Metaplanet to Mirror MicroStrategy with $62M Bitcoin Expansion
Hey there! Exciting news in the world of cryptocurrency—Bitcoin Ton has introduced Bitcoin liquidity to Telegram with a trustless cross-chain bridge. This means more accessibility and options for those involved in the crypto space. In other news, Ethereum’s co-founder recently moved $72 million in ETH to Kraken, showing some significant movement in the market.
Brazil is considering a prohibition on stablecoin withdrawals to self-custody wallets, which could have implications for how stablecoins are used and accessed in the country. Meanwhile, Hong Kong is proposing crypto tax exemptions to compete with Singapore as a financial hub. It will be interesting to see how these developments shape the future of cryptocurrency regulation in these regions.
On a different note, Fun’s livestreaming halt has caused a 33% dip in revenue for the platform. This shows how external factors can impact the profitability of businesses in the crypto space. Additionally, Changelly is embracing the holiday shopping season with crypto offers, showing how the industry is adapting to meet the needs of its users.
Overall, these updates highlight the dynamic and ever-evolving nature of the cryptocurrency space. Stay tuned for more exciting developments in the world of crypto!
