$ETH driven by inflows into ETFs and institutional purchases, especially during the 'Crypto Week' in the US.
- The SharpLink Gaming platform, chaired by Joseph Lubin (co-founder of Ethereum), has become the largest known corporate treasury of cryptocurrency, with over 198,000 ETH.
- The Ethereum Foundation also sold 10,000 ETH to fund research and development of the ecosystem.
- Ethereum is increasingly being viewed as a corporate store of value, similar to Bitcoin's role.
🏦 Asian and European Banking Operations
- The Asian Infrastructure Investment Bank (AIIB), led by China, was created to promote regional economic integration and infrastructure. It has 57 member countries, including Germany and Russia, and has authorized capital of $100 billion.
- The European Union, on the other hand, is seeking to reduce its dependence on the Chinese economy by adopting 'de-risking' strategies and diversifying supply chains.
- Multilateral banks such as the Asian Development Bank and the European Investment Bank play a crucial role in international cooperation and sustainable financing, aligned with the 2030 Agenda and the Paris Agreement.
#CPIWatch #BTCWhaleTracker #BTC120kVs125kToday #USCryptoWeek #MemecoinSentiment
