2018-8-2 01:13 |
Fundstrat Global Advisors, market strategy and research provider, announced the firm will start accepting Bitcoin (BTC) for content via Bitpay, according to a press release shared with Cointelegraph July 31.
In what the company claims is a first for research firms, Fundstrat has added Bitcoin payments to its platform via payment operator BitPay, which processed more than $1 bln in Bitcoin payments in 2017.
According to BitPay’s Chief Commercial Officer Sonny Singh, the addition of Bitcoin as a payment method for Fundstrat will enable a global client base from Asia, Africa, and Latin America that “has been nearly impossible before” to access the firm’s content.
Earlier this summer, June 27, the Fundstrat’s Head of Technical Research predicted that the BTC downtrend that took place in June, would be reversed if Bitcoin could push through a resistance point of $6,300-6400.
Source: Cointelegraph Bitcoin Price Index Bitcoin, which broke $8,000 level last week and reached $8,483 July 25, is trading at $7,555 at press time, having lost around 7.5 percent over the week, according to Cointelegraph’s Bitcoin price index.
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