๐ฐ๐ฌโKyrgyzstan has issued a national steiblcoin #USDKG and announced a complete power and internet outage for mining farms across the country.
๐ฌ๐ง๐ฟ #BTC UK MP Nigel Farage said a new bill is being prepared to create a strategic BTC reserve that would also cut taxes on cryptocurrencies.
๐ณ #BTC CQ: Whales have accumulated >45,000 BTC in the last week, the second largest weekly accumulation on these wallets this year.
๐บ๐ธ๐น #BTC SEC Chairman Atkins outlined his plans for a token taxonomy, which he said would be based on the Howey test, which is applied by the SEC to determine whether an asset meets the criteria of an investment contract and therefore a security.
Atkins: "Cryptocurrencies may be part of an investment contract, but that doesn't mean they will remain so forever."
Atkins: "Cryptocurrencies may be part of an investment contract, but that doesn't mean they will remain so forever."
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๐ค #BTC Strategy's market capitalization is below the net value of BTC (mNAV) held by the company
๐ต๏ธโโ๏ธ #ETH A wallet (0xe940) linked to Ethereum co-founder Taylor Gerring staked 7,455 ETH ($25.35M) an hour ago.
๐๐ค #RWA Standard Charteredโs Geoffrey Kendrick projects the market cap for tokenized real-world assets will surge from about $35 billion today to $2 trillion by the end of 2028 โ about a 56x increase. theblock
๐ค๐ฅณ #RWA Daylight will be the first to build with the new Centrifuge whitelabel infrastructure to bring real-world energy yield onchain, enabling scalable, institutional-grade tokenization of electricity. blog
๐ณ #BTC Since Oct 28, whales have shifted from accumulation to distribution, selling more than 80,000 BTC so far.
๐ Glassnode: #BTC is one of the top assets with the slowest circulation rate in the world (over 61% of BTC supply is unchanged year-to-date and turnover remains just 0.61% of free float per day), while #ETH supply is twice as active with 1 in 4 coins locked in staking or ETFs.
Meanwhile, supply on exchanges continues to decline - about 1.5% of BTC and 18% of ETH have left the CEX.
Meanwhile, supply on exchanges continues to decline - about 1.5% of BTC and 18% of ETH have left the CEX.