💰 Tether transfers 7,629 bitcoin to strategic reserve account, onchain data shows
Tether, the issuer of the largest fiat-backed stablecoin, has sent 7,629 BTC — worth approximately $700 million — to its bitcoin reserve address, according to onchain data from Arkham Intelligence. The tokens were sent from sister exchange Bitfinex’s hot wallet approximately an hour ago at 14:00 UTC. This is the largest transaction sent to Tether’s strategic bitcoin reserve since March 2024, when it transferred 8,888.88 BTC, according to BitInfoCharts.
💰 CryptoQuant CEO questions if US will embrace Bitcoin amid dollar dominance concerns
CryptoQuant CEO Ki Young Ju questioned whether the US would need to adopt a Bitcoin standard unless global confidence in the dollar significantly erodes. His remarks come as conversations intensify about Bitcoin’s (BTC) role in the US financial system, drawing parallels to past debates over the gold standard.
As we step into 2025, we’re filled with gratitude for your support and excitement for the journey ahead 🚀
✨ New Year, New Opportunities: This year is going to be all about growth, innovation, and making crypto simpler and more rewarding for YOU. From incredible features to exciting updates, we’re ready to take Crypto to the next level together.
🌟 Here’s to YOU: To our amazing community—thank you for being the heart of CEO_NAKAMOTO. Your trust and enthusiasm inspire us to keep building, improving, and innovating.
Let’s make 2025 unforgettable, together. Here’s to a year full of success, smiles, and Simple moments! 🥂
💰 MicroStrategy has bought 2,138 Bitcoin for 209 million dollars at a average price of $97,837 per Bitcoin 🔥
@BitcoinAltcoinCryptoNewsNEW: 💰 Bitcoin's price could reach 💵 $400K by 2025 depending on factors such as the Strategic Bitcoin Reserve plan, Federal Reserve interest rate policies, and corporate adoption, according to Blockware Solutions 🧐
With version 3.3.0, this is a monumental move for Terra Luna Classic and provides an outlook on improving utility from the chain to developers and projects involved, reported CNF. This iteration is essentially about tax mechanism enhancements and improvements in the total functioning of the platform.
Binance made an official statement stating that the exchange fully supports the Terra Luna Classic v3.3.0 upgrade. It is going to temporarily suspend deposits and withdrawals on the network, but trading of LUNC tokens will not be affected during this process.
“Binance will handle all technical requirements involved for all users,” the exchange assured in its announcement. The exchange will ensure a seamless transition for its users. Meanwhile, other crypto exchanges, like Bybit and OKX, have also announced support for the v3.3.0 upgrade.
Moreover, it’s worth noting that Binance has also been actively contributing to the revival efforts of the network in Terra Luna Classic. For instance, Binance participates in monthly LUNC burn initiatives that intend to decrease the token supply. To date, the community has burned a total of 393.87 billion LUNC tokens, and Binance accounts for 68.39 billion of this through its contributions.
The v3.3.0 upgrade includes a number of features aimed at making operations smoother and the network performance better. The upgrade will simplify the process of handling taxes, which automatically deducts taxes from the transactions before sending them to the recipient’s wallet.
The update is likely to improve the efficiency of the network and attract more developers who are willing to develop decentralized applications (dApps) on the platform. Whilst community efforts toward reviving Terra Luna Classic involve focusing on key areas such as increasing utility, supporting the USTC repeat, and accelerating the LUNC burn initiative.
🌖 Terra Luna Classic v3.3.0 Upgrade Backed by Binance: LUNC Price Set for a Rally?
Binance, the world’s leading crypto exchange, has recently announced it will support the Terra Luna Classic (LUNC) network upgrade scheduled for December 17, v3.3.0. As per StakeBin, the hard fork is going to occur at block height 21163600 at about 14:02 UTC.
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📝 ACROSS
4️⃣ In 2024, these financial products were approved, boosting crypto adoption. 5️⃣ The technology behind cryptocurrency transactions. 6️⃣ The term for earning rewards by holding crypto.
⬇️ DOWN
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Bitcoin is holding steady near $94k, while ETH trades above $3.3k.
🌟 Tether’s Big Move: Tether just shifted a massive $780M in Bitcoin to its reserve—its largest move in 9 months! This could signal strong institutional interest and strategic positioning.
Let's watch out for what xmpire is going to envelope to it one in A BILLION don't forget Hamsters was dusty try to put on nose mask 😷 in case of any coming $ETH