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Bitbot: Revolutionizing Telegram Trading Bots

Bitbot: A Game-Changer in Telegram Trading Bots In the fast-paced world of cryptocurrency, few developments have captured attention quite like Bitbot. Mere weeks after surpassing the seven-figure mark in its presale, this innovative Telegram trading bot has amassed over $2 million, garnered 80,000 followers on Twitter X, and built a community of more than 27,000 members on Telegram. The enthusiasm surrounding Bitbot is a testament to its strong market presence and the compelling nature of its product offering. The Growth of the Telegram Trading Bot Market The landscape for Telegram trading bots has evolved dramatically. Back in October, daily active users numbered under 10,000, but the market has since ballooned to a staggering \(1.4 billion in market cap. The cumulative trading volume has reached \) 18 billion, with a remarkable $12 billion generated in 2024 alone. This trend signals a vibrant industry poised for exponential growth. Competitors in the Market Key players like...

Introducing the PROOF Act: Safeguarding the Crypto Industry with Transparency and Oversight

The PROOF Act, introduced by Senators Thom Tillis and John Hickenlooper, seeks to address the need for increased transparency and oversight in the crypto industry. The bill aims to prevent another collapse similar to that of FTX by establishing safeguards and implementing monthly proof of reserves reports from auditing firms. In addition, the PROOF Act sets baseline account standards for digital exchanges and includes civil penalties for non-compliance. While the passage of the bill remains uncertain, proponents argue that proof of reserves can provide the much-needed transparency and oversight necessary for the stability and growth of the crypto industry.

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