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The percentages on deposits as of April 1️⃣

The percentages on deposits as of April 1️⃣

Apr-1-2025

CELESTION Website Now Available in Russian – Explore Our Services in Your Language!

CELESTION Website Now Available in Russian – Explore Our Services in Your Language!

Apr-1-2025

We are pleased to announce that the CELESTION website is now available in Russian!!!

Users from Russian-speaking countries can now easily explore our financial and investment services and innovations in their native language.

We are committed to making our solutions accessible to all and continue to expand internationally!

Discover the future of digital asset trading with CELESTION ☑️

More than a third of South Koreans are crypto investors ✔️

More than a third of South Koreans are crypto investors ✔️

Apr-1-2025

The number of investors in the country's stock market has dropped to 14.1 million. This means that about 32% of the population invests in cryptocurrencies. To eliminate the error of repeated counting, crypto investors who have accounts on several crypto platforms were counted only once, the parliamentarian explained.

Cha Kyu-geun said that the growth in the number of South Korean crypto investors began to be recorded in March 2024. Over the past year, their number has increased by more than 2 million. The peak of registrations occurred in November, when Donald Trump was elected president of the United States. In a short period of time, more than 500 thousand users were registered.

The top three by number of clients is headed by the Upbit exchange, where 9.2 million users are registered, followed by Coinone with 3.2 million and Bithumb with 2.36 million.

Men aged 30–40 make up about 40% of all investors. At the same time, women over 50 are actively involved in crypto investments, especially those with large capital.

The majority, 12.1 million people (83.1%), hold crypto assets worth less than 1 million won ($680), while 160,000 investors hold assets worth more than 100 million won ($68,000).

Earlier, South Korea's financial intelligence unit announced that it had launched an investigation into the activities of cryptocurrency exchanges KuCoin and BitMEX due to their lack of registration as virtual asset service providers (VASPs).

The percentages on deposits as of March 3️⃣1️⃣

The percentages on deposits as of March 3️⃣1️⃣

Mar-31-2025

MARA Announces Plans to Sell $2 Billion in Shares to Invest in Bitcoin ✔️

MARA Announces Plans to Sell $2 Billion in Shares to Invest in Bitcoin ✔️

Mar-31-2025

MARA has announced plans to issue and sell shares worth $2 billion.
The net proceeds from this offering will be used to purchase the first cryptocurrency and replenish working capital.

Bitcoin mining company MARA (formerly Marathon Digital) plans to issue and sell shares worth $2 billion. The company will use the funds to purchase its first cryptocurrency and replenish working capital.

The press release stated that on March 28, 2025, MARA entered into an agreement to place shares on the open market with a number of financial institutions, including Barclays, BMO Capital Markets, Cantor Fitzgerald and others.

“Under this agreement, we may tender and sell up to $2 billion of our common stock (at a price of $0.0001 per share),” the statement said.

In addition, the proceeds may be used to purchase additional servers for bitcoin mining, as well as to acquire businesses, expand existing assets, pay off debt and other outstanding obligations.

If MARA decides to use the entire $2 billion to purchase Bitcoin, it will be able to add approximately 24,390 BTC to its portfolio.

Recall that at the end of 2024, MARA announced the purchase of 15,574 BTC worth $1.53 billion.

The percentages on deposits as of  March 2️⃣8️⃣

The percentages on deposits as of March 2️⃣8️⃣

Mar-28-2025