$10.7 Trillion Custodian Northern Trust Helping Hedge Funds Invest in Bitcoin

onthehook8 (72)in #bitcoin • 6 years ago

That revelation, along with the recent news that “Big Four” accounting firm PwC had agreed to audit the Tezos Foundation, which oversees the assets raised during the cryptocurrency’s then-record initial coin offering (ICO), is the latest sign that established financial services firms are recognizing that the cryptocurrency industry is a market that they can no longer dismiss.

Good article, shows that Fortune 500 U.S. companies are starting to move into the cryptocurrency ecosystem. With more than $10 trillion in assets, these are the type of companies that could move the price of crypto in a big way. Crypto is on a downtrend the last few days, but long term this should be big....

Read the full story here...
https://www.ccn.com/10-7-trillion-custodian-northern-trust-helping-hedge-funds-invest-in-bitcoin/

#crypto #investing #trading #steemit

6 years ago in #bitcoin by onthehook8 (72)

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onthehook8 (72) 6 years ago

Bitcoin around $7570 right now, fyi

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bkcow (46) 6 years ago

thanks for sharing!

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onthehook8 (72) 6 years ago

You're very welcome

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sohanisti (36) 6 years ago

I think I heard someone say EOS is getting a on a few new exchanges soon. Could see it moon again soon...

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onthehook8 (72) 6 years ago

My strategy is to just buy bitcoin for the time being, then switch the bitcoin into other coins as the tech becomes clearer, whatever that worth :)

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shan.mirza (43) 6 years ago

Good work !! on his job

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onthehook8 (72) 6 years ago

Thank you very much, cheeers

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sneaky-ninja (59) 6 years ago

Sneaky Ninja Attack! You have just been defended with a 11.87% upvote!
I was summoned by @onthehook8. I have done their bidding and now I will vanish...