Billionaire Hedge Fund Manager Raymond Dalio: ‘I Have Some Bitcoin, BTC Greatest Threat Is Its Success’
The revelation that Dalio owns Bitcoin was warmly welcomed by notable cryptocurrency investors.
Everything you need for the flagship crypto: from price movements and halving cycles to institutional adoption, on‑chain metrics and market strategy around Bitcoin. Follow how Bitcoin’s narrative evolves, why it matters to global finance, and what shifts could impact its future role as digital gold.
The revelation that Dalio owns Bitcoin was warmly welcomed by notable cryptocurrency investors.
Elon Musk’s entry into the crypto mining space can turn the tide towards green crypto mining supported by renewables. North America’s crypto mining firms have the Bitcoin Mining Council to put efforts in this direction.
Per the Goldman Sachs report, the support for the narrative that Bitcoin’s scarcity is what makes it a veritable store of value is no longer tenable.
Top regulators like FinCEN and FATF have introduced several mandatory rules of reporting transactions taking place through unhosted wallets. Reportedly, such transactions have links to money laundering and terror financing and hence greater scrutiny over them is essential.
Tightening China’s cryptocurrency regulations isn’t a new phenomenon, HSBC’s research head says. Bobby Lee, Ballet’s CEO, notes that Bitcoin will rally in the near future.
Big players of the Bitcoin community have started the bottom fishing making the most of Sunday’s market crash. Whales and miners show confidence in the BTC price going ahead.
Although the suspension of Huobi’s products is temporary, the news is expected to contribute to the growth of the existing fear that has gripped the cryptocurrency market in the past few weeks.
One company offers users a gateway to all of the leading digital exchanges like Binance, OKEx, KuCoin, Bitfinex, Poloniex. When using Atani, users do not fall foul of downtime or outages.
Alex Krüger believes the current market dip is a good entry point for those who have no knowledge of the space to get in on board.
This Bitcoin Pizza Day, Phemex is offering the developer a lucrative opportunity to deposit 10,000 BTC on the Earn Crypto platform, as a token of appreciation for his efforts in the mining space.
Catherine Wood, CEO of Ark Management, predicts that “Elon will come back and be part of [the Bitcoin] ecosystem”.
Leveraging blockchain technology, Holoride will create a premium in-car entertainment experience for content creators and users alike. Besides, the NFT integration will developers create specific utilities while retaining the value of their creations.
Both Sovryn and RSK network believe in the untapped potential power of Bitcoin, particularly in enabling the decentralized financial platforms through its huge market dominance.
According to Aya Kantorovich, head of institutional sales for FalconX, the over 30% spike in the price of Bitcoin within a few hours is a result of asset managers buying the current Bitcoin dip.
“Diamond Hands” is a popular meme by the “WallStreetBets” Reddit forum in reference to investors who believe that their investments will be eventually profitable and keep them holding even if the asset price drops.