Bridgewater Associates founder Ray Dalio, who has in the past has said he owns some bitcoin BTC$92,123.27, put a clearer figure on it, saying it’s been about 1% of his portfolio for some time. However, the hedge fund mogul said bitcoin still faces significant structural challenges before it can realistically be considered a global reserve
Bitcoin’s recent slide below $90,000 has shaken a key narrative, that of growing institutional demand, crypto market analysts explain. Summary Bitcoin is under pressure as low ETF demand cools the crypto markets $800 million in forced BTC liquidations shows excessive leverage Bitcoin is likely to stabilize at $89,000–$95,000 range With Bitcoin falling below $90,000, markets
Whales have begun adding Bitcoin and Ethereum to their wallets even as the broader market shows strong signs of fear. Their activity comes during a sharp drop in the sentiment index, which has returned to levels last seen in mid-2022. Dormant Bitcoin Whale Resurfaces According to Onchain Lens, a dormant Bitcoin whale became active again
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Ray Dalio, founder of Bridgewater Associates and one of the world’s most influential macro investors, said he has only invested “a small percentage” in Bitcoin and that the asset still faces serious structural hurdles to becoming a global reserve currency. Speaking on CNBC’s Squawk Box, Dalio reiterated his years-long cautious stance, stating that Bitcoin carries
Crypto pundit Andrea has shared a 3-month scenario for Bitcoin that shows the flagship crypto could suffer a massive crash. This crash is expected to follow BTC’s rebound and an end-of-year rally to new highs. Pundit Projects Bitcoin Crash To $60,000 After Rebound To New Highs In an X post, Andrea shared an accompanying chart
Rep. Warren Davidson (R-OH) introduced today the Bitcoin For America Act in the U.S. House of Representatives, a landmark proposal designed to modernize the U.S. financial system and position the nation at the forefront of the global digital asset economy. The bill would allow Americans to pay federal taxes in bitcoin, with all proceeds deposited
The Bitcoin-to-gold ratio just broke through a support line that has held this market together for years. According to Bloomberg’s Mike McGlone, this is not just a hiccup; it is a warning shot that the BTC/gold market is heading straight toward the 13x zone, which would mean a 30% drop from the current level in
According to a CryptoQuant analysis, Bitcoin has entered its most bearish phase since the current bull market began two years ago. For context, Bitcoin (BTC) continues to slide, pulling the broader crypto market down with it. After reaching a high above $126,000 on Oct. 6, the crypto firstborn has now dropped more than 28%, erasing