Tags : investor

Bitcoin

Macau casino investor bets on Bitcoin (BTC) amidst a bleak

Chinese publicly listed firm Success Universe Group Ltd, which is a major investor in Macau-based casino and hotel resort Ponte 16, announced that it has purchased 24.3 Bitcoin ($1.35 million currently) as part of its portfolio diversification strategy, Inside Asian Gaming reported today. “In recent times, the Board observed increasing popularity of cryptocurrencies in the […]Read More

Bitcoin

Investor who predicted a $400,000 Bitcoin is now calling for

Scott Minerd, chief investment officer of famed investment firm Guggenheim Partners’, says Bitcoin (BTC) could see a 50% drop in the near term as it’s run ‘too far, too fast.’ He made the comments in an appearance on CNBC show Worldwide Exchange yesterday. Guggenheim made it to the crypto history books last year after putting […]Read More

Bitcoin

Legendary investor who bought Bitcoin at $350 says this rally

American investor Bill Miller says Bitcoin’s (BTC) fabled bull run is only getting started despite the asset’s nearly 700% price increase in the past year, a report on news outlet CNBC stated today. Miller is famed for beating SP-500 index returns over a 14-year period—from 1991 to 2005—a feat that made him one of the […]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

Bitcoin

Wall Street investor advises more investors to put a few

A large narrative over the past few months is the introduction of institutional capital to the Bitcoin space. It began in 2020 with Paul Tudor Jones, a billionaire Wall Street investor who put a few percent of his fund into BTC futures. He did this in preparation for the May halving, writing that Bitcoin’s scarcity […]Read More