Tag Archives: Holding

Nasdaq Head Explains Why Institutions Are Still Holding Back On Bitcoin

In September 2017, the Bank of America Merrill Lynch branch asked 200 institutional investors what they believe is the most popular investment. Most of them said “Long Bitcoin.” That said, this doesn’t mean these investors have put money into the digital asset. However, it does show the government how vital cryptocurrencies are in the long run. But, that doesn’t change the fact that the crypto market needs institutional investors to take off. Thankfully, there is some hope in that regard thanks to recent developments. Continue reading Nasdaq Head Explains Why Institutions Are Still Holding Back On Bitcoin

Major Spanish Bank BBVA Closes €150 Mln Loan With Porsche Holding Using Blockchain

Spain’s second largest bank, Banco Bilbao Vizcaya Argentaria (BBVA), has closed a €150 million loan using blockchain technology with Porsche Holding, the largest car distributor in Europe. The news was reported by financial news site Finextra Dec. 14. Continue reading Major Spanish Bank BBVA Closes €150 Mln Loan With Porsche Holding Using Blockchain