Deposit Funds #

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Deposit Funds#

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Avishek ghalan

@Avi__shek_g

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$BTC btc is reacting a little up and down, almost all coins in the market are rising in the same way. Open the hourly charts, look at the coins, btc, eth, all up. Everything is very clear.

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#NFPCryptoImpact #NFPCryptoImpact appears to be associated with discussions on the impact of cryptocurrencies in Nepal. In recent years, Nepal has experienced significant developments in this area, particularly concerning regulatory measures and public awareness. Regulatory Actions: Nepal Rastra Bank (NRB), the country's central bank, has consistently maintained a firm stance against the use of virtual currencies. In January 2022, NRB issued a warning that individuals involved in cryptocurrency transactions and pyramid-based networking schemes, such as hyper fund, jocyal, crowd1, soul max, and global, would face legal consequences. The bank emphasized that virtual currencies lack legal recognition in Nepal and pose risks of fraud and illegal capital outflow. Despite these prohibitions, the use of cryptocurrencies in fraudulent activities has persisted. In November 2024, Nepal's Financial Intelligence Unit (FIU) reported an increase in cyber-related fraud involving cryptocurrencies. Fraudsters have been converting illicit funds into cryptocurrencies, complicating efforts to trace and recover the money. The FIU recommended enhancing public awareness and monitoring of cryptocurrency transactions to combat these challenges. Public Awareness and Enforcement: To address the ongoing issues, authorities have been actively working to raise public awareness about the risks associated with cryptocurrency investments. Additionally, law enforcement agencies have taken action against individuals involved in online fraud related to cryptocurrencies. For instance, in September 2024, a person was arrested for defrauding victims by promising to transfer large sums of money through cryptocurrency channels. Community Initiatives: On a positive note, there have been efforts within Nepal to explore the potential benefits of blockchain technology. In October 2021, a team of Nepali youths was nominated as finalists in the International Blockchain Olympiad. They proposed a novel blockchain architecture aimed at revitalizing the banking system in Nepal

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#MicroStrategyAcquiresBTC MicroStrategy, a leading business intelligence firm, has significantly increased its Bitcoin holdings through a series of strategic acquisitions. As of January 6, 2025, the company owns approximately 447,470 bitcoins, valued at around $45 billion, based on Bitcoin's price exceeding $101,000. In late December 2024, MicroStrategy acquired 1,070 bitcoins for $101 million, further solidifying its position as the largest corporate holder of Bitcoin. To support its Bitcoin acquisition strategy, MicroStrategy announced plans to raise up to $2 billion over the next three years. This initiative involves issuing perpetual preferred stock, with the first offering expected in the first quarter of 2025. Despite experiencing some stock price volatility due to concerns about leverage and the sustainability of their strategy, MicroStrategy's shares have increased by more than 470% over the past year. This aggressive investment approach underscores MicroStrategy's commitment to Bitcoin as a core component of its financial strategy. Source : Microstrategy

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Crypto futur in Meme coin

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#OnChainLendingSurge The on-chain lending sector has recently experienced significant growth, reaching new milestones in both active loans and market capitalization. Key Developments: Active Loans Surpass $20 Billion: Data from Token Terminal indicates that total active loans in the on-chain lending market have exceeded $20 billion, marking an all-time high. This surpasses the previous peak recorded in December 2021. Stablecoin Market Cap Exceeds $200 Billion: The total market capitalization of stablecoins has reached a record high, surpassing $200 billion. This growth is attributed to investors seeking higher yields available through on-chain lending platforms compared to traditional finance. Sources : binance , cryptoglobe

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