Blockchain
AvaTrade Adds 3 More Crypto Pairs to Assets Portfolio
AvaTrade, the leading forex and CFD broker, announced today the addition of 3 new digital currency pairs – NEOUSD, EOSUSD and MIOTAUSD – bringing the total of crypto assets to a stunning 18. The new pairs have been available since July 1st, 2019 and provide an excellent opportunity for clients to diversify their portfolios and increase their exposure to the vibrant 24/7 crypto market.
The announcement comes on the heels of Facebook’s proposed foray into the cryptocurrency landscape, as more and more corporations begin to adapt themselves to the cryptocurrency landscape and adopt its blockchain technologies.
In addition, and in order to unify the broker’s crypto-currency instrument labels, AvaTrade is relabelling their existing Ethereum, Ripple & Litecoin instruments and replacing the existing instruments with new USD labelled ones: ETHUSD, XRPUSD & LTCUSD, respectively.
Established in 2006, AvaTrade is one of the world’s oldest and most respected online brokers. Regulated across 5 regions and with offices throughout Europe, Asia, Africa and the Americas it has managed to maintain its position by swiftly responding to major developments, spearheading others and uncompromising service to its clients. With its wealth of educational materials AvaTrade empowers its clients to become retail traders who can take responsibility for their investment activities. Client funds are secured in segregated accounts in tier-1 financial institutions and all transactions are secured by the latest SSL protocols. Clients enjoy zero commissions, competitive spreads and support in 14 languages.
According to AvaTrade CEO, Mr. Dáire Ferguson, “the crypto environment is becoming one of the most exciting developments in financial history. Hardly a day goes by without some additional innovation being announced. Each of these has the potential to change the world in very fundamental ways, and any company that claims a position of leadership has absolutely no choice but to stay ahead of the curve.”
And AvaTrade’s been doing just that quite successfully for the past 12 years.
SOURCE AvaTrade
Blockchain
United States B2C E-Commerce & Online Payments Market Report 2024 – Retail E-Commerce Sales are Poised to Surpass EUR 1.5 Trillion by 2027
MicroStrategy has increased its Bitcoin holdings to 214,400 BTC with a recent purchase of $7.8 million worth of the cryptocurrency. This move further solidifies MicroStrategy’s position as a major institutional holder of Bitcoin and demonstrates its continued bullish outlook on the digital asset.
MicroStrategy, a publicly traded business intelligence firm, has been actively accumulating Bitcoin as part of its treasury strategy, viewing the cryptocurrency as a long-term store of value and hedge against inflation. The recent purchase of $7.8 million worth of Bitcoin adds to the company’s already substantial holdings, reaffirming its confidence in the future potential of the digital currency.
MicroStrategy’s ongoing accumulation of Bitcoin reflects a broader trend of institutional adoption and investment in the cryptocurrency space. As more companies recognize the value proposition of Bitcoin as a hedge against economic uncertainty and fiat currency devaluation, they are increasingly allocating funds to acquire and hold the digital asset.
Overall, MicroStrategy’s decision to boost its Bitcoin holdings with a $7.8 million purchase underscores the company’s conviction in the long-term viability and potential of Bitcoin as a strategic asset. This move is likely to further encourage other institutions to explore Bitcoin as a component of their investment portfolios, driving continued growth and adoption in the cryptocurrency market.
Source: crypto.news
The post MicroStrategy boosts Bitcoin holdings to 214,400 BTC with $7.8m purchase appeared first on HIPTHER Alerts.
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