Revolutionary Brain Implant: Neuralink showcases its brain implant in action, enabling quadriplegic patients to interact with computers using their minds. The live demonstration by Noland Arbaugh highlights the device's transformative potential in assistive technology, offering hope and empowerment to millions with neurological impairments.

6. 📜 Your Daily Thread - Have you ever wondered how much would you have made if you’ve invested before $BOME presale? @PixSorcerer studied all the recent memecoin presales so you don’t have to!

7. 📈 TA Of The Day - Price Predictions For The Top AI Tokens Set To Explode This Bull Run! As we celebrate the launch of our UseTheBitcoin.com YouTube Channel our video correspondent Ray analyzes the top AI Projects and gives his expert Technical Analysis on these alt coins. (P.S. If you haven’t already please Like, Comment, and Subscribe to our channel!)

   
   All this and more in today’s headlines!

📰 News Highlights:

🌟 Solana Crowned Most Popular Blockchain of 2024 [Source]

Solana emerges as the standout blockchain of 2024, stealing the spotlight with a commanding 49.3% share of global crypto investor interest, as per CoinGecko Research. Fueling this dominance is Solana's resurgent rally to 2021 highs, complemented by robust performances from ecosystem projects like Pyth and native memecoins such as Bonk and Slerf.

The blockchain's recent surge above $200, a level unseen in two years, underscores its resurgence, with SOL's price skyrocketing by over 700% in the past year. This remarkable ascent has been fueled by a flurry of trading activity, with Solana recording approximately $11 billion in transactions in just 24 hours, driven by the feverish trading of memecoins on decentralized exchanges like Jupiter and Raydium.

Amidst this memecoin mania, Solana's on-chain volumes have soared, reaching unprecedented heights. The blockchain's transaction fees hit a record high of $5.08 million in a single day, underscoring the network's vibrant activity and growing user engagement.

🎮 Telegram’s Super Sushi Samurai Loses $4.6M [Source][Source][Source]

A glitch in the Telegram game Super Sushi Samurai led to the draining of its liquidity provider wallets, resulting in a staggering loss of $4.6 million.

Exploiting a vulnerability in the token contract, users managed to double their funds by transferring their entire wallet balance to themselves, causing chaos within the game's ecosystem.

Although the exploit resulted in significant financial losses, there's a glimmer of hope for affected users as the individual behind the exploit claims it was a whitehat rescue hack.

With efforts underway to reimburse affected parties, the incident highlights the importance of rigorous security measures in decentralized applications.

🚪 OKX Bids Farewell to India [Source][Source]

OKX cryptocurrency exchange bids farewell to India, citing regulatory hurdles as the primary reason for its departure.

Following compliance notices from the Financial Intelligence Unit (FIU), OKX urges Indian users to withdraw their funds before April 30, signaling the end of its operations in the country.

Despite efforts to navigate India's regulatory landscape, including stringent Know Your Customer checks, OKX's decision underscores the challenges faced by foreign exchanges in the absence of clear regulatory guidelines.

🐶 Dogecoin's Meteoric Rise [Source][Source]

Dogecoin witnesses a staggering 15% surge in price fueled by Coinbase's plans to introduce futures trading for the memecoin.

The news injects fresh optimism into DOGE's market, with Coinbase Derivatives' proposal for a monthly cash-settled futures contract paving the way for enhanced market liquidity and accessibility.

Accompanying this price surge is a spike in futures open interest, crossing the $1 billion mark, and a notable uptick in whale activity, indicating growing investor confidence in Dogecoin's long-term prospects.

💡 Feature of the Day: 

🧠 Neuralink's Revolutionary Brain Implant [Source][Source]

Neuralink showcases groundbreaking footage of its brain implant in action, empowering quadriplegic patients to interact with computers using only their minds.

Through a live stream, 29-year-old Noland Arbaugh demonstrates the device's capabilities, heralding a new era in assistive technology for individuals with neurological impairments.

As Neuralink continues its pioneering work, the possibilities for enhancing human potential are limitless, marking a monumental leap forward in the intersection of technology and humanity.

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📜 Your Daily Thread:

📈 TA Of The Day: Price Predictions For The Top AI Tokens Set To Explode This Bull Run!

As we celebrate the launch of our UseTheBitcoin.com YouTube Channel our video correspondent Ray analyzes AI Projects and gives his expert Technical Analysis on these alt coins.

Gain insights into the technological advancements driving these tokens and the challenges they face in the volatile crypto market. To dive deeper feel free to read the entire article posted on our website.

😂 Crypto Meme of the Day: 

And that’s it for this this week.

Special thanks to today’s sponsor Koinley, crypto taxes made easy.

See you all for Monday’s edition!

Jonathan Gibson
UseTheBitcoin.com