DeCenter โ€“ Blockchain and Bitcoin
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DeCenter is the #1 blockchain community in Russia with over 75 000 experts. And this is our channel for English-speaking members.

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๐Ÿ“ˆ According to statistics, the strategy is simple: buy Bitcoin 500 days before the halving, hold it without taking any action, and sell it 500 days after the halving.

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๐Ÿš• A scammer posed as a requested Uber driver. Claiming that his phone had been hacked, he took passengers' phones and transferred cryptocurrency from their wallets. In total, he stole around $300 000 from two victims.

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๐Ÿ‡น๐Ÿ‡ญ Bitcoin may gain legal tender status in Thailand โ€” The country's Prime Minister has instructed the Ministry of Finance to establish a dedicated "sandbox."

Authorities are also exploring the possibility of issuing stablecoins as an alternative to printing banknotes.

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โšก๏ธ MicroStrategy has acquired 15 350 BTC for $1.5 billion at $100 386 per Bitcoin.

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๐Ÿช™ The CEO of CryptoQuant stated that MicroStrategy would only face bankruptcy if an asteroid hit the Earth, as Bitcoin has never traded below the average purchase price of long-term investors. Currently, this level stands at approximately $30 000.

With MicroStrategy's debt at $7 billion, the value of their BTC holdings is estimated at $46 billion.

Even if we consider only the value of the company's coins, liquidation would occur only if Bitcoin's price dropped to $16 500.

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๐Ÿ‡ณ๐Ÿ‡ฌ In Nigeria, 792 people were arrested on suspicion of participating in a large-scale cryptocurrency fraud scheme (crypto romance scam) based on social engineering and personal relationships with victims.

The arrests took place on December 10 in Lagos, where fake investment schemes were being created. Among those detained were 148 Chinese nationals, 40 Filipinos, and Nigerians who recruited victims from the United States, Canada, and Mexico. The scammers used phishing and social media to extort money through fake investment opportunities.

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๐Ÿ“Š U.S. Bitcoin ETFs have surpassed Gold ETFs in assets under management (AUM).

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๐Ÿ‡ฉ๐Ÿ‡ช The German financial conglomerate Deutsche Bank is creating its own L2 network based on ZKsync technology.

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๐Ÿ‡จ๐Ÿ‡ณ The Chinese company Cango, specializing in automotive services, has unexpectedly become the third-largest Bitcoin miner in the world.

The company plans to spend around $400 million on purchasing Antminer S19 XPs. This will allow it to reach Marathonโ€™s total hashrate level if the deal for an additional 18 EH/s is completed.

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๐Ÿช™ Never before has there been so much potential (unrealized) profit in BTC โ€” $1.3 trillion.

On average, each BTC is now worth $68 382 more than when it was acquired.

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๐Ÿก The famous Bitcoin Family sold their $300 000 house for 100 BTC in 2017 โ€” and today, they could buy it back for just 4 BTC (adjusted for inflation).

ยซIf we had kept $300,000 in a bank account since 2017, we wouldnโ€™t be able to buy the house backยป.

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๐Ÿ‡บ๐Ÿ‡ธ Federal Reserve Chair Jerome Powell says the Fed is "not allowed to own Bitcoin."

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๐Ÿ‡ธ๐Ÿ‡ป El Salvador has reached a $1.4 billion loan agreement with the IMF โ€” Bitcoin adoption will become voluntary, and the government will reduce its involvement in BTC-related projects.

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๐Ÿ‡ง๐Ÿ‡น Changpeng Zhao (CZ) met with the King of Bhutan (the King is on the left).

The Bhutanese government currently holds 12 202 BTC ($1.2 billion).

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๐Ÿ”ฅ Marathon has acquired 15 574 BTC for $1.53 billion at $98 529 per Bitcoin.

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๐Ÿ‡บ๐Ÿ‡ฟ Uzbekistan has significantly increased state fees for cryptocurrency market participants:

๐Ÿ”ด For exchanges: from $21 000 to $2.1 million;
๐Ÿ”ด For exchangers: from $5 300 to $108 300;
๐Ÿ”ด For custodial services: up to $201 100;
๐Ÿ”ด For mining pools: up to $85 100.

The regulator stated that the new fees aim to protect the market from fraudulent projects. The country has licensed two exchanges, three custodial services, and nine exchangers.

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๐Ÿ‡ซ๐Ÿ‡ฎ 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 companyโ€™s projects has reached 80 000.

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๐Ÿ‡ซ๐Ÿ‡ท The second-largest bank in France, Groupe BPCE, is set to launch cryptocurrency trading services for its 35 million users.

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๐Ÿ‡ธ๐Ÿ‡ป President of El Salvador, Nayib Bukele, has increased daily BTC purchases, aiming to acquire an additional 20 000 BTC.

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