YOU MISSED? $MYX | Crypto Eagles on Binance Square

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YOU MISSED? 
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El Salvador has approved the Investment Banking Law, allowing investment banks to hold Bitcoin (BTC) and other digital assets, and offer crypto services to sophisticated investors. This move is positioning El Salvador as a growing hub for crypto, attracting foreign investment and institutional players. While it benefits large businesses and the government, critics argue it doesn't help the average person. President Nayib Bukele is also strengthening international partnerships, including with @Bilal Bin Saqib Pakistan, to push Bitcoin adoption and energy policies for crypto mining.

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$ETH Holders We are nearly at $4400 STILL holding?/

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Michael Saylor, a big Bitcoin supporter, isn’t concerned about the rising interest in Ether and other cryptos. In a Bloomberg interview, he said that while innovation in crypto is good for everyone, he’s focused only on Bitcoin. He pointed out that most crypto investments are still in Bitcoin, which holds 60% of the market. Saylor also shared that the number of companies holding Bitcoin has grown from 60 to 160 in six months. His company, Strategy, owns the most Bitcoin, with 628,791 BTC worth about $74.15 billion. He believes Bitcoin will do better than the S&P 500 in the long run, calling it "digital capital." $BTC

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Vitalik Buterin became a crypto billionaire at 27 in May 2021 when $ETH hit $3,000 for the first time. With 333,500 ETH at the time, his holdings were valued at over $1 billion. Just a few years earlier, he had stated that he never owned more than 0.9% of all ETH and his net worth was far from a billion. Despite Ether’s massive rise, Buterin recently warned against the growing trend of Ether treasury companies, expressing concern that they could lead to overleveraging and potentially harm ETH in the future.

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