Gaining more than 200% value in 2021, Ethereum’s market cap has surpassed that of huge companies such as P&G, Nestle and PayPal. Ethereum has now 21st largest market value after NVIDIA.
DCG Plans $750 Million Investment in Grayscale
Digital Currency Group, one of the investors in the digital assets and blockchain sector, plans to increase its investment in Grayscale Bitcoin Trust from $250 million to $750 million. The company will finance these purchases with the active cash it holds.
Mogo Expands Its Cryptocurrency Portfolio with ETH
Providing digital solutions to help its members control their financial health, Mogo has expanded its cryptocurrency portfolio by purchasing 146 ETH at an average price level of $2,780 as well as its previous Bitcoin investments. Mogo has made approximately $450 million investment in Ethereum.
EBay Will Accept Payment in Cryptocurrencies
EBay CEO Lannone has stated that they are working on new payment options for their customers, including the cryptocurrencies, as well as looking at ways to enter the NFT business.
S&P Lists Cryptocurrency Index
S&P has started to list Bitcoin, Ethereum and Crypto Mega Indexes. With the product which takes cryptocurrencies as reference, the investors can follow the financial world with the cryptocurrencies.
South Koreans Support 20% Tax on Crypto Gains
South Korea will introduce a new regulation which predicts to pay 20% of the profits made by digital asset trading to the government. According to a recent survey, over 53% of South Koreans support the taxation of cryptocurrencies.
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.