Immediately in crypto, TON launches UAE Golden Visa program requiring simply $100,000 in staked TON, Arkham says the latest $8.6 billion Bitcoin whale switch doesn’t seem like it’s being bought off. In the meantime, musical artist Drake mentions BTC in new music.
TON affords 10-year UAE golden visa for $100K in staked Toncoin
The Open Community (TON), the blockchain platform spun out of Telegram, has unveiled a brand new pathway to UAE residency, providing 10-year Golden Visas to candidates who stake $100,000 value of Toncoin (TON) for 3 years and pay a one-time $35,000 processing price.
“Safe your Golden Visa in below 7 weeks from doc submission to the Visa Workplace,” TON introduced Saturday, detailing that its UAE-based companions will handle the visa processing and residency standing affirmation.
Candidates retain management of their property in the course of the staking interval by a decentralized good contract verifiable on the TON blockchain. Moreover, this system guarantees estimated annual yields of three% to 4% on staked property, including an incentive for crypto traders.
The Golden Visa extends protection to instant relations, together with spouses, youngsters, and fogeys, at no extra value past commonplace authorities charges.
$8.6B Bitcoin whale switch exhibits no indicators of sell-off: Arkham
Blockchain intelligence agency Arkham says the latest $8.6 billion in Bitcoin that was moved on Thursday for the primary time in over 14 years doesn’t look like heading for a sell-off.
“There are not any indications that this whale is promoting Bitcoin,” Arkham stated in an X put up on Friday.
Arkham agency added that the eight transfers — which moved 10,000 Bitcoin at a time from eight wallets that have been untouched for over 14 years — could also be presumably because of the proprietor upgrading from the unique legacy pockets to a Native SegWit tackle, that are stated to have improved safety and decrease charges.
“Yesterday’s $8 billion transfers have been presumably associated to handle upgrades, shifting from 1-addresses to bc1q-addresses,” Arkham stated.
Drake drops Bitcoin reference in new music
Musical artist Drake talked about Bitcoin (BTC) in his newest music “What Did I Miss?” The music was launched on Saturday and is already drawing consideration from Bitcoiners on social media.
Drake beforehand wager $1 million in BTC on the result of the 2022 Tremendous Bowl; the championship recreation of the American contact sport. The particular verse from the music goes:
“I have a look at this shit like a BTC, could possibly be down this week, then I am up subsequent week. I do not give a fuck when you love me. I do not give a fuck when you like me. Askin’ me ‘How did it really feel?’ Cannot say it did not shock me.”
Popular culture references to Bitcoin point out that the digital asset is step by step shifting from a distinct segment phenomenon into the mainstream.
