Bitcoin (BTC) exchange reserves are back near record lows as 2022 renewed appetite among buyers. Data from the on-chain analysis firm CryptoQuant shows that as of January 4, there were 2.308 million BTC across 21 exchanges.
Italy’s Top Private Bank Banca Generali to Allow Users to Buy Bitcoin
According to a recent report from We Wealth, Banca Generali’s private clients will be able to buy and sell Bitcoin through the bank’s app. The bank will be integrating the platform into its Home Banking system, enabling its users to engage in cryptocurrency trading without leaving the bank’s online infrastructure.
Ava Labs's John Wu Says Crypto Market Value Will Double This Year
Behind this idea, he said: “It’s going to probably be the only asset class that could withstand the headwind from the macro factors of Fed tightening and geopolitical issues that are out there, and I think the reason is very simple: because from where I sit, what I see is basically a massive inflow of talent capital and usage. I’m almost embarrassed to say that that’s a prediction because I’m just reporting what I see on a daily basis.”
South Korean Presidential Plans to Finance Election Campaign With NFTs
In South Korea, presidential candidate Lee Jae-myung plans to fundraise using NFTS, according to Yonhap News. The strategy is financial and represents a bid to attract younger voters. "As the young generation in their 20s and 30s are interested in emerging technologies, including virtual assets, NFTs and the metaverse, this type of fundraising could appeal to them," Kim Nam-kook, a Lee campaign official, told Yonhap News.
China Launches Digital Yuan Wallet Pilot App for Android and iOS
China has launched the digital wallet pilot application for the digital yuan (e-CNY) on the Android and iOS platforms. China was among the first countries to develop its own independent digital currency after developing in 2014.
480,000 LINK Purchased by Two Major Ethereum Whales
WhaleStats shared data on several large transactions made by Ethereum whales purchasing LINK. Two large whales ranked 111 and 116 in the ETH Top 1,000 Whale List have purchased a total of 479,701 Chainlink in the past twenty hours. This is the equivalent of $ 11,311,820.
Peru Proposes a Bill to Regulate Bitcoin and Other Cryptocurrencies
A draft law aimed at providing a legal basis for the cryptocurrency market has been submitted to the Peruvian Congress, which will debate on approving this bill. The document, which can be viewed on the official website of the Peruvian legislature, covers several important aspects of the country's growing ecosystem. The project, also officially known as the "Framework Law for the Commercialization of Crypto Assets", was introduced by Podemos Peru Parliamentarian José Elías Ávalos.
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.