For legendary investor Bill Miller, the biggest motivation behind the massive Bitcoin portfolio allocation is the government's lack of ability to intervene in its economy and ownership. The billionaire explained in a recent interview with WealthTrack that he invests 50% of his entire portfolio in Bitcoin and digital asset-related businesses.
UK Lawmakers Create Cryptocurrency and Digital Assets Group to Ensure Regulation Supports Innovation
UK lawmakers have created the Crypto and Digital Assets Group to ensure that new rules for the cryptocurrency industry support innovation. The British member of parliament, who will chair the group, said: "We are at a crucial time for the sector, as global policymakers are also now reviewing their approach to crypto and how it should be regulated."
Nasdaq-Listed Bitcoin Mining Company Invests $43 Million in Bitcoin
Bitfarms, a Canadian cryptocurrency mining firm listed on Nasdaq, announced that it had invested $43.2 million in Bitcoin after the price of BTC fell by about 12% in the first week of the year to increase the amount of BTC it holds. According to a press release published by Bitfarms, total BTC assets increased by 30% to over 4,300 BTC.
German Online Bank N26 to Start Crypto Trading in 2022
The Financial Times reported that the German online bank N26 had announced plans to launch a crypto trading service this year and add equities brokerage after that. Founding partner and CEO of Max N26 Tayenthal, recognized as one of Europe's largest fintech 7.8 billion valuations, the bank's new services shortsighted to focus on global expansion a priority at the expense of making a decision is adopted.
Former US SEC Chairman: Digital Assets Will Change Global Financial Infrastructure
Former Head of the US Securities and Exchange Commission (SEC) Jay Clayton said that digital assets will change the global financial infrastructure, but it is unclear which type of assets will be the most transformative. In an interview with Blockworks, he said, "I see that digital assets are part of our global infrastructure, whether in the form of a tokenized traditional security, a fiat currency, or a new type of asset."
According to Hedge Fund Veteran Cathie Wood, The Reason Why Crypto Correction Continues
ARK Invest founder Cathie Wood says the driving force behind the recent crypto market correction is connected to a trend happening in the equity markets. In a new video on the ARK Invest YouTube channel, Wood suggests that macroeconomic uncertainty is pushing up the US dollar and putting pressure on commodity markets.
Pantera Capital's CIO: Ethereum May Soon Be Behind 50% of All Financial Transactions
Ethereum will continue to outperform its competitors, according to Joey Krug, Chief Investment Officer at digital asset investment firm Pantera Capital. Also, the manager believes that Vitalik Buterin's project will realize 50% of global financial transactions in the next decade.
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.