US-based software company MicroStrategy announced that it received 314 BTC worth $ 10 million. With the increase in Bitcoin prices in the purchase he made on Friday, he has already made a profit of 500 thousand dollars. With this move, MicroStrategy increased the number of BTC in its possession to 70,784.
US Support Package on the Way
The $ 1.9 trillion financial support package, which is expected to be launched under Joe Biden's proposal, is expected to be implemented in early February. Under the package, US citizens will receive $ 1,400 in aid. In addition, there are days left for the package, which includes unemployment benefits.
Ethereum Refreshes Record Again
Looking at the data released by Bloqport, addresses holding 0.1 or more ETH and addresses holding 10 or more ETH also broke the all-time record. This amount withdrawn from the exchanges points to a liquidity crisis for Ethereum.
Paid the University Fee with the Bitcoins
Investor Nikki Beesetti reported that he paid his tuition fee by selling the Bitcoins he bought in 2017 for $ 19,000. Now the investor, who allocates 20% of his assets to crypto money investors, emphasized his endless trust in Bitcoin.
Bitcoin's Similarity to Gold Increases
In the report published by the credit rating agency Standard & Poors, it was said that BTC has many similarities with gold. They are most similar with their features that can protect them from inflation. On the other hand, as the demand for Bitcoin increases, the fear of "stealing Bitcoin" disappears.
VanEck Reapplies to SEC for ETF
US New York state-based fund management firm VanEck has again applied to the US Stock Exchange Commission (SEC) for listing. It is curious what decision will be made by the SEC, which does not lean towards Bitcoin-based exchange traded funds (ETFs).
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