South Korea is experiencing a crypto boom, with the number of users surging by 610,000 in November, reaching a total of 15.59 million, or more than 30% of the country’s population.
According to the Bank of Korea, citizens’ digital assets are now worth $70.3 billion, with daily trading volumes nearly equal to the domestic stock market.
Anonymous Bitcoin transactions via CoinJoin have tripled since 2022. According to CryptoQuant, these whale addresses are associated with Bitcoin spot ETFs, MicroStrategy, and large custodial wallets.
CryptoQuant CEO Ki Young Ju said that only 0.5% of the total $377 billion in reported Bitcoin inflows were related to hacks in 2024. He also revealed that unidentified Bitcoin whales have accumulated up to 420,000 BTC (worth over $40 billion), raising suspicions that a country or large organization is secretly accumulating.
🔥 Trump says he will end the hostility towards crypto in the United States 🇺🇸 and will support crypto. He wants crypto businesses to continue operating in the United States. #Write2Erarn #BTC🔥🔥🔥🔥🔥 #BNB #binance
The Bitcoin network just processed its billionth transaction, after 15 years of operation. On average, the Bitcoin network processes about 178,475 transactions per day. Lightning Network transactions are not included.
If anyone asks what value Bitcoin brings, this is one of the values that Bitcoin provides to the market. #Write2Erarn #btc
- Harvest Global is currently storing 1107.6 BTC (+21.2 BTC) - China AMC currently stores 2092.5 BTC (+89.7 BTC) - Bosera currently stores 1018.9 BTC (+20.0 BTC)
The Block: 6 Hong Kong BTC/ETH ETFs 🇭🇰 recorded a trading volume of about 49.4 million Hong Kong dollars (~6.3 million US dollars) in the first morning trading session, according to data from Hong Kong Stock Exchange.
This is trading volume, we won't know what the cash flow is like until the end of the trading day but the volume is too low.
We won't hear from Fed officials because they have entered the "Blackout" period, meaning they are not allowed to speak before the next Fed meeting in early May.
Thursday there will be information about 🇺🇸's first quarter GDP: Estimated is 2.2% | Last month it was 3.4%
Cardano's treasury has reached 1.5 billion ADA tokens, worth approximately $720 million. Accounts for more than 4% of circulating supply.
In the last month, the treasury's value surpassed the $1 billion mark.
The Cardano treasury grows through transaction fees and block rewards, giving the Cardano community the power to propose and vote to fund projects in the Cardano ecosystem. #Write2Earn #binance #bitcoin #bnb
The International Monetary Fund (IMF) wrote a research paper on the advantages and disadvantages of Bitcoin in the field of cross-border money transfers.
Sooner or later, the IMF will have to accept Bitcoin because they have no other choice. Although this is a small step, it reflects a big change in the IMF's thinking, a few years ago they still thought Bitcoin was a scam. , is a tool for criminals and can destabilize the world. #Write2Earn #BitcoinHalving2024: #binance #bitcoin #bnb
Information about Israel - Iran has been confirmed by many sources BTC returns to $62K Gold increased Stock Futures 🇺🇸 is still in tatters #Write2Earn #binance #btc #bnb #Web3
🔥Binance said it has been fully licensed by Dubai's Virtual Asset Regulatory Authority (VARA) to provide virtual asset services (VASP). This is the final phase, after nearly a year, phase 3 was licensed last year. #Write2Earn #binance #btc #BitcoinHalving2024:
Bank of America said there is a risk that the Fed will not cut interest rates until March 2025, although it currently still expects a rate cut in December.
All markets are red today, including stocks, gold, oil and cryptocurrencies, with many more worried about the Fed not cutting interest rates in time and causing a recession than political tensions in the Middle East.
The International Monetary Fund (IMF) has warned that the United States and China could face huge fiscal deficits that have fueled inflation and created significant risks to the global economy. .
United States 🇺🇸 expected to record a fiscal deficit of 7.1% in 2025
China 🇨🇳 is expected to record a deficit of 7.6% in 2025 #Write2Earn