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Mobina🎩🍖🔵🌈

@mobinam

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@mobinam
The Ethereum community is advocating for an increase in the network's gas limit. Currently, 10% of validators back raising the gas limit beyond 30 million, a move that could lower transaction fees by 15% to 33%. However, increasing the gas limit too quickly could threaten Ethereum's stability and decentralization.
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@mobinam
The first cryptocurrency tax evader in the U.S. has been sentenced to two years in prison.
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@mobinam
MicroStrategy has purchased 21,550 BTC for $2.1 billion at an average price of $98,783 per bitcoin. The company achieved a BTC yield of 43.2% for the QTD and 68.7% for the YTD. As of December 8, 2024, MicroStrategy holds a total of 423,650 BTC, acquired for $25.6 billion at an average price of $60,324 per bitcoin.
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@mobinam
Miners have sold 85,503 BTC ($8.4 billion) in the last 48 hours, marking the highest level since February this year.
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@mobinam
Sora Ventures has introduced a $150 million fund aimed at replicating MicroStrategy's approach of using bitcoin as a primary reserve asset to enhance financial strategies. The fund will focus on companies listed on prominent stock exchanges in Japan, Hong Kong, Thailand, Taiwan, and South Korea.
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@mobinam
Japan is exploring the introduction of lighter regulations for cryptocurrency intermediaries, such as gaming applications and self-hosted wallets that offer access to third-party applications. This move comes as the current regulatory framework, designed for cryptocurrency exchanges, is deemed too stringent for these non-exchange entities.
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@mobinam
MicroStrategy announced the acquisition of 55,500 BTC for approximately $5.4 billion at an average purchase price of $97,862 per Bitcoin. The company reported a quarter-to-date Bitcoin return of 35.2 percent and a year-to-date return of 59.3 percent. As of November 24, 2024, MicroStrategy holds a total of 386,700 BTC, acquired at an average price of $56,761 per Bitcoin, with a cumulative acquisition cost of $21.9 billion.
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@mobinam
Huobi's Layer-1 blockchain, HECO Network, has announced it will officially retire on January 15, 2025 (UTC). Users holding HRC20 assets will be able to exchange them for HTX. The HECO Network, part of Huobi's ecosystem, was originally launched on December 10, 2020.
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@mobinam
On the Chicago Board Options Exchange (Cboe), there are currently four applications for a Solana ETF from Vaneck, 21 Shares, Bitwise, and Canary Funds.
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@mobinam
Tether announced an upcoming investment in Quantoz Payments to support the launch of EURQ and USDQ, which are euro and US dollar-referenced E-Money Tokens (EMTs), respectively. These tokens are designed to comply with the Markets in Crypto-Assets Regulation (MiCAR).
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@mobinam
South Korea is investigating Upbit for potential violations involving 600,000 KYC cases. The exchange faces possible fines and revocation of its license if violations are confirmed.
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@mobinam
Binance CEO Richard Teng believes that with Trump's victory in the U.S. elections, a "golden age" for cryptocurrencies has begun.
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@mobinam
The U.S. Federal Reserve has cut the key interest rate by 25 basis points as expected, bringing it to a current level of 4.5-4.75%. Meanwhile, Bitcoin has reached a new high, surpassing $76,700.
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@mobinam
🇺🇸 Binance and former CEO Changpeng Zhao's legal team have filed a motion requesting the U.S. SEC dismiss its amended lawsuit. The motion argues that the SEC lacks well-defined regulatory standards for crypto assets and criticizes the agency’s “arbitrary” approach in determining which cryptocurrency transactions qualify as securities transactions.
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@mobinam
Bloomberg ETF analyst Eric Balchunas reported that BlackRock’s Bitcoin spot ETF, IBIT, saw a trading volume of $3.3 billion today — the highest in the past six months. This spike is likely due to FOMO-driven trading, and further fund inflows could be observed in the coming days.
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@mobinam
Elon Musk's AI company, XAI, is in discussions to secure funding that would value the company at $40 billion.
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@mobinam
Binance Labs has announced an investment in Moonwalk Fitness, a fitness incentive app built on the Solana blockchain. The app encourages users to adopt a healthy lifestyle through gamification and financial rewards. By staking cryptocurrencies such as USDC, SOL, or BONK, users can earn rewards when they complete their daily step goals.
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@mobinam
The FBI arrested a resident of Alabama for hacking into the SEC's profile in January this year and posting a fake statement about the approval of an ETF.
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@mobinam
The Ethena community has introduced a proposal to add SOL as a backing asset for USDe, using a mechanism similar to the one currently employed by Ethena for BTC and ETH perpetual futures. The proposal also suggests incorporating BNSOL (Binance Liquid Staked SOL) and bbSOL (Bybit Liquid Staked SOL) as additional backing assets for USDe.
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@mobinam
Prominent economists want to nominate Vitalik Buterin for the Nobel Prize in Economics.
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