Grayscale, one of the largest crypto investment companies, has added 5 new cryptocurrency purchase contracts among its products. With this development, products including Basic Attention Token (BAT) and Chainlink (LINK) will be able to be purchased under Grayscale contracts.
FOMC Expects Fixed Interest against Increasing Inflation in 2021
As a result of the US Central Bank Monetary Policy meeting held yesterday, while the interest rates were kept constant, it was seen in the projection that the inflation will be 2.4% in 2021, whereas the interest rates will remain in the current range of 0.00-0.25 points including 2023. Powell's emphasis on the economy's uncertainty in the long term was also one of the important topics of yesterday.
BTC and ETH Purchase from Chinese Company
Chinese technology company Meitu announced that it has made another $50 million investment in Ethereum and Bitcoin. With this investment, the company has invested a total of $90 million in cryptocurrency this month.
New Letter from the SEC to the Court
A new letter from the US Securities and Exchange Commission to the judge explains the reason why the SEC has requested the breakdown of Ripple founders private spending. SEC has claimed that Ripple founders used their XRP for their own private spending, and SEC holds evidence of this.
Cryptocurrency Warning from EU
The European Securities and Markets Authority published a report on the risks in financial markets on March 17. Affiliated with the European Union, the institution highlighted the risks in the unregulated cryptocurrency market and warned against the possibility of investors losing all their money.
President's OCC Nominee Greeted with Skepticism
The nominee of the American Currency Control Office (OCC) is Mehrsa Baradaran. Biden's favorite name Baradaran was not welcomed by the cryptocurrency community due to her negative statements about Bitcoin in the past.
Chinese Company Announced $155 Million Mining Budget
Chinese company ZJBC has announced that they have allocated a budget of $155 million for Bitcoin mining. The $900 million worth company will supply 2 thousand mining equipment by May despite legal challenges in China.
Parties Won't Be Involved in Ripple Case
On March 16, a law firm has requested to be a party in the lawsuit between SEC and Ripple in order to represent more than 6 thousand XRP investors. The law firm's request was denied by the judge.
Generous Investment from Stellar Foundation
A remittance platform located in Nigeria, the world's largest remittance receiver, receives an investment of 750 million dollars from the Stellar Foundation. The Nigerian platform, where cryptocurrencies are getting more and more popular, makes money transfers using the Stellar network.
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.