Off-chain data approved in collaboration with Mogul and Chainlink; It will allow Mogul to be added to its smart contracts and create an ecosystem that accurately measures costs such as film and production. Thus, this new platform will realize data integration with the real world.
Morgan Stanley Considerations To Launch Bitcoin Fund
Morgan Stanley, one of the largest banks in the USA, is considering investing in Bitcoin with a portion of the $ 150 billion fund. According to Bloomberg's report, the bank's Counterpoint Global unit is investigating whether it is appropriate to set up a cryptocurrency fund for investors.
BTC Miners Earn Record Profits in One Hour
Bitcoin miners made a total of $ 4 million in one hour, and this value has never been higher in a one-hour period. Part of this gain, which took place in the evening hours of February 11, is also due to transaction fees. Last week, while the transaction fees were $ 11 on average, it increased to $ 25 after the intensity after Tesla's purchase of BTC.
JPMorgan Could Enter Bitcoin Market In The Future
Daniel Pinto, co-chairman of JPMorgan Chase, one of the world's largest banks, stated that in line with the demand for Bitcoin, JPMorgan could also enter the Bitcoin market in the future. Stating that there is no big demand for now, Pinto stated that this will change over time and the customer demand will increase.
Jack Dorsey and Jay Z Build Bitcoin Fund
Twitter's founder Jack Dorsey and Musician Jay Z are setting up a donation fund with 500 Bitcoins worth $ 23 million to support Bitcoin work in Africa and India. Dorsey donated $ 1 million this week to an institution that educates regulators about Cryptocurrencies.
New York Mayor Candidate: I'll Make New York a Bitcoin Hub
One of the election promises of Andrew Yang, presidential candidate in New York, the world's financial center, was to make New York the center of cryptocurrencies. According to the Fontas Advisors and Core Decision Analytics poll, Yang is likely to get the majority of the votes and be elected president.
Tesla's billionaire CEO Musk attracted attention with his surprising response to DOGE owners via Twitter. In his post, Musk stated that if the Dogecoin owner large accounts sell their DOGE assets, he will support cryptocurrency by paying real money.
SEC Member Comments Possible Regulations
Hester Peirce, member of the US Securities and Exchange Commission (SEC); Tesla stated that the interest of large companies like Mastercard in cryptocurrencies indicates that the market needs crypto regulations. While Peirce looked very favorably on crypto assets, he argued that there should be clear rules that allow this market to thrive without the risk of breaking the law.
Turkey's Cryptocurrency Curiosity Increasing
Searches for "what is cryptocurrency" and "cryptocurrency market" made on Google broke the all-time record and the search record for 2017 was surpassed. So Google Trends data, was one of the best indicators of the growing interest in the crypto-currency in Turkey.
NFTs Can Be Produced on Ripple Labs
XRP Labs team announced that XRP Ledger can host many different tokens, including NFT. Ripple has previously announced that the platform is also suitable for Central Banks' digital currencies. Now, it is working to realize Ripple Ledger-based productions instead of Ethereum-based NFTs.
Demand for Bitcoin Mining Is Rising
Intense mining activities following the Bitcoin records are also increasing the interest of new miners in the market. CEO of Canaan, one of the largest mining companies in the world, stated that after the news of Elon Musk, corporate companies also started mining. The demand for mining equipment is higher than ever.
Mark Cuban Thinks Ethereum Is a Better Choice
Billionaire Mark Cuban, owner of the Dallas Mavericks, stated in an interview that countries can sell a certain percentage of their gold reserves and buy BTC and ETH instead. On the other hand, Cuban emphasized that Ethereum is more advantageous than Bitcoin and emphasized that Ethereum's existing smart contracts pose a huge threat to banks.
Elon Musk responded to the comments written under his tweets for Dogecoin and stated that if he issued his own coin one day, his name would be "MarsCoin". Then, a coin named Marscoin, which was produced in 2013 and did not have any activity, increased by over 500%.
A New Bitcoin ETF Approved in Canada
Canadian regulators have approved a Bitcoin ETF application filed by Evolve Funds Group. Called EBIT, the fund will offer institutional investors an alternative way to access Bitcoin. Thus, this became the second Bitcoin ETF approved in Canada.
Russia Is Making Taxation Preparations for Cryptocurrencies
In Russia, lawmakers have submitted a new bill to the parliament to tax cryptocurrencies. According to the statement made on the official website of the Russian Federation, the Government of the Russian Federation wants a strict and explicit legal regulation requirement regarding the taxation of cryptocurrencies.
Buying $ 600 Million of Bitcoin from MicroStrategy
The world-famous company MicroStrategy announced that it will sell $ 600 million worth of bonds to increase Bitcoin investments. The company sold $ 400 million worth of bonds to buy Bitcoin in December. After this development, Bitcoin surpassed $ 50 thousand and showed a rapid rise.
