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Sunday, 1 August 2021
Up to $400 billion may start flowing into Bitcoin from Germany on Monday
German institutional funds to invest up to 20% in crypto
"Spezialfonds reportedly account for about €1.8 trillion (roughly $2.1 trillion) of institutional wealth, meaning that if funds allocate the 20% allowed in the new law, more than $400 billion would likely end up in various crypto projects."
"However, according to Tim Kreutzmann, an expert on crypto at BVI, it is likely most of the funds could "initially stay well below the 20% mark", owing to various industry practices and expectations. Notably, the investment funds are available only to institutional investors like insurers and pension funds."
Just a reminder, in Germany over 257 banks charge a negative interest rate for deposits over $25k, so anywhere else to put your money is a safer bet.
Okay, done my FOMO for the week.
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Short sellers be careful 😜
Only short sellers are enough to drive the price of Bitcoin to $100K, no need new investors. :) Short selling is not the proper investment strategy.
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Bitcoin cash animal rescue - Good news about one of our cases!
Community, I hope you are all very well. First of all I wish you all a happy BCH day, the incredible things we have been able to achieve thanks to this great crypto and community. Today I come with very good news about our latest case as Bitcoin cash animal rescue, which you can find here in my profile. This little dog which we rescued after being run over and left on the pavement suffering from her injuries. https://reddit.com/link/oved9g/video/2s2upi6yple71/player After the first and successful operation, this little dog managed to improve his condition, unfortunately a few days later his condition was unexpectedly aggrieved, which forced us to advance his second operation, which very happy I can tell you was a total success. Few days of recovery, she is now totally free of danger and with great advances, which has allowed us to move her to the next stage, which is to get her a new home where she can be loved and have a new opportunity to have a family. https://reddit.com/link/oved9g/video/dw0cx4jwple71/player https://reddit.com/link/oved9g/video/wbgvh580qle71/player We have managed to pay part of the necessary expenses in this case, leaving a remaining approximately 1BCH to be paid, we hope to be able to pay for it soon with your help. We continue to achieve incredible things with Bitcoin cash, I hope the next report on this case is giving the news that we have found a new home for this dog. You can support us through our official fundraising campaign or through our official wallet. https://tipb.ch/Bitcoincashanimalrescue We thank everyone for their support because without your help, none of this would be possible [link] [comments] |
source https://www.reddit.com/r/btc/comments/oved9g/bitcoin_cash_animal_rescue_good_news_about_one_of/
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