Ray Dalio sells final Bridgewater stake after predicting debt collapse
While continuing to voice economic warnings, Bridgewater founder Ray Dalio recently increased his recommended allocation to Bitcoin and gold to 15%.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
While continuing to voice economic warnings, Bridgewater founder Ray Dalio recently increased his recommended allocation to Bitcoin and gold to 15%.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Smarter Web Company Sells Bitcoin to Clear $11.7 Million Debt Facility
Bitcoin Magazine Smarter Web Company Sells Bitcoin to Clear $11.7 Million Debt Facility The Smarter Web Company has sold a portion...
Bitcoin Treasury Firm Smarter Web Sells 177 BTC in Early Debt Repayment Move
The Smarter Web Company sold nearly 178 bitcoin to repay a $11.7 million convertible instrument about two weeks ahead of schedule,...
KULR Technology sells 333 Bitcoin to repay $20M Coinbase credit facility
KULR Technology sold 333 Bitcoin for $21.5M to fully repay its Coinbase credit facility, leaving the company with 760 BTC and a de...
Ballooning US debt drives investors to bitcoin, gold as dollar weakens
Rising U.S. debt and dollar devaluation drive investors to diversify, potentially reshaping global financial markets and safe-have...
Bitcoin’s $65,000 rebound looks like a relief rally, but Wednesday’s Fed decision could turn it into a trap
Bitcoin reclaimed $65,000 on Monday as a pause in US-Iran strikes revived demand for risk assets ahead of a pivotal Federal Reserv...
Iran and Oman talks on Strait of Hormuz carry big stakes for oil markets and crypto
Negotiations impact global oil supply stability, influencing inflation, monetary policy, and crypto market dynamics amid geopoliti...