13% of Passengers Pay with BTC
British airline PrivateFly announced that it earns 19% of its annual revenue from Bitcoin. According to the company's statements, 13% of the flight payments in January were made in Bitcoin. The most striking thing was that the company kept the Bitcoin paid in the fund instead of converting it into cash.
Increasing Interest of Mexican Companies in Bitcoin
According to the news of El Economista, PwC's Senior Partner, Mauricio 22Hurtado, announced that after Tesla's purchase of $ 1.5 billion in Bitcoin, Mexican companies' interest in Bitcoin increased rapidly, and many corporate companies invested in BTC to prevent competition.
Ripple and SEC "Not Yet" Reach
Although the first hearing of 2 was on February 22, the announcement made a week before the trial announced that no agreement has been made between the parties yet. One of the highlights in this joint statement to the federal court was the failure to reach an agreement with the old SEC administration, not the new one.
As Bitcoin broke a record at over $ 50,000, the largest cryptocurrency reached its all-time high in gold. Thus, with one ounce of gold, only 0.0342 BTC can now be bought.
30 Million XRP Sold By Ripple
In the transfers examined by Whale Alert, it turned out that 30 million XRP was transferred from Ripple wallets to exchanges. Some of the transactions were followed by Ripple co-founder Chris Larsen. The total value of the transfers exceeds $ 16 million.
Deputy Minister Made a Statement on CBRT's Digital Currency
Deputy Minister of Transport and Infrastructure Dr. Ömer Fatih Sayan spoke about cryptocurrencies and regulations at an event he attended. In the statements made, it was stated that it grows at an average of 12% every year. In addition, because in Turkey's development plan based digital blockcha the decision of the Central Bank because it takes place, and it continues to work for removal of money was mentioned.
JP Morgan Interprets Bitcoin Record
Analysts of JP Morgan, one of the largest banks in the USA, stated that Bitcoin could not hold above the $ 50,000 level. In the report published by analysts, it was stated that retail investors rather than institutional investors fuel the price of Bitcoin.
Bitcoin Is a Gold Rival, Not a Dollar, According to Bullard
James Bullard, President of the Federal Reserve Bank in the US, made statements about Bitcoin and gold in a program he attended on CNBC. Bullard advised that if you want to understand and think about Bitcoin, compare it with gold and "I would classify it as a gold rival and interpret it accordingly." he added.
Facebook-Backed Cryptocurrency Project Coming Out Soon
Libra, a Facebook-led cryptocurrency project and rebranded as Diem, is expected to emerge at the end of this quarter. According to the statement made by Fireblocks and First, both companies are Diem's; It will enable it to be connected to financial services organizations such as banks, exchanges, payment service companies and e-wallets.
Ethereum's Market Cap Exceeds $ 200 Billion
Ethereum; In the ranking of assets according to their market value, it has moved itself higher with its market value exceeding $ 200 billion. In this way, Ethereum, which ranked forty-third, has an average daily transaction volume of $ 35 billion.
Ethereum, the second largest cryptocurrency in terms of market value, rose to $ 1930, breaking the record again. Asset management company Graycale has purchased more than twenty thousand Ethereum in the past twenty-four hours. Recent Ethereum purchases at Grayscale surpassed Bitcoin purchases. On the other hand, ETH futures saw $ 75 million daily.
SEC Goes To Change Regarding Ripple Case
Ripple's legal counsel, Stuart Alderoty, said in a statement on Twitter that the SEC is amending the Ripple charges. Aderoty explained that there is only one legal claim left, and whether it is only certain distributions of XRP an investment contract.
Integrated with the World's First CBDC Mastercard
The Bahamas has been the country that introduced the first Central Bank digital currency in recent months. The country has integrated its digital currency called "sand dollar" with Mastercard, so payments can be made in sand dollars wherever Mastercard is accepted as a payment system.
MicroStrategy Raises Bitcoin Buying to $ 900 Million
MicroStrategy, the business intelligence company, announced that it will invest in Bitcoin with $ 600 million in revenue by selling the bonds in its hands and announced that it will increase its investment to $ 900 million.
RippleX Vice President: Working With Central Banks
RippleX Vice President James Wallis stated that they are negotiating with Central Banks for the XRP partnership, after Ripple CTO recently announced that they were working on XRP-based applications.
It Is Possible To Pay Tax In Switzerland With BTC and ETH
The Swiss Confederation has announced that the Zug canton will accept Bitcoin and Ethereum for tax payments. Citizens will be able to pay by scanning the QR code from their cryptocurrency wallets. Later, these payments will be converted into Swiss francs with the contracted intermediary company and accepted as tax payments.
New Exclusion News From XRP
A cryptocurrency exchange with a total volume of over $ 1 billion has announced that it will stop XRP transactions. According to the statements made by the General Manager of the Exchange, it was stated that due to the risks involved in the lawsuit between Ripple and SEC, the path will be followed according to the outcome of the lawsuit.