Tesla, which bought $ 1.5 billion in BTC in February, drew reaction by selling 10 percent of its Bitcoin positions. In the statements made by the company, it was reported that they will continue to believe in and accumulate Bitcoin, and this sale was made because cash conversion was needed.
Cryptocurrency Demand for PayPal is Higher Than Expected
PayPal CEO Dan Schulman explained that the demand for cryptocurrencies is several times greater than they expected. PayPal has recently offered a wider range of payment options to its customers by activating transactions with crypto assets.
USDT Has a Record Market Value
The market value of Tether (USDT), which has the largest market value among stablecoins, has exceeded $ 50 billion. This shows that there are more than 50 billion USDT in circulation, pegged to the US dollar.
JPMorgan Could Establish BTC Mutual Fund
JPMorgan, one of the largest investment banks in the world, will offer its customers the opportunity to invest in Bitcoin. The BTC fund, which will be offered by the bank, which manages $ 3 trillion in assets, to certain levels of customers, is expected to be active towards the summer months.
Famous Player Will Receive All His Salary With Bitcoin
Kansas City Chiefs player Sean Culkin became the first National Football League athlete to receive his full salary in Bitcoin. The famous actor said he believes cryptocurrencies will guide the future of finance.
Miller Value Comments on Bitcoin Supply and Demand
Miller, founder of Miller Value Partners, stated in a recent interview that demand is increasing rapidly despite the two percent growth in BTC supply per year, and that this will continue to push bitcoin prices up. Referring to the increase in institutional interest, Miller added that the spread of Bitcoin is in the beginning stage.
World's First Virtual Entertainment Club Launches On Ethereum
World famous club Amnesia Ibiza has partnered with Decentral Games to open a virtual space on the Ethereum blockchain. The club, which will be active in June, will have three ETH-based virtual rooms. Users will be able to use their own NFTs on this platform.
Vitalik Buterin Donates Giant Ethereum
Vitalik Buterin, the co-founder of Ethereum, donated $ 600,000 worth of Ethereum to support India's difficulties in the coronavirus outbreak. Vitalik's call for India, which is considering to ban cryptocurrencies completely, was that more crypto lovers should contribute.
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.