Category: Bridgewater Associates

Digital yuan will be more competitive than digital dollar, says Bridgewater’s Ray Dalio

Digital yuan will be more competitive than digital dollar, says Bridgewater’s Ray Dalio

Ray Dalio, a billionaire investor and the founder of the world’s largest hedge fund Bridgewater Associates, has said that the digital yuan will be more competitive than the digital dollar. In an interview with CNBC on Monday, Dalio said he thinks the U.S. will issue a digital dollar one day and it may be a […]

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Bridgewater Associates’ Ray Dalio Warns Crypto’s Success Could Bring Tough Regulation

Bridgewater Associates’ Ray Dalio Warns Crypto’s Success Could Bring Tough Regulation

Bridgewater Associates founder Ray Dalio has warned that cryptocurrency’s biggest risk is its own success. He explained that it could attract regulators to come down tough on the crypto industry because “as a storehold of wealth no government wants to have an alternative currency.” Crypto’s Success May Attract Tough Regulation Ray Dalio, the founder of […]

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Goldman Sachs MD Becomes Dogecoin (DOGE) Millionaire, Quits Company

The latest market rally for Dogecoin (DOGE) has helped investors become crypto millionaires. The latest report in the town is that a London-based Goldman Sachs executive has become a millionaire with his Dogecoin investments. As per the report from eFinancialCareers, Aziz McMahon, a managing director and head of emerging market sales at Goldman Sachs in […]

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Bitcoin services firm NYDIG hires CFO of Bridgewater Associates, the world’s largest hedge fund

Bitcoin trading and custody services provider NYDIG has hired John Dalby, CFO of Bridgewater Associates, the world’s largest hedge fund, as its CFO. Dalby is joining NYDIG as the firm is experiencing rapid growth. NYDIG recently raised more than $300 million from a group of strategic partners, including Morgan Stanley, New York Life, and MassMutual. […]

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An executive at Bridgewater, the world’s largest hedge fund, unpacks bitcoin’s role in the macro picture

Bridgewater, the world’s largest hedge fund, isn’t convinced by the bitcoin narrative yet, but it’s listening. On this week’s episode of The Scoop, Bridgewater’s director of portfolio strategy Jim Haskel said he’s not surprised by the growing institutional interest. Bridgewater founder Ray Dalio previously said he didn’t see bitcoin’s merits as a currency, but he […]

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Bridgewater’s Ray Dalio Warns Government Could Restrict Bitcoin Investments, Impose ‘Shocking’ Taxes

The founder and chief investment officer of Bridgewater Associates, the world’s largest hedge fund firm, has warned that the government could “impose prohibitions against capital movements” into assets such as bitcoin. He added that regulators may also impose changes in taxes that “could be more shocking than expected.” Ray Dalio Warns About Government Prohibitions and […]

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Hedge Fund Manager Says Sell-off in US Treasury Bonds a Threat to ‘High-Flying Assets’ Like BTC

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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Bridgewater’s Patterson explains what could make the world’s largest hedge fund invest in bitcoin

Rebecca Patterson,‎ director of investment research at Bridgewater Associates — the world’s largest hedge fund manager, has explained what could make the firm invest in bitcoin