The business intelligence firm MicroStrategy has purchased another $94 million worth of Bitcoin (BTC) at an average cost of $49,229. According to a filing with the U.S. Securities and Exchange Commission on Thursday, MicroStrategy purchased 1,914 BTC for $94.2 million between December 9 and December 29, totaling 124,391 BTC.
Three Arrows Capital Deposited 10,000 ETH to a Centralized Exchange
Three Arrow Capital crypto hedge fund, notorious for "abandoning" Ethereum and then actively trading it, has deposited large sums on a centralized exchange as the asset continues to lose value on the crypto market.
Close to $50 Million in Bitcoin From 2011 Moved for the First Time in 10.5 Years
On December 29, two addresses from 2011 containing 500 Bitcoin each transferred 1,000 coins for the first time in 10.5 years. Furthermore, another wallet from 2011 woke up on Wednesday, moving 40 Bitcoin for the first time in over a decade.
Decentraland Is Set to Grow As Metaverse Gains in Popularity
Metaverse is gradually becoming the next big trend as investor participation increases in the virtual world of Decentraland. Recently the blockchain world announced that they will be recreating the iconic Ball Drop in the metaverse which will also mark the beginning of ‘MetaFest 2022’.
Iran Has Allowed Renewable Energy Plants to Provide Electricity to Cryptocurrency Miners
The authorities in Iran have decided to allow electricity generation facilities that use renewable sources to sell electricity to licensed cryptocurrency miners. The move comes after the government asked mining companies to suspend their operations to avoid winter disruption.
Tether's Market Cap Nears $80B, USDT Represents 46% of the Stablecoin Economy
This week, the stablecoin giant Tether reached a market capitalization of about $78.2 billion, according to data. Over the past 30 days, the market capitalization of Tether has increased by 5.6%, and stablecoin currently represents 46% of the $168.3 billion stablecoin economy.
We support the Turkish sports and our sportspeople via our sponsorships agreements with 1907 Fenerbahçe Wheelchair Basketball Team, Cem Bölükbaşı, Erden Eruç, Emir Tanju and Turkish Automobile Sports Federation! In this very rewarding and helpful journey of ours, we will continue to enrich and strengthen the Turkish sports thanks to the new steps we take in reaching brand new sponsorship agreements.