SkyBridge's bitcoin investment has already climbed to more than $300 million, mostly due to price appreciation in the past couple of months.
Ray Dalio of Bridgewater Associates termed bitcoin as a good tool for portfolio diversification.
BitGo has added cap intro services, a kind of marketing activity carried out among hedge fund investors, to its crypto brokerage offering.
SkyBridge Capital is giving itself an opening to indirectly invest in bitcoin and other cryptocurrencies.
Stanley Druckenmiller’s comments about bitcoin were blown out of proportion. They were positive for crypto, but not for the reasons most believe.
Hedge fund titan Ray Dalio says bitcoin could be due for a reckoning. It didn't bother bitcoin: Prices rallied, and holders are holding on.
A steady rise in bitcoin price and a flurry of institutional adoption helping steep gains.
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