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  • 06:32
    Capriole founder: If Bitcoin is not yet quantum-resistant, its price may plummet
    According to ChainCatcher, citing a certain exchange, Charles Edwards, founder of the quantitative bitcoin and digital asset fund Capriole, warned that if bitcoin does not achieve quantum resistance by 2028, its price could drop significantly below $50,000.
  • 06:30
    The Bhutanese Government has pledged to use 10,000 bitcoins to build the "City of Mindfulness."
    BlockBeats News, December 17th, according to Cointelegraph, the Bhutanese government has announced that it will utilize 10,000 bitcoins from its reserves to build a special administrative region called the Gelephu Mindfulness City (GMC). The GMC, located in the southern town of Gelephu in Bhutan, is set to launch in 2024 with the aim of curbing youth emigration by creating high value-added local job opportunities and becoming Bhutan's new economic center. The city plans to attract businesses from various industries such as finance, tourism, green energy, technology, healthcare, and agriculture, and provide regulatory flexibility for cryptocurrency and fintech companies while promoting Bitcoin mining development in Bhutan. According to the official website, the GMC occupies about 10% of Bhutan's territory, approximately 1,544 square miles. Bhutan's Bitcoin reserves rank fifth among countries, with most of it coming from mining. The country holds around 11,286 bitcoins worth over $986 million.
  • 06:26
    Bhutan pledges to invest 10,000 bitcoin to develop a "Mindfulness City"
    According to TechFlow, on December 17, Cointelegraph reported that the Kingdom of Bhutan announced it would use 10,000 of its bitcoin reserves (approximately $875 million) to build the Gelephu Mindfulness City (GMC). It is estimated that Bhutan currently holds about 11,286 bitcoins, with a total value exceeding $986 million, making it the fifth largest bitcoin-holding country in the world. This special administrative region, located in southern Bhutan, was launched in 2024, covering about 1,544 square miles (approximately 10% of Bhutan’s territory). It aims to attract enterprises in finance, technology, tourism, and other sectors, create high-value job opportunities, and prevent the outflow of young talent. The project will be constructed in phases over the next 20 years and has already launched the sovereign digital token TER, which is pegged to gold. The King of Bhutan emphasized that this development will ensure shared prosperity for the nation’s 790,000 population.
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