4. Tether announced in May 2023: it decided to regularly use 15% of the company's profits to purchase Bitcoin to enhance reserves.
Today, Tether withdrew 7628.9 $BTC from Bitfinex as company reserves.
5. The crypto market has gained another huge influx of funds.
The exchange FTX has secured $16 billion in cash for compensating investors, which will be distributed over the next two months starting January 3rd, through the exchanges Kraken and Bitgo.
A representative from FTX's largest creditor group, Kavuri, pointed out: funds can be distributed through stablecoins.
6. The Vice President of El Salvador met with the Chinese ambassador, emphasizing the role of Bitcoin in promoting the country's economic growth.
The discussions focused on strengthening bilateral relations and advancing projects to enhance digital connectivity and economic growth.
It really is a case of ten years east of the river, ten years west of the river; just a few years and now it's west, starting to educate the once revered ancestors.