Ray Dalio, the billionaire investor ad founder of hedge fund Bridgewater Associates with over $150 billion Assets Under Management (AUM) has made a good case that Bitcoin could get outlawed just as Gold was outlawed in the Reserve Act of 1934.
Author: Godfrey Benjamin
Godfrey Benjamin
Godfrey contributed to Blockchain Journal between 2020 and 2021, covering cryptocurrency markets and blockchain-related developments with a focus on technical analysis and market structure. His reporting examined price behavior, network activity, and on-chain signals to provide contextual insight into market dynamics.
The major drop in the price of Bitcoin, the world’s first and largest cryptocurrency by market capitalization in the past 24 hours has stirred a market-wide selloff.
FTX Derivatives Exchange has secured a naming right to Miami-Dade County’s NBA stadium, a deal that is going to span 19 years up to the year 2040. Per the official announcement from the county, the agreement now goes to the Miami-Dade County Board of County Commissioners for Board approval at a special meeting scheduled for Friday, March 26.
Elon Musk, the Chief Executive Officer of electric vehicle maker, Tesla Inc has revealed that the company has integrated capabilities to begin accepting Bitcoin (BTC) for the entire range of its EV cars. Taking to Twitter, the iconic Tesla boss tweeted the news to the delight of the entire hoard of BTC enthusiasts on the social media platform.
The United States-based cryptocurrency exchange Gemini, founded by Bitcoin billionaires Tyler and Cameron Winklevoss has announced the support for new decentralized finance (DeFi), Non-fungible Token (NFT), gaming, and infrastructure tokens on its platform.
The United Kingdom’s Financial Conduct Authority (FCA) has released the finding of a report that digs deep into the behavior of younger investors, particularly those who bet on Forex and cryptocurrency offerings.
The Danish Red Cross has launched a Volcano catastrophe bond in conjunction with partners from the private and humanitarian sectors. As reported by the Continuity, Insurance & Risk (CIR) Magazine, the Catastrophe bond, shortened as Cat Bond seek to raise $3 million in advance of the eruption of any of the ten earmarked volcanoes.
Veteran football player and five-time Champions League winner Cristiano Ronaldo makes history as the first football star to be paid in cryptocurrency.
Strategists from American multinational investment bank and financial services holding company, Bank of America, has noted that significant capital inflows can positively sway the price of Bitcoin (BTC), the world’s largest digital currency. According to a Bloomberg report, the Bank of America strategists led by Francisco Blanch noted that the market needs just $93 million worth of inflows to move Bitcoin’s price by one percent.
English Premier League leaders Manchester City FC has partnered with popular social token and fan engagement platform Socios.com to launch its own $CITY Fan Tokens. According to the official announcement, the tokens which are created on the Chiliz blockchain will help the club’s fans across the globe to access VIP rewards, Club promotions, games, AR-enabled features, and voting rights in certain binding and non-binding Club polls on Socios.com.