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@bok

2045 Following
1282 Followers
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@bok
According to official data, as of November 21st, Circle has issued approximately $3.7 billion in USDC over the past 7 days, redeemed approximately $2.2 billion in USDC, and increased its circulation by approximately $1.4 billion. The total circulation of USDC is 38.1 billion US dollars, with reserves of 38.3 billion US dollars, including approximately 5.8 billion US dollars in cash and 32.5 billion US dollars held by CircleSReserve Fund. @gyomei
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Life requires us to be positive and upward @seizersalad @finimaxi
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Delio, a South Korean virtual asset deposit platform, has been declared bankrupt by a Seoul court. Delio suspended withdrawals last year and owes customers 245 billion Korean won (1.75 billion US dollars). It will initiate liquidation procedures, and customers can claim compensation before February 21, 2025. The first creditors' meeting will be held on March 19. The platform's assets are mostly stored in FTX accounts, and after FTX goes bankrupt, it is unable to recover assets, resulting in the inability to return customer assets, affecting approximately 2800 customers. @yogtalks
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Today's relaxing time 11. Listen to the wind, loo @ersmith4k
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According to News.bitcoin, the total NFT transaction volume this week was $179.48 million, an increase of 90.74% compared to the previous week. Ethereum NFTs are leading among 21 blockchains, with a transaction volume of $67.72 million within seven days, an increase of 126.79% from last week. Bitcoin NFT ranked second with a transaction volume of 59.96 million US dollars, a month on month increase of 129.22%. Solana based digital collectibles ranked third with a transaction volume of $24.39 million, an increase of 91.85% from the previous week. Blast blockchain has achieved a growth of 256.30% in the past week, but the total transaction volume is only $718850. @gypsykiddo
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According to Cointelegraph, a ruling by the New York State Supreme Court allows Greenidge Generation to continue generating electricity and mining Bitcoin at its factory in Dresden, New York, and reapply for a Chapter V air permit under the Clean Air Act that was denied by the New York State Department of Environmental Protection (DEC) in June 2022. However, the court also confirmed DEC's right to refuse permission under the Climate Leadership and Community Protection Act (CLCPA). The court considers DEC's decision to be arbitrary and capricious, but there is no evidence to suggest that DEC has engaged in improper policy-making, which means that Greenidge's license will be reconsidered. @toyvo
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Life requires us to be positive and upward @yuigxbnj
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According to TheBlock, Santiago Roel Santos, who previously served as a partner at ParaFiCapital, a blockchain venture capital firm, announced the launch of Inversion Capital, a private equity fund aimed at acquiring traditional enterprises and transforming their operational methods by adopting encryption technology. Santos believes that some companies can solve coordination problems by adopting encryption tools, which "manifest as higher operating costs, capital expenditures, or decreased unit economic benefits". Whether business owners are unwilling to accept cryptocurrency is not important, as Inversion Capital will not become an investment partner - it will directly acquire these businesses. @irgiansyah23
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According to a report by TheBlock, Standard Chartered Bank analyst Geoff Kendrick predicts that if the Republican Party successfully controls both houses of the US Congress, the cryptocurrency market value could reach $10 trillion by the end of 2026, a 300% increase from the current $2.7 trillion. Kendrick believes that a Republican led government may bring friendly policies, such as relaxing stablecoin regulations and adopting a more lenient stance at the US Securities and Exchange Commission, promoting significant benefits such as Bitcoin reserves. In addition, it is expected that fields such as encrypted gaming, tokenization, and decentralized IoT will benefit from a more friendly policy environment. @ygorpicolino
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Go love concrete life @ersan
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According to Lookonchain monitoring, a MEMEcoins hunter earned approximately $1.77 million from Pnut in just 2 days. This trader started trading MEMEcoins 15 days ago and traded 62 tokens with a win rate of 43.55%. He discovered Pnut, HIMA, ProjectSid, and RIPETH, and made a profit of $955000 in just 15 days. @rtia
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Radiance is not the right of the sun, but you can @dristov
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According to Coindesk, a judge in New York has ruled that the criminal trial of TornadoCash co-founder RomanStorm will be postponed until April 2025 to resolve differences revealed by expert witnesses. The original trial date was set for December of this year. Storm's legal team has applied for an injunction to the US Second Circuit Court of Appeals to overturn the order regarding the expert witness, and its hearing is scheduled for November 12th. Storm is charged with three counts of aiding money laundering, unauthorized remittance, and violating sanctions. If convicted, he will face up to 45 years in prison. @tiffalockheart
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The Bitcoin Policy Institute recently published a paper titled "The Case of Bitcoin as a Reserve Asset," which suggests that central banks around the world should use Bitcoin as a reserve asset to hedge against rising inflation, geopolitical risks, capital control risks, sovereign defaults, bank closures, and international sanctions imposed by the US government. The author of the paper, economist Matthew Ferranti, believes that Bitcoin is an "effective portfolio diversification tool" due to the weak correlation between decentralized assets and other financial instruments. @oftenbach
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Step back, the sea is wide and the sky is wide. You step back, I won't step back @sewage @seungddoddo
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According to on chain analyst Yu Jin's monitoring, James Fickel, the ETH/BTC exchange rate bull with the largest position on the chain, deposited 20000 ETH ($50.63 million) into CoinbasePrime 7 hours ago. He continued to sell 2000 ETH for WBTC today, just like the previous two days, to reduce his position. He also redeemed 26624 ETH ($67.35 million) from Lido and deposited 20000 ETH ($50.63 million) into Coinbase Prime. @sewatye
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According to the AXIOS website, two informed sources said that Israel began launching attacks on Iran early Saturday morning local time in retaliation for Iran's large-scale ballistic missile attack on October 1st. Iranian state television reported that explosions occurred in several areas, including Tehran. US and Israeli officials believe Iran will make a military response, but hope it will be limited and break the cycle of tit for tat between these two opponents. Before Israel could attack Iran, the US military has increased its forces in the region in the past few weeks. US officials say the purpose of doing so is to prevent Iran from responding and help Israel defend against another round of missile attacks from Iran. @eurocup
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According to Coindesk, according to two memoranda released by the US Securities and Exchange Commission, the New York Stock Exchange will be allowed to list and trade options on Grayscale Bitcoin Trust (GBTC), Grayscale Bitcoin Mini Trust (BTC), and Bitwise Bitcoin ETF (BITB). Cboe Global Markets has been approved to list and trade options on the Fidelity Wise Origin Bitcoin Fund (FBTC) and ARK21 Shares Bitcoin ETF (ARKB). A few weeks ago, the US Securities and Exchange Commission approved Nasdaq's rule proposal to allow BlackRock's iShares Bitcoin Trust (IBIT) options to be listed and traded. Many market participants believe that option trading on Bitcoin ETFs will increase institutional interest in cryptocurrencies and overall liquidity. @sewer1199.eth @seitama
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What are you talking about? I am an out of print version @seungjing
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The Trump family's encryption project WorldLiberty Financial (WLF) has released a 13 page "WorldLiberty Gold Paper" document, detailing the project's mission and token allocation plan. The documents show that the Trump family will receive 75% of the net benefits of the project without any responsibility. According to the document, DTMarksDEFILLC, a Delaware company associated with Trump, will receive 75% of the net agreement revenue. The remaining 25% of net agreement revenue will belong to Axiom Management Group (AMG), a Puerto Rican company wholly owned by project co founders Chase Herro and Zachary Falkman. AMG has agreed to distribute half of its revenue rights to WCDigitalFi, an affiliate of Trump's close friend, political donor Steve Witkoff, and some members of his family. @seulgilown @sewa616
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