Additionally, the CEO of CryptoQuant has revised his forecast and now expects Bitcoin to reach $135 000 in this cycle, with a target of $112 000 by the end of 2024.
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Currently, the mining company holds 27 562 BTC worth $2.5 billion.
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🇰🇷 The South Korean government will confiscate cryptocurrency from the exchange accounts of tax delinquents and sell it directly on the exchange.
Additionally, South Korea plans to introduce a 20% tax on cryptocurrency income starting in 2025.
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Additionally, South Korea plans to introduce a 20% tax on cryptocurrency income starting in 2025.
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Later, at its peak, he could have earned $4 million.
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🦄 The Bank for International Settlements (BIS) has published a study questioning the true decentralization of liquidity in DeFi. The analysis revealed that liquidity is largely concentrated among institutional investors, with decentralization existing only on a technical level.
Experts note that this structure resembles traditional finance and does not fully support the democratization of the market.
@DeCenterOrg
Experts note that this structure resembles traditional finance and does not fully support the democratization of the market.
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It’s worth noting that monthly inflows to CEX exchanges amounted to $10 billion, which analysts believe was one of the key factors driving this rapid growth.
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🕵️♂️ Researchers have pitched a new theory about Satoshi Nakamoto — that the Bitcoin creator never went dormant and has been strategically cashing out from early Bitcoin wallets since 2019.
Bitcoin research firm BTCparser said that there was a trove of Bitcoin wallet addresses created in 2010, each holding 50 Bitcoin, that never transferred until the first “awakening” in November 2019 — which they have called the “2010 megawhale.”
@DeCenterOrg
Bitcoin research firm BTCparser said that there was a trove of Bitcoin wallet addresses created in 2010, each holding 50 Bitcoin, that never transferred until the first “awakening” in November 2019 — which they have called the “2010 megawhale.”
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A cybersecurity expert remotely modified the firmware of a smart coffee maker, turning it into an uncontrollable device. It now displays the message "I won’t work until you send a ransom" and uses idle resources to mine cryptocurrency.
The experiment highlights the risks associated with the lack of security in smart home appliances.
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🇭🇰 In November 2023, the Hong Kong-based company Boyaa Interactive announced plans to acquire cryptocurrency worth up to $100 million. Since then, they have accumulated 1 110 BTC and 14 855 ETH.
Boyaa executed a significant trade, converting 14 200 ETH into 515 BTC (worth $50 million), showcasing the company's confidence in Bitcoin's long-term potential.
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Boyaa executed a significant trade, converting 14 200 ETH into 515 BTC (worth $50 million), showcasing the company's confidence in Bitcoin's long-term potential.
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🍌 Justin Sun ate the art piece banana, which he had previously purchased for $6.2 million.
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