Kevin O’Leary: ‘My Crypto Exposure Is Greater Than Gold for the First Time Ever’

Kevin O'Leary: 'My Crypto Exposure Is Greater Than Gold For the First Time Ever'Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has revealed that he has more crypto exposure than gold for the first time. He hopes to increase his crypto allocation to 7% in the next few months, emphasizing: “I don’t see a situation where crypto’s ever going away.” Kevin O’Leary Now Has More Crypto Than Gold […]

Go to Source

Powered by WPeMatico

Virgin Galactic Chairman Chamath Palihapitiya Says Bitcoin Has Replaced Gold

Virgin Galactic’s Chamath Palihapitiya: Bitcoin Has Replaced GoldVirgin Galactic’s chairman and CEO of Social Capital, Chamath Palihapitiya, says bitcoin has effectively replaced gold. Having predicted that the price of the cryptocurrency would hit $200,000, the executive said bitcoin’s “market cap is just going to grow.” Palihapitiya: ‘I Can Pretty Confidently Say That Bitcoin Has Effectively Replaced Gold’ Virgin Galactic Chairman Chamath Palihapitiya […]

Go to Source

Powered by WPeMatico

Skybridge Capital Cofounder Says Gamestop Activity Is ‘More Proof That Bitcoin Will Work’

Skybridge Capital Cofounder Says Gamestop Activity Is 'More Proof That Bitcoin Will Work'The New York-based Skybridge Capital cofounder, Anthony Scaramucci, recently explained that this week’s Gamestop fiasco is positive for the global cryptocurrency bitcoin. Scaramucci’s statements follow the global investment manager’s recent dive into the crypto economy by gathering exposure to over $300 million worth of the cryptocurrency. Skybridge Capital Cofounder Says Gamestop Stock Activity Bolsters the […]

Go to Source

Powered by WPeMatico

Mark Cuban’s Bitcoin Plan: Run for President if BTC Hits $1 Million, Free Satoshis for Every Citizen

Mark Cuban's Bitcoin Plan: Run for President if BTC Hits $1 Million, Free Satoshis for Every CitizenBillionaire Shark Tank investor Mark Cuban has shared his idea of what he will do when the price of bitcoin hits $1 million. Cuban says he will run for president but only if some bitcoins are donated to the Treasury so that every citizen receives some satoshis each year he is in office. He will […]

The post Mark Cuban’s Bitcoin Plan: Run for President if BTC Hits $1 Million, Free Satoshis for Every Citizen appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

CME’s Bitcoin Futures Rise Suggests Institutional Investors Are Starting to Swarm Toward Crypto

CME's Bitcoin Futures Rise Suggests Institutional Investors Are Starting to Swarm Toward CryptoThe Chicago Mercantile Exchange (CME) has become the second-largest derivatives market for bitcoin futures in terms of open interest. The popular exchange has seen an influx of demand since the recent Paypal announcement and the Bitmex debacle as well. Data shows that the Bitcoin Mercantile Exchange (Bitmex) open interest for bitcoin futures has taken a […]

The post CME’s Bitcoin Futures Rise Suggests Institutional Investors Are Starting to Swarm Toward Crypto appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

5000 BTC Giveaway Scam: Chamath Palihapitiya, Elon Musk Not Giving Away Bitcoin

5000 BTC Giveaway Scam: Chamath Palihapitiya, Elon Musk Not Giving Away BitcoinThe number of bitcoin giveaway scams has been increasing rapidly amid rising prices cryptocurrencies and deepening economic crisis worldwide. These scams claim that famous people are giving away bitcoin, such as Virgin Galactic Chairman Chamath Palihapitiya, Tesla CEO Elon Musk, and U.S. presidential candidate Michael Bloomberg. Bitcoin Giveaway Scams on the Rise Bitcoin giveaway scams […]

The post 5000 BTC Giveaway Scam: Chamath Palihapitiya, Elon Musk Not Giving Away Bitcoin appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

$2 Billion Cryptocurrency Hedge Fund Industry Set to ‘Grow Significantly’

$2 Billion Cryptocurrency Hedge Fund Industry Set to 'Grow Significantly'Cryptocurrency hedge funds’ assets under management have been increasing significantly, rising to more than $2 billion at the end of last year, according to a recent survey. The crypto hedge fund industry is expected to “grow significantly” along with the price of bitcoin. Hedge Funds’ AUMs Doubled in 2019 Cryptocurrency hedge funds’ assets under management […]

The post $2 Billion Cryptocurrency Hedge Fund Industry Set to ‘Grow Significantly’ appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Virgin Galactic’s Chamath Palihapitiya: Bitcoin Could Go to $1 Million, Everybody Should Own Some

Virgin Galactic's Chamath Palihapitiya: Bitcoin Could Go to $1 Million, Everybody Should Own SomeVirgin Galactic Chairman Chamath Palihapitiya has shared his bitcoin investment strategy, predicting that bitcoin’s price could reach a million dollars. He further suggested that everybody should have 1% of their assets in bitcoin since it is “a fantastic hedge.” Also read: IMF Declares Global Recession, 80 Countries Request Help, Trillions of Dollars Needed Bitcoin’s Price […]

The post Virgin Galactic’s Chamath Palihapitiya: Bitcoin Could Go to $1 Million, Everybody Should Own Some appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico