Tuesday, March 12, 2024

 The ongoing rally in Bitcoin finds fresh legs as the LSE announced that it will accept applications for exchange-traded notes. The cryptocurrency has blazed past the $70,000 with no indications of fatigue. Social media behemoth Reddit is planning on going public, with an IPO of around $750 million.  All this and much more on World Street.


Going Global

Bitcoin and Ethereum received the thumbs up from the London Stock Exchange which will accept applications for exchange-traded notes of the cryptocurrencies. This opens an entirely new market segment in the UK. These ETNs will only be available to "professional investors".

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