A fund founded by billionaire investor George Soros has supported crypto data provider Lukka in raising $53 million in funds. Lukka is one of the companies that has multiplied its value with the rise of Bitcoin.
Governments Can Buy Bitcoin
The CEO of NYDIG, a New York-based digital asset company, reported that state-owned investment funds are negotiating with NYDIG to buy Bitcoins. The CEO also announced that Singapore's sovereign wealth fund Temasek is a Bitcoin investor.
Call for Regulation from BIS President
BIS President Carstens has stated that the current regulations on cryptocurrencies are not sufficient and called on politicians to introduce more comprehensive regulations. Carstens considers Bitcoin as a speculative asset.
Banning Bitcoin Is Like Rejecting the US Dollar
Regarding the cryptocurrency ban in India, blockchain pioneer Raj Chowdhury has stated that banning Bitcoin would be like rejecting the US dollar and seriously damage the country's economy. The Central Bank of India has also made a similar statement about the ban in India.
CBOE Will Open BTC Futures Again
Chicago Board Options Exchange, one of the largest cryptocurrency exchanges in the US, had been the first official institution to launch BTC futures in 2017 and later in June 2019 it announced the fund was closed. In a recent announcement, CBOE has stated that it wants to develop a new product and reopen Bitcoin futures.
Active Bitcoin Supply Is Steadily Declining
The number of Bitcoins withdrawn from trading platforms is rapidly increasing. According to Glassnode's share, the price of BTC that is open for trading in liquid form has been decreasing continuously since the beginning of the year.
Court Accepts Ripple's Request
The US Court accepts Ripple’s documentation request from SEC regarding why it considers BTC and ETH as non-securities. A telephonic conference has been scheduled by the US court for April 6 for the documentation control.
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