Bullboard - Stock Discussion Forum Fintech Select Ltd. V.FTEC

Alternate Symbol(s): SLXXF

Blockchain

Fintech Select is a provider of pre-paid card programs, an online payment platform, and a POS cryptocurrency platform that all are in-house developed platforms. The company also operates a multi-lingual call centre that provides services to customers across all its platforms, and to third-party customers. These core assets have been unified and enabled to operate through separate divisions, all... see more

TSXV:FTEC - Post Discussion

Fintech Select Ltd. > Bitcoin Update

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Post by chumpchange007 on Dec 30, 2020 4:48pm

Bitcoin Update

According to analyst Alex Krger, action in the bond market spurred gains in cryptocurrencies. “Rates came off in the 48 hours leading to yesterday’s [Tuesday’s] pump,” he told CoinDesk. On Monday, the U.S. 10-year bond yielded 0.950%. By Wednesday afternoon, it was 0.926%.

Calling Wednesday’s action a “strong market,” Chris Thomas, head of digital asset at Swissquote, said bitcoin’s price was “being pushed higher by retail flows. We have seen a few [institutional investors] but not too many,” adding that “most are on holiday until next Monday.”

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