Evening Fed minutes will be announced and the Jackson Hole Symposium begins tomorrow. Powell will speak on Friday. It is an eventful week on the macroeconomic front and the messages to be given are extremely important. There have been some important developments in the last few hours. Now let’s take a look at the current situation in light of recent developments.
Important Developments of the Day
The National Bitcoin Office of El Salvador (ONBTC) will provide Bitcoin certification training for 80,000 employees. The 160-hour virtual training will be about Bitcoin and its use as legal tender. Concepts, laws, skills, management, and others. There are 7 modules in total. A Prize Pool Worth 21 Million TL Awaits You from BinanceTR! Participating and winning has never been easier.. You can sign up to BinanceTR from this link. Get your first crypto!
ONBTC director Stacy Herbert said the following on this matter;
“These education projects are in the hands of El Salvador and Bitcoin (and technology) policy are commitments with very low time horizons for its long-term success”.
Mt. Gox Continues Refunds
The 10-year adventure is now coming to an end. The first major transaction took place for the first time since the end of July. 12,000 BTC was moved and authorities confirmed that it was related to customer refunds. The board of trustees has $2 billion BTC remained and it can be said that the huge supply burden has almost been reduced to zero. If Silkroad assets are not sold simultaneously, we may not see a big shock even if MTGOX sells all its remaining assets.
Moreover, it is known that most of the refunds were made during this process. The size of the assets of users who could not get a refund or did not complete the necessary processes to get one is unknown. The last remaining balance will be attributed to this possibility.
Trump and Elon Musk
Trump makes great promises with his dream of becoming the president of crypto investors Elon Musk is no longer interested in crypto. The fact that the duo did not mention crypto on their latest Spaces broadcast was also disappointing for investors. But Trump has said he could add Elon Musk to his cabinet if elected.
Last week’s Space broadcast was delayed by 30 minutes due to a massive DDOS attack. Elon Musk “As this massive attack has shown, there is a lot of opposition to people hearing what President Trump has to say,” he said. So he strongly supports Trump.
Bitcoin price While the US markets opened positively at the time of writing, it fell back to $59,000.
Disclaimer: The information contained in this article does not contain investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
