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Riddle - 2
What can travel around the world while staying in a corner ?
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$BTC As of Monday, June 16, 2025, Bitcoin (BTC) is trading at approximately $107,109 USD. The price has experienced a recovery from recent lows, with an intraday high of $107,206 and a low of $104,601. This rebound follows a brief dip triggered by escalating geopolitical tensions between Israel and Iran over the weekend. In Indian Rupees (INR), Bitcoin is valued at around ₹7,386,563, reflecting a 3.38% increase over the past 24 hours. The 24-hour trading range in INR has been between ₹7,169,856 and ₹7,552,202. Investor sentiment appears to be stabilizing, supported by consistent institutional inflows and a broader recovery in global markets.

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#VietnamCryptoPolicy Vietnam is undergoing a significant shift in its approach to cryptocurrency regulation. The National Assembly recently passed the Law on Digital Technology Industry, which will take effect on January 1, 2026. This legislation officially recognizes crypto assets, classifying them into two categories: virtual assets and crypto assets. Importantly, these classifications exclude securities, digital fiat currencies, and other traditional financial instruments, indicating a move toward a distinct regulatory framework for digital assets. The law mandates the Ministry of Finance to develop specific business conditions, classifications, and oversight mechanisms for these asset types. Additionally, it requires the implementation of cybersecurity and Anti-Money Laundering (AML) safeguards aligned with international norms, addressing concerns raised by the Financial Action Task Force (FATF). Vietnam has been on the FATF "gray list" since 2023, and this move aims to enhance its compliance and reputation in the global financial community. Beyond cryptocurrency, the legislation signals Vietnam's ambition to become a digital technology hub. It introduces incentives for enterprises working in artificial intelligence (AI), semiconductors, and digital infrastructure, including tax breaks, land-use benefits, and research and development support. These measures are designed to foster innovation and attract investment in the digital sector. This comprehensive approach positions Vietnam as a forward-thinking nation in the realm of digital technology, aiming to balance innovation with regulation to ensure a secure and thriving digital economy.

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#MetaplanetBTCPurchase Metaplanet, a Japanese investment firm formerly known for hotel development, has undergone a significant transformation since 2024. Inspired by the model of U.S. firm Strategy (formerly MicroStrategy), Metaplanet shifted its focus to accumulating Bitcoin (BTC) as a core business strategy. This pivot has led to substantial growth in its Bitcoin holdings and stock value. Bitcoin Acquisition Strategy Metaplanet has been actively acquiring Bitcoin through various means, including equity sales and bond issuances. Notably, the firm raised $5.4 billion to fund its Bitcoin purchases, aiming to acquire 210,000 BTC by the end of 2027, which would constitute approximately 1% of the total Bitcoin supply . As of March 2025, Metaplanet's Bitcoin holdings have grown to 3,050 BTC, with plans to increase this to 10,000 BTC by the end of 2025 and 21,000 BTC by the end of 2026 . Financial Performance and Market Impact The company's aggressive Bitcoin acquisition strategy has positively impacted its stock performance. Since the announcement of its Bitcoin-focused strategy, Metaplanet's stock price has surged over 8,850% in two years, reaching a peak of 6,650 yen . Future Plans and Global Expansion Metaplanet is exploring opportunities to list its shares outside Japan, including potential listings in the United States . Additionally, the company plans to open "The Bitcoin Hotel" in Tokyo in early 2026 and holds the exclusive license for Bitcoin Magazine in Japan to promote cryptocurrency education .

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#TrumpBTCTreasury Trump’s Strategic Bitcoin Reserve: Key Developments In March 2025, President Donald Trump signed an executive order establishing the Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile. This initiative aims to position the United States as a leader in cryptocurrency by treating Bitcoin as a reserve asset, akin to gold. 🔑 Key Features of the Reserve Funding Source: The reserve is capitalized with approximately 200,000 BTC seized through criminal and civil forfeiture proceedings, valued at over $17 billion. No Taxpayer Cost: The reserve will not use taxpayer funds; it will be maintained as a store of value, similar to a "digital Fort Knox." Non-Sale Policy: The U.S. government will not sell the Bitcoin deposited into this reserve. Potential for Expansion: The Secretaries of Treasury and Commerce are authorized to develop budget-neutral strategies for acquiring additional Bitcoin, provided they impose no incremental costs on taxpayers. 💰 Market Reactions Following the announcement, Bitcoin's price experienced volatility. Initially, the market reacted with a decline, with Bitcoin dropping to $85,000. However, it later rebounded to around $90,700. The broader cryptocurrency market also saw significant movements. For instance, Ethereum (ETH) rose from a low of $2,100 to over $2,500, and Cardano (ADA) experienced a nearly 42% surge in the last week following the announcement. 🏛️ Political and Public Response The initiative has garnered mixed reactions. Some industry leaders view it as a historic move positioning the U.S. as a global leader in digital assets. However, critics, including Democratic Representative Gerald E. Connolly, have expressed concerns about potential conflicts of interest and the impact on taxpayers.

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$BTC As of June 15, 2025, Bitcoin (BTC) is trading at approximately $105,431 USD. The price has seen a slight increase of 0.46% over the past 24 hours, with an intraday high of $106,043 and a low of $104,402. In Indian Rupees (INR), the current price of 1 BTC is around ₹7,153,058, according to Coinbase . On CoinGecko, the BTC/INR rate is approximately ₹7,982,916 . These variations are due to differences in exchange rates and fees across platforms. Despite recent geopolitical tensions and market volatility, Bitcoin's price has remained relatively stable. Analysts suggest that the current rally is not yet showing signs of peaking, with some indicators suggesting potential for further gains .

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