DeCenter – Blockchain and Bitcoin
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DeCenter is the #1 blockchain community in Russia with over 75 000 experts. And this is our channel for English-speaking members.

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πŸ‡°πŸ‡· Open USD (OUSD) had a start with a taste of fake hype β€” the project announced 140+ partners, but Korean companies Samsung, Dunamu, K Bank, and Shinhan stated that there were no full-fledged agreements β€” at most they were offered to "consider participation".

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πŸ“Š Bitcoin is approaching the final phase of capitulation β€” an indicator that tracks profit and loss sales, has fallen to a nearly 4-year low.

According to CryptoQuant, such levels often appeared near market bottoms β€” when most people are already selling in fear, and a major reversal might be closer than it seems.

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🀑 Trump stated, that every time his children invest in stocks or buy something, they have insider information.

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🏦 Sber intends to launch its own crypto wallet and crypto depository by early December.

Earlier, similar plans to create a digital depository for working with cryptocurrency were announced by VTB.

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☠️ Hackers hacked the Summer DeFi protocol for $6,000,000.

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πŸͺ’ User exchanged 1126 ETH ($2 000 000) for 5776 LIT ($14 208).

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πŸ‡·πŸ‡Ί Alfa-Bank proposed to join forces to create a liquid stablecoin in Russia, which will be able to compete with global crypto players, such as Binance.

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πŸ“‰ Investors have been withdrawing money from spot Bitcoin ETFs for 8 consecutive weeks β€” a total of $8.3 billion has left the funds during this period.

Only last week, the net outflow amounted to $526 million.

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πŸͺ™ Ethereum Foundation has almost sold off its ETH β€” from 17% of the supply at launch to approximately 0.1% today β€” now the foundation is cutting its budget, reducing its team, and has only a few months' worth of money reserves.

At the same time, the company Bitmine holds almost 5% of all ETH and earns more from staking than the organization that once launched Ethereum.

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πŸ“ˆ In June, stablecoin transaction volume reached a record high of $1.79 trillion β€” the indicator grew by 63% compared to May and by 125% year-on-year.

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πŸ‡ͺπŸ‡Ί Ripple has obtained a full MiCA license.

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βš™οΈ Vitalik Buterin proposed to significantly simplify Ethereum β€” part of the load to remove from the Beacon Chain and transfer to validators, and the network instead of constant calculations will verify ZK-proofs.

The idea is that Ethereum could comfortably live with millions of validators, load the network less and at the same time give participants more privacy through regular public key changes.

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πŸͺ™ Strategy sold 3 588 BTC for $225 million β€” now the company's balance is 843 775 BTC.

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🍿 Tokens worth $20,000,000 were withdrawn from the BonkDAO treasury β€” the project team stated that it was a "malicious governance attack through a sham proposal".

Do we believe it? 🚬

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πŸ–₯ Bitcoin miners are experiencing one of the most difficult periods in recent years β€” about 20% are mining BTC at a loss, and their revenues have significantly dropped.

Analysts note that such a level of pressure on miners was previously observed only before major market reversals in 2015, 2018, and 2020, which is why some investors consider this a potential signal of a market bottom formation.

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πŸ‡ΊπŸ‡Έ Trump administration's plan to create a Bitcoin reserve has encountered legal and bureaucratic obstacles β€” Bloomberg.

Initially, the reserve was expected to be managed by the U.S. Treasury, but officials are questioning whether the department has the legal authority to store and manage government BTC.

The administration is now evaluating alternative structures, including transferring the reserve under the jurisdiction of the Department of Commerce, while legal counsel from the Department of Justice is working with both agencies to determine a legally viable structure.

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πŸͺ™ Tether plans to re-issue USDT on the Bitcoin network, using the RGB protocol and Lightning Network.

Recall, Tether left the European market after the MiCA rules came into effect.

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πŸͺ’ Michael Saylor stated that yesterday's BTC sale β€” a tactically sound opportunity to obtain tax benefits (due to a realized loss) and support the STRC program.

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🧯 Tether burned 2 500 000 000 USDT on the Ethereum network.

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πŸ’Έ American investors have been pressuring BTC with sales for 50 consecutive days β€” Coinbase Premium Index remains in the negative for a record long time in Coinglass's observation history.

Simply put, Bitcoin on Coinbase is trading cheaper than on other major exchanges, and this usually indicates weak demand and a predominance of sellers from the US side.

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πŸ‡·πŸ‡Ί In Moscow, a 17-year-old teenager came to "Moscow City" to buy cryptocurrency for 1,500,000 rubles, obtained from selling a car, but the deal fell through β€” after leaving the building, he was pulled out of a taxi and his bag with money was taken.

Police detained three suspects, part of the sum has already been seized, a case was initiated under the article on grand larceny, which carries up to 12 years in prison.

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