Crypto | Business Tips

The Bank for International Settlements has authorized the world’s central banks to store up to 2% of their capital in cryptocurrency. However, there is a nuance: The minimum collateral reserve for crypto is 1,250%. That is, if a bank wants to invest $10,000 in BTC, it needs to provide them with an additional $125,000 in reserves. Nevertheless, this is awesome news for the mass adoption of cryptocurrencies because banks will now be able to officially own digital assets. 📈Crypto_Ocean

🔷 Singapore's largest bank owns 173,753 ETH worth $650 million - 1.4% of the entire Ethereum supply. DBS Bank is the number one bank in Singapore with $547 billion in assets. 📈Crypto_Ocean

Trader made $650,000 in 5 hours with an investment of $861 thanks to memcoin A user increased his investment by 762 times in about five hours, turning $861 into $650,000 thanks to trading the MOTHER memcoin on the Solana network. He spent 5.14 SOL ($861 at the time) to buy 86.55 million MOTHER, representing 8.66% of the token's total supply. About five hours later, the trader sold 80.41 million MOTHER for 3,035.5 SOL, which is valued at $509,000. At the time of writing, he still has 6.14 million MOTHER left worth about $148,000. Lookonchain noted that the trader is most likely not an insider, as he traded almost 700 coins and suffered losses before buying the MOTHER token. The percentage of his profitable trades was less than 25%. 📈Crypto_Ocean

NEW - Trump: "I will ensure that the future of crypto and Bitcoin will be made in the USA… I will support the right to self custody to the nations 50 million crypto holders." 🤝 @Cryptocurrency_Inside ✅

💡💡💡: 🇺🇸 Donald Trump says he is "very positive and open minded to cryptocurrency companies." "Our country must be the leader in the field." 🤝 @Cryptocurrency_Inside ✅

⚡️⚡️⚡️⚡️⚡️⚡️: 🇺🇸 SEC approves spot Ethereum ETFs. 🤝 @Cryptocurrency_Inside ✅

💡💡💡 : CNBC discusses the possibility of a spot Solana ETF being approved after Ethereum. 🤝 @Cryptocurrency_Inside ✅

💡💡💡: Donald Trump's presidential campaign officially accepts Bitcoin and crypto. 🤝 @Cryptocurrency_Inside ✅

The amount of Bitcoin that is considered lost is almost three times the amount left to mine 📈Crypto_Ocean

🥇 What bitcoin mining looked like in 2013 when the cost per BTC was $100. 📈Crypto_Ocean