Diversification – DIGIT INFO

Ray Dalio predicts global debt crisis, backs Bitcoin, gold

DIGIT — Tue, 10 Dec 2024 14:42:20 +0000

Bridgewater Associates founder Ray Dalio referred to Bitcoin as a hard asset, saying he would choose BTC and gold over debt assets.

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Amid ‘Regulatory Apparatus’ Against Crypto, Paul Tudor Jones Maintains Bitcoin Allocation

DIGIT — Mon, 15 May 2023 22:50:07 +0000

In a recent interview, the renowned investor Paul Tudor Jones expressed his perspective on bitcoin, acknowledging that there might be regulatory challenges ahead. However, Jones emphasized his unwavering commitment to the dominant cryptocurrency, affirming that he maintains “a small diversification” in his investment portfolio and always will. Paul Tudor Jones on Bitcoin: ‘I’m Sticking With […]

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2023’s Bitcoin Obituaries: Bitcoin Defies 6 Death Predictions With 80% Price Increase Since End of 2022

DIGIT — Tue, 11 Apr 2023 18:00:48 +0000

It’s been more than 100 days since the end of 2022, and the price of bitcoin has risen more than 80% since then. Over the past 30 days, bitcoin has increased by more than 45% against the U.S. dollar. Despite its recovery this year, after a long crypto winter in the previous year, the Bitcoin […]

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Microstrategy’s Bitcoin Holdings Reach 140,000 BTC After Acquiring 1,045 More Bitcoins

DIGIT — Wed, 05 Apr 2023 21:30:36 +0000

Nine days after publicly listed company Microstrategy purchased 6,455 bitcoins, the firm’s CEO, Michael Saylor, announced the purchase of an additional 1,045 bitcoins. The business intelligence (BI) company now holds a total of 140,000 bitcoins, worth $3.97 billion. Microstrategy Buys Another Batch of Bitcoins Microstrategy has begun acquiring bitcoin (BTC) again, after purchasing 6,455 bitcoins […]

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Analysts Suspect Banking Crisis Triggered ‘Resting Bull Market’ in Gold, Silver Could Print Much Higher Gains

DIGIT — Sat, 18 Mar 2023 18:30:13 +0000

At the start of the week, a troy ounce of .999 fine gold was trading at $1,813 per unit. Seven days later, gold rose 9.65% against the U.S. dollar to the current spot price of $1,988 per ounce. Gold’s rise comes at a time when confidence in the global banking system is at an all-time […]

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Crypto Dominates as Payment Method for Remote Workers in Latam

DIGIT — Mon, 20 Feb 2023 12:30:38 +0000

Most remote workers in Latam prefer to get paid in crypto, according to the latest report from the Deel Lab for Global Employment. The reasons behind the finding are said to be diverse, but include the instability of some of the local fiat currencies, and the influence of high levels of inflation in the region. […]

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Kevin O’Leary Reveals Crypto Strategy, Why He Prefers Ethereum, Says NFTs Will Be Bigger Than Bitcoin

DIGIT — Sun, 02 Jan 2022 02:30:48 +0000

Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has shared his cryptocurrency investment strategy and which coins he owns. He also discussed crypto market bubbles, diversification, regulation, and why he thinks non-fungible tokens (NFTs) will be bigger than bitcoin. Kevin O’Leary Discusses His Crypto Investments, Market Bubbles, and NFTs Shark Tank star Kevin O’Leary discussed […]

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Financial Services Company SBI Group Launches Diversified Crypto Fund in Japan

DIGIT — Sun, 19 Dec 2021 15:00:03 +0000

SBI Group, the financial services company group based in Tokyo, Japan, has announced the launch of a crypto asset fund that consists of seven different digital currencies. The crypto fund launched by the Japanese company includes bitcoin, ethereum, xrp, litecoin, bitcoin cash, chainlink, and polkadot. SBI Group’s New Crypto Fund Leverages 7 Different Digital Assets […]

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Games and NFTs the Driving Force Behind Dapps During Q3, According to Dappradar

DIGIT — Fri, 08 Oct 2021 06:30:09 +0000

Blockchain-based games and NFT trading were the driving force behind dapp adoption during Q3, according to defi insight platform Dappradar. In its Dapp Industry Report: Q3 2021 Overview, Dappradar states that the importance of these new activities in the crypto industry rose dramatically, making the space more diversified and competitive in the process. Defi also […]

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Bubble or a drop in the ocean? Putting Bitcoin’s $1 trillion milestone into perspective

DIGIT — Sat, 03 Apr 2021 06:30:00 +0000

Bitcoin is relatively small compared to stocks and real estate, and those holders might reinvest dividends in other assets.

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