Tesla's billionaire CEO Musk attracted attention with his surprising response to DOGE owners via Twitter. In his post, Musk stated that if the Dogecoin owner large accounts sell their DOGE assets, he will support cryptocurrency by paying real money.
SEC Member Comments Possible Regulations
Hester Peirce, member of the US Securities and Exchange Commission (SEC); Tesla stated that the interest of large companies like Mastercard in cryptocurrencies indicates that the market needs crypto regulations. While Peirce looked very favorably on crypto assets, he argued that there should be clear rules that allow this market to thrive without the risk of breaking the law.
Turkey's Cryptocurrency Curiosity Increasing
Searches for "what is cryptocurrency" and "cryptocurrency market" made on Google broke the all-time record and the search record for 2017 was surpassed. So Google Trends data, was one of the best indicators of the growing interest in the crypto-currency in Turkey.
NFTs Can Be Produced on Ripple Labs
XRP Labs team announced that XRP Ledger can host many different tokens, including NFT. Ripple has previously announced that the platform is also suitable for Central Banks' digital currencies. Now, it is working to realize Ripple Ledger-based productions instead of Ethereum-based NFTs.
Demand for Bitcoin Mining Is Rising
Intense mining activities following the Bitcoin records are also increasing the interest of new miners in the market. CEO of Canaan, one of the largest mining companies in the world, stated that after the news of Elon Musk, corporate companies also started mining. The demand for mining equipment is higher than ever.
Mark Cuban Thinks Ethereum Is a Better Choice
Billionaire Mark Cuban, owner of the Dallas Mavericks, stated in an interview that countries can sell a certain percentage of their gold reserves and buy BTC and ETH instead. On the other hand, Cuban emphasized that Ethereum is more advantageous than Bitcoin and emphasized that Ethereum's existing smart contracts pose a huge threat to banks.
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