Ray Dalio owns some Bitcoin, but in an interview with CNBC on Wednesday he demonstrated that he still doesn’t understand it or believe it to be a superior store of value to gold.Ray Dalio, co-chief investment officer of Bridgewater Associates, one of the world’s largest hedge funds, owns some Bitcoin, but in an interview with CNBC on...
Ray Dalio, the American Billionaire, and Manager of the World's Largest Hegde Fund Bridgewater Associates believe regulators would try to "kill" Bitcoin if it becomes very successful. Dalio who has turned into a Bitcoin proponent after bashing it for years, recently revealed he holds Bitcoin himself and called it a better alternative to Gold. Dalio's The post Breaking: World's Largest Hedge Fund Manager...
May 25, 2021 / Unchained Daily / Laura Shin Daily Bits...
Ray Dalio, billionaire hedge fund manager during his interview at Consensus revealed that he holds Bitcoin on his portfolio. During his conversation, Dalio revealed that he would prefer Bitcoin over bond in an inflationary scenario. He said, “Personally, I’d rather have bitcoin than a bond” and added, "I hold some Bitcoin" Dalio changed his stance The post Billionaire Hedge Fund Manager Ray Dalio...
Last week, U.S. President Joe Biden passed the $1.9 trillion COVID-19 relief package while kickstarting the stimulus check bank deposits by the last weekend. As per the CNN...
Bitcoin has undergone a strong surge over the past few months, moving beyond $50,000. The digital asset's rally has largely been driven by a growth in the reputation of BTC as an investable store of value. This shift in the sentiment around Bitcoin has been strong aided by positive announcements about the asset by Wall Street investors. Not everyone on Wall Street is...
A former Bitcoin critic, Ray Dalio wrote in an investor letter today that Bitcoin may have some longevity and value in the future. Dalio's hedge fund Bridgewater Associates LLC. is looking at adding Bitcoin to its balance sheet. Ray Dalio's Hedge Fund is Looking at Bitcoin Crypto analyst...
The last week in the crypto market remained a bit exciting, not in terms of the market movement but in terms of institutional developments happening in the cryptosphere. The overall cryptocurrency market remained under pressure while losing...
Billionaire investor Ray Dalio, the chief of the world's largest hedge fund Bridgewater Associates has flipped his stand on Bitcoin and digital currencies. In his recent ask-me-anything (AMA)...
Famous investor and hedge fund manager Ray Dalio recently tweeted out a thread listing the three biggest sticking points preventing him from jumping on the Bitcoin bull train. I might be missing something about...
While a number of institutional players and hedge fund managers have turned up to Bitcoin (BTC), some personalities from the traditional investing space just continue with their Bitcoin bashing views. American stock trader...
The founder of the world's largest hedge fund and macroeconomic genius Ray Dalio recently revealed his concerns over governments banning Bitcoin. In response, we're outlining all the key reasons why this simply will not happen, and even if it did, it wouldn't stop the cryptocurrency from continuing on. Why Banning Bitcoin Won't Happen, And Governments Can't Stop It...
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