In recent times, apart from news of the growing value of Bhutan’s Bitcoin stack, another major point of discussion and news has been Bhutan steadily selling parts of these holdings.
According to Arkham, Bhutan has, since July 2024, sold 2,077 Bitcoins (BTC) worth USD 163 million (mn) which is Nu 13.834 billion (bn).
However, according to several online Crypto news sites, the bulk of the sales have happened between October, November and December 2024 when the price of Bitcoins surged. Source:The Bhutanese new paper #bitcion
Bhutan transferred 502 Bitcoin (BTC), worth around USD 49.42 million, to two cryptocurrency exchange platforms, Binance and Singaporean-based crypto-asset trading firm, QCP Capital, on December 10. This marks the latest Bitcoin transfer by the government since October this year. Such deposits of cryptocurrency exchanges are often associated with intentions to sell. Bhutan sent 402 BTC, worth USD 39.56 million, to QCP capital in four separate transfers. Later, 100 coins, worth USD 9.81 million, w
My country Bhutan is holding 13011 #bitcion which is around usd 780 million or more and now we are in fourth position in the world. Bhutan has future, electricity is abundant to do mining. However I am new learning everything all about digital currencies We have few mining setup and we can have more as given the natural resources availability Anyone how can really teach me all about future with digital currencies
$HMSTR time we invested and our data usage is 1000 times higher than Hmstr token price, not at all happy but I have a hope and believe it will perform better
Source @Hamster Kombat Announcements page in Telegram 🛡 PROTECTING THE HAMSTER 🛡
👿 We’ve banned over 2.3 million cheaters — enough to fill the entire city of Rome!
🏴☠️ Wondering how we caught them? Well, here’s an example: One person connected over 400 accounts to a single Binance address, while another invited almost 2,000 "friends," all of whom were flagged by our anti-cheat system.
🤖 We have been analyzing users’ behavior for months before the TGE. We have seen accounts that logged in at the same time each day and were tapping the same exact pixel.
📈 We have taken away 6.8 billion tokens from these cheaters. 50% have been distributed among honest players, another 50% will be burned.
🐹 Cheaters don’t belong in our community. They automate their selling through software to get an advantage over regular players. We care about our players and market participants, especially long-term holders, and want to protect them.
As world gets more into digital currency I am getting little confused, I know I have not yet learn much about digital currencies and about technologies advancements however I am confident my personal data and information are all in air and giving busy work load to scammers
$BTC the wealth of today's generation is exploring and learning about the Digital currencies. Having positivity and patience in digital coin is investment as our generations life is all on gadget m. Therefore currency like bitcoin is blood in gadget whereby you can use it to buy and sell or to explore the things beyond our reach Thank you From Bhutan We Bhutanese mine #Bitcoin❗
I feel so exhausted to read."This is a general announcement. Products and services referred to here may not be available in your region." The only way is hope #Bhutan will soon open the market or the #binance will have it's ate way open in Bhutan so that people in Bhutan will also enjoy as rest of the world do. #BTC #ETH #HotTrends Good news is Bhutanese living abroad are having excess to Binance and crypto which is exciting to those living abroad
#WOTD" is easy and interesting for me that I see in #binance rest is all out of my knowledge to understand but learning every second about #DigitalEra #ETH #BTC
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