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🪒 Last night, Bitcoin briefly plunged to $90 500 — over the past 12 hours, traders' positions worth $725 million were liquidated, most of them being long positions.
Currently, the leading cryptocurrency has recovered and is trading around $98 000.
@DeCenterOrg
Currently, the leading cryptocurrency has recovered and is trading around $98 000.
@DeCenterOrg
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The state has already invested $800 million in crypto assets through its pension fund and intends to allocate 1% of the fund's assets ($1.857 billion) to create the reserve. Additionally, there are discussions about using the budget surplus ($116.5 billion) for investments.
Florida could become a pioneer among U.S. states in integrating Bitcoin at the government level.
@DeCenterOrg
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DeCenter – Blockchain and Bitcoin
🪒 Last night, Bitcoin briefly plunged to $90 500 — over the past 12 hours, traders' positions worth $725 million were liquidated, most of them being long positions. Currently, the leading cryptocurrency has recovered and is trading around $98 000. @DeCenterOrg
🐋 During today’s drop in BTC to $90 500, major players demonstrated that “smart money” knows how to capitalize on moments of market panic. BlackRock and Marathon purchased 7 750 BTC and 1 423 BTC, respectively.
The price of the leading cryptocurrency plummeted by over 13% — from a historical high above $104 000 to $90 500, before starting to recover and reaching $98 000.
Such actions by investors highlight a strategic approach: buying when the market is under pressure and laying the groundwork for future growth.
@DeCenterOrg
The price of the leading cryptocurrency plummeted by over 13% — from a historical high above $104 000 to $90 500, before starting to recover and reaching $98 000.
Such actions by investors highlight a strategic approach: buying when the market is under pressure and laying the groundwork for future growth.
@DeCenterOrg
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🇨🇿 The Czech Republic will allow crypto companies to open bank accounts.
Earlier, the Czech Parliament abolished the capital gains tax on BTC if it was held for more than three years.
@DeCenterOrg
Earlier, the Czech Parliament abolished the capital gains tax on BTC if it was held for more than three years.
@DeCenterOrg
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🇮🇷 The Iranian government holds cryptocurrencies worth $50 billion, which accounts for about a third of the national gold market, with daily cryptocurrency trading volumes in the country reaching $143 million.
@DeCenterOrg
@DeCenterOrg
⚒️ Riot Platforms, one of the largest American miners, will raise $500 000 000 to buy BTC.
@DeCenterOrg
@DeCenterOrg
🇨🇳 Former Binance CEO Changpeng Zhao stated that China will inevitably create a strategic Bitcoin reserve.
According to him, the Chinese government will not announce the creation of the reserve publicly but will do so post-factum.
@DeCenterOrg
According to him, the Chinese government will not announce the creation of the reserve publicly but will do so post-factum.
@DeCenterOrg
🇦🇪 The UAE Central Bank has approved the launch of AED Coin, the country's first stablecoin pegged to the dirham.
According to the development team, the launch of this stablecoin will address the needs of individuals and businesses by providing a secure and stable payment instrument.
@DeCenterOrg
According to the development team, the launch of this stablecoin will address the needs of individuals and businesses by providing a secure and stable payment instrument.
@DeCenterOrg
@DeCenterOrg
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Initially, RLUSD will be issued on the XRP Ledger and Ethereum blockchains.
Many analysts view Ripple's stablecoin as a direct competitor to USDT and USDC.
@DeCenterOrg
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🇮🇳 India is preparing for a shift to a CBDC-based economy — the country's central bank is confident that the digital rupee could completely replace the "inconvenient" (hard-to-track) paper economy in the future.
@DeCenterOrg
@DeCenterOrg
🕵️♂️ User fell victim to scammers, giving away 80.7 SolvBTC (wrapped Bitcoin) worth $7 800 000 by signing a phishing transaction.
@DeCenterOrg
@DeCenterOrg