Jon Cunliffe, deputy governor for financial stability at the Bank of England, claimed the risks of Bitcoin are on the horizon. He urged regulators to take action before such an economic threat arises in the traditional markets.
Valkyrie Is Launching a $100 Million DeFi Hedge Fund
Valkyrie Investments is planning to launch a $100 million DeFi hedge fund next week on Monday, Nov. 22. The fund will include investments tied to at least 24 assets on 13 blockchains including Ethereum and Solana. Unlike some other funds, Valkyrie will hold funds on-chain to take advantage of staking and yield farming.
Ethereum-Based Holdings Among Institutions Up 19% in Q3
The number of Grayscale Bitcoin Trust shares held by large institutions fell by 2.6% in the third quarter, while the number of Grayscale Ethereum Trust shares increased by 19% compared to last quarter.
President Biden Signs Infrastructure Bill Into Law
After months of scrutiny by both the United States Senate and the House of Representatives, the infrastructure bill, which has been criticized by many cryptocurrency advocates, has now officially become the country's law.
Paradigm Launches Record $ 2.5 Billion Crypto Fund
Paradigm has announced the largest cryptocurrency fund ever with a total of $2.5 billion. The team said that the new capital will be allocated to developing Web3 projects.
Marathon to Sell $500 Million in Bonds to Buy More Bitcoins and Mining Devices
Marathon Digital Holdings has announced plans to sell $500 million in convertible bonds to purchase more Bitcoin and Bitcoin mining machines. Convertible notes will be offered in the form of five-year notes to "qualified corporate buyers".
We support the Turkish sports and our sportspeople via our sponsorships agreements with 1907 Fenerbahçe Wheelchair Basketball Team, Cem Bölükbaşı, Erden Eruç, and Turkish Automobile Sports Federation! In this very rewarding and helpful journey of ours, we will continue to enrich and strengthen the Turkish sports thanks to the new steps we take in reaching brand new sponsorship agreements.