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London Stock Exchange-Listed Company Allocates 10% Of Its Cash Reserves To Bitcoin As Its Primary Treasury Reserve Asset

A growing number of institutional investors and traditional companies are holding the flagship cryptocurrency as a treasury reserve asset amid an economic downturn due to the pandemic. The latest company to jump on the bitcoin bandwagon is a fintech firm listed on the London Stock Exchange, Mode Global Holdings. However, Mode has not revealed the […] дальше »

2020-10-22 16:57


Bitcoin Sell-Off Accelerates amid US Stock Downtrend; Crash Ahead?

Bitcoin (BTC) dropped lower on Thursday, with dimming stimulus hopes and a resurgence in the coronavirus cases in the US and Europe casting doubts over the global economic recovery. The BTC/USD exchange rate established an intraday low at $11,263 as of around 0900 UTC, suggesting that it could correct further lower in the US trading […] дальше »

2020-10-16 16:02


Industry CEO Thinks of Doubling His Exposure to Bitcoin to 25%

Bill Barhydt, who is the CEO of Abra after working for NASA, the CIA, and Goldman Sachs, is looking to up his Bitcoin exposure amid current macroeconomic trends. Abra CEO May Soon Double Bitcoin Exposure to 25% of All Assets The industry chief executive announced on September 2nd that he is “considering doubling the allocation of #Bitcoin in my personal portfolio to 25%. дальше »

2020-10-4 04:27