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Sports agent and founder of the DLE agency, Doug Eldridge, gives an overview of the Giants’ Saquon Barkley accepting all the money from the endorsement in Bitcoin.
Bitcoin was trading more than 3% earlier Wednesday morning.
The price was around $ 30,840 per piece, while rivals Ethereum and Dogecoin were trading around $ 1,869 and 17 cents per coin, respectively, according to Coindesk.
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FTX Trading Ltd said its valuation reached $ 18 billion after a $ 900 million funding round that included SoftBank Group.
The cycle saw the participation of more than 60 investors, according to Reuters.
Included are venture capital firm Sequoia Capital, private equity giant Thoma Bravo, Daniel Loeb’s Third Point, the Paul Tudor Jones family and UK hedge fund manager Alan Howard.
The euphoria surrounding cryptocurrencies at the start though the year was impacted by growing regulatory discussions around the world.
BITCOIN SLIDES BELOW $ 30,000, WIPING 2021 EARNINGS
The tightening of controls weighed on the price of bitcoin, with the most popular cryptocurrency falling below $ 30,000 on Tuesday for the first time in a month.
FTX counts celebrity couple Tom Brady and Gisele Bundchen among its supporters.
In other cryptocurrency news, EU policymakers have offered another way to tighten regulation.
This implies that companies that transfer bitcoin or other crypto assets must collect information about senders and recipients to help authorities crack down on dirty money, according to Reuters.
The law proposed by the European Commission would make crypto transactions traceable.
The rule already applies to wire transfers.
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EU states and the European Parliament have the final say on the proposals, which means it could be two years before they become law.
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