Someone familiar with the situation stated that the cost was below the $250 million that was spent on acquiring the custody firm Metaco back in May.
The prominent NFT project is on the verge of parting with a significant portion of its treasury as disillusioned investors prepare to make their exit.
Michael Barr, the head of the central bank's regulatory division, emphasized that the Federal Reserve is currently in the preliminary research stage and would require official legislation from Congress to formalize any action.
Should you invest in bitcoin?
You can easily trade bitcoin for cash or assets like gold instantly with incredibly low fees. The high liquidity associated with bitcoin makes it a great investment vessel if you’re looking for short-term profit. Digital currencies may also be a long-term investment due to their high market demand. Lower inflation risk.
Well, despite its highly volatile price action, Bitcoin has been receiving a lot of attention from the investor community leading crypto experts to conclude that the digital currency is still worth buying in 2022. The coin has also performed exemplarily well in the past, having appreciated by more than 100%+ in the year to date.
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