Litecoin futures open interest reached $ 585 million, revealing that institutional investors like Grayscale and Bitwise are interested in Litecoin. Although futures contracts cannot be definitely interpreted positively, increased interest may result in larger investments.
DeFi Article Published at Fed Branch
A branch of the US Federal Reserve, St. An article about DeFi and blockchain, the decentralized financial industry, was published on the Louis Federal Reserve's website. The article stated that although the DeFi sector still carries certain risks, it has a sound and transparent financial infrastructure.
France Calls for Regulation
Robert Ophèle, president of AMF, France's financial regulatory body, proposed an approach to cryptocurrency regulation to stimulate the growth and development of innovative projects.
US Former OCC President Think Ripple Can Set Up SEC
Brian Brooks, former head of the U.S. Money Control Office (OCC), said he believes positive regulations will be imposed on cryptocurrencies and that the parties will agree to the case between the SEC and Ripple. As for whether XRP will be declared a security, he declined to answer.
Can Apple Buy Bitcoin?
Tesla announced that he bought $ 1.5 billion worth of Bitcoin the other day. Some names in the industry think that the next company will be Apple. The $ 2.2 trillion Apple company has $ 200 billion in cash assets, which means it can buy 25% of the Bitcoins in circulation.
Miami Municipality Holds Meeting for BTC Purchases
Miami Mayor Francis Suarez, known for his positive attitude to Bitcoin, announced on February 11 that he will hold a meeting to add Bitcoin to the Miami City balance sheet. In the announcement, it was stated that Elon Musk's BTC purchase helped a lot to organize this meeting.
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