World’s Largest Hedge Fund Bridgewater Has Crypto Plans — Founder Ray Dalio Calls Bitcoin ‘One Hell of an Invention’ – Featured Bitcoin News

The founder and chief investment officer of Bridgewater Associates, the world’s largest hedge fund firm, has clarified his view on bitcoin and cryptocurrency. Ray Dalio also reveals that he and his colleagues at Bridgewater “are intently focusing on alternative storehold of wealth assets.” Bridgewater Founder Ray Dalio ‘Greatly’ Admires Bitcoin Ray Dalio, founder and chief investment officer of Bridgewater, has clarified his view on bitcoin and revealed what his company has in store for cryptocurrency. With about $140 billion in assets under management, his hedge fund is the largest in…

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Tesla & SpaceX Adding BTC to Their Balance Sheet is Inevitable – Pomp

Quick take: Anthony Pompliano sees Tesla and SpaceX adding Bitcoin to their balance sheet This comes after Elon Musk changed his Twitter bio to simply read ‘Bitcoin’ Bitcoin has since rallied from the $32k price area to around $38k Back in late December, Michael Saylor had suggested that Elon convert Tesla’s balance sheet to Bitcoin Popular Bitcoin bull and crypto personality, Anthony Pompliano, has forecasted that it is ‘now inevitable’ that Tesla and SpaceX will add Bitcoin to their Balance sheet. Below is the tweet by Mr. Pompliano making the…

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Fidelity Optimistic About Bitcoin Regulation Under Biden Administration — Sees Strong Institutional Demand – Bitcoin News

Fidelity Digital Assets President Tom Jessop has shared his view on the future of bitcoin and cryptocurrency regulation under the Biden administration. He confirms that Fidelity is seeing strong demand for bitcoin from institutional buyers. Fidelity Digital Assets’ Head Optimistic About the Future of Bitcoin Jessop explained what he expects in terms of cryptocurrency regulation from the Biden administration in an interview with CNBC last week. Jessop is head of Corporate Business Development for Fidelity Investments and president of Fidelity Digital Assets. He began by talking about Joe Biden’s pick…

Fortnite founder says NFT tech “going places,” but currently “speculative mess”

Tim Sweeney, the co-founder of the studio behind titles such as Hitman, Gears of War, and the wildly popular Fortnite said in a Tweet today that non-fungible token (NFT) tech and the ‘metaverse’ it one day may enable are “going places,” but due to factors such as transactions costs and the “wild, speculative mess” that makes up much of crypto today, the dream of “a persistent, live digital universe” might be far off.  Sweeney made his comments in response to a blog titled “Into The Void: Where Crypto Meets The…

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FTX Token (FTT) rallies 105% as interest in derivatives trading grows

FTX is a cryptocurrency derivatives exchange backed by Alameda Research, a quantitative trading firm and crypto liquidity provider.  The exchange launched in April 2019 and offered the usual spot trading, inverse swaps and futures contracts that can be found at other major platforms. By early 2020, the exchange launched its daily and weekly binary BTC options markets. FTT/USDT daily chart. Source: TradingView FTT is the exchange’s native token and it’s issued on the Ethereum blockchain. FTT stakers are granted a trading fee discount based on a tiered system and other…

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