Tags : Billionaire

Bitcoin

Billionaire Ray Dalio says Chinese ‘digital’ yuan could compete with

Bridgewater Associates founder and CEO Ray Dalio says Bitcoin can see traction in the years to come, but that the digital version of Yuan, China’s national fiat currency, could ‘compete’ with it. “I think you are going to see the renminbi become a more significant, a strong currency, stable currency, more attractive-returning currency, and also […]Read More

Bitcoin

‘I felt like a moron’ for not buying Bitcoin, says

Billionaire investor Stanley Druckenmiller has recently explained why invested only $20 million in Bitcoin (BTC), skeptical of Ethereum (ETH), and prefers to pretend that Dogecoin (DOGE) doesn’t exist at all. “For the first move in Bitcoin—I think from like $50 to $17,000—I just sat there aghast. And […] I wanted to buy it every day. […]Read More

Bitcoin

Norwegian billionaire buys Bitcoin after calling for its ban last

Norwegian kroner billionaire Øystein Stray Spetalen has invested “heavily” in both Bitcoin (BTC) and local crypto exchange MiraiEx—after lambasting the crypto just last week, Finansavisen reported on Friday. Per the publication, Spetalen has recently bought an undisclosed amount of BTC as well as invested in Norwegian cryptocurrency exchange MiraiEx. By its own admission, the platform […]Read More

Bitcoin

Billionaire investor sees “good probability” of a Bitcoin ban

Billionaire investor and founder of Bridgewater Associates Ray Dalio warns that there’s a “good probability” that governments will move to ban Bitcoin. Bitcoin represents a threat to the monopoly of the supply of money The end of 2020 saw Dalio blast Bitcoin on several fronts, including a view that it’s a poor medium of exchange […]Read More

Regulation

Another billionaire moves into crypto, but New York regulators sound

Separate instances this morning saw a billionaire embrace the crypto sector and a regulator move away from it. One steps into crypto  Dan Loeb, founder and billionaire investor of Third Point, a New York-based hedge fund, said in tweets yesterday that he was “looking into” the crypto sector and assessing the various opportunities it provided. […]Read More

Bitcoin

Mexican billionaire Ricardo Salinas Pliego adds #Bitcoin to his Twitter

Mexican billionaire Ricardo Salinas Pliego took a leaf from Elon Musk’s playbook and added the Bitcoin hashtag to his Twitter bio. His profile now reads “Mexican businessman #Bitcoin.” Source: Ricard Salinas Pliego Twitter Pliego revealed last year he holds 10 percent of his liquid assets in the leading cryptocurrency. Around this time, he posted a […]Read More