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Mexico’s Second Richest Person Ricardo Salinas Pliego Is Bullish On Bitcoin

In an interview with Cointelegraph, Ricardo Salinas Pliego said he was bullish on Bitcoin calling it, “the best investment ever.” Ricardo Salinas Pliego, who is the second richest man in Mexico and chairman at conglomerate Grupo Salinas confessed to Cointelegraph in an interview that he first bought Bitcoin in 2013, when it was worth around… Read More

Goldman Sachs Says Bitcoin Is A “Retail Inflation Hedge With No Threat To Gold” Compares To Copper

Goldman Sachs’ head of commodities research Jeff Currie has stated that Bitcoin is “the retail inflation hedge” calling it not digital gold but comparing the number one digital asset to copper. Currie added, that  gold and Bitcoin can co-exist and does “not see bitcoin’s rising popularity as an existential threat to gold’s status as the… Read More

Amazon’s Twitch Director Shaan Puri Invests 25% Of His Net Worth Into Bitcoin

Shaan Puri who serves as Twitch.tv’s director has announced on Twitter that he has put 25% of his net worth into Bitcoin. Puri believes that Bitcoin presents “a rare opportunity to front-run a wave of institutional capital.” Shaan Puri, the director of Twitch, the streaming video platform owned by Amazon, announced via his Twitter account… Read More

Billionaire Hedge Fund Manager Says He “Might Be Missing Something About Bitcoin”

In a Twitter thread American billionaire hedge fund manager and philanthropist, Ray Dalio concluded that Bitcoin (BTC) is not an adequate medium of exchange nor a store of value due to its volatility. He also stated that governments could outlaw crypto assets if they became a threat to fiat currencies. Though, he also acknowledged he… Read More

Fidelity Report: “Retail Investors Will Move To Bitcoin”

One of the biggest investment firms in the world has just green lighted Bitcoin for retail and institutional investors. A new Fidelity report shares a number of bullish sentiments for Bitcoin and the crypto industry. Starting out the report expresses that it’s inevitable that retail investors jump into Bitcoin. Although, the report recently released isn’t… Read More

Bloomberg Report Predicts Bitcoin Will Be A Store of Value – Like Gold

According to Bloomberg’s 2020 crypto outlook report, which was published last week, analysts predict Bitcoin’s price could reclaim the highs of its 2019 range in 2020. A price target of $14,000 USD was suggested in the report.The factors that could drive Bitcoin higher are a weak US Dollar, stock market volatility, and rising geopolitical tensions…. Read More

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