Following the big drop in Bitcoin, it was announced that MicroStrategy had a loss of close to $ 1 billion. The company's CEO Michael Saylor, who said that they are not under any liquidation risk, explained that they plan their plans and balance sheets by anticipating the volatility of the market and that they trust BTC.
El Salvador Economy Minister Crypto Money Statement!
The government of El Salvador, which made Bitcoin a legal currency last year and announced large purchases to the state treasury, said that the financial risk was minimal, in response to questions after the price collapse. When asked that only $40 million was lost from the BTCs held, he said they didn't even have 0.5% of their overall budget.
Paraguay Accepts Crypto Money Regulations!
South American countries are known to be taking crypto assets more seriously and are working on legalization. Paraguay also plans to become a mining paradise with low electricity prices. The fact that the Latin American region has the cheapest electricity price at a cost of 5 cents per kilowatt hour makes the dream of becoming a mining hub for Paraguay realistic.
Checkout.com Announces That It Will Accept Cryptocurrency Payments!
Announcing that they want to expand their strategies on crypto coins and enter the crypto money market Checkout.com announced that they will receive payment with USDC (USD Coin). In this way, the company announced that payments can be received 24 hours a day, 7 days a week, and announced that they give people who buy and sell the opportunity to be free from traditional payment methods.
$500 Million Support from Tron
Fixing the price to the TRON DAO USDD coin reserve had made a purchase of $ 700 million only 1 day ago. In today's statement, it was announced that 500 million dollars of USDC purchase was made. There is also $2 billion allocated for TRX against short positions. According to data on its website, the TRON DAO currently holds 1 billion USDC, 140 million USDT, 1.9 billion TRON, and 14,000 Bitcoins.
Positive Results from Bank of America Survey!
Bank of America announced the results of the survey, which included 1,000 people. According to the results of the survey, despite the decline in Bitcoin, 90% of people are thinking about buying crypto money. Most people think about when the decline period will end or when they should buy, and think about buying after the return starts.
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