Ethereum represents only 13% of the market volume in crypto investment products. However, last week there was a record capital flow to $ 160 million Ethereum. Despite having a 62% share of the market volume, it constituted only 37% of entries.
Generation Y Prefer Bitcoin Over Gold
According to a survey conducted by a financial consultancy company, 67% of people between the ages of 25-40 who participated in the survey see Bitcoin as safer than gold.
Grayscale Receives $ 270 million Bitcoin in 7 Days
Grayscale bought $ 270 million worth of Bitcoin in the last 7 days, increasing the number of assets it manages to $ 13 billion. The assets they have managed since the beginning of the year have increased by 465%.
Ripple Released Its First Project
Ripple, which has a valuation of over $ 10 billion, has implemented its first project, RippleX, based on its own developer platform XRP Ledger. With this project, a bridge was established between Java applications and XRP Ledger. With this development, it is aimed to pave the way for new projects and developments in the network.
Sold for $ 777K in a Single NFT Auction
Nifty Gateway, the non-tradable token (NFT) marketplace, hosted an auction where a single NFT artwork was sold for $ 777,777 as the bid made in the last second doubled the price. Artworks are also transferred to digital platforms and stepped into blockchain technology.
Banca Generali is preparing to offer cryptocurrency service in 2021
The Italian bank, which cooperated with a company that offers e-wallet service, stated that it has made this attempt to open this service to its own customers. It is also among the statements that the bank will receive a share of $ 14 million from the company providing the service, in order to continue the growth of the company.
Bitcoin Explained by New Senator
Cynthia Lummis, who will serve as the Republican Senator from 2021, said in a podcast she attended that she sees Bitcoin as a store of value. Lummis is expected to play a role in the introduction of Bitcoin to the American Senate in the coming period.
Leading Exchange Clients Stake Over 160K Ethereum
According to Ethereum 2.0 data, it represents a notable increase from 100,000 units in Ethereum 2.0 that the firm's customers owned on December 8. A 60% increase was seen in just one week. 163,712 ETH worth roughly $ 95 million at average prices.
A Fidelity Investments-Backed Exchange to Run Licensed in Hong Kong
With the license issued by the Hong Kong Securities and Futures Commission, the relevant exchange will be able to allow trading in digital assets. Initially, major cryptocurrencies such as BTC and ETH are expected to open.
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