World’s Growing Stockpile of Negative-Yielding Debt a Positive for Bitcoin, S...
The search for profit is likely to intensify with amount of global debt offering negative yields more than doubling in the past seven months
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Bonds worth $17.05 trillion now yields a return below zero, according to Bloomberg Barclays Global Negative Yielding Debt index.
With negative-yielding bonds at a new high, investors are looking elsewhere for returns.
With high market uncertainty, low inflation, and negative interest rates in many countries, it’s becoming harder for investors to ignore Bitcoin, which is one of the very few investments these days to offer an alternative to further losses. Bond Yields Going Negative Globally. Amid recent market turmoil following Brexit, slashing of forecasts and credit....
A billion-dollar Australian investment management firm has gotten into bitcoin, citing that the cryptocurrency is superior to gold. Many of the firm’s clients have been asking about investing in bitcoin. “We have been positioning in gold for our clients for many many years now. Now we’re doing it with bitcoin,” said an executive of the firm. Bitcoin ‘Entering the Realm of the Mainstream’ Australian investment management company Pendal Group has started investing in bitcoin through futures contracts on the Chicago Mercantile Exchange, AFR publication....
Yesterday, U.S. President Donald Trump signed an executive order establishing a Strategic Bitcoin Reserve alongside a U.S. Digital Asset Stockpile. This move separates Bitcoin ($BTC) from other cryptocurrencies, positioning it in a distinct category while other digital assets will form the broader national stockpile. The $BTC in the reserve will come from Bitcoins forfeited by […]