Treasury yields fell in the US as the war between Israel and Hamas rages on, with several thousand dead and wounded. Treasury yields fell in the US on Tuesday as investors consider the economic and geopolitical effects of the ongoing war between Israel and Palestinian militant movement Hamas. Early Tuesday morning, the 10-year Treasury fell over 12 basis points to 4.6571%. The 2-year Treasury yield also fell, hitting 4.9843% after losing nine basis points. Economists and investors are...
Read More »Ray Dalio Still Doesn’t Think Much of Bitcoin
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Ray Dalio – a billionaire and the founder of Bridgewater Associates – has never been a big bitcoin fan. He doesn’t seem to care for it, and he also doesn’t really seem to understand it. Ray Dalio Isn’t Quite Feeling It When It Comes to BTC Per his latest interview, it becomes apparent that this hasn’t changed,...
Read More »Ray Dalio Says BTC Is Not a Reliable Currency
Ray Dalio – the founder of Bridgewater Associates – says the financial system so many people have become familiar with is in dire straits and in danger of collapsing. He’s now pushing his interest in bitcoin aside and supporting a new inflation-linked crypto he thinks would be much safer to use. Ray Dalio On BTC: It’s Not Reliable In a recent interview, he stated bitcoin cannot be tied to anything, and that the idea that it works as a hedge against inflation is a joke....
Read More »Ray Dalio Seems to Be a Big BTC Fan
Billionaire investor Ray Dalio says he’s uber impressed with bitcoin given it has been around for so long. The currency was first introduced in 2008 through a whitepaper and was mined for the first time in early 2009. Who would have known that a simple asset would become one of the most powerful financial tools in the world just a dozen years later? Ray Dalio: Bitcoin Has Come a Long Way In some recent interviews, Dalio said the following about bitcoin and its respective...
Read More »Ray Dalio: If BTC Works, Regulators May Destroy It
In the past, Ray Dalio – a billionaire investor that started the world’s largest hedge fund – has stated that the governments of the world could potentially try to ban or take one’s bitcoin units if the asset was to be successful enough. Ray Dalio Warns Crypto Fans of Possible Government Action Now, his warning has become even more dire, with Dalio saying that governments everywhere could potentially just try to “kill” bitcoin if it goes much further. He commented that...
Read More »Ray Dalio Likes BTC, But He Likes Gold Even More
Billionaire investor Ray Dalio clearly has a soft spot in his heart for bitcoin, but when it comes to gold, it looks like that soft spot gets even bigger. In a recent interview, Dalio was quick to claim that bitcoin is like a digital version of gold, but he still values the real thing over its digital counterpart. Ray Dalio: Gold Is a Better Choice In the interview, Dalio explains jokingly: If you would put a gun to my head and you said, ‘I can only have one,’ I would...
Read More »Online Broker Thomas Peterffy Has Become a Crypto Owner
For many institutions and high-end investors, bitcoin was not always an asset worth considering. However, with the price spiking to such an immeasurable degree, it looks like 2020 and 2021 have seen many of these individuals beginning to step into the crypto foray to take advantage of the space’s growing benefits. One of these individuals is Thomas Peterffy, the founder of online brokerage company Interactive Brokers. Interactive Brokers’ Thomas Peterffy Now Owns Crypto...
Read More »Ray Dalio: The Government Could Be Harmful To BTC
Billionaire Ray Dalio has admitted that he owns bitcoin, though how much he can presently say is in his private stash remains undisclosed. Nevertheless, it is always positive to see that the big money hounds of the world are beginning to take bitcoin and cryptocurrency seriously, and thus we can likely expect to see the asset reach mainstream status in the coming months. Ray Dalio Warns Crypto Lovers of Government Regulation As a founder of one of the largest hedge funds...
Read More »Ray Dalio Warns Governments May Try to Ban BTC
Ray Dalio has become a bitcoin fan in recent months. Following the cryptocurrency’s meteoric surge beyond $50,000, the economist from Bridgewater Associates believes that the currency is making serious waves in the financial industry. Why then does he suddenly feel it’s at risk of getting banned? Ray Dalio: The Government May Try to Outlaw Bitcoin In a recent interview, Dalio claimed that bitcoin could incur the same “outlaw status” that gold did in the early 1930s, and...
Read More »Ray Dalio Has Seemingly Become a True BTC Fan
Ray Dalio is calling bitcoin “one hell of an invention.”Ray Dalio Wants to Offer Crypto to New FundsTraders from all over the world have fallen for the world’s number one digital currency by market cap. While the asset has recently lost about $10,000 off its price, the currency ultimately hit the $40,000 mark in early January, striking a new all-time high for itself, and as a result, Wall Street traders, institutions and some of the biggest financial players around are looking at bitcoin...
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