In 2024, the total monthly average income in Romania stood at RON8,270 per household, in nominal terms, representing RON3,302 per person and increasing by 15.3% and 15%, respectively, compared to 2023.
American Bitcoin, backed by Eric Trump and Donald Trump Jr., has quietly amassed over $23 million in BTC while preparing to go public via a Gryphon merger. American Bitcoin, a Bitcoin mining firm backed by President Donald Trump’s two eldest sons, Eric Trump and Donald Trump Jr., has quietly built up a 215 BTC reserve since its April 1 debut. The company, formally known as ABTC, is positioning itself not just as another mining venture but as a long-term accumulator of Bitcoin (BTC), it disclosed in a June 6 filing with the US Securities and Exchange Commission (SEC). The stash, currently worth over $23 million, was not previously disclosed. “ABTC considers its reserve a core strategic asset, managed adaptively to support balance sheet strength with a view to enhancing long-term stockholder value,” the firm stated. Read more
Cointelegraph and Audius are launching a remix contest to spotlight how decentralized platforms are empowering artists and redefining creative ownership to reshape the music industry. As streaming platforms dominate music distribution, artists have increasingly found themselves sidelined and earning fractions of pennies per play, all while relying on centralized platforms to reach fans. However, in a corner of the digital world, a new wave of creators, developers and platforms are exploring how Web3 tools can offer an alternative. Decentralized, Web3-native music platforms have emerged in recent years to offer artists more control over their content, more direct access to their audiences and better monetization models. Read more
The mysterious $300 million leveraged Bitcoin long comes days after Wynn’s second $100 million leveraged Bitcoin position was liquidated, causing a near $25 million loss. A mystery investor has opened a $300 million leveraged Bitcoin position, fueling speculation around their identity. The unknown whale, or large cryptocurrency holder, opened a 20x leveraged Bitcoin (BTC) long position worth over $308 million at the entry price of $108,100, Hypurrscan blockchain data shows. The position currently shows an unrealized profit of more than $4 million and faces liquidation if Bitcoin drops below $105,780. Read more