After the volatility created by the latest algorithmically supported attack on stablecoin (UST), Fabio Panetta of the ECB said he believed CBDCs would fix it. According to Panetta, the ECB is working on a preparatory phase to launch the Digital Euro. This phase will be completed in late 2023 and will allow it to test over the next 3 years.
Whale Buys 376 Billion Shibs!
Shiba Inu, one of the largest meme tokens, has returned to its place among the top 10 most traded tokens, according to a recent tweet from the WhaleStats cryptocurrency tracking platform. However, another major investor in the Ethereum blockchain purchased about 380 billion SHIBs.
Spotify Has an NFT Test!
Trying to bring in features that would allow artists to promote NFTs, Spotify reported that its new functionality was limited to “a very small group of artists." For this trial phase, the company targets several distinguished users based in the United States.
The Fear and Greed Index is at its Lowest Level since March 2020!
Although Bitcoin covers more than $30,000 a week, the "Fear and Greed Index", which analyzes the current sensitivity of the Bitcoin market, has declined to its 8th level in March 2020.
Cryptocurrency Comment by Garry Gensler!
In a speech Tuesday, the SEC President Gary Gensler reiterated his intention to bring cryptocurrency exchanges and lending platforms into the regulatory area, warning that US citizens are diverting savings to “speculative crypto assets” and that the market needs investor protection.
China is Top 2. Bitcoin Mining Center!
China still hosts 21% of the total global Bitcoin hash rate, even after last year's local government banned all cryptocurrency operations. However, China, which had a BTC hash rate of more than 75% in 2019, was still the second largest Bitcoin hash rate provider by January 2022, according to a new report.
Bitcoin Comment by former FED Chairman Ben Bernanke!
Stating that Bitcoin is mostly used in underground activities, Bernanke stated that the recent decline has shown the disadvantage of experiencing continuous value change, so Bitcoin cannot be an alternative to any nominal money.
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.