Bitcoin holders have shown how strong their hands really are, as a large amount of bitcoin hasn’t moved since 2017’s bull run. While some still wait for BTC’s price to recover, others continue to innovate and Dutch bank ING is now reportedly looking to enter the cryptocurrency custody space.
Christine Lagarde, the president of the European Central Bank, gave her debut press conference in which she addressed cryptocurrencies. While she largely dismissed cryptos like bitcoin, she made it clear the ECB hopes to be “ahead of the curve” when it comes to cryptos pegged to the value of an underlying asset – usually a fiat currency – known as stablecoins.
Top stories in the Crypto Roundup today:
- $1.6 Billion Worth of Bitcoin Bought in 2017's Bull Run Hasn’t Moved Since
- Dutch Bank ING Said to Be Entering Cryptocurrency Custody Space
- European Central Bank Should to Be ‘Ahead of the Curve’ on Stablecoins, Says Lagarde
At the time of writing, bitcoin (BTC) is trading at $7,218.09 (0.68%) with a daily Top Tier volume of $1.14 billion. As for ether (ETH), it is trading at $144.02 (0.38%) with a daily Top Tier volume of $255.88 mn. The MVIS CryptoCompare Digital Assets 10 Index is currently tracking at 2,409.14 (0.01%).