According to digital asset fund manager CoinShares, crypto investment products saw record inflows of $1.47 billion last week, with Bitcoin accounting for 99% of inflows. The total crypto assets under management also reached a new peak with $79.2 billion.
US SEC Could Gain Authority Over Stablecoins
A forthcoming report from the U.S. Treasury and other regulators could give the SEC new authority over stablecoins. Under the continuing regulations, stablecoins could face some of the same rules that bank deposits currently face. The SEC has suggested that stablecoins carry risks despite their goal of maintaining a price peg.
Mastercard Will Enable Merchants on Its Network to Offer Crypto Products and Services
Payment giant Mastercard has formed a partnership to allow its partners and merchants in the United States to provide cryptocurrency solutions, including buying, selling, and holding cryptocurrencies.
The Public Pension Fund Plans to Invest in Bitcoin-related Products
One of the largest pension funds in South Korea, the $40,000,000,000 Korea Teachers Loan Fund (KTCU), plans to invest in various Bitcoin (BTC) exchange-traded funds (ETFs).
Shiba Inu Transaction Volume Exceeds Ethereum Transaction Volume
According to the Watcher Guru, in the last 24-hour period, SHIB trading volume has surpassed Ethereum. The coin's trading volume has exploded along with interest in it and its price, which has recently reached an all-time high.
American Express CEO Says He Sees Crypto as Gold
Stephen Squeri, American Express CEO, said during his appearance at Yahoo Finance that he considers crypto to be a gold-like asset class.
Data Suggests Latest Bitcoin Correction Was Driven By Short-Term Holders
CryptoQuant, on-chain data indicated that sales from short-term holders may be the driving force behind the recent correction.
Tesla May Start Accepting Bitcoin Again
In its latest application to the Securities and Exchange Commission, Tesla, the largest manufacturer of electric vehicles, stated that they do not sell Bitcoins and may start accepting them again for payments.
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.