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....
The first-ever White House Crypto Summit takes place today, Friday, March 7. A bevy of industry powerplayers are participating, and while the agenda has yet to be announced, the conversation will undoubtedly include the national crypto reserve, the Digital Asset Stockpile, and other pro-crypto policies. Trump has come a long way in his crypto journey, from crypto skeptic to now pledging to make the US the ‘crypto capital of the world’. The executive order and summit meeting are good first steps in this direction. As sentiment around crypto rises in the US, could new crypto projects like....