🇨🇳 The Chinese company Cango, specializing in automotive services, has unexpectedly become the third-largest Bitcoin miner in the world.
The company plans to spend around $400 million on purchasing Antminer S19 XPs. This will allow it to reach Marathon’s total hashrate level if the deal for an additional 18 EH/s is completed.
@DeCenterOrg
The company plans to spend around $400 million on purchasing Antminer S19 XPs. This will allow it to reach Marathon’s total hashrate level if the deal for an additional 18 EH/s is completed.
@DeCenterOrg
On average, each BTC is now worth $68 382 more than when it was acquired.
@DeCenterOrg
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🏡 The famous Bitcoin Family sold their $300 000 house for 100 BTC in 2017 — and today, they could buy it back for just 4 BTC (adjusted for inflation).
«If we had kept $300,000 in a bank account since 2017, we wouldn’t be able to buy the house back».
@DeCenterOrg
«If we had kept $300,000 in a bank account since 2017, we wouldn’t be able to buy the house back».
@DeCenterOrg
🇸🇻 El Salvador has reached a $1.4 billion loan agreement with the IMF — Bitcoin adoption will become voluntary, and the government will reduce its involvement in BTC-related projects.
@DeCenterOrg
@DeCenterOrg
🇧🇹 Changpeng Zhao (CZ) met with the King of Bhutan (the King is on the left).
The Bhutanese government currently holds 12 202 BTC ($1.2 billion).
@DeCenterOrg
The Bhutanese government currently holds 12 202 BTC ($1.2 billion).
@DeCenterOrg
🇺🇿 Uzbekistan has significantly increased state fees for cryptocurrency market participants:
🔴 For exchanges: from $21 000 to $2.1 million;
🔴 For exchangers: from $5 300 to $108 300;
🔴 For custodial services: up to $201 100;
🔴 For mining pools: up to $85 100.
The regulator stated that the new fees aim to protect the market from fraudulent projects. The country has licensed two exchanges, three custodial services, and nine exchangers.
@DeCenterOrg
The regulator stated that the new fees aim to protect the market from fraudulent projects. The country has licensed two exchanges, three custodial services, and nine exchangers.
@DeCenterOrg
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🇫🇮 The mining company Marathon has launched its second centralized heating project in Finland. A city with a population of 67 000 is now heated exclusively using heat generated during the Bitcoin mining process.
The total number of residents benefiting from heating provided by the company’s projects has reached 80 000.
@DeCenterOrg
The total number of residents benefiting from heating provided by the company’s projects has reached 80 000.
@DeCenterOrg
🇫🇷 The second-largest bank in France, Groupe BPCE, is set to launch cryptocurrency trading services for its 35 million users.
@DeCenterOrg
@DeCenterOrg
🇸🇻 President of El Salvador, Nayib Bukele, has increased daily BTC purchases, aiming to acquire an additional 20 000 BTC.
@DeCenterOrg
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🇱🇺 Luxembourg has passed a new blockchain law that simplifies the process of issuing digital investment funds.
@DeCenterOrg
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🇺🇸 Donald Trump has appointed former football player Bo Hines as the head of the U.S. "Crypto Council."
Previously, Trump named David Sacks, a former PayPal executive, as the "Crypto King."
@DeCenterOrg
Previously, Trump named David Sacks, a former PayPal executive, as the "Crypto King."
@DeCenterOrg
🗽 Peter Schiff, one of the most prominent critics of Bitcoin, has proposed the idea of launching a national cryptocurrency for the United States. In his view, instead of building strategic reserves in Bitcoin, the country could significantly save by creating its own digital asset, “USAcoin.”
Schiff suggested limiting the supply of USAcoin, similar to Bitcoin, but integrating an enhanced blockchain. This would provide the new cryptocurrency with high functionality, making it suitable for everyday payments.
@DeCenterOrg
Schiff suggested limiting the supply of USAcoin, similar to Bitcoin, but integrating an enhanced blockchain. This would provide the new cryptocurrency with high functionality, making it suitable for everyday payments.
@DeCenterOrg
@DeCenterOrg
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ATOM, the project's native token, is showing one of the worst performances. When BTC was priced at $16 000, ATOM traded at $10, but now its value has dropped to $6.8.
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🛰️ Elon Musk's SpaceX uses stablecoins to hedge against currency risks. The company accepts payments for its Starlink satellite internet service from clients in so-called "long-tail countries" and converts these payments into stablecoins.
SpaceX then converts the stablecoins back into US dollars.
@DeCenterOrg
SpaceX then converts the stablecoins back into US dollars.
@DeCenterOrg
❄️ Tether has frozen another address holding 13 144 000 USDT on the Ethereum blockchain.
@DeCenterOrg
@DeCenterOrg