Billionaire Ray Dalio Explains Why He Likes Owning Both Gold and Bitcoin
Ray Dalio is the Founder of Bridgewater Associates, where he serves as a CIO Mentor and remains an active member of the firm's board.
Ray Dalio is the Founder of Bridgewater Associates, where he serves as a CIO Mentor and remains an active member of the firm's board.
According to a paper released Dec. 12, BlackRock suggests that a 1% to 2% Bitcoin allocation in multi-asset portfolios matches the risk levels found in portfolios holding technology stocks. The asset manager, which oversees trillions of dollars, frames this range as a strategic starting point for investors seeking diverse sources of risk.
58,000 users' personal data was potentially compromised in Byte Federal data breach. Byte Federal Suffers Data Breach Byte Federal, one of the largest bitcoin ATM providers in the U.S. has disclosed a data breach impacting approximately 58,000 users.
The Bitcoin market continues to see a lot of resistance above, extending all the way to the $104,000 region. At this point in time, the market is likely to continue to overall consolidation that we have been in for some time.
Bitcoin miners have reached a monumental milestone, earning a cumulative $71.49 billion, according to Glassnode.
In the latest episode of Galaxy Research‘s "Galaxy Brains" podcast, MicroStrategy (NASDAQ:MSTR) executive chairman Michael Saylor reflected on Bitcoin's (CRYPTO: BTC) historic rise to $100,000 and what it means for the future of digital assets. What Happened: Calling it a "numeric punctuation" and predicting that “it will be embraced,” Saylor framed the milestone as proof of Bitcoin's permanence and its maturation into a cornerstone of the financial landscape.
A leaked proposal to Russian finance minister, Anton Siluanov on the creation of a bitcoin strategic reserve in Russia, is adding to speculation about an imminent Bitcoin Space Race between the two global superpowers. This, after President-elect Donald Trump pledged to establish his own Strategic Bitcoin Reserve in the US, even suggesting part of the US debt “could be “paid off” with Bitcoin.
Australia's largest super fund, AMP, has invested $27 million of its portfolio in Bitcoin, making it the first major fund to venture into the cryptocurrency market. AMP's decision to enter into the digital asset sector comes despite the critical view from many quarters.
For the average Joe and Jane the current speed of currency debasement is going to have a major impact on their current and future wealth and savings, unless they do something about it. Could an investment into Bitcoin save them?
Investors are caught in a tug-of-war, balancing potential and risk as they await key developments.
U.S. spot bitcoin (BTC) and ether (ETH) exchange-traded funds (ETFs) enjoyed a positive momentum on Wednesday. BTC-focused ETFs brought in $223.03 million, while their ETH counterparts saw inflows of $102.03 million. Bitcoin and Ether ETFs Continue to Rally On Wednesday, the 12 U.S. spot bitcoin (BTC) exchange-traded funds (ETFs) collectively attracted $223.
The anticipation of a significant 2025 bull run keeps the cryptocurrency market highly geared up.
Babylon Chain has seen $1.2 billion worth of Bitcoin deposits in 48 hours.
Bitcoin's price prospects look promising after its recent notable upside momentum above the $100,000 pivotal milestone. This prompts a broader bullish outlook for the cryptocurrency asset to surge significantly in the upcoming weeks to unprecedented levels as the market gradually regains its uptrend.
New research from the world's largest asset manager argues that Bitcoin offers unique benefits as a portfolio diversifier while sharing a similar risk profile to S&P 500 juggernauts like Google, Amazon, Meta and Apple.
Bitcoin (BTC) price reached the $100,000 milestone for the first time on December 4 and is up 128% in 2024. Despite this strong performance, BTC's ADX of 15.8 suggests the current uptrend lacks significant strength, hinting at limited momentum behind recent price movements.
HTX, a leading global crypto exchange, made its presence as a sponsor at Bitcoin MENA 2024 in Abu Dhabi, held on December 9-10 (UTC).
Bitcoin is expected to bolster Vancouver's finances and act as a hedge against inflation.
Bitcoin (BTC) has been riding a significant wave of bullish momentum recently, with prices hitting new highs. As a result, many long-term Bitcoin holders (LTHs) are taking advantage of this rally by cashing out their holdings, realizing impressive gains of about 326%.
The Kenya National Fire Brigades Association has become the first labor union in the country, and potentially in Africa, to adopt a Bitcoin reserve.
This week was marked by several events in the world, technology and cryptocurrencies, but perhaps the most hyped was the news about Willow, a new quantum chip developed by Google. This computer solved in five minutes a problem that would take the fastest supercomputer 10 septillion years.
Thomas Peterffy advised a 2%-3% Bitcoin allocation and warned that excessive exposure and volatility could endanger portfolios.
