According to a local outlet, the Indian government will not wholly ban cryptocurrency and instead regulate the sector.
Majority of Shiba Inu (SHIB) Holders Remain In Profit Despite the Downtrend
Data from IntoTheBlock shows that most of those invested in the dog-themed coin is still in profit. A good number of Shiba Inu holders had been invested in the project before it had begun its bull run. Therefore, most investors are profitable in their investments.
The Payment Company Square Changes Brand Name To "Block Inc."
Two days later, after Jack Dorsey's resignation announcement on Monday, Dorsey's payment company, Square Inc., declared that the brand name was changed to Block Inc. with its dynamics. The company announced the Block name has 'many relations,' including 'blockchain.'
SEC Rejects WisdomTree's Spot Bitcoin ETF Application
The United States Securities and Exchange Commission, or SEC, has not officially approved asset manager WisdomTree's spot Bitcoin (BTC) exchange-traded fund (ETF) after postponing a decision several times this year.
Healthcare Services Firm Adds Nearly $1.5 Million Worth of $SHIB to the Balance Sheet
A Canadian healthcare service firm called Ask The Doctor has added nearly $1.5 million worth of Shiba Inu ($SHIB). Ask The Doctor clarified it will be adding Shiba Inu payments due to “the high number of requests” from the SHIBArmy.
Goldman Sachs and Other Wall Street Banks Are Exploring Bitcoin-Backed Loans
CoinDesk reports that Goldman Sachs and several other Wall Street banks are exploring ways to issue corporate cash loans with Bitcoin as collateral. The report cited three people familiar with the plans of a group of world-class US banking institutions interested in the activity.
New Study Says Ethereum May Become a Better Inflation Hedge Over Bitcoin
Ethereum is the second-largest cryptocurrency by market capitalization and outperformed Bitcoin yearly. The digital asset does not yet command the respect that bitcoin does, but a new study shows that this will soon change. According to the findings, Ethereum may outperform Bitcoin as a better inflation hedge.
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.