Bitcoin (BTC) price is trading around 0.4% lower today as the buyers show signs of exhaustion near the record highs. Fundamental analysis: Weak supply A weaker Bitcoin supply might be one of the key drivers behind Bitcoin’s recent rally. Some analysts believe that China’s miners may be selling Bitcoins amid regulatory crackdown on local exchanges. “The lack of supply has fed extremely well to the trendiness of this rally, without any of the large sell-downs typical of miner activity in the past,” crypto-asset trading firm QCP Capital from Singapore said. On the other hand, some of the most prominent Bitcoin buyers and investors are hoping that the most recent rally is just a beginning. Mike Novogratz, a prominent Bitcoin investor and the CEO of a cryptocurrency investment firm Galaxy Investment Partners will rise in the future as it is seen as a store of value. “You can’t buy bitcoin at Citibank or Bank of America, but their strategists are talking about it,” Novogratz said. “We’re seeing institutions buy into this, we’re seeing high net worth families buy into this, across the board you’re getting institutional adoption.” According to him, the current rally is more sustainable as it is driven
Paysign, Inc. (NASDAQ: PAYS), a vertically integrated provider of innovative prepaid card programs, digital banking and processing services for corporate, consumer and government applications, will discuss 2020 2nd Quarter earnings at 5:00 PM Eastern Time on Thursday, August 13, 2020.
The company’s financial results are scheduled to be released shortly after the market closes that day.
Participant details are as follows:
877-660-6853 / 201-612-7415
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About Paysign, Inc.
Paysign, Inc (NASDAQ: PAYS) is an experienced and trusted prepaid debit card payment solutions provider as well as an integrated payment processor that has managed millions of prepaid debit cards in its portfolio. Paysign conceptualizes, develops and manages payment solutions, prepaid card programs, and customized payment services. Paysign’s corporate incentive prepaid cards are changing the way corporations reward, motivate, and engage their current and potential customers, employees, and agents. Paysign’s customizable solutions offer significant cost savings while improving brand recognition and customer loyalty. For over 15 years healthcare companies, major pharmaceutical companies, multinationals, prestigious universities, and social media companies have relied on Paysign to provide state of the art prepaid payment programs tailored to their unique requirements. Paysign is a registered trademark of Paysign, Inc. in the United States and other countries. For more information visit us at paysign.com, or follow us on Facebook, Twitter, and LinkedIn.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the companies, are forward-looking statements that involve risks and uncertainties. There is no assurance that such statements will prove to be accurate, and actual results and future events could differ materially. Paysign undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events, or otherwise.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200807005517/en/
Black Friday experts are reporting on the top Michael Kors deals for Black Friday & Cyber Monday 2020, featuring savings on smartwatches, perfumes, clothing & more
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