German bank Donner & Reuschel announced that they will not be indifferent to the demand in Germany and will provide cryptocurrency custody services. The bank also stated that they closely follow the blockchain technology and that it has great potential for financial services.
JPMorgan Applies for Crypto Borrowing
Financial services giant JPMorgan applied to the SEC to launch a debt instrument linked to 11 crypto-focused firms. Thus, investors will have a debt instrument that they can directly invest in crypto-focused companies as a basket.
Ripple Signed With YouTube
Ripple sued YouTube last April for social media platforms impersonating CEO Garlinghouse. According to current developments, it was reported that Youtube and Ripple parties reached an agreement.
Ethereum 2.0 Staking Amount Increasing Rapidly
Ethereum 2.0 stake, Twitter account Eth2Validators, who analyzed data on Ethereum 2.0 staking, stated that 3% of Ethereum's circulating supply is now included in 2.0 staking. The staking amount reaching 3,442,946 Ethereum now includes one out of every 33 Ethereum.
Whale Accounts' Demand for Bitcoin Is Increasing
According to data transferred by data analysis platform Materail Indicators, BTC buy orders of $ 100,000 and above in the exchanges reached an all-time high. Thus, it was observed that whale accounts and institutional investors increased their Bitcoin purchases.
The US Government to Sell Bitcoin
The U.S. General Services Administration is putting 0.7501 Bitcoin in an auction. It is not known by which department and how the Bitcoin to be sold was captured.
AVAX Announces Its Goals for the Second Quarter
According to Avalanche's statements, in the second quarter of the year, AVAX will be supported by the world's most downloaded cryptocurrency wallets and will reach tens of millions of new users. On the other hand, Avalanche team stated that AVAX will also strengthen in the corporate market.
Ripple - MoneyGram Partnership Officially Ended
Ripple CEO Garlinghouse announced in his statement that Ripple's partnership with MoneyGram is over. When the cooperation in 2019 came to a stalemate following the SEC case, MoneyGram recently took a step back on Ripple.
Ripple's CEO states the company doesn't have to stay in the US
Ripple's CEO Garlinghouse, who was a guest on a foreign television show, stated that the only country that claims XRP is a security is the United States and that it can move its headquarters to another country if necessary.
Iran Seeks Assistance From Parliament For Cryptocurrencies
The Iranian Securities and Exchange Commission argued that the widespread use of cryptocurrencies has negatively affected the Iranian economy by reducing the amount of foreign exchange in the country. Calling the parliament, the head of the commission stated that it is necessary to find a formula to reduce the use of cryptocurrencies.
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