MicroStrategy dismisses market uncertainty, buys another Bitcoin dip
The software company added another $10 million in BTC to its war chest. Go to Source Powered by WPeMatico
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Former Bitcoin opponent says crypto is an effective hedge against currency debasement
George Ball, who serves as Chairman of Sanders Morris Harris, believes cryptocurrencies like Bitcoin are an “attractive” part of a well-balanced portfolio. Go to Source Powered by WPeMatico
Dan Loeb’s hedge fund hires pro-crypto Goldman Sachs analyst
Heath Terry has said it would be “hard to see a world where blockchain technology doesn’t change the way we think about asset ownership.” Go to Source Powered by WPeMatico
Investor Dan Loeb doing ‘deep dive’ into crypto
“Culturally I compare bridging the crypto world with the old as akin to finding a portal between two distinct worlds in the multiverse,” said Dan Loeb Go to Source Powered by WPeMatico
Investment Firm Launches the First ‘Crypto Hedge Fund’ in Spain- Plans to Expand Across Europe, Latin America
In Spain, an investment company has begun to promote what they called the “first crypto hedge fund.” The product has been registered in Malta by Avenue Investment Crypto, headed by a crypto advocate, Martin Huete. Investments Allocated Mainly in Bitcoin and Ethereum According to Infobae, the hedge fund “exclusively” targets qualified investors whose minimum investment … Read more
Time to shine? Crypto should be given a chance after GameStop drama
The GameStop pump may lead a number of amateur investors to finally learn about DeFi and the advantages it puts forth. Go to Source Powered by WPeMatico
Mark Cuban Tells Stock Traders That BTC Hodlers ‘Are a Great Example to Follow’
Billionaire and crypto-asset supporter, Mark Cuban has identified bitcoin hodlers’ endurance as a model that stock investors can follow. According to the billionaire, after acquiring the asset at high prices back in 2017, the hodlers “held on because they believed in the asset.” Following in the Footsteps of BTC Hodlers These long term hodlers were … Read more
GameStop saga reveals legacy finance is rigged, and DeFi is the answer
Traditional finance is a relic, and the GameStop saga is nothing but a prelude for what’s to come: the real decentralization of money. Go to Source Powered by WPeMatico
Gamestop Shares and Reddit Fueled Stocks Plummet, Crypto Fans Say Bitcoin Is the Only True Attack
Following the Wallstreetbets saga last week, a great number of the popular shares being fueled by social media have started to tank in value. Gamestop shares dropped over 60% on Tuesday, while AMC dropped more than 49% shaking investors who bought into these stocks to the core. Meanwhile, a number of cryptocurrency advocates believe the … Read more
Robinhood reportedly shelves IPO plans in wake of GameStop PR disaster
An IPO is reportedly off the cards for now as Robinhood continues to deal with the fallout from the GameStop saga, and the resultant plunge in public confidence. Go to Source Powered by WPeMatico