Bitcoin price today trades at on after hitting a daily high of today after a % move on . Bitcoin Price Today: BTC's Bullish Comeback Regardless of the recent market crashes Bitcoin price today is up % and trades at.
AMP's Bitcoin investment signals a shift in super funds' approach, potentially influencing broader institutional adoption despite existing skepticism. The post Australia's big super fund allocates $27 million to Bitcoin: report appeared first on Crypto Briefing.
With Bitcoin ($BTC) still tracking around the $100,000 level, the world is preparing for the next huge stage of Bitcoin adoption. As massive institutions and sovereign countries climb aboard, the adoption curve is about to get a lot steeper.
Byte Federal, a prominent US-based Bitcoin ATM operator with over 1,200 machines nationwide, has suffered a significant data breach, compromising the sensitive information of approximately 58,000 customers. The post Bitcoin ATM Operator Byte Federal Reports Data Breach Affecting 58,000 Users appeared first on Cryptonews.
Only 0.55% of Microsoft shareholders supported investing 1% of assets in Bitcoin, showing strong skepticism. Microsoft's board opposed Bitcoin investments, citing its volatility and prioritizing stable financial strategies.
Huabao Overseas Technology C, a tech company offering Chinese investors indirect exposure to Bitcoin, has reportedly launched an advertisement promoting Bitcoin ETFs. The post Chinese Investors Offered Indirect Bitcoin Access Through Alipay Campaigns appeared first on Cryptonews.
2024 has been a great year for Bitcoin (BTC), doubling its 15-year capitalization and adding hundreds of billions of dollars. Following the institutional investors' leadership, retail is back to Bitcoin as BTC surpasses the $100,000 psychological price resistance.
A widely followed crypto analyst says that Bitcoin (BTC) is unlikely to print the same gains it did during the last market cycle.
The Vancouver City Council has approved a motion to explore the incorporation of Bitcoin into its financial systems.
Jeff Bezos, founder of tech giant Amazon, has amassed enormous wealth over the last few decades, with figures relating to his personal fortune astounding people from time to time. What happened: In one such instance from July 2020, Bezos' wealth swelled to $171 billion, according to a Bloomberg report, which at the time was more than the total value of all Bitcoins (CRYPTO: BTC) in circulation at roughly $170 billion.
Byte Federal, the operator of 1,300 Bitcoin ATMs in the US, has urged its customers to reset login credentials following a massive data breach.
In a recent vote, Microsoft shareholders disapproved a proposal to invest in Bitcoin, with 0.55% of the vote in favor. The decision clearly highlights the reluctance of conventional corporations to include Bitcoin in their reserves, despite the explosive growth of the market in recent months and overwhelming institutional adoption.
The crypto market has gained 3.3% to hit a total market cap of $3.83 trillion, with Bitcoin (BTC) regaining the psychological $100,000 level. Several altcoins are also showing bullish signals, with analysts predicting higher moves for Solana (SOL), Aave (AAVE) and Chainlink (LINK).
Both nations demonstrate that, with thoughtful planning and strong leadership, Bitcoin can be a cornerstone of national economic strategy.
Bitcoin attracts $80 billion monthly, signaling a shift to a stable store of value.
In 2024, Bitcoin (BTC) recorded triple-digit gains and even breached the long-awaited milestone price of $100,000 in early December.
Sygnum Bank states that institutional inflows will drive Bitcoin's price to new highs in 2025, while altcoin growth depends heavily on supportive US regulatory changes.
Fed expected to cut rates by 25bps, with multiple metrics suggesting BTC could continue surging.
Accumulated consistent inflows over a 13-day period for Bitcoin and Ethereum ETFs signals robust demand. Bitcoin and Ethereum ETFs on a Roll Bitcoin and Ethereum exchange-traded funds (ETFs) have been on a remarkable inflow streak over the past two weeks. This is according to data from Sosovalue which tracks the performance of ETFs. On Dec.
Bitcoin is back at $100K after dropping to $94K, but concerns are growing as BTC faces strong resistance at $104K. Will the bullrun continue, or is a major crash coming in January?
Byte Federal, one of the biggest Bitcoin ATM operators in the U.S., says a data breach exposed sensitive info from 58,000 users. The breach happened on September 30 but wasn't discovered until November 18.
United States-based Bitcoin ATM operator Byte Federal, recently fell victim to a cyberattack, where hackers exploited a vulnerability in GitLab which resulted in a significant data breach that might have exposed sensitive personal details of about 58,000 customers. This incident raises concerns over the ongoing battle against cyber threats targeting financial platforms.
Byte Federal revealed that a data breach compromised the personal information of approximately 58,000 customers. The firm is one of the largest Bitcoin ATM operators in the US.
AMP has made a $27 million investment in Bitcoin, becoming the first major superannuation fund in Australia to enter the crypto market.