Tags : Sold

Bitcoin

Dogecoin, Musk, and $60 million NFT froth: Why Ruffer sold

Ruffer Investment Company Limited invested roughly $600 million in Bitcoin (BTC) in November 2020 but sold its exposure in April, while the crypto was still pumping and its price fluctuated between $50,000 and $65,000, profiting more than $1 billion in about five months.  According to Ruffer’s year-end review for the 12 months ending June 30, […]Read More

Bitcoin

US Feds just sold $19 million in Bitcoin. Here’s why

The Department of Justice’s Northern District of Ohio received a significant return on the confiscated Bitcoin (BTC) forfeited after Mark Alex Simon’s conviction, accused of manufacturing and distribution of fraudulent identity documents or authentication features and conspiracy to launder money, according to Toledo’s local news.  As per U.S. Attorney Bridget M. Brennan’s announcement last Thursday, […]Read More

Market

DeVere Group CEO Sold Half of Bitcoin Holdings at Christmas

Nigel Green, CEO of U.K.-based financial advisory firm deVere Group, has said he sold 50% of his bitcoin holdings over Christmas as the cryptocurrency’s price surged to new highs. Edit (12:10 UTC, Jan 4 2021): Corrected article to reflect that Green sold the bitcoin at around $25,000 at Christmas, not at the more recent all-time […]Read More