ππ #BTC has entered the era of institutional dominance. The share of retail volume ($0-$1K) has declined from 1.8% in 2021 to the current 0.48%, indicating the growing dominance of larger players in the total transaction volume. cryptoquant
πΉπ· According to Bloomberg, Faruk Fatih Ozer, founder and former CEO of the defunct Turkish cryptocurrency exchange Thodex, has been found dead in his prison cell. Authorities are investigating the possibility of suicide. Ozer was sentenced to 11,196 years in prison in 2023 for fraud and other crimes.
Thodex was founded in 2017 and collapsed in 2021, after which Ozer fled to Albania before being extradited back to Turkey.
Thodex was founded in 2017 and collapsed in 2021, after which Ozer fled to Albania before being extradited back to Turkey.
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π£ Elon Musk unveils X Chat, an encrypted messenger βsimilar to #BTC,β set to launch within months with no ads or data sharing. cointelegraph
π΅οΈββοΈπ³ #BTC Wallets holding 10Kβ100K BTC bought 52,503 BTC in October, worth $5.7B at current prices.
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πΈπ»π #BTC El Salvador has increased its holdings by another 6 BTC in the last 7 days.
π #FTT FTX lenders spokesperson Sunil stated that the real cryptocurrency repayment rate for FTX lenders ranges from 9% to 46%, and the actual value could be even lower due to the current high cryptocurrency prices. Even with a nominal payout of 143%, lenders will still not be fully funded in real cryptocurrency terms. Projects are expected to provide additional funds to FTX creditors outside of the bankruptcy process. Paradex has already transferred tokens to FTX creditors, and other projects are likely to follow.
π¦πͺπββοΈ #BTC "du", the UAE's second largest telecommunications provider, launches BTC cloud mining service.
π±π€ #BTC Crypto market sentiment is still stuck in βFEARβ even after Trumpβs trade deal with China.
π₯³ #ASTER CZ: Full disclosure. I just bought some Aster today, using my own money, on Binance. I am not a trader. I buy and hold.