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April 10, 2018, 04:29:34 PM |
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Although they think they are a bubble, George Soros's investment fund is willing to invest in cryptocurrency
At the World Economic Forum in Davos, George Soros said that cryptocurrency are a bubble, but one that has the potential to resist longer because dictators in various countries with economic problems will turn to bitcoin and other digital tokens to - and provide additional income.
With all the lack of optimism adopted by Soroş, Bloomberg agency said Adam Fisher, the manager of the investment fund Soroş, with a turnover of 26 billion dollars, received approval to start trading with crypto.
Last month, Alan Howard, founding partner of Brevan Howard, began to make personal investments in crypto, but the company itself is opting to get involved in this market because of price volatility.
Rothschild Investment Corporation, one of the largest investment companies, has begun to invest in Bitcoin
Rothschild Investment Corporation has recently filed documentation showing that it has 210,000-dollar shares in GBTC - the bitcoin-based investment fund.
Specifically, it is securities whose price is based on the bitcoin value, not the currency itself, and the investment was made as early as 2015.
Extending bitcoin adoption as a method of payment in Canada and the US
Newegg's electronic distributor has expanded its payment system into bitcoin and on the Canadian platform, which means that the products can be purchased in crypto by the few millions of Canadian customers.
Newegg has integrated payment in bitcoin as of 2014 for US customers based on collaboration with the BitPay payment processor.
Several US retailers have integrated cryptomonets (especially bitcoins) on payment platforms over the last period: Overstock online, Expedia and Expedia rental agency, eGifter, voucher and gift shop, Dish satellite television and the company airline CheapAir.
Bitfinex integrates 12 new ERC-20 tokens
The Bitfinex Exchange announced on Friday that it will list 12 new tokens, including Dai, a "stable" (and Tether competitor), Aion, Iostoken (IOST), Request Network (REQ) and Raiden Network (RDN).
All introduced tokens are ERC-20 compatible (based on the Ethereum block) and include Loopring (LRC) Bnktothefuture Token (BFT), Cofound.it (CFI), Wax (WAX), Singularitynet (AGI) and Odem (ODEM).
Trading pairs between BTC, ETH and USD became available on April 7 and have a market value of over $ 1.1 billion.
Bitfinex development director Jean-Louis van der Velde said:
"We are excited about the introduction of new tokens. We are willing to make the necessary efforts to meet the needs and expectations of our customers. We will continue to expand our services to develop our platform and ensure the growth of the digital traders community. "
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