More financial advisors are eyeing crypto, Indian Supreme Court delays hearing on crypto ban and Bitcoin SV’s ridiculous 100% rally
Here is today’s most important crypto news, written by the Crypto2Cash team
15–01–2020
More financial advisors are eyeing crypto for their clients
A new survey by Bitwise points out that only 6% among the 400-plus financial advisors they spoke to in 2019 have allocated crypto for their clients’ portfolios.
But an additional 7% said they would make such allocations in the new year.
The survey found that crypto’s perceived ability to act as an inflation hedge is the number one motivation for including it in portfolios.
Indian Supreme Court delays hearing on crypto ban
The Indian Supreme Court decided to push back the hearing against the Reserve Bank of India for the crypto banking ban it imposed in 2018.
Both public and industry-led petitions have appealed to the courts on the grounds that the decision is unconstitutional.
The court’s move to delay the hearing was the result of the received petitions as the court expects there to be longer arguments.
Bitcoin SV’s ridiculous 100% rally
Altcoins also steadfastly followed Bitcoin’s strong upswing. Bitcoin SV is the most notable gainer with yesterday’s 100% gain. BSV is now trading around 370 USD.
BSV is now up by 300% over the past ten days and traders will see if there is a continuation of the rally or an abrupt price dump in the coming days.
Give us a call on +31 85 2250 510 or email us at support@crypto2cash.com.
Our members of staff are available between 9.00–18.00 CET to answer any questions you may have, especially in regards to easily selling your crypto for fiat currencies.
