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DeCenter – Blockchain and Bitcoin

👻 The Crypto Fear & Greed Index has reached 65 — the lowest level since October 15.

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DeCenter – Blockchain and Bitcoin

🪙 An Ethereum whale who received 200 000 ETH ($62 000) during the 2015 ICO sold 3 370 ETH ($11.4 million) today. This year, the user has cumulatively sold 48 687 ETH ($171.8 million) at an average price of $3 528.

Currently, they hold 7 594 ETH ($25.7 million).

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🇺🇸 The U.S. Internal Revenue Service (IRS) has approved regulations classifying DeFi services as brokers. Starting in 2027, they will be required to report all digital asset transactions.

The requirements apply only to DeFi service providers, not all decentralized applications.

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🦑 Squid Game Season 2 features a cryptocurrency scammer.

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🇰🇷 The KRW/USD exchange rate has dropped to a 15-year low, with South Koreans actively converting Korean won (KRW) into BTC and USDT on the Upbit platform, where a 3–5% premium is observed.

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🇺🇸 Spot Bitcoin ETFs ended a four-day streak of outflows, attracting $475 million during yesterday's trading session in the US.

Ethereum funds received $117 million yesterday.

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🪙 Bitcoin reserves on Binance have dropped below 570 000 BTC, the lowest level since January 2024.

Previously, a similar reduction in reserves preceded a 90% increase in BTC price in March.

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🇸🇻 El Salvador's President Nayib Bukele plans to visit Russia in 2025, with Bitcoin likely to be the main topic of discussion.

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DeCenter – Blockchain and Bitcoin

🇹🇷 A law has been passed in Turkey requiring users to provide identification data to cryptocurrency services for transactions exceeding $425.

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DeCenter – Blockchain and Bitcoin

❄️ Tether has frozen another address holding 13 144 000 USDT on the Ethereum blockchain.

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DeCenter – Blockchain and Bitcoin

⚛️ Today, the Cosmos Foundation sold 295 BTC ($27.7 million), which were raised during their ICO in 2017. Additionally, this year, the company sold 21 600 ETH. They still hold 96.4 BTC and 17 188 ETH worth a total of $67 million.

ATOM, the project's native token, is showing one of the worst performances. When BTC was priced at $16 000, ATOM traded at $10, but now its value has dropped to $6.8.

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DeCenter – Blockchain and Bitcoin

✈️ Pavel Durov announced that Telegram has become profitable for the first time, with total revenue exceeding $1 billion and the company holding over $500 million in its accounts by the end of the year (excluding TON).

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🇺🇸 Donald Trump realDonaldTrump/posts/113698639577293090">has appointed former football player Bo Hines as the head of the U.S. "Crypto Council."

Previously, Trump named David Sacks, a former PayPal executive, as the "Crypto King."

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🇱🇺 Luxembourg has passed a new blockchain law that simplifies the process of issuing digital investment funds.

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🇫🇷 The second-largest bank in France, Groupe BPCE, is set to launch cryptocurrency trading services for its 35 million users.

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DeCenter – Blockchain and Bitcoin

🪙 CEO of Tether stated that exchanges are not planning to delist USDT for European users at this time, with the exception of Coinbase, which supports USDC, the stablecoin by Circle.

It’s worth noting that banks are closely monitoring Tether's success. The company earned $2.5 billion in Q3 2024 and $7.7 billion over the past nine months. In light of these record-breaking profits, banks are planning to launch their own stablecoins for payments and other financial services.

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⛽️ The mining pool Foundry USA returned 8.18 BTC (about $777 000) to a crypto enthusiast who mistakenly paid it as a transaction fee on December 19.

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🪙 Michael Saylor shared a list of 60 public companies with the largest Bitcoin reserves — topping the ranking is Microstrategy with an impressive 444 262 BTC.

According to Saylor, by 2025, Bitcoin will become a mandatory part of corporate portfolios, and the absence of crypto assets will seem unusual.

Bitcoin is no longer just an asset — it's the new standard for business.

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🇪🇹 Over the past year, Ethiopia has invested approximately $1 billion in Bitcoin mining, with the government partnering with 25 mining companies attracted by the country’s low-cost electricity.

Notably, Bitcoin mining in Ethiopia relies exclusively on renewable energy sources, particularly the Grand Ethiopian Renaissance Dam — Africa's largest hydropower project with a capacity of 5.15 GW.

Last year, BitCluster launched a 30,000 m² data center in Ethiopia with a capacity of 120 MW, accommodating over 34,000 Antminer S21 200Th units, delivering a total hashrate of 6.8 EH/s.

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DeCenter – Blockchain and Bitcoin

🇪🇺 Starting December 30, cryptocurrency exchanges in the European Union will require additional identity verification for transactions exceeding €1 000.

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DeCenter – Blockchain and Bitcoin

🪙 The publicly traded company KULR bought 217 BTC for $21 million for its strategic Bitcoin reserve — the purchase price was $96 556 per BTC.

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DeCenter – Blockchain and Bitcoin

💎 While Bitcoin and cocoa beans were reaching all-time highs, diamond prices fell to their lowest levels in the past 100 years.

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DeCenter – Blockchain and Bitcoin

🇰🇷 South Korea is experiencing a real cryptocurrency boom:

🔴 15.6 million people, or 45% of the economically active population, already own cryptocurrencies.

🔴 The number of crypto investors is growing by approximately 100 000 people every month.

🔴 Residents of the country hold digital assets worth $69 billion, with the average investor’s portfolio amounting to $4 400.

🔴 South Korea’s top 5 exchanges handle daily trading volumes of up to $10 billion, nearly catching up with the KOSDAQ stock market.

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⚒️ Despite a significant 110% increase in BTC price in 2024, only 7 out of 25 publicly traded mining companies turned a profit.

Since the launch of the Bitcoin network, miners have collectively earned over $71 billion. However, their revenues are halved every four years due to halving events, making mining an increasingly challenging business.

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🛰️ Elon Musk's SpaceX uses stablecoins to hedge against currency risks. The company accepts payments for its Starlink satellite internet service from clients in so-called "long-tail countries" and converts these payments into stablecoins.

SpaceX then converts the stablecoins back into US dollars.

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🔥 MicroStrategy has acquired 5 262 BTC for $561 million at $106 662 per Bitcoin.

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🗽 Peter Schiff, one of the most prominent critics of Bitcoin, has proposed the idea of launching a national cryptocurrency for the United States. In his view, instead of building strategic reserves in Bitcoin, the country could significantly save by creating its own digital asset, “USAcoin.”

Schiff suggested limiting the supply of USAcoin, similar to Bitcoin, but integrating an enhanced blockchain. This would provide the new cryptocurrency with high functionality, making it suitable for everyday payments.

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DeCenter – Blockchain and Bitcoin

🇦🇪 The United Arab Emirates (UAE) holds $40 billion in Bitcoin.

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DeCenter – Blockchain and Bitcoin

🇸🇻 President of El Salvador, Nayib Bukele, has increased daily BTC purchases, aiming to acquire an additional 20 000 BTC.

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DeCenter – Blockchain and Bitcoin

🇫🇮 The mining company Marathon has launched its second centralized heating project in Finland. A city with a population of 67 000 is now heated exclusively using heat generated during the Bitcoin mining process.

The total number of residents benefiting from heating provided by the company’s projects has reached 80 000.

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