As Bitcoin hits a record high of nearly $34,000, the CEO of one of deVere Group has announced he has sold half of his holdings in the popular cryptocurrency. The revelation from Nigel Green - one of the first high-profile cryptocurrency advocates - comes as the Bitcoin price hit yet another all-time high. The world's largest cryptocurrency by market capitalisation jumped to more than $24,661. The value of all Bitcoin in circulation is now around $452bn. Green said: "I have sold half my holdings of Bitcoin as it hit an all-time high. Why? Because it should now be treated as any ...
To continue reading this article...
Join International Investment
Join International Investment today
Unlock members-only benefits:
- Unlimited access to real-time news, industry insights, video features and market intelligence
- Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
- Receive breaking news stories straight to your inbox in the daily newsletters
- Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
- Members-only access to the Editor’s weekly news roundup newsletter
- Members-only access to analysis via our exclusive industry polls
- Be the first to hear about our events and awards programmes