A more “financially literate” user base could reduce cryptocurrencies’ wild market swings, some say.
Read moreVancouver mayor plans to introduce ‘Bitcoin-friendly city’ plans
The proposed plan by Vancouver Mayor Ken Sim for the city’s “diversification of financial resources” suggested an investment in Bitcoin as a reserve asset.
Read moreCharles Schwab incoming CEO: ‘I have not bought crypto, and now I feel silly’
Rick Wurster, who will take the chief executive role next year, said he still has no plans to buy crypto but wants to support Schwab
Read moreSpot Bitcoin ETFs hit $1.7B weekly inflows, marking six-week streak
The latest inflows bring spot Bitcoin ETFs’ total net assets to $95.4 billion, or 5.27% of Bitcoin’s $1.8 trillion market capitalization.
Read moreBitcoin investment ‘material impact’ captures pension funds’ attention
Even a small allocation of Bitcoin in a traditional investment fund can be beneficial.
Read moreUK-based pension scheme makes 3% Bitcoin allocation
Cartwright reported that an “unnamed scheme” based in the UK had made a 3% allocation of Bitcoin into its pension fund.
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