Shapeshift CEO Erik Voorhees explained that while Gold brought 32% profit, the S&P 500 tripled investors' money, while Bitcoin made an incredible 7,837,884% gain in the decade. He also stated that every asset manager should understand Bitcoin based on the rate of return.
Great Partnership Between Chainlink and Polkadot
Major Partnership Between Chainlink and Polkadot Major Partnership Between Chainlink and Polkadot, seen as one of the competitors of the Ethereum network, aims to create a kind of decentralized financial union, which is the partner of Ethereum network-based DeFi applications. This association will focus directly on cryptocurrency and DeFi projects in the Polkadot ecosystem and will aim to meet the needs of the community.
Pakistan Takes Action To Legalize Bitcoin and Crypto Mining
Pakistan's Securities and Exchange Commission [SEC] will step up the regulatory framework for Cryptocurrency after the state parliament announced its decision to legalize crypto trading and mining on December 2.
Additional $ 50 Million Bitcoin Investment from MicroStrategy
American company MicroStrategy purchased another $ 50 million of Bitcoin (BTC) at a price of $ 19,400. With this last purchase by the company, the total number of Bitcoins it holds has increased to 40,824. The company has made $ 100 million in the past few months with its investment in Bitcoin. This profit amounts to more than the profit made by the company in the last 3 years.
Ripple Sells Its Shares On Moneygram
Ripple Labs recently announced that it sold its $ 15 million MoneyGram investment in 2019. The total price of the sales corresponds to $ 15,303,792.
Grayscale Buys $ 140 Million Bitcoin
Grayscale, holding $ 10 billion in Bitcoin, purchased over 7.1000 BTC on December 4 to hold on behalf of customers and investors. The amount purchased only corresponds to eight times the amount of Bitcoin mined that day.
Ethereum Will Be Listed On The Toronto Stock Exchange
3iQ's Ether fund has been approved to be listed on the world's ninth-largest exchange by market capitalization on the Toronto Stock Exchange (TSX). With a market valuation of approximately $ 68 billion, the fund offers Canadian investors the opportunity to evaluate their investments in Ethereum.
We support the Turkish sports and our sportspeople via our sponsorships agreements with 1907 Fenerbahçe Wheelchair Basketball Team, Cem Bölükbaşı, Erden Eruç, Emir Tanju 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.