Huobi Subsidiary Launches Bitcoin (BTC) and Ether (ETH) Funds for Institutional Investors
published: 3 minutes ago
Huobi Asset Management has announced the launch of its bitcoin (BTC), Ether, private equity fund, plus a fund that invests in a basket of cryptoassets. The team says the funds will give institutional...
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We all likely remember a time when bitcoin did not have the respect it does today. Many investors lost quite a bit of money during that period, and it seemed like the death of bitcoin was inevitable. During that time, cash began to suddenly lose its authority given how much inflation countries like the U.S. When it first came about in 2009, bitcoin was designed to be a payment currency – something that could push credit cards and fiat to the side and be utilized for purchasing both goods and services.