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El Salvador's President shares the country's #bitcoin☀️ success; Elon Musk responds with a 'one-word' reaction. El Salvador's President Nayib Bukele announced that the nation's Bitcoin holdings have surpassed $600 million in value. In a post on X (formerly Twitter), Bukele shared a screenshot showcasing the remarkable growth of the country's Bitcoin portfolio, coinciding with the cryptocurrency reaching the $100,000 mark for the first time. El Salvador initially invested approximately $269.7 million in Bitcoin and now holds a portfolio valued at around $603 million, resulting in an unrealized profit exceeding $333 million. With nearly 6,000 Bitcoin in its reserves, as reported by Arkham Intelligence, the nation continues to see significant returns. Tesla and SpaceX CEO Elon Musk, known for his support of cryptocurrencies, responded to President Nayib Bukele’s updates with a single word: “Impressive.” #newstable #ElSalvadors #president #BNBToken
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Poland arrests former CEO of Russian crypto exchange WEX for potential extradition to the United States The former crypto executive was previously detained in Poland in 2021 on related charges but was released after 40 days. Polish authorities have reportedly detained the former head of the Russia-based crypto exchange WEX in central Warsaw following an extradition request from the United States Department of Justice. Identified only as Dmitry V. under local laws, the individual is accused of fraud and money laundering during his tenure at WEX, the successor to $BTC -e, which was once Russia’s largest crypto exchange before its collapse in 2018, according to reports from Reuters and Polish outlet Rzeczpospolita on Dec. 6. “The man is in custody awaiting the completion of the extradition process,” a Polish police spokesperson told Reuters, noting that extradition to the U.S. could expose Dmitry V. to charges carrying a maximum 20-year prison sentence. Dmitry V., a Russian national, had previously been arrested in Poland in August 2021 but was released after spending 40 days in custody due to a court decision. In the summer of 2022, he was detained at Croatia’s Zagreb Airport by Interpol following an extradition request from Kazakhstan. Similarly, in 2019, he was arrested by Italian authorities but released shortly after, when errors in the extradition request came to light. #newstable #BNB_Free #BTC☀ #BinanceSquareFamily
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$Bitcoin Eyes $110K by January, $20B TRX Signals Potential 'Altseason' — Finance Redefined Bitcoin broke past $100,000 for the first time on Dec. 5, fueling speculation of a potential $110,000 “local top” ahead of President-elect Donald Trump’s inauguration on Jan. 20. Meanwhile, altcoin enthusiasm is surging as Tron ($TRX ) reached a record $20 billion market capitalization. This milestone has heightened expectations of an impending altcoin season, with some Bitcoin (BTC) profits likely to flow into smaller cryptocurrencies. Bitcoin has entered the "parabolic phase" of its market cycle, with analysts predicting a potential local top exceeding $110,000 by late January. This forecast aligns with Bitcoin's correlation to the Global Macro Investor’s Total Liquidity Index, which aggregates data from major central bank balance sheets, suggesting continued upward momentum. #BTC☀ #BNBAnalysis #newstable #BinanceSquareFamily
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Why Crypto Billionaire Mike Novogratz Believes Satoshi Nakamoto May Be Deceased $BTC , the foundation of a $3.7 trillion crypto industry, is now traded on Wall Street and recognized as legal tender in one nation. Yet, despite its meteoric ascent, a profound mystery lingers: is its enigmatic creator, Satoshi Nakamoto, still alive? Galaxy Digital CEO Mike Novogratz has shared his perspective on whether Bitcoin’s enigmatic creator, Satoshi Nakamoto, is still alive. In an interview with CNBC, Novogratz suggested that the mysterious figure behind Bitcoin is likely deceased. “If Satoshi was alive — and I don’t think he is — I’m sure he’d be smiling,” Novogratz remarked while discussing Bitcoin’s meteoric surge to a record high of $103,600. He described Bitcoin as the “greatest example” of a collective effort to achieve something extraordinary. While Satoshi originally envisioned Bitcoin as a payment system, it has since evolved into what Novogratz calls “digital gold.” Speculation about Satoshi’s identity continues to swirl, with various theories suggesting the creator may have been an individual or a group. Early Bitcoin adopter Hal Finney, once considered a leading Satoshi candidate, passed away in 2014, adding to the intrigue. A recent HBO documentary speculated that Peter Todd could be Satoshi, but Todd and the broader crypto community dismissed this claim. For most in the cryptosphere, the enduring mystery of Satoshi’s identity only adds to Bitcoin’s allure. #satoshiprotocol #Founders #BNBToken #BinanceSquareFamily
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Syscoin (SYS) Surges Following Binance Futures Listing and ETF Developments Syscoin (SYS) is the first EVM-compatible layer built directly into Bitcoin's Proof-of-Work (PoW) security model through merged mining. This innovative approach allows Bitcoin miners to utilize the same hashrate to mine Syscoin, significantly increasing their profitability. Remarkably, over 75% of Bitcoin miners worldwide also mine Syscoin, giving it the second-highest hashrate—and one of the most secure blockchain networks globally. Syscoin is licensed in both the UAE and the Netherlands and has secured regulatory approval for listing on Binance US, enabling trading by US citizens and residents. As governments and major corporations integrate $BTC into sovereign wealth funds and corporate treasuries, a critical opportunity lies in the usability and programmability of Bitcoin, a $2 trillion asset. Unlike Ethereum and other Layer 1 chains, which operate entirely outside Bitcoin's PoW security model, Syscoin enables native smart contracts and decentralized finance (DeFi) solutions directly within the Bitcoin blockchain. This unlocks scalable and programmable capabilities for Bitcoin without leaving its network, positioning Syscoin as a transformative platform that can render other chains unnecessary for Bitcoin users. The Syscoin team is in discussions with several publicly traded US corporations to include SYS in their corporate treasuries. This strategic move could open Syscoin to institutional investors, mirroring Bitcoin's success with MicroStrategy. Furthermore, Syscoin aims to emulate Ripple Labs' success with XRP, which experienced significant momentum following its ETF announcement with WisdomTree. With Syscoin's unique value proposition, it is poised to attract substantial institutional and retail interest in the evolving blockchain ecosystem. #BTC☀ #newstable #BinanceSquareFamily #FutureOfTrading
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