The court has granted Ripple access to the US SEC's documents about whether Ripple's XRP tokens are similar to other cryptocurrencies like Bitcoin and Ether. Ripple will try to prove its justification by comparing XRP with ETH and BTC.
Grayscale Adds LINK to Its Digital Large Cap Fund
Grayscale Investments has added Chainlink to its Digital Large Cap Fund. This development will trigger an increase in the Chainlink demand in the following days and bring it closer to the institutional investors. Chainlink will fill the gap to be formed in the fund after XRP's removal.
Cryptocurrencies Outperform US Banks
The cryptocurrency market has reached a major turning point, surpassing the value of publicly traded American banks. According to Bianco Research, the cryptocurrency market has exceeded the value of the S&P Composite 1500 Bank index, which shows the performance of banking institutions in the US.
USDT Will Be Produced on Polkadot and Kusama Networks
In a recent announcement, Tether has stated that it will use Polkadot and Kusama networks for USDT production. Currently operating in networks such as ETH and EOS, Tether has not given a date for when it will start to use the new network.
AVAX Announces Its Own Game Platform
AVAX has announced its new game Avaxtars which runs on its own blockchain. The characters in the game are made up of NFTs and users spend AVAX for the characters. At the same time, unique characters are traded with AVAX.
Bitcoin Futures Premiums Rising
While Bitcoin maintained its course in a narrow band between $56,000 and $60,000 last week, investors continued to take high risks. Annualized futures premium rate is between 22% and 25% in derivatives exchanges.
BTC Developers Toss a Coin
When Bitcoin developers could not decide on Taproot's details, they tossed a coin on the Bitcoin blockchain. As a result of the coin toss, it was decided that the activation timeline of Taproot would be measured by using the median time instead of the block height.
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.