April 20, 2024

Bitcoin is waiting for the largest investment in history – $5 billion

Bitcoin awaits the largest investment in history - $ 5 billion

Dubai-based entrepreneur Khurram Shroff plans to buy $5 billion worth 100,000 bitcoins and then use them forcreation of the Miami 2.0 Blockchain Strategy Foundation. Arabianbusiness reports this.

If Shroff actually invests 100,000 BTC, thiswill be the largest public crypto investment in the history of the market. At the same time, the head of the IBC Group added that the decision to invest in Bitcoin is related to a request from the US developer Burkhan World Investment to expand the implementation of blockchain in real estate projects in Miami.

"The largest investment in bitcoin confirms our commitment to help cities implement blockchain technology ...", - said the chairman of the IBC Group.

IBC Group is reported to be one of the key players in the Miami real estate market with over $ 1 billion worth of projects in development.

Bitcoin for Miami

However, Shroff is known not only as a major Miami developer. Last November, IBC Group announced plans to invest $10 million in the development of the Ethereum 2.0 network.

Then it was reported that the company would invest about 20 thousand ETH in the ETH2 deposit contract. However, whether the company actually invested remains unknown.

Shroff's plans to create a blockchain fund came after the city's mayor, Francis Suarez, announced his readiness to recognize Bitcoin as a means of payment, as well as an effective investment tool.

New York mayoral candidate Andrew Young also supported Suarez's decision. At the same time, Young noted that he would try to make New York the world center of cryptocurrencies in case of victory in the elections.

However, Suarez is not the only mayor to declaredisposition to cryptocurrencies. For example, the mayor of Reno, Nevada, Hillary Shiv, also confirmed her readiness to use cryptocurrencies as a payment and investment instrument.

Where is it more profitable to buy bitcoin? TOP-5 crypto-exchanges

For a safe and convenient purchase of cryptocurrencies with a minimum commission, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that support deposits and withdrawals of funds inrubles, hryvnias, dollars and euros.

The reliability of the site is determined by the trading volume andnumber of users. By all key metrics, the largest cryptocurrency exchange in the world is Binance. Binance is also the most popular crypto exchange in Russia and the CIS, since it has the largest cash turnover and supports transfers in rubles from bank cardsVisa / MasterCardand payment systemsQIWI, Advcash, Payeer.

Especially for beginners, we have prepared a detailed guide: How to buy bitcoin on a crypto exchange for rubles?

Rating of cryptocurrency exchanges:

# Exchange: Website: Rating:
1 Binance (Editor's Choice) https://binance.com 9.7
2 OKEx https://okex.com 7.4
3 Exmo https://exmo.me 6.9
5 Huobi https://huobi.com 6.5
5 Yobit https://yobit.net 6.3

The criteria by which the rating is set in our rating of crypto-exchanges:

  • Work reliability— stability of access to all functions of the platform, including uninterrupted trading, deposits and withdrawals of funds, as well as the duration of the market and daily trading volume.
  • Commissions– the amount of commission for trading operations within the platform and withdrawal of assets.
  • Feedback and support– we analyze user reviews and the quality of technical support.
  • Convenience of the interface– we evaluate the functionality and intuitiveness of the interface, possible errors and failures when working with the exchange.
  • Platform Features– availability of additional features — futures, options, staking, etc.
  • final grade– the average number of points for all indicators determines the place in the ranking.

Bitcoin awaits the largest investment in history - $ 5 billion

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