Cryptocurrency Analysis and News Portal
Ray Dalio, the founder of the world’s largest hedge fund, Bridgewater Associates, has offered a more positive stance on bitcoin than in comments that made headlines last month.In a Reddit Ask Me Anything (AMA) on Tuesday, Dalio said he thought bitcoin and other cryptocurrencies had “established themselves” over the last
Read More
Galaxy Digital founder and CEO Mike Novogratz is encouraging investors to devote a larger percentage of their portfolios to crypto.In an interview with CNN’s Julia Chatterley today, Novogratz said he had “changed his tune” on previous advice that investors should allocate roughly 1% of their net worth to Bitcoin (BTC)
Read More
With the company locked in the S&P 500 index, some analysts expect the Tesla management to further split the shares to secure a position in the Dow Jones index next year.As the year comes to an end, Tesla Inc (NASDAQ: TSLA) investors are among the most satisfied in the stock
Read More
Singapore is funding blockchain R&D. Germany’s second-largest stock exchange’s crypto app saw $1.21 billion in trading volumes this year. Grayscale is seeing a growing number of “Ethereum-first” institutional buyers. Top shelfEthereum investorsThere’s a growing class of institutional buyers interested in gaining exposure to ether, Ethereum’s native currency, at Grayscale, said the
Read More
It is frustrating. But at the same time, interesting.Over the past couple of weeks, I’ve heard two well-respected investment managers say that they don’t believe in bitcoin’s supply limit. If it’s easy to spin up another Bitcoin, they claim, then there is really no limit. Most of you reading this
Read More
While bitcoin was the first stop for most investors before this year, a growing number of people are paying attention to Ethereum in its own right in 2020, Michael Sonnenshein, managing director at Grayscale Investments LLC, said. “Over the course of 2020 we are seeing a new group of investors who
Read More
Bitcoin was lower, retreating after rallying over the past 24 hours to a new all-time-high price of $19,920, based on CryptoX’s Bitcoin Price Index. Cryptocurrency analysts predicted bullish traders might next target the $20,000 threshold, though the market could struggle to break through if large potential holders choose to take profits at
Read More
The research arm of New York-based AllianceBernstein, a global investment manager with $631 billion in assets under management, has had a change of heart when it comes to bitcoin as an investment asset.In a research note produced for clients, seen by CryptoX, Inigo Fraser Jenkins, co-head of the portfolio strategy
Read More
Initial token sale platform CoinList has revealed that more than 6,700 investors participated in Oasis Network’s “ROSE Garden” token drop.The ROSE Garden token drop was designed to ensure an equitable token distribution and attract robust participation from stakers for the launch of the project’s mainnet. It allowed investors to lock
Read More
For the second year in a row, the Internal Revenue Service (IRS) is warning cryptocurrency investors they underreported their holdings. But it may be another false alarm.“Dozens of individuals” recently received notices that they owe taxes on gains from crypto holdings that they did not report when filing in 2018,
Read More