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🌋🔥El Salvador Government Has Been Mining 15 Bitcoins (BTC) Per Month Using Volcano Energy Since 2021 According to current official records, the Bitcoin bull country of #ElSalvador has extracted 474 Bitcoins from the country's pollution-free Bitcoin mining firm. El Salvador is a popular country in the world due to the high propensity for Bitcoin. in early 2021, this country showed its Bitcoin bull intent and finally introduced Bitcoin as a legal currency in September 2021 under the leadership of the country's president Nayib Bukele. As we know, in 2021, the government of El Salvador decided to use the country's abundant free volcano energy in Bitcoin mining operations in order to produce new Bitcoins for the country's treasury fund. The report stated that the country has so far produced 474 #BTC worth about $29.6 million at current prices using the geothermal power plant fed by the Tecapa volcano in the east central region of the country. The Tecapa Volcano in the country can produce a relatively small amount of energy, but this energy is enough for 300 Bitcoin mining processors. The country uses 1.5 megawatts (MW) of the 102 MW generated by the volcano power plant for Bitcoin mining. Alternatively, we can say that 0.75% of the electricity plant is used for Bitcoin mining to power the Bitcoin blockchain network and provide Bitcoin revenue to the country. Since 2021, the country has purchased 5,750 Bitcoins, which, in addition to mining 474 Bitcoins, is worth about $ 354 million at the current commercial price of Bitcoin. Also, the government of El Salvador recently supported the Bitcoin Office and shared that various crypto mining groups such as Foundry USA, Antpool, ViaBTC, F2Pool and Binance Pool are working together to earn Bitcoin rewards by participating in Bitcoin mining operations using a geothermal power plant. in the last three years. El Salvador Bitcoin Website A week ago, we reported that El Salvador had opened its official bitcoin-focused website to provide full real-time information about the country's Bitcoin assets. #BTC
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🔹 A new wallet identified as 0x558 received 3,700 $ETH (approximately $11.53M) from GalaxyDigital, which was then transferred to a Coinbase account. Simultaneously, GalaxyDigital deposited 1,300 $ETH (about $4.05M) into Bitstamp. In total, 5,000 $ETH (around $15.58M) was deposited. #CMEBitcoinSpotTrading #MemeWatch2024 #ETHETFS #BTC #altcoins
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🎁🔥🎁🔥CLICK ON THE LINK BELOW IF U WANT TO WIN FREE FDUSD !!!🔥🎁🔥🎁👇 CLICK HERE #FreeUsdt #altcoins #ETHETFS #MicroStrategy #BTC
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US Treasury Department Released a Statement About Cryptocurrencies! The US Treasury Department has published a new report about cryptocurrencies. The report also includes details about the upcoming period. The US Treasury Department has expressed its intention to enhance anti-money laundering and counter-terrorism financing measures regarding digital assets. The Ministry published the 2024 "National Strategy to Combat Terrorism and Other Illegal Financing" strategy today. The document outlines its priorities in combating illicit financing and notes its ongoing work on cryptocurrencies. These efforts include sanctions against some exchanges and groups such as Bitzlato and Lazarus, and the agreement with Binance. The strategy document identified four key priorities: closing gaps in anti-money laundering regulations, supporting a more effective and risk-focused framework, improving the effectiveness of law enforcement and leveraging technological innovations. The document suggests that updating existing regulatory frameworks for cryptocurrencies would support these priorities. This could include working on global implementation of Financial Action Task Force standards, as well as potential updates to the U.S. regulatory framework to combat money laundering and terrorist financing. “Successful application of the existing Anti-Money Laundering and Countering the Financing of Terrorism oversight and enforcement framework to virtual asset activities requires the United States to allocate adequate oversight and enforcement resources and provide analysts with greater expertise on new technologies, including the analysis of publicly available blockchain data.” “This requires continuing to invest in technology and training for inspectors and regulators.” During the press conference, a Treasury official revealed that Deputy Treasury Secretary Wally Adeyemo and Undersecretary for Terrorism and Financial Intelligence Brian Nelson discussed with lawmakers the department's request for greater authority and oversight regarding certain crypto issues. #ETHETFS
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A whale withdrew 520 billion PEPE tokens, valued at $5.28 million, from Binance approximately 13 hours ago. It's notable that this whale's trading behavior doesn't reflect astute decision-making. Despite purchasing a total of 10 tokens, they never executed any sell orders. At present, their overall losses amount to $6.1 million. While 5 tokens yielded profits, the win rate stands at 50%. #notcoin #GME #Memecoins #ETHETFS #ETFvsBTC $PEPE
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