Vitalik Buterin, the creator of Ethereum, announced that it will increase the transaction speed on the Ethereum network and reduce transaction fees. Thanks to this technology called Layer 2, it will reduce the transaction cost and increase the efficiency of Ethereum, which has a capacity of 45 transactions per second and therefore increases transaction fees on the DeFi platform.
Another Lawsuit Against Ripple
Tetragon Financial Group, one of the Ripple investors and the company that helped Ripple reach a valuation of 10 billion, also sued the company. Tetragon Financial demanded the return of the funds it invested in and demanded that the companies' assets be frozen against the risk of Ripple's non-payment.
Another Crypto Exchange Joins Among Those Who Delirious To XRP
Blockchaincom has also joined those who stopped XRP transactions due to the SEC and Ripple lawsuit. The stock exchange announced in its official statement that it will stop trading XRP as of January 14.
Grayscale Liquidates XRP From Cryptocurrency Fund
In its quarterly report, Grayscale announced that they have disposed of large amounts of XRP, which constitutes 1.46% of the fund called the Digital Large Cap Fund, and replaced them with Ethereum, Bitcoin and other cryptocurrencies.
JP Morgan Analysts Predict $ 146K For Bitcoin
Analysts of JPMorgan, one of the most prestigious banks in America, stated in their statements that there will be positive changes in the Bitcoin market with gold investors looking for alternatives in the long term for a few years. The calculations made announced that if the money transferred to gold ETFs is transferred to Bitcoin, it could grow by 4.6 times and this corresponds to 146 thousand dollars.
SkyBridge Announces To Start A $ 310 Million Bitcoin Fund
SkyBridge, one of the leading hedge funds, has officially announced that it has allocated $ 310 million of its $ 3 billion fund under its management to the Bitcoin fund. SkyBridge's announcement came right after Bitcoin's 34,000 record.
Exchanges that have not yet left XRP off the list may be obliged to do so
With more than 20 exchanges dropping XRP off the list, fewer trading pairs are now left for XRP. As a result, the remaining stock markets may have to stop trading for the reduced liquidity and the XRP that cannot be traded.
One of the Largest Cryptocurrency Investments in History Has Been Made
A new one has been added to cryptocurrency investments, which have become a trend for companies. Coinbase, a San Francisco Stock Exchange, announced that the One River mutual fund made the largest cryptocurrency purchase in history.
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