Hedge FUD manager: Ray Dalio says ‘good probability’ of a US Bitcoin ban
The U.S. could repeat its 1930s ban on gold ownership but for Bitcoin. Go to Source Powered by WPeMatico
Bookmarking Crypto Insights
Auto Added by WPeMatico
The U.S. could repeat its 1930s ban on gold ownership but for Bitcoin. Go to Source Powered by WPeMatico
The founder and chief investment officer of Bridgewater Associates, the world’s largest hedge fund firm, has warned that the government could “impose prohibitions against capital movements” into assets such as bitcoin. He added that regulators may also impose changes in taxes that “could be more shocking than expected.” Ray Dalio Warns About Government Prohibitions and … Read more
Investors should reduce dollar exposure, the billionaire says, as MicroStrategy’s Saylor describes Bitcoin as the “obvious solution.” Go to Source Powered by WPeMatico
Gold bug and bitcoin opponent, Peter Schiff has alleged that the Digital Currency Group (DCG)’s plan to acquire GBTC shares worth $250 million could be an indication that Grayscale Investment will be reducing the value of its AUM. In addition, Schiff claims in his tweet that “Grayscale will be selling bitcoin to help raise the … Read more
Billionaire hedge fund manager Ray Dalio, a long-time bitcoin skeptic, is warming up to the cryptocurrency. The founder of Bridgewater Associates, the world’s largest hedge fund, now says that bitcoin “could serve as a diversifier to gold and other such storehold of wealth assets.” Bridgewater’s Ray Dalio Sees Bitcoin’s Role in Investment Portfolios Bridgewater Associates … Read more
The popular Youtuber Andrei Jikh published a video this week to his 978,000 Youtube subscribers explaining that he invested over $100,000 into crypto assets. Jikh details why he spent the funds on digital assets and he plans to share his investment experience in another video. Andrei Jikh is a popular Youtuber with close to a … Read more
In light of Bitcoin’s recent price rally, mainstream media has started to cover the industry again, but remain unconvinced it’s a true store of value. Go to Source Powered by WPeMatico
The number of millionaires wanting to buy cryptocurrencies is on the rise, with a new survey indicating that 73% want to own digital assets before the end of 2022. Go to Source Powered by WPeMatico
Ray Dalio, the billionaire hedge fund legend, believes that Bitcoin’s price going higher will only force governments to take action. Go to Source Powered by WPeMatico
Investors and financial experts often have very colorful opinions. Ray Dalio certainly falls into this category, especially following his recent “advice”. There are few financial tools that give consumers actual freedom. Ray Dalio is Firmly Against Bitcoin Cash is one of those options, and it is a thorn in the side of banks and financial … Read more