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Risk of ‘Significant Drawdowns’ Pushes Cypherpunk Holdings to Sell Entire Stash of Bitcoin and Ethereum

Post author:MiamiCrypto
Post published:June 30, 2022
Post category:205.8209 ETH 214.7203 BTC Bitcoin Bitcoin (BTC)BTC and ETH BTC balance sheet BTC Treasury Canada Canada-based investment firm Cash cash and stables crypto assets Cypherpunk Holdings Cypherpunk Holdings CEO drawdowns Jeff Gao News risk risk reward

On Tuesday, the Canada-based investment firm Cypherpunk Holdings Inc. announced that the company has sold all of its bitcoin and ethereum due to the “risk of further significant drawdowns.” The…

Kingdom of Tonga May Adopt Bitcoin as Legal Tender, Says Former Member of Parliament

Post author:MiamiCrypto
Post published:January 14, 2022
Post category:Bitcoin Bitcoin (BTC)Bitcoin Adoption bitcoin as legal tender BTC adoption BTC Treasury El Salvador Kingdom of Tonga legal tender Lord Fusitu’a Lord Fusitu’a Podcast Lord Fusitu’a Twitter Nayib Bukele News Salvadoran government tonga Tonga Parliament Tonga's Parliament

The Kingdom of Tonga may adopt bitcoin as legal tender, according to a former member of Tonga’s parliament, Lord Fusitu’a, who tweeted about a possible timeline for this event to…