Hit Bitcoin While Hot, Asian Crypto Trust | Day summary for December 10 with Skyrex

10.12.2021 9:38 pm

๐Ÿ‡บ๐Ÿ‡ธ US inflation rose 6.8% and reached its highest level since 1982.

Analysts had forecast inflation at 6.8%. Economists Reed Pickert and Matthew Bosler identify three main factors causing inflation to hit multi-year records:

  • Due to the pandemic, it has become more difficult to carry out products and deliver them amid lockdowns;
  • in the US and other governments, they supported the population in times of crisis, so households were eager to spend.

๐ŸŒŽ Bill Gates predicted the huge popularity of the metaverse, and it is also stated that Microsoft released a test version of the VR kit in 2022.

The Microsoft founder stated that in a few years, most of the virtual encounters will take place in the metaverse – the metaverse.

Gates added that Microsoft released a test version of a VR kit in 2022 that will use a webcam to capture the avatar animation used in the current 2D version.

๐Ÿ‡บ๐Ÿ‡ฆ Kolomoisky has set up a large mining farm at the Zaporozhye Ferroalloy Plant – the farm can bring about 80 BTC per month.

In 2021, the Zaporozhye Ferroalloy Plant, owned by Igor Kolomoisky, one of the richest people in Ukraine, brought in 2,600 mining devices from Bitfury and 12,500 devices from Bitmain from Hong Kong companies in the amount of 750 million hryvnia ($ 28 million).

Experts estimate that when the equipment is used at full capacity, the farm can bring about 80 BTC per month.

It is worth noting that back in 2020, another company of the oligarch United Energy purchased from Energoatom a large volume of electricity for 1.15 hryvnia, instead of the initial cost of 1.4 hryvnia (most of which was sent to the ferroalloy plant), and small and medium-sized businesses now pay 5.30-5.60 per kWh.

๐Ÿ‡ฎ๐Ÿ‡ฉ Binance is in talks with the richest family in Indonesia – they are planning to open a crypto exchange.

Binance Holdings Ltd. is in talks with Indonesia’s richest family, Hartonos, a state-owned telecom operator, to create an exchange for cryptocurrency trading.

According to them, the crypto exchange is in talks with PT Bank Central Asia, controlled by the billionaire brothers Budi and Michael Hartono, and PT Telkom Indonesia.
The partnership between Binance, BCA and the largest telecom operator will spur wider adoption of cryptocurrencies in Indonesia, the fourth most populous country in the world, where adults have limited access to bank lending and other forms of official funding.

In addition to the bank, Hartonos also own cigarette services, a telecommunications services firm, and e-commerce businesses.

๐Ÿ’ก Binance CEO advised all newbies to better study the industry, not invest large sums in the initial stages and not buy something that users do not understand.

The CEO of Binance gave a long interview, during which he advised all newbies to better study the industry and not invest large sums in the initial stages.

CZ also recommended not to invest in assets that a person does not understand and not to “be led by loud and familiar names”:

โ€œUnderstand the industry, beware of assets that sound familiar to you (actors, companies). If you don’t even understand BTC, don’t buy it, study it first. Cryptocurrency quotes of high volatility, no one controls them. The basic and simple rule – do not buy what you do not understand. “

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