Goldman Sachs, the giants on Wall Street, started putting Bitcoin on the weekly rankings of global asset returns at the end of January. The world’s largest cryptocurrency beat everyone else to quietly appeared at the top of this chart.
Meitu, a Chinese beauty photo-editing app, announced it bought BTC and ETH worth $ 40 million.
After the past negative developments, India could turn its attention to cryptocurrencies once again. According to Finance Minister Nirmala Sitharaman, the country can count on the possibility of moving from a complete ban to testing cryptocurrencies in the market.
Despite the price of Bitcoin moving around the $ 50,000 mark and falling to 8.7% over the past 24 hours, currently trading at $ 47,000, a host of analysts and commentators have made positive comments to towards a bright future for Bitcoin, when it is predicted that the price of Bitcoin will increase higher and higher.
Automakers everywhere are betting big on electric cars as the world begins to promote environmentally friendly modes of transportation. Recently, Energy Web (EWT) plans to use blockchain technology to help ensure an efficient future for Volkswagen electric vehicles.
PayPal is said to be in the process of purchasing Curv, a technology company that helps to securely store cryptocurrencies. One source said that Curv could be sold for up to $ 500 million in the PayPal deal.
Gary Gensler, former CFTC chairman nominated to lead President Joe Biden’s US Securities and Exchange Commission (SEC), said on March 2 that cryptocurrencies are the raw material to drive innovation. economic development.
Investment bank Goldman Sachs has relaunched its crypto trading after a three-year pause and plans to once again support Bitcoin futures trading. Contrary to previous reports, the source said the service will resume in mid-March, not next week.
The latest mining data has shown that Bitcoin miners have shifted their direction from selling to accumulating Bitcoins in the midst of a shortage of BTC supply on exchanges today.
The strength of the dollar is weighing on Bitcoin’s price. However, international experts believe that the rise of the cryptocurrency price is only a matter of time.