Dalio claims bitcoin lacks intrinsic value. He thinks authorities will eventually regulate bitcoin. Billionaire Ray Dalio, the founder of the world’s biggest hedge fund, Bridgewater Associates, warned Wednesday that as Bitcoin gains popularity, the US government will “kill it,” according to CNBC. Bitcoin’s value has tripled in a year, reaching
The crypto market has risen by nearly 2.3% in the past 24 hours. Cardano (ADA) has gained 6.55 percent in the past 24 hours. Binance Coin (BNB) has yet to reach the long zone. Anyone acquainted with cryptocurrencies knows that Bitcoin is by far the most well-known coin. It was
Cathie Wood predicts Bitcoin values to be $500,000 in 5 years. Ark’s future exposure will likely be split 60-40 between Bitcoin and Ethereum. Institutional investors are devoting about 5% of their portfolios to bitcoin. Cathie Wood predicts a tenfold increase in Bitcoin values to $500,000 in 5 years. The big
Finally, a sign of relief for investors as bitcoin stabilizes itself after a crazy ride. With El Salvador purchasing over $20 million in Bitcoin and becoming the first nation to adopt it as legal money, bitcoin dropped from $52,000 only one week ago on Monday, September 6. With more and
The guy who laundered millions for cyber thieves worldwide, sentenced to 11 years in prison on Wednesday. Alaumary, 36, a dual citizen of the United States and Canada, worked with North Korean cyber thieves, stole $1.3 billion in a cybercrime spree suspected, performed on behalf of North Korean intelligence. Furthermore,
Even Though many are in a confused state to invest in Bitcoins, some institutional investors are focusing only on BTC. Despite the fact that Bitcoin’s price value is unsteady, people fall for it and then click on ‘buy option’ is still rising. We all know that MicroStrategy (MSTR) is one
The cryptocurrency market continues to fall, with nearly all currencies in the red. CoinMarketCap values the global crypto market at $2.04 trillion, down almost 2% from yesterday. BTC/USD The crypto collapse has retracted Bitcoin. Bitcoin has just risen over $45,000 USD. On Saturday, the price of Bitcoin (BTC) stabilized around
A golden cross is a chart pattern that indicates a strong rally. It happens when the short-term moving average of a stock crosses over its long-term moving average. A death cross indicates a price movement in the opposite direction. Since the market began the current bear phase in March, the
Financial sectors are now adapting and accepting digital payment services through cryptocurrencies. Also it helps users who already trade crypto assets and makes transitions even more simpler. Thus, to offer its customers, MVB bank is joining with NYDIG to provide white label BTC solutions to its customers. Besides, the main
During an interview with Rick Rieder, managing director at BlackRock, the world’s biggest asset manager, revealed why he owns bitcoin when asked a few days back. The most intriguing aspect of the conversation is that BlackRock seems to have revealed the first time that it owns Bitcoin. The BlackRock CIO
