Hedge fund manager Bob Prince has warned that the recent sell-off in the U.S. government bond market could accelerate and this could “threaten high-flying assets” like cryptocurrencies and blank cheque companies. Prince, who is the co-CIO at Bridgewater Associates, links this looming downturn in the $21 trillion Treasury market to the improving economy as well,
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According to digital asset investment manager, CoinShares, institutional-grade crypto asset investment products inflows have already reached record levels so far in 2021. According to Coinshares’ March 15 Fund Flows Weekly report first quarter inflows into cryptocurrency funds are up 7.7% and already total $4.2 billion, smashing the quarterly record of $3.9 billion set in Q4
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Billboards saying “Bitcoin is the future,” featuring laser eyes, can now be seen in the Netherlands. They are part of an election campaign for Robert Valentine, the chairman of the Dutch Libertarian Party and candidate for the upcoming parliamentary election. Dutch Pro-Bitcoin Parliamentary Candidate With Laser Eyes on Billboards The Dutch Libertarian Party candidate for
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Users of major privacy-oriented messaging app Signal can now support the project with cryptocurrencies like Bitcoin (BTC). Signal officially announced Monday that the platform has started accepting crypto donations as a form of support for the Signal Technology Foundation, the nonprofit organization behind the app. “As a nonprofit organization, we depend on your support. If
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New details have emerged suggesting that the Indian government will go ahead with banning cryptocurrency, in contrast to what the crypto community believes. In her latest interview regarding cryptocurrency legislation, India’s finance minister said that there will be a window for experimentation for cryptocurrency, blockchain, and fintech. Reports of India Banning Cryptocurrency The Indian crypto
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Austria-based cryptocurrency firm Bitpanda has closed a $170 million funding round to further the firm’s international growth. The latest Series B funding round was led by Valar Ventures, a venture capital firm backed by PayPal co-founder Peter Thiel, Bitpanda announced on Tuesday, and featured partners from Yuri Milner’s investment firm DST Global, which is known
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Bitcoin (BTC) price has rallied 22.5% in March, but as the price moved up, some buyers began to use excessive leverage, according to derivatives data. Meanwhile, futures open interest reached a $22.5 billion record-high, causing investors to question how sustainable the current rally is. Being optimistic, especially during a bullish market, can’t be deemed worrisome.
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