FTX may buy the biggest BTC beneficiaries, and BTC stabilization may be the calm before the storm

FTX BTC exchange may buy the biggest BTC beneficiaries

The CEO of the FTX crypto exchange announced that he could buy the American giants of the conservative financial market as soon as he overtakes competitors like Coinbase and Binance. The head of the Bankman-Freed platform said this in his last interview.

“If we are the largest exchange, [the purchase of Goldman Sachs and CME Group] is not ruled out at all,” he said.

Earlier, FTX reported raising about $1 billion. It was expected that with these investments, the project’s estimate would rise to $20 billion.

Glassnode: “BTC rate stabilization is the calm before the storm”

The price of the main cryptocurrency has been in the range between $30,000 and $35,000 for several weeks now. Glassnode experts have announced the reasons that can push the price of BTC up.

Analysts believe that after the movement of miners from the China abroad, the hashrate of the BTC network began to recover. After the recent peak hashrate decline of 55% from the maximum, this figure has grown by 39%.

Analysts believe that the overall market sentiment may depend on the rate of recovery of the computing power of the BTC network. It will take the pressure off the sellers of mining equipment.

ECB approves transition to the research stage of digital euro

The initiative became relevant about two years ago. And at the end of 2020, the ECB published a report on this topic. In November, its chairman, Christine Lagarde, said that the digital euro could appear in four years.

“It has been nine months since we published our report on a digital euro. In that time, we have carried out further analysis, sought input from citizens and professionals, and conducted some experiments, with encouraging results. All of this has led us to decide to move up a gear and start the digital euro project,” Lagarde said.

The regulator believes that the digital euro will help in the fight against illegal activity and will not create an undesirable impact on financial stability and monetary policy. CBDC will complement, but not replace, cash.