Bhutan, in the heart of the Himalayas, with a population of less than 1 million, has amassed $780 million worth of Bitcoin! 😲 Yes, you heard that right! State-backed Druk Holdings is aiming to reach 600 megawatts of capacity by 2025 in partnership with Bitdeer. 🚀
The small country is pursuing a strategy of diversifying its income with digital assets, and recent wallet activity includes significant transactions with exchanges like Kraken. Bhutan has become the second country to officially hold BTC after El Salvador. 🌍
So what do you think Bhutan’s move will change in the DeFi and Web 3 worlds? Let’s meet in the comments! 💬#DeFi#Web3 #Bitcoin
1️⃣ They plan to issue $700 million in convertible bonds. They will use 500 million to pay off old bonds. What do you think they will do with the rest? Of course they will buy more Bitcoin! 🚀
2️⃣ Michael Saylor and his team have been accumulating Bitcoin since 2020. They are now the largest institutional Bitcoin holder with 244,800 BTC. 💰
3️⃣ MSTR shares are down a bit today but up 300% on the year! 📈
How do you think this move will affect the market? Let's meet in the comments! 💬#DeFi#Web3 #Bitcoin
Multicoin leads $10 million funding round for Pipe Network! 🚀
Permissionless Labs aims to reward people who host internet infrastructure by incentivizing content delivery networks (CDNs) with tokens. Websites can now serve their content without delay! 🌐
We’re moving from DePIN to DeVIN! Remember Helium’s WiFi router setup spree? The same tokenomic principles are now being applied to Pipe’s DeVIN setup.
The project, which will run on the Solana blockchain, plans to launch its testnet at the Breakpoint conference in Singapore. Let us know what you think in the comments! 💬
Protocol founders face a fragmented landscape when it comes to token management. BitGo offers a one-stop, regulated, and insured custody platform for clients like Worldcoin, LayerZero, SUI, and ZetaChain. 🚀
The Web3 world has become much more than just digital asset transactions. New protocols, tokenomics, and tokens can be created with just a few lines of code. BitGo simplifies these complex processes, making the job of protocol founders easier.
Bit2Me receives VASP approval from the Argentine CNV! 🎉 This shows that they are compliant with local regulations and have gained the trust of investors. 🇦🇷
In March, the CNV opened a registry for virtual asset service providers, and Bit2Me was included on the list. So far, 79 companies have received approval. 📜
In June 2023, Bit2Me raised $15 million to strengthen its position in Spain and expand in Latin America. 🚀
What's happening in the crypto world? Let's meet in the comments! 💬#DeFi#Web3 #Bit2Me
Central banks are cutting interest rates, gold is breaking records, the S&P 500 and Nasdaq are near their peaks. But Bitcoin? It's still stuck below 60K. 😅
A 40% increase since the beginning of the year, but far from old records. Maybe this is just a breather. We'll see what happens in 2024! 🚀
Are the Fed's interest rate cuts enough for Bitcoin? Or are bigger steps needed? Let's discuss in the comments! 💬👇 #DeFi#Web3#Bitcoin#Cryptocurrency#CentralBank
Yes, you heard right! Tether has hired Jesse Spiro from PayPal and Chainalysis as its head of government relations to further strengthen its DeFi and Web 3 landscape. Tether CEO Paolo Ardoino says the move reinforces their “commitment to responsible innovation.” 💪
Spiro noted that Tether plays a significant role in the development of the digital economy. So how do you think this move will impact Tether’s future? Let’s meet in the comments! 🚀 #DeFi#Web3#Tether#USDT #Crypto
Ripio and Visa are taking the stage with a DeFi credit card! 🎉💳 After the prepaid card in 2022, now a credit card is being tested that will allow you to spend up to 30% of your funds in a Compound-based liquidity pool. Supports BTC, ETH, USDC, USDT, and UXD! 🚀
Latin American crypto exchange Ripio is offering its users the ability to trade with their funds in DeFi pools. "We will test it with users first, then open it to everyone," said CEO Sebastian Serrano. Don't forget to join the waitlist! 📝
What do you think of this innovation? Let's meet in the comments! 💬
Polygon’s native token POL surged 15% on Friday after Binance announced the token was added to their platform! 🎉 The MATIC to POL migration is complete, sending the price from $0.38 to $0.45. That’s the highest level since late August! 🚀
While Bitcoin remained flat, POL rose 15% in the last 24 hours, making it the best performer on the CoinDesk 20 Index. The tokenomics changes and the new 2% annual token emission rate are also on top. 💪
The new charts could be providing a psychological advantage for technical analysts. We expect other projects to follow this successful migration. Let us know what you think in the comments! 👇
The index is currently at 1835.81, down 0.7% from yesterday. But don't worry, everything is fine! 😎
8 out of 20 assets are up. Leaders: MATIC is up 10.6% and LINK is up 2.7%! 🚀
Losers: ICP and RNDR are a bit down with 3.6%. But never mind, every drop is an opportunity! 💪
Anything can happen at any time in the world of DeFi and Web 3. Who do you think will be the leader tomorrow? Share your predictions in the comments! 👇 #DeFi#Web3 #CryptoMarket