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Tether accelerates in Bitcoin accumulation race, adds $627 million worth of new Bitcoinbrief: •Tether added 8,889 BTC to its Bitcoin reserves. •This comes amid a strong rally in Bitcoin prices towards $70,000. •Tether maintains its position as the seventh largest Bitcoin holder. Tether, the issuer of the world’s leading stablecoin USDT, is advancing in the race to accumulate Bitcoin (BTC). The company recently significantly strengthened its reserves by acquiring 8,889 BTC from Bitfinex’s hot wallet. The acquisition increases Tether’s total Bitcoin reserves to more than 75,000 BTC, valued at over $5.3 billion.

Tether accelerates in Bitcoin accumulation race, adds $627 million worth of new Bitcoin

brief:
•Tether added 8,889 BTC to its Bitcoin reserves.
•This comes amid a strong rally in Bitcoin prices towards $70,000.
•Tether maintains its position as the seventh largest Bitcoin holder.

Tether, the issuer of the world’s leading stablecoin USDT, is advancing in the race to accumulate Bitcoin (BTC). The company recently significantly strengthened its reserves by acquiring 8,889 BTC from Bitfinex’s hot wallet.
The acquisition increases Tether’s total Bitcoin reserves to more than 75,000 BTC, valued at over $5.3 billion.
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There are fifty strings of Jinse for no reason, each string and one column reminds me of my good years. Now, BTC is back to 64-65k. Back in 2010 or early 2011, when BTC was less than $1, you could easily get 5,000 BTC for $5,000. Or participate in mining, you can get 50 BTC for every block mined, and you can easily get 5,000 BTC for 100 blocks. But what about those who owned 5,000 BTC back then? It has to be said that most people missed the historic opportunity and left the market early in the huge waves. If you owned 5,000 BTC in 2010. Then with the arrival of the super bull market in June 2011, the price topped $30. Your worthless assets have increased 30 times overnight! Investing $5,000 suddenly turned into $150,000! And it seems like just the day before, you thought this thing was just a game currency. I wonder if you would be tempted to sell it quickly and make a profit? Most people certainly cannot resist the temptation to profit and improve their lives. When the market peaked and then plummeted to around $20, you sold 90% of your position, 4,500 BTC, and made $90,000. You use the proceeds to buy a dream BMW. The input-output ratio is 90,000-5,000=17 times. You are smart and reserve 500 BTC in 10% of your position for future use. As expected, the market plummeted rapidly. By the end of 2011, it fell back to around $2 in just half a year. You feel very lucky that you shipped the car early, otherwise BMW may have left you. The remaining 500 BTC are now only worth about $1,000, which is not worth mentioning. So you throw them in a corner and forget about them. Time flies like an arrow, and time flies like a shuttle. By the end of 2013, you suddenly saw reports from the media that the price of BTC had soared to $1,200! And those almost forgotten 500 BTC are now worth $600,000! So you hurried home and found the book where you copied the private key a few years ago, updated the latest version of the client, entered the private key information, and found that the 500 BTC were still there! You breathed a sigh of relief. When you see that the market is about to plummet to around $1,000, you quickly transfer 450 BTC to the exchange to sell and earn a profit of $450,000. The remaining 50 BTC are reserved as reserved varieties. Blank in my heart, confused and entangled in myself It’s time to reminisce, but I was already at a loss.#大盘走势 #比特币竞赛
There are fifty strings of Jinse for no reason, each string and one column reminds me of my good years.
Now, BTC is back to 64-65k. Back in 2010 or early 2011, when BTC was less than $1, you could easily get 5,000 BTC for $5,000. Or participate in mining, you can get 50 BTC for every block mined, and you can easily get 5,000 BTC for 100 blocks.
But what about those who owned 5,000 BTC back then? It has to be said that most people missed the historic opportunity and left the market early in the huge waves.
If you owned 5,000 BTC in 2010. Then with the arrival of the super bull market in June 2011, the price topped $30. Your worthless assets have increased 30 times overnight! Investing $5,000 suddenly turned into $150,000! And it seems like just the day before, you thought this thing was just a game currency. I wonder if you would be tempted to sell it quickly and make a profit? Most people certainly cannot resist the temptation to profit and improve their lives.
When the market peaked and then plummeted to around $20, you sold 90% of your position, 4,500 BTC, and made $90,000. You use the proceeds to buy a dream BMW. The input-output ratio is 90,000-5,000=17 times. You are smart and reserve 500 BTC in 10% of your position for future use.
As expected, the market plummeted rapidly. By the end of 2011, it fell back to around $2 in just half a year. You feel very lucky that you shipped the car early, otherwise BMW may have left you.
The remaining 500 BTC are now only worth about $1,000, which is not worth mentioning. So you throw them in a corner and forget about them.
Time flies like an arrow, and time flies like a shuttle. By the end of 2013, you suddenly saw reports from the media that the price of BTC had soared to $1,200! And those almost forgotten 500 BTC are now worth $600,000!
So you hurried home and found the book where you copied the private key a few years ago, updated the latest version of the client, entered the private key information, and found that the 500 BTC were still there! You breathed a sigh of relief.
When you see that the market is about to plummet to around $1,000, you quickly transfer 450 BTC to the exchange to sell and earn a profit of $450,000. The remaining 50 BTC are reserved as reserved varieties.
Blank in my heart, confused and entangled in myself
It’s time to reminisce, but I was already at a loss.#大盘走势 #比特币竞赛
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