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Ray Dalio Owns Bitcoin. He’s Still Nervous About Quantum Computing, Central Bank Adoption

Ray Dalio, the billionaire investor, reiterated his preference for gold over Bitcoin, highlighting concerns about advances in quantum computing that could threaten cryptocurrency security. In a recent CNBC interview, he emphasized that while Bitcoin allows for personal safeguarding using an internet connection, it still relies on external networks for transactions. Dalio's longstanding apprehensions about Bitcoin's durability and its potential role in central bank operations remain. He mentioned that a small portion of his wealth, about 1%, is held in Bitcoin. In contrast, he views gold positively due to its tangible nature as a stable store of value that does not rest on others for security. Dalio's comments also reflect broader worries about rising global debt levels, which he believes could lead to significant economic challenges.

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Myriad Moves: Markets Grow Bearish on Bitcoin and Ethereum as Rate Cut Odds Tumble

The cryptocurrency market is experiencing a bearish trend as Bitcoin and Ethereum prices continue to decline, leading predictors on Myriad to adjust their outlooks significantly. Bitcoin has dropped to below $87,000, marking a decline of over 30% since its all-time high of $126,000 in early October. Predictors now

Bitcoin Sell-Off Driven by Mid-Cycle Holders

Bitcoin's recent downturn is primarily attributed to mid-cycle holders according to asset management firm VanEck. These holders, defined as those who have moved their coins within the last five years, are responsible for the majority of the selling pressure, while long-term holders, or 'whales,' have maintained

Crypto Lobbyists Pitching Trump on Getting Things Done During Congress' Uncertainty

Crypto lobbyists are directly appealing to President Donald Trump for assistance with various federal policy changes amid Congress's delays in digital asset legislation. Over 60 groups, including the Solana Policy Institute and the Blockchain Association, penned a letter requesting the administration's intervention on issues such as

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