Cryptocurrency exchanges have increased operational standards and transparency, more trading platforms are now considered Top-Tier, and improved security has led to fewer hacking incidents.
The world’s largest asset manager BlackRock, with over $7.3 trillion in assets under management, has started to “dabble” in bitcoin, at a time in which the price of the flagship cryptocurrency is above $51,000.
Financial and investing advice firm “The Motley Fool” has revealed it decided to invest $5 million in bitcoin and explained the move was made as it believes the cryptocurrency “will store value more effectively than gold over the long term.”
The Swiss canton of Zug has started accepting bitcoin and ether for tax payments, after initially announcing support for cryptocurrency payments in September of last year.
Sponsored: Umbria Network, a decentralized finance platform on the Ethereum blockchain, is proud to announce that it will be deploying its suite of applications on Polygon (previously Matic Network).
Top stories in the Crypto Roundup today:
- CryptoCompare Highlights Top Crypto Exchanges and Why They Stand Out
- World’s Largest Asset Manager Has ‘Started to Dabble’ in Bitcoin
- Motley Fool Buying $5M in Bitcoin for Its Balance Sheet Due to Its ’10x Potential’
- Swiss Canton Zug Starts Accepting BTC and ETH for Tax Payments
- Sponsored: Umbria Partners with Polygon to Leverage DeFi Protocol