Two weeks after GameStop (NYSE: GME) set the hedge fund sector and the entire finance world on edge with a meteoric spike and equally rapid return to earth in January, all eyes will be on the cryptocurrency sector as Wall Street returns from the President’s Day holiday on Tuesday. Like GameStop did last month, Dogecoin’s …
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Dalio Endorses Crypto as Alternative to Gold
Founder of the world’s largest hedge fund, Ray Dalio, a skeptic of bitcoin, has changed his mind and now says cryptocurrency should be a part of a well-balanced investment portfolio. The founder of Bridgewater Associates says that bitcoin “could serve as a diversifier to gold and other such store holds of wealth assets.” Dalio has …
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