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1
Cardone Capital launches fund combining real estate investments with Bitcoin purchases;
Grant Cardone, founder and CEO of Cardone Capital, said: “After more than 11 years of researching Bitcoin, we have developed a way to combine the stability of cash flow real estate with the growth potential of Bitcoin.
We will continue to target a 12%-15% internal rate of return on our underlying real estate investments, while having the potential to increase total returns through this hybrid strategy.”
2
James Fickel, a well-known ETH/BTC exchange rate bull, continued to reduce his ETH/BTC exchange rate long position in the past 30 hours: selling 10,000 ETH ($33.57M) in exchange for 348.3 WBTC to repay and reduce his position.
This previously largest long ETH/BTC position on the chain is now almost completely liquidated: only 227 WBTC ($21.76M) of borrowing is left, and one or two more sales will be enough to completely close the position.
It is currently estimated that his loss on the long ETH/BTC exchange rate is close to $70 million (20,665 ETH
Many people who were long on ETH/BTC have lost money
3
An address that received 1,940 ETH in the Ethereum ICO woke up after 9.4 years of slumber and transferred 0.01 ETH to a new wallet. The cost of participating in the ICO was $601, and these tokens are currently worth $6.56 million.
4
Currently, South Korea's total population is estimated to be around 51.23 million. This means that the number of people holding cryptocurrencies is equivalent to more than 30% of the total population. The report said that the number of cryptocurrency investors in South Korea has been rising, and it soared in November. This may be the result of highly optimistic market sentiment after US President-elect Trump won the election in early November.
The number of people holding cryptocurrencies on South Korean exchanges exceeded 15.59 million, an increase of 610,000 from 14.98 million in October.