Pension funds, big banks to start allocating to Bitcoin via ETFs

Kitco NEWS has a diverse team of journalists reporting on the economy, stock markets, commodities, cryptocurrencies, mining and metals with accuracy and objectivity. Our goal is to help people make informed market decisions through in-depth reporting, daily market roundups, interviews with prominent industry figures, comprehensive coverage of important industry events and analyses of market-affecting developments.) exchange-traded funds in the U.S.

is a Crypto Market Reporter for Kitco Crypto. Coming from a background in Psychology and Human Behavior, he began to focus his attention on the cryptocurrency space in early 2017 after noticing the rapid growth of this emerging market. Since that time, Jordan has worked as a content creator for multiple projects and as a crypto news journalist reporting on the latest developments within the cryptocurrency market.

- Despite high yields and a strong U.S. dollar, gold is moving higher because of the compelling macro picture, said Brien Lundin, editor of the Gold Newsletter.Bitcoin bulls are battling to hold support at $62,000 in early trading on Wednesday after BTC hit a low of $61,762. Options traders see $80k possible by the end of May. - U.S. consumer borrowing increased by 1.5% in March, much lower than the rate of increase seen in recent months, helped by a significant moderation in credit card debt.

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