⚛️ Today, the Cosmos Foundation sold 295 BTC ($27.7 million), which were raised during their ICO in 2017. Additionally, this year, the company sold 21 600 ETH. They still hold 96.4 BTC and 17 188 ETH worth a total of $67 million.

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.

@DeCenterOrg

🇰🇷 South Korea is experiencing a real cryptocurrency boom:

🔴 15.6 million people, or 45% of the economically active population, already own cryptocurrencies.

🔴 The number of crypto investors is growing by approximately 100 000 people every month.

🔴 Residents of the country hold digital assets worth $69 billion, with the average investor’s portfolio amounting to $4 400.

🔴 South Korea’s top 5 exchanges handle daily trading volumes of up to $10 billion, nearly catching up with the KOSDAQ stock market.

@DeCenterOrg

🪙 Bitcoin reserves on Binance have dropped below 570 000 BTC, the lowest level since January 2024.

Previously, a similar reduction in reserves preceded a 90% increase in BTC price in March.

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🪙 The publicly traded company KULR bought 217 BTC for $21 million for its strategic Bitcoin reserve — the purchase price was $96 556 per BTC.

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🦑 Squid Game Season 2 features a cryptocurrency scammer.

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🪙 Michael Saylor shared a list of 60 public companies with the largest Bitcoin reserves — topping the ranking is Microstrategy with an impressive 444 262 BTC.

According to Saylor, by 2025, Bitcoin will become a mandatory part of corporate portfolios, and the absence of crypto assets will seem unusual.

Bitcoin is no longer just an asset — it's the new standard for business.

@DeCenterOrg

🪙 An Ethereum whale who received 200 000 ETH ($62 000) during the 2015 ICO sold 3 370 ETH ($11.4 million) today. This year, the user has cumulatively sold 48 687 ETH ($171.8 million) at an average price of $3 528.

Currently, they hold 7 594 ETH ($25.7 million).

@DeCenterOrg

🪙 CEO of Tether stated that exchanges are not planning to delist USDT for European users at this time, with the exception of Coinbase, which supports USDC, the stablecoin by Circle.

It’s worth noting that banks are closely monitoring Tether's success. The company earned $2.5 billion in Q3 2024 and $7.7 billion over the past nine months. In light of these record-breaking profits, banks are planning to launch their own stablecoins for payments and other financial services.

@DeCenterOrg