@CoinbaseSupport I’ve been a loyal customer for 9 years, but my recent experience has been terrible. Since Dec 2023, after updating my KYC in May 2024, I’ve been stuck in a 10-month loop of "We're reviewing your account," submitting documents over and over with no resolution.
Ashley retweeted
Right now, we're effectively capped at burning 200m $UST per hour (with the current price of UST).
That's 1.4% of the total supply per hour.
If the peg drops further, we can burn more.
Arbitrageurs will not burn anything over the 200m UST per hour as the spreads are too high.
Ashley retweeted
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Ashley retweeted
MicroStrategy has purchased an additional 13,005 bitcoins for ~$489 million in cash at an average price of ~$37,617 per bitcoin. As of 6/21/21 we #hodl ~105,085 bitcoins acquired for ~$2.741 billion at an average price of ~$26,080 per bitcoin. $MSTR
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