Fri, Dec 18, 2020
Bitcoin price has been soaring from record to record. And if 2020 has been the year of Covid-19, it has also been the year of Bitcoin. Indeed it is the year when Bitcoin has come of age. Chris Wood in Greed & Fear report is not only talking about Bitcoin price performance, though clearly that has been impressive with the cryptocurrency up 474% from the March lows and 214% year to date, including a 9.2% gain yesterday even while Greed & Fear was in the works! Significantly, what Greed & Fear means is that this is the year Bitcoin has become investible for institutions with custodian arrangements available and with prominent investors and indeed institutional investors declaring that they have bought it. One Bitcoin price today is $23,182.40.
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Tue, Feb 20, 2018
SBI Card today cautioned customers of risks associated with bitcoin and other crypto-currencies, but did not ban use of its credit card for such investments. With a customer base of over 5 million, SBI Card is the second largest credit card issuer in India.
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