posting a job opening for a crypto expert, creating speculation that the company could one day accept the cryptocurrency as payment.
"I think people don't realize that when bitcoin dips below a certain support, institutions actually think differently than everyone else," Xu said."They usually are trying to look for the right entry points — $29,000 was definitely a good interest point, and a lot of institutions definitely took on bitcoin during that time onto their balance sheet because it was really cheap. You'll see people announcing that in the coming weeks.
"US dollar, all the fiats, they move through a centralized claim settlement system. You want to wire US dollars to someone domestically, it goes through Fedwire…that takes at least a day," Xu said."With bitcoin, no matter how much money you're sending, whether that's $100 of bitcoin or $1 million of bitcoin, that only takes about 10 minutes. Bitcoin as a currency clears and settles on the blockchain.
100k is fud, try 250
Sure, as long as you have some big mouth billionaire claiming that he's buying in. Wildly unstable market.
good luck
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