#Satoshi Net Worth Tops Bill Gates#
Arkham announced on social media that Satoshi Nakamoto is now wealthier than Bill Gates, with a net worth reaching $116.7 billion compared to Gates' $116.2 billion.
💬 What does this mean for the crypto market? How will Satoshi's wealth impact Bitcoin's future and interest from mainstream investors?
#Trump BTC ETF Application#
Truth Social, operated by Trump Media & Technology Group, has applied for a Bitcoin spot ETF through a partner. The fund aims to track Bitcoin's spot price performance. If approved, Truth Social would be the first social media platfor
Sushi new proposal: to opportunistically close all positions in the treasury SUSHI, with 70% of future Holdings in stablecoins to drop volatility
BlockBeats news, on December 7th, according to Snapshot data, Sushi's new 'Financial Diversification Proposal' is now open for voting. Sushi CEO Jared Grey explained that currently, 100% of the Sushi treasury assets are in SUSHI Token. In the proposed diversification strategy, 70% of the treasury Holdings will be converted to stablecoins, 20% to blue-chip assets (BTC, ETH), and the remaining 10% to Decentralized Finance Tokens (such as AAVE). If implemented, the Sushi treasury will systematically liquidate the current SUSHI Holdings within a specified period to minimize the impact on the market. Implement average cost strategy during dumping and execute sales in favorable market conditions. The objectives of this proposal include: · Reduce volatility: Reduce the impact of SUSHI on the value of treasury Holdings · Enhance Liquidity: Increase the Liquidity of operational and strategic assets · Generate revenue: Explore stake, lending, or Liquidity providing opportunities. As of the time of writing, the proposal has received 270,000 SUSHI votes from 3 Addresses, all of which are 'Agree'.