News of the Week (7 – 14 December)
Dec, 2020

News of the Week (7 – 14 December)

1. MassMutual Purchases $100 Million in Bitcoin

Another large purchase from institutional investor, which will create new data in the market


2. New Stablecoin with Euro from German Bank

Bankhaus von der Heydt issues new stablecoin pegged with Euro, based on Stellar network


3. MicroStrategy is Thinking to Raise Money for Buying More Bitcoins

Another $400 Million in Bitcoins will be bought from MicroStrategy, which want to raise another funding round for this scope


4. Mike Novogratz Holds the 50 % of its Net Worth in Cryptocurrencies

Even though he is a strong believer of crypto philosophy, he advises investors to hold only 5 % of their portfolios in cryptos