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Bhutan Dumps Bitcoin? $173M Sent to Binance in Days
4 Articles
4 Articles
The small Himalayan kingdom is focusing on the virtual currency to modernise the economy and promote the arrival of digital nomads. The government feeds its reserves (the world's largest sixths) thanks to hydropower, an abundant and sustainable resource in the country. However, the challenges related to the volatility of digital markets, the need for training and the prevention of fraud remain.
Shocking $282M USDC Transfer From Binance: Unpacking The Whale's Next Move
BitcoinWorld Shocking $282M USDC Transfer from Binance: Unpacking the Whale’s Next Move The cryptocurrency world is abuzz with the latest report from Whale Alert, detailing a truly monumental USDC transfer. A staggering 281,936,229 USDC, valued at approximately $282 million, has been moved from the Binance exchange to an unknown wallet. This single transaction, representing a significant portion of stablecoin liquidity, immediately raises questi…
Bhutan Dumps Bitcoin? $173M Sent to Binance in Days
As the largest cryptocurrency heads into uncharted territory, the South Asian Monarchy seems to be preparing to capitalize on the gains made over the past several days. The country has experienced stable economic growth over the years and has also become one of the few nations to include digital assets in its government holdings. A Series of Transfers The recent outflows were identified by the on-chain analysis firm, Arkham, with the total amoun…
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