Spanish Regulator Issues Guidelines for Fund Managers Planning to Invest in Cryptocurrencies

Spanish Regulator Issues Guidelines for Fund Managers Planning to Invest in CryptocurrenciesThe Spanish financial regulator is easing the entity’s tough stance towards cryptocurrencies by announcing an unprecedented measure that green lights institutional investors to enter into such business decisions. The National Securities Market Commission (CNMV) unveiled guidelines that approve institutional crypto investment under certain conditions. Fund Managers Should Specify ‘High Risks’ of Cryptos in Marketing Resources […]

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Data Shows 78% of the Circulating Bitcoin Supply Is Illiquid, Only 4.2M BTC in Constant Circulation

Data Shows 78% of the Circulating Bitcoin Supply Is Illiquid, Only 4.2M BTC in Constant CirculationOnchain statistics show 78% of the circulating bitcoin supply is illiquid and barely accessible according to Glassnode research. Data indicates that the analysts have classified 14.5 million bitcoin as illiquid and only 4.2 million bitcoin in constant circulation. One of the most treasured parts of the Bitcoin (BTC) protocol is the fact that the system […]

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Billionaire Hedge Fund Manager Paul Tudor Jones Expects Bitcoin’s Market Cap to Grow Beyond $500 Billion

Billionaire Hedge Fund Manager Paul Tudor Jones Expects Bitcoin's Market Cap to Grow Beyond $500 BillionFamed hedge fund manager Paul Tudor Jones has updated his view on bitcoin. Envisioning a bullish future similar to “the metals complex where you have precious crypto,” he says that $500 billion is the wrong market cap for bitcoin, given all the “possibilities that it has.” He expects that the path forward for bitcoin from […]

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Ray Dalio Admits He May Be Wrong About Bitcoin But Still Concerned of Government Ban

Billionaire hedge fund manager Ray Dalio has admitted that he may be wrong about bitcoin after stating that governments will ban the cryptocurrency if it “becomes material.” Dalio founded Bridgewater Associates; his hedge fund is the largest in the world. Ray Dalio Open to Learning About Bitcoin Bridgewater Associates founder Ray Dalio has admitted that […]

The post Ray Dalio Admits He May Be Wrong About Bitcoin But Still Concerned of Government Ban appeared first on Bitcoin News.

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