From 'speculative bubble' to 'strengthening brand': Waverton performs volte-face on Bitcoin

U-turn follows cryptocurrency market development

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The manager has reversed its stance on the asset it once termed a 'speculative bubble'
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The manager has reversed its stance on the asset it once termed a 'speculative bubble'

Waverton Investment Management has reversed its stance on Bitcoin, saying it now believes in the digital currency.

The comments come from Waverton fund manager William Hanbury who argues the development of the cryptocurrency market in recent years has legitimised and strengthened Bitcoin. Bitcoin value set to surge,...

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