Nasdaq-listed company MicroStrategy sees "evidence of far more institutional adoption" of Bitcoin. The firm cited several reasons, including "conditions and currency volatility" in Turkey, South America and Africa. “All of this has increased institutional awareness about Bitcoin.”
Data Shows Over $4.5 Billion Worth Ether Has Already Been Burned
Ethereum, the second largest cryptocurrency by market capitalization, has burned over $4.5 billion in ETH since the implementation of Ethereum Improvement Proposal (EIP) 1559 via the London hard fork on August 5. According to the data, 1.747 million Ether worth a total of $4.58 billion have been burned since August. An average of $800,000 worth of 307 ETH per hour and $32 million worth of Ether per day were burned.
Bitcoin (BTC) Is Part of the Path to “Financial Heaven”, Says ‘Rich Dad’ Author Robert Kiyosaki
Robert Kiyosaki, the highly successful author of the "Rich Dad Poor Dad" series of personal finance books, has suggested that the flagship cryptocurrency Bitcoin is part of the path to "financial heaven" along with the precious metals gold and silver.
MicroStrategy CEO: "Meta Must Adopt Bitcoin"
Meta recently announced that they are moving away from the cryptocurrency space. In a recent interview, Saylor responded to this decision, saying, "It was not their problem to enter the crypto space(…), they could present an attractive proposition to billions of people if they were to adopt Bitcoin and incorporate it into their product. I think it would be worth hundreds of billions, if not trillions, of dollars for the commodity.”
Russia Advances On Efforts To Regulate Bitcoin
Efforts to welcome Bitcoin in Russia with clear regulation keep growing with the Ministry of Finance and the Chamber of Commerce and Industry being the latest two entities voicing their suggestions despite the central bank’s continued hard line.
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