As Bitcoin broke a record at over $ 50,000, the largest cryptocurrency reached its all-time high in gold. Thus, with one ounce of gold, only 0.0342 BTC can now be bought.
30 Million XRP Sold By Ripple
In the transfers examined by Whale Alert, it turned out that 30 million XRP was transferred from Ripple wallets to exchanges. Some of the transactions were followed by Ripple co-founder Chris Larsen. The total value of the transfers exceeds $ 16 million.
Deputy Minister Made a Statement on CBRT's Digital Currency
Deputy Minister of Transport and Infrastructure Dr. Ömer Fatih Sayan spoke about cryptocurrencies and regulations at an event he attended. In the statements made, it was stated that it grows at an average of 12% every year. In addition, because in Turkey's development plan based digital blockcha the decision of the Central Bank because it takes place, and it continues to work for removal of money was mentioned.
JP Morgan Interprets Bitcoin Record
Analysts of JP Morgan, one of the largest banks in the USA, stated that Bitcoin could not hold above the $ 50,000 level. In the report published by analysts, it was stated that retail investors rather than institutional investors fuel the price of Bitcoin.
Bitcoin Is a Gold Rival, Not a Dollar, According to Bullard
James Bullard, President of the Federal Reserve Bank in the US, made statements about Bitcoin and gold in a program he attended on CNBC. Bullard advised that if you want to understand and think about Bitcoin, compare it with gold and "I would classify it as a gold rival and interpret it accordingly." he added.
Facebook-Backed Cryptocurrency Project Coming Out Soon
Libra, a Facebook-led cryptocurrency project and rebranded as Diem, is expected to emerge at the end of this quarter. According to the statement made by Fireblocks and First, both companies are Diem's; It will enable it to be connected to financial services organizations such as banks, exchanges, payment service companies and e-wallets.
Ethereum's Market Cap Exceeds $ 200 Billion
Ethereum; In the ranking of assets according to their market value, it has moved itself higher with its market value exceeding $ 200 billion. In this way, Ethereum, which ranked forty-third, has an average daily transaction volume of $ 35 billion.
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