Previously anti-crypto investors are increasingly turning to Bitcoin and its brethren as a hedge against fiat currency inflation concerns. One example is Hungarian-born billionaire Thomas Peterffy who, in a Jan. 1 Bloomberg report, said that it would be prudent to have 2-3% of one’s portfolio in crypto assets just in case fiat “goes to hell”. He is reportedly worth $25 billion. Peterffy’s firm, Interactive Brokers Group Inc., announced that it would be offering crypto trading to its clients in mid-2020 following increased demand for the asset class. The company currently offers Bitcoin, Ethereum, Litecoin, and Bitcoin Cash, but will be expanding that selection by another 5-10 coins this month. Peterffy, who holds an undisclosed amount of crypto himself, said that it is possible that digita...
A female aspirant in the Nov. 6 governorship in Anambra, Mrs Chidi Onyemelukwe, has urged the electorate to guard against monetary inducement in making their choice of candidates. Onyemelukwe who is aspiring for the ticket of the Peoples Democratic Party (PDP) for the race, made the call at a news conference in Awka on Monday. She said voting for the right candidate without inducement would make them demand the full dividends of from the people they had voted into power and hold them accountable. According to her, she is not intimidated by the number of aspirants and “money bags” in the race. The aspirant said that she had what it took to get the PDP ticket, win the and put Anambra on the part of economic prosperity and ensure higher degree of welfare for the citizens. Onyemelukwe, however...