Bitcoin investors dig in for long haul in ‘staggering’ shift

Softbank-backed Brazilian crypto firm acquires Portuguese exchange

Jan 17 (Reuters) – As Bitcoin approaches 2022, a growing group of long-term investors are doubling their cryptocurrency stocks, hoping that the December drop will be just a celebratory moment. Some industry watchers point to the fundamental stability of these long-term investments as potentially promising indicators of a volatile cryptocurrency. Since last July, for example, … Read more

Softbank-backed Brazilian crypto firm acquires Portuguese exchange

Softbank-backed Brazilian crypto firm acquires Portuguese exchange

A representation of the virtual currency Bitcoin is shown in this illustration taken on June 14, 2021. REUTERS/Edgar Su/Illustration/File Photo Register now to get free unlimited access to Reuters.com Register NEW YORK (Reuters) – Softbank-backed Brazilian 2TM that operates Latin America’s largest cryptocurrency exchange Mercado Bitcoin said on Wednesday it would acquire a controlling stake … Read more