JP Morgan, one of the largest banking institutions in the world that fired its employees because of their interest in Bitcoin in 2017, announced that Bitcoin has a higher potential to rise compared to gold. It was also mentioned that there are many advantages to investing in Bitcoin long term.
Ripple's New Headquarters Announced
Ripple CEO Brad Garlinhouse said he could shift his center to Japan, Singapore, and the UK due to regulations in the US. Garlinghouse said London could soon become the firm's new headquarters, as the Financial Conduct Authority (FCA) does not view XRP as a security.
10% of Bitcoin Supply Has Been Inactive in Wallets for 10 Years
According to Glassnode, who provides data in cryptocurrency analysis, 1.8 million of the total supply of 18.5 million in this ten-year period were kept at passive Bitcoin addresses. A significant portion of this amount may belong to Satoshi Nakamoto, Bitcoin's anonymous creator, who disappeared in 2011.
CFTC Releases Guide on Virtual Currencies
The US Commodity Futures Trading Commission (CFTC) has published a text of recommendation to guide futures commission traders on holding the virtual currency. The guide published by the CFTC provides guidance on how to hold and report certain virtual currencies deposited from customers in connection with futures contracts or exchanges physically delivered to FCMs.
We support the Turkish sports and our sportspeople via our sponsorships agreements with 1907 Fenerbahçe Wheelchair Basketball Team, Cem Bölükbaşı, Erden Eruç, 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.