Important news at the second week of March 2021;
Ripple Won the Tetragon Case: Ripple achieved a legal victory over Tetragon, which sued the company after the decision of the US Securities and Exchange Commission (SEC). Tetragon purchased shares in Ripple under the contract it signed with Ripple in 2019.
US Incentive Package Passed the Senate: The 1.9 trillion dollar package bill, another of the aid payments given by the US during the pandemic process, was approved by the votes of the senate members. It will be evaluated by parliament as a final phase on Tuesday, and then distributed to US citizens, signed by President Joe Biden.
Bitcoin and Ethereum Investment from a Chinese Company: Meitu, a Chinese technology company, announced that it has received $ 22.1 million worth of ETH and $ 17.9 million worth of BTC. It has been announced that the company can buy up to $ 100 million in cryptocurrency under the investment plan.
Institutional Investors' Interest in Ethereum Increases: Galaxy Digital has set up two Ethereum funds this year. These two funds, one registered in Delaware and the other in the Cayman Islands, attracted a high level of interest from institutional investors and received a total investment of $ 32.1 million.
Update on Ethereum Miner Fees are on the Way: Ethereum Improvement Proposal (EIP) 1559 will be included in the code base in July of this year. Thus, miner fees will be determined algorithmically, making it easier for users to pay a fair fee.
Heavy Transfers Observed In BTC According to the Whale Alert: a Bitcoin transfer of $ 1.45 billion was made within 24 hours on March 5. Although it is not known by whom the transfers were carried out, there were transfers in which 13 thousand BTC worth 700 million dollars were sent at once.
PayPal Acquires Crypto Security Firm Curv: PayPal's purchase of Curv is part of the company's larger crypto ambitions, which include working with central banks on digital currency.
PLEASE CONSIDER! These are all my personal expectations, ideas or opinions and they are not an investment advice.
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