KUALA LUMPUR (Feb 2): Digital asset exchange platform Luno Malaysia said the growing interest of institutional investors in cryptocurrency, which drove Bitcoin (BTC)’s price to new highs, will likely continue in 2021.
Luno Malaysia country manager Aaron Tang noted that companies, both big and small, were seen to be investing portions of their cash reserves into BTC, including MicroStrategy, Mass Mutual and Square, which created renewed excitement in cryptocurrencies, reminiscent of the craze in 2017.
“The recent news that the S&P Dow Jones Indices will debut cryptocurrency indices in 2021 should put cryptocurrency in front of even more investors on a daily basis. It is something that has actually been spoken about for the longest time.
GameStop Squeeze Was Helped By 34 Year Old YouTubing CFA Who Turned $50,000 Into $48 Million
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2021年，我们该投资比特币吗？
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Bitcoin s Flexibility Good Fit for Consumers and Investors in Digital Age
On 1/21/21 at 3:53 PM EST
Bitcoin, once viewed as a curiosity reserved for digital age pioneers, economic swashbucklers, the aggressively offbeat or the gullible, is going mainstream. By one estimate, about 50 million investors worldwide traded Bitcoin and other crypto-currencies in 2019.
Bitcoin has attracted the attention of both Wall Street analysts who expect further price appreciation and regulators who are issuing stern warnings that investors should be prepared to lose all their money.
Despite the risk, various media outlets have reported that Russell Okung, an offensive lineman with the Carolina Panthers, converts half of his $13 million annual NFL salary to Bitcoin with each paycheck through an internet conversion system (Okung did not respond to a request by Newsweek for an interview made through the team and his agent).