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
https://bitcoinmagazine.com/articles/massmutual-buys-100-million-worth-of-bitcoin
2. New Stablecoin with Euro from German Bank
Bankhaus von der Heydt issues new stablecoin pegged with Euro, based on Stellar network
https://cointelegraph.com/news/euro-stablecoin-launched-on-stellar-by-one-of-europe-s-oldest-banks
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
https://news.bitcoin.com/microstrategy-plans-a-400-million-capital-raise-to-buy-more-bitcoin/
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
