One of the largest cryptocurrency exchanges in the USA stated that institutional and large investors are heavily buying Ethereum. According to the statements of the exchange, with Bitcoin, Ethereum has now started to attract corporate interest and investors have started to spend large capital.
Nasdaq Listed Company Receives $ 150 Million Bitcoin
The company named Marathon Patent Group, which produces Bitcoin mining machines, listed on Nasdaq, announced that it has invested 150 million dollars in BTC. "Similar to other forward-thinking companies like MicroStrategy, we believe that keeping some of our treasury reserves in Bitcoin will be a longer-term strategy than holding US dollars," the company said. made the explanation.
JP Morgan Analyst Tells About Bitcoin Investments
The JP Morgan analyst cited some reasons for BTC to be included in the investor portfolio. The analyst explained that low-interest US bonds pushed investors to alternative investments. The analyst also stated that high returns and moderate correlations in cryptocurrencies continue to increase portfolio efficiency.
Biggest US Universities Buying Bitcoin
It was learned that the largest university donation funds in the US quietly bought crypto money last year. Universities include Harvard, Yale Brown and the University of Michigan and several other colleges.
Blockchain Use in Vaccination Data Begins
The International Air Transport Association is developing blockchain-based passports that contain the COVID-19 test case of each passenger. The explanations made are that this superior technology will be applied successfully in all areas of life.
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