NFT with Ronaldo available on the Binance exchange

Bitcoin has seen price volatility in the last week without "settling" within the established range at its new lower trading level.

After falling from over $20, bitcoin started last week below $000 before jumping back to around $15. It stabilized around $700 later in the week, but fell again over the weekend to just below $17 this morning.

Ethereum it also experienced volatility throughout the week, starting below $1 then jumping to just below $175. The cryptocurrency went down during the week, again trading at around $1. It plunged over the weekend to now trade just above $275.

Time to buy bitcoin? The panther says yes

Recent market volatility has seen the price of major cryptocurrencies such as Bitcoin fall to lows not seen in about two years and well below a year ago highs.

For investors thinking then or now is the time to buy, there are a few things to consider. One is to take a look at what's happening with institutional investors in this space to see how they fare in the current environment.

If we look at a major bitcoin investment vehicle like Grayscale, the discount to NAV is currently around 43%. This means that the mutual fund is heavily sold out, and anyone who buys it now gets 43 percent. discount on the value of the assets it owns.

Another major institutional bitcoin player, Panther, bought more bitcoins after the price fell. The fund announced over the weekend that it was buying another $140 million in cryptocurrencies, signaling to markets that it now sees the right entry point.

The White House Increases Cryptocurrency Regulation After G20

The G20 summit has been used for a variety of political purposes this month, but one of them appears to have been to unify the approach to cryptocurrency regulation.

In a statement released by the White House, Joe Biden stated that the G20 nations are committed to "robust regulation, oversight and oversight" of cryptocurrencies. The White House also says it welcomes the FSB's proposal to establish a comprehensive international framework for the regulation of cryptocurrencies.

The announcement comes at a critical time for the sector, with calls for greater regulatory oversight growing in most major nations. While this process appears to be underway, more coordinated efforts between major states could soon lead to significant changes in the international environment.

Ronaldo launches NFT

Possibly the world's most famous soccer player, Cristiano Ronaldo, has launched the NFT collection on Binance. The competitor, who will compete in the World Cup with Portugal on Thursday, has launched a set of NFTs that are limited in number and can be purchased on Binance with native stablecoina USD.

The launch comes at a controversial moment for the footballer as he is embroiled in a dispute with his club, Manchester United. Introduction NFT however, it is a clear move on the part of the star to help build a global image that is very popular with fans at the moment.

NFTs are a limited edition with only a few thousand pieces available. The most expensive "Super Rare" and "Super Super Rare" NFTs will only be available through online auctions.