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Showing posts with the label institutional investors

Crypto Tourism in Thailand: Digital Wallet Spending Soon

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Crypto tourism coming to Thailand has catalyzed transformative changes in how visitors spend money through digital wallet spending that’s linked to credit cards and also traditional payment systems. Deputy Prime Minister and Finance Minister Pichai Chunhavajira spearheaded an announcement that crypto merchants in Thailand will receive Thai baht payments while tourists pay with cryptocurrency, addressing various major cryptocurrency concerns and accelerating crypto payment adoption across numerous significant sectors nationwide. The innovative system has revolutionized merchant protection from volatility while also enabling seamless crypto transactions for international visitors right now. Also Read: Tether’s USDT Officially Recognized by Thailand’s Regulator Navigating Crypto Payment Adoption Amid Thailand’s Regulatory Changes Source: Watcher Guru Credit Card-Linked System Enables Crypto Tourism Coming to Thailand Thailand’s Ministry of Finance has engineered comprehe...

ChatGPT picks 2 altcoins to buy and add to your crypto portfolio in February

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The cryptocurrency market edged lower, with total market capitalization dropping 1.3% to $3.74 trillion amid continued volatility. As uncertainty grows, investors are increasingly turning to altcoins to diversify portfolios and capitalize on potential growth opportunities. Against this backdrop, Finbold analyzed market trends and consulted ChatGPT-4o, which identified two altcoins with strong growth potential in the current market landscape. Solana (SOL) Solana (SOL) continues to be a dominant player in the decentralized finance (DeFi) and trading ecosystem, making it an attractive investment for traders and institutional investors. With its retail-first approach, low transaction fees, and high-speed execution, Solana has captured 50% of the decentralized exchange (DEX) market share, according to the OKX State of DEXs 2025 report. Picks for you ...

Hoth Therapeutics to buy up to $1 million worth of Bitcoin

Hoth Therapeutics, a publicly-traded biopharmaceutical company, has adopted Bitcoin (BTC) as a treasury asset. The clinical-stage biopharmaceutical company announced on Nov. 20 that its board of directors had approved adding BTC to its balance sheet. In the first step of this significant move, Hoth Therapeutics will buy up to $1 million in Bitcoin, according to details in a press release. Big move as Hoth buys Bitcoin Hoth points to Bitcoin’s traction as an investment asset, global adoption and rising institutional purchase as key to its decision. Bitcoin ETFs and options approval, increased ETF inflows and assets as well as plans for strategic BTC reserves has also buoyed several platforms. The Hoth management team also looked at BTC as a hedge against inflation and store of value as crucial Features . “As Bitcoin continues to grow, gaining investor attention and acceptance as a major and primary asset class, we believe that Bitcoin will serve as ...