4. Tether announced in May 2023: It has 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 massive influx of funds.
The exchange FTX has secured $16 billion in cash for compensation to investors, which will be distributed over two months starting January 3, through 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 talks focused on strengthening bilateral relations and advancing projects to enhance digital connectivity and economic growth.
It really is a case of the rivers changing course every ten years; it's only been a few years, and now we're lecturing the once revered ancestors.