dungnguyen

@dungnguyen111

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Cango Company mined 569.9 BTC in December, up 56% from November's output of 363.9 BTC. Currently, Cango HODLs 933.8 BTC. Cango is a company based in China 🇨🇳 previously known for its auto financing and car buying activities, but has now turned its attention to Bitcoin mining.

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Metaplanet CEO Simon Georvich 🇯🇵 predicts a massive increase in global demand for Bitcoin if the United States 🇺🇸 establishes a Bitcoin Reserve. Simon notes the potential for a chain reaction, where countries compete to stockpile Bitcoin early in order to buy at a lower price than those who have been slow to do so. Simon argues that this could trigger a “global domino effect,” with countries racing to adopt Bitcoin to avoid being left behind. Gold is being hoarded in huge amounts by a few powerful countries, making it difficult for smaller countries to secure their share. This imbalance has long reinforced economic inequality on a global scale. Bitcoin, however, is a game-changer. As a decentralized and borderless asset, it gives every country—regardless of size or influence—an equal opportunity to accumulate at this early stage. Bitcoin is more than just a store of value; it is an opportunity to level the playing field and reshape the global economic power landscape.

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Someone caused a Tesla Cybertruck to explode inside the parking lot of the Trump Hotel in Las Vegas... the reason is still unknown. However, the Cybertruck is so tough that it withstood the blast, the car is still intact. What's amazing is that the glass door of the Trump Hotel didn't even shatter even though the car was right next to it.

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Grayscale Research shares Top 20 crypto research for Q1 2025.

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The Chicago Purchasing Managers' Index 🇺🇸 (PMI) fell to 36.9, below the forecast of 42.7, indicating a sharper-than-expected decline in the region's manufacturing sector. The Chicago PMI is an important indicator used to assess the health of manufacturing in the US Midwest. Levels below 50 signal a decline, while levels above 50 indicate expansion. While this indicates continued economic weakness in various parts of the US, it is not necessarily the cause of the recent market correction. The US stock market continued to decline in the final trading days of the year, likely due to fund managers taking year-end profits to protect their bonuses.

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I just unboxed this FarHero via @farquest! https://far.quest/hero/genesis-53

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In 2 days, Tether (USDT) will be delisted on most exchanges in Europe due to non-compliance with MiCA laws. Other areas are not affected. In fact, the MiCA law allows between 6 and 18 months for companies like Tether to comply with the regulation. However, Tether has previously stated that it has no plans to comply, so many exchanges in Europe have decided to delist USDT.

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ProShares files for S&P 500, Nasdaq-100 and gold ETFs priced in BTC That is, they are long on stocks or gold, combined with a short position in USD and long on BTC using BTC futures contracts. Investors want to calculate profits in BTC, not in USD

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Proof that the United States 🇺🇸 is red 🔴, bitcoin and gold are also red 🔴 according to

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KULR Company purchased 217.18 Bitcoin for $21 million to start its Bitcoin reserve fund. KULR is a leader in advanced energy management platforms.

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Existing home sales in the US are expected to close at 4.04 million units in 2024, marking the worst year since 1995. These sales are even lower than during the 2008 Financial Crisis. The reason for the decline in demand for existing homes is that home prices have increased more than 50% since 2020. During the same period, home mortgage interest rates were near X3, making affordability even more difficult. The average interest rate on the 30-year mortgage rose another 1% since September, to 7.1%, despite the Fed cutting rates by 1 basis point. Source : X @ KobeissiLetter

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Russia 🇷🇺 announced a 6-year ban on crypto mining in 10 regions, starting January 1, 2025, citing energy shortages. The 10 regions include: Dagestan, Ingushetia, Kabardino-Balkaria, Karachay-Cherkessia, North Ossetia, Chechnya, Donetsk and Lugansk People's Republics, Zaporizhzhya and Kherson.

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Arkham Intel: Mt. Gox moved $49.3 million in Bitcoin Mt. Gox is still holding $3.4 billion in Bitcoin.

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The SEC fined Tai Mo Shan, a subsidiary of Jump Trading, $123 million for manipulating TerraUSD (UST) during the May 2021 devaluation period. When TerraUSD experienced devaluation, Tai Mo Shan bought a large amount of UST to maintain the price. In return, the company receives Luna tokens early and sells them to the market for profit.

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Aptos Labs CEO and co-founder Mo Shaikh has resigned

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The oldest crypto exchange in the world, Bitstamp says that XRP will make history next year 👀

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🕹️ Come play games in the Farcade!

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CRYPTO💪💪💪 You Will Buy At The Price You Deserve - Confidence Is When Prices Rise.

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