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According to News.bitcoin, a law enforcement agency in South Africa recently arrested a 35 year old man on suspicion of using cryptocurrency to fund terrorist activities. The investigation was launched in May 2018, when the Financial Intelligence Center (FIC) and investigative teams received information about suspicious transactions suspected of being related to terrorist financing. It is reported that on November 30, 2017, the suspect purchased $614 worth of Bitcoin through virtual asset service provider Luno and transferred the funds from the suspect's bank account to Luno's custodial account. Subsequently, these bitcoins were transferred to another wallet associated with an unnamed "independent" organization. @gypzaaog
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@eln
All progress takes place outside the comfort zone. @fifikoko
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According to an official announcement, MicroStrategy has announced plans to raise up to $2 billion through the issuance of preferred shares, as part of its "21/21 Plan" aimed at raising $42 billion over three years (with equity and fixed income of $21 billion each). The purpose of this issuance is to allow MicroStrategy to continue strengthening its balance sheet and acquiring more Bitcoin. The issuance is expected to take place in the first quarter of 2025. The announcement states that the decision to continue and complete the issuance is at the discretion of MicroStrategy and is subject to market and other conditions. MicroStrategy may choose not to continue or complete the issuance. @fgordillo
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I hope my love for you will turn into bright sunlight that warms your heart. @rdiaz520s
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According to Cointelegraph, KiYoungJu, CEO and founder of CryptoQuant, stated that President elect Donald Trump's Bitcoin policy may depend on the global investment community's perception of the US economy and the strength of the US dollar. Ju believes that when investors perceive a threat to US economic hegemony, the prices of value storage assets such as gold and BTC will skyrocket. However, investors continue to express confidence in the US economy and view the US dollar as a safe haven currency. This advantageous position makes it unlikely for the Trump administration to adopt a Bitcoin strategic reserve to protect the dominant position of the US dollar, and may lead the elected president to backtrack on policies supporting Bitcoin. @ftiioma2
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Adversity does teach who your real friends are. @ftiioma2
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According to TheBlock data, Ethereum NFT trading volume rose to $186 million last week, reaching a three-month high and a 67% increase from the previous week's $111 million. The PudgyPenguins series was the main catalyst driving this trend after the issuance of its PENGU token, generating a trading volume of $108 million. The trading price of a single PudgyPenguins once exceeded 29 ETH, but quickly declined after the token was issued. Bitcoin is the second largest NFT ecosystem, with a weekly trading volume of only $33 million. @ftiioma
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@eln
I am always doing that which I cannot do, in order that I may learn how to do it."— Pablo Picasso @dristov
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According to Jin Shi's report, the emergency martial law crisis in South Korea continues, and the South Korean Composite Stock Index has closed down for three consecutive days since the martial law crisis; Foreign investors have accumulated net selling of over 1.1 trillion Korean won, equivalent to over 5.8 billion yuan, for three consecutive days; Yesterday, the closing price of the Korean won against the US dollar was the lowest in over two years. Overseas investment bank Citigroup stated that the rising political risks in South Korea will increase the pressure of capital outflows and bring downward risks to the Korean won. South Korean media describe the current economic situation in South Korea as "surrounded by enemies". @fits
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Interest rate cuts, South Korea, Ripple 1. Federal Reserve Board member Daly: There is no sense of urgency to cut interest rates; 2. Bezos praises Trump, expressing willingness to help him reduce regulation; 3. Bank of America strategist: US stocks and cryptocurrencies are forming a foam; In November, the trading volume of cryptocurrencies exceeded 10 trillion US dollars for the first time; The consequences of South Korea's martial law may trigger calls for reform in the cryptocurrency market; 6. Xinhua News Agency comment: The US financial ecology and risks behind the "Bitcoin frenzy"; 7. Bank of America: Cryptocurrency inflows reached $11 billion in four weeks, setting a record high in history; 8. Ripple: The stablecoin RLUSD will not be launched today and is currently undergoing final approval with the New York Financial Services Authority. @ftionbbb
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The shortest way to do many things is to do only one thing at a time. @sewilyaw
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Jan3 CEO Samson Mow announced in a post on X platform that a patch will soon be released to fix a lightning transaction issue in AQUAWallet wallet. It is reported that when the mobile phone is in low battery mode or the network condition is poor, the status of the wallet will not update after the transaction is deleted and sent (even if the transaction has been successfully completed). @dristov
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RealVision's Chief Crypto Analyst Jamie Coutts stated that in the past two years, the global M2 money supply has increased by $11 trillion, of which 10% has flowed into assets such as Bitcoin. Since the global M2 hit a bottom of $94 trillion in the fourth quarter of 2022, it has increased to $105 trillion, and the market value of Bitcoin has grown fivefold, increasing by $1.5 trillion. Coutts predicts that if M2 grows to $118 trillion within this cycle, Bitcoin will continue to benefit. He pointed out that Bitcoin's growth far exceeds the Federal Reserve's balance sheet and the real wage increase in the United States, and is becoming one of the economic solutions for individuals, businesses, and countries. @fyoung
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There are rumors that Bitcoin will be used as part of strategic reserves, and the phenomenon of enterprises adopting Bitcoin is becoming increasingly common. Bitcoin is emerging as a possible reserve asset, which has led experts to consider how Bitcoin bank runs will develop. Cryptocurrency analyst and Chief Information Officer of European cryptocurrency fund Cyber Capital, Justin Bones, stated that due to the technological limitations of the first blockchain, Bitcoin is easily affected by bank runs. Small businesses will face risks in the event of a Bitcoin bank run. The price drop event will trigger this hypothetical event, forcing miners to shut down operations due to lack of profitability and affecting network operations. @fits
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Live beautifully, dream passionately, love completely. @ypiboy
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According to data released by IntoTheBlock, the funding rate for perpetual swap contracts has skyrocketed to over 10%, and even reached 20% on mainstream exchanges. Such high costs indicate a growing bullish sentiment among traders. Although still below the peak of the first quarter, sustained demand at this level may suggest speculative overheating. @gyoju
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Time does not age, and neither does our tie. @fyigijvfuh
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According to on chain data analyst Yu Jin's monitoring, an address that bought BRETT very early has cumulatively recharged 64.2 million BRETT tokens (approximately 7.4 million US dollars) to Bitget in the past 4 days. This address was purchased for 102 million BRETTs at a price of $0.000107, at a cost of 3.46 ETH (approximately $11000), just 2 days after the deployment of BRETT (which was deployed on 2/24 and bought on 2/26). He earned a whopping 10.53 million US dollars (957 times) on BRETT.
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The Avalanche Foundation has launched the InfraBUIDL funding program, providing direct and traceable funding for core infrastructure developers. The supported project types include but are not limited to withdrawal, verification node marketplace, virtual machines, wallets, oracle machines, interoperability tools, cryptography, cross chain, browser, RPC, data storage, indexes, and token engineering. Currently, applications are open.
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Singapore based cryptocurrency investment firm QCP Capital reported that yesterday, the net inflow of Bitcoin spot ETFs reached a historic high of $1.38 billion. Coupled with the optimism brought by Trump's victory and the widespread expectation of a 25 basis point interest rate cut by the Federal Reserve, the price of Bitcoin rose to $77000 earlier this morning. However, investors began to withdraw part of the "Trump deal": the US dollar has given back most of the post election gains, and the yield of treasury bond bonds also fell back to the recent fluctuation range after a short period of sharp fluctuations. @drunky
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