BCHA (Bitcoin Cash ABC), which emerged after the hard fork experienced by Bitcoin Cash in the past weeks, will integrate the Avalanche Consensus. In this way, it is stated that it will benefit from the Avalanche Consensus for faster approval times and protection against 51 percent attacks.
The House of Representatives Seeks Regulation for Digital Coins
In the letter written to the SEC (the institution that controls the American capital markets) by a group of 9 people within the parliament, it was stated that the SEC and FINRA should not be left behind in terms of regulation.
Insurance Companies' Bitcoin Investment May Increase, According to JP Morgan
JP Morgan said there could be a $ 600 billion entry into the Bitcoin market, with a potential increase in corporate demand following insurance company Mass Mutual. The adoption of Bitcoin from this latest acquisition is a sign of the spread from family offices and wealthy investors to insurance companies and pension funds, strategists said.
Bitcoin Realized Price Breaks All-Time Record
With Bitcoin rising over $ 19,000 again, the Bitcoin Realized Price Rate reached its all-time high of $ 7,670.15 on December 13. It is seen that short-term market sensitivity has disappeared. It provides a positive indicator in terms of the longer-term volatility of bitcoin value.
Microsoft Expands Blockchain Platform for Rights and Copyright Management
Microsoft plans to use expanded blockchain functionality to enable Xbox game partners and the network of artists, musicians, authors, and other creators to gain greater visibility into tracking, management, and payment transactions for copyright agreements.
PayPal Shares Increased 17% as it Supports Bitcoin Purchases
Although PayPal's entry into the cryptocurrency industry is not the only catalyst behind its increased performance, corporate companies' demand for digital assets has also had a positive effect on other investors. In particular, it shows that PayPal's crypto platform has collected 70% of the newly mined BTC in recent weeks to meet the increasing demand with the launch of its crypto platform in the US.
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