According to a report released this week, looking at the data for the first half of the year, it was announced that institutional investors, including hedge funds, trust funds and companies, thought that ETH could be as effective as BTC in the long run and added ETH for the first time or more to their portfolios.
Massive Government Spending Accelerates Cryptocurrency Adoption
US Senator Cynthia Lummis said that inflation and massive government spending are accelerating the adoption of digital assets. “We want to make sure that Bitcoin can continue to serve as a good store of value,” Lummis said. she said and stated that she saw Bitcoin in this way.
Bitcoin and Ethereum Hash Rate Rebound Started
The hash rate securing Bitcoin and Ethereum is slowly recovering as some Chinese miners complete their relocations. Shenzhen-based BIT Mining said it has distributed Bitcoin and Ethereum mining equipment outside of China.
Cryptocurrency Service from State Street
State Street, an American financial services company operating worldwide, will provide cryptocurrency reporting, settlement and processing services to private fund clients.
PayPal to Offer Cryptocurrency Service to British Customers
While global payment platform PayPal plans to provide cryptocurrency trading services for its customers in the UK, it has been suggested that DeFi integration may be in the application.
MicroStrateji Is Satisfied With Its Digital Asset Investments
In its second quarter earnings announcement on Thursday, MicroStrateji stated that it is satisfied with its digital asset investment strategy and will continue to invest in digital assets (BTC).
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.