FD7 Ventures Cryptocurrency Fund will sell bitcoins for $ 750 million to buy ADA and DOT
FD7 Ventures, a cryptocurrency fund from Dubai, will sell $ 750 million worth of BTC next month and use these funds to buy cryptocurrencies from the Cardano (ADA) and Polkadot (DOT) projects. FD7 Ventures holds more than $ 1 billion in assets, and a significant portion of these assets are in bitcoins. But now the management of FD7 Ventures believes that bitcoin has already become “useless”, having completed its task. Today, bitcoin fell to $…