A pension fund in the United States has added both Bitcoin and Ether to its portfolio. This marks the first-ever cryptocurrency investment by a US public pension plan, further highlighting institutional demand for crypto exposure. Firefighter Pension Partners With NAYDIG According to a press release from Newswire, the Houston Firefighters' Relief and Retirement Fund (HFRRF) announced their investment this morning. NAYDIG – a Fintech service provider for banks, corporations, and institutions – facilitated the purchase on the fund’s behalf. It…
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XRP Drops To Fifth on Coin Rankings As More Exchanges Delist it
Embattled cryptocurrency Ripple (XRP) faces new problems in 2021 following its legal case with the SEC. The value of XRP has plummeted in recent weeks, and the coin has now dropped to fifth on the coin rankings. XRP Facing Problems on All Fronts It is worth noting that it was only a few weeks ago that Ripple Labs received a lawsuit from the SEC. The US regulatory body had alleged that XRP is unregistered security and deemed sales of XRP…
10 months ago
