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Bitcoin’s Massive Swings Give Pause to CFOs Mulling Reserve Investment: Bloomberg

Wall Street chief financial officers (CFO) are more wary of putting company funds into bitcoin after last week’s 30% price plunge, Bloomberg reports.But given the return of bitcoin’s infamous price volatility – which saw the largest cryptocurrency’s price drop thousands below its peak of $41,900 set on Jan. – the

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First Mover: Bitcoin Pause, Ethereum Snafu, 1,000% Returns Put Focus on Exchange Tokens

Bitcoin was higher, pushing toward the upper edge of its recent range between about $14,700 and $15,600.“The positive sentiment towards bitcoin has not gone away,” said Denis Vinokourov, head of research at crypto prime broker Bequant. In traditional markets, Asian shares tumbled, led by Alibaba and Tencent, as Chinese government issues regulations

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