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Impact of public companies on the blockchain industry By IBTimes Staff Reporter Bitcoin Photo: Pixabay
In 2020, institutional investors have had the biggest impact on the entire cryptocurrency market. Back in late February, when the world was engulfed in a pandemic and economic crisis, analysts and experts from large companies began to look for alternative assets. Thus, many companies approached Bitcoin, which performed well during the crisis. Despite the collapse in the value of BTC in March 2020, which occurred synchronously with all quotes, the cryptocurrency very quickly regained its position, proving its independence from traditional markets.
In the summer, analysts at Fidelity Investments, which has more than $ 7 trillion in capital under management, surveyed 774 European and American companies. More than ⅓ confirmed investment in cryptocurrencies. Over the past year, another 5% of American companies have added cryptocurrencies to their portfolio, and now thei
xSigma Corporation, a wholly owned subsidiary of ZK International, Recruits Leading Blockchain Engineer to Join xSigma DeFi
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WENZHOU, China, Dec. 21, 2020 /PRNewswire/ ZK International Group Co., Ltd. (Nasdaq: ZKIN) ( ZKIN , ZK International or the Company ), a designer, engineer, manufacturer, and supplier of patented high-performance stainless steel and carbon steel pipe products primarily used for water and gas supplies, today announced that xSigma Corporation, a wholly owned subsidiary of the Company, has appointed Jesse Brauner as Senior Engineer. Mr. Brauner joins xSigma with nearly a decade of experience in various technical capacities in the fields of finance, trading, digital payments and cryptocurrencies.