Bitcoin: Satoshi Nakamoto's dormant wallet holding tens of thousands of BTC will wake up in 2025
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The dormant Bitcoin wallet of the Satoshi Nakamoto era, which holds tens of thousands of BTC, will be reactivated in 2025, marking the "whale awakening" and a shift in long-term supply. (Cointelegraph)
According to AiCoin's real-time on chain monitoring, from 04:39-04:42 (UTC+8) today, "1011 Insider Whale" opened multiple BTC positions with a total opening quantity of 600 BTC and a value of $54.88 million.
As of press time, the value of its BTC long position is $54.93 million, with a floating profit of $47300.
Whale address: 0xb31d2bc2d2d2df5fa441bae0ab9d8b07283ae
[U.S. House of Representatives Votes to Table Motion to Impeach President Trump]
On December 11 local time, the U.S. House of Representatives voted 237 in favor and 140 against to table the motion to impeach President Trump, proposed by Texas Congressman Al Green. All Republican lawmakers voted in support of tabling the motion. Although many House Democrats privately believe that Trump should not continue serving as president, most were unwilling to advance this resolution.
The cryptocurrency project World Liberty Financial, supported by US President Trump, has stated that its USD1 stablecoin has now become a part of Binance's core infrastructure. (Decrypt)
[U.S. Treasury Department Plans to Issue New Rules Allowing Companies to Fully Utilize R&D Tax Credits]
The U.S. Treasury Department is preparing to release a corporate tax relief plan, which could be introduced as early as next week. The plan will allow companies like Salesforce and Qualcomm to fully utilize the R&D tax credits included in President Trump's tax law. The Treasury Department's proposal aims to address the issue during the Biden administration where the 15% minimum tax rate for companies with at least $1 billion in annual revenue prevented businesses from fully benefiting from R&D tax credits.