$BTC Chatter, Canada’s digital asset fund manager 3iQ Corp. is tasked with managing 10,000 units of $BTC reserves locked in a new project in Bhutan. Brothers, this looks like a big move by the government—getting $BTC to be held by an institution sounds pretty impressive. But put plainly, isn’t this just another case of using digital gold as a sovereign asset to diversify investments? On the fundamentals, there’s no clear signal for any short-term pump. Let us old retail traders just be onlookers, and see which region can actually put these digital assets to use. Don’t get involved blindly—watch first. There aren’t any definite trading-operation suggestions on the board. (via bitcoinmagazine)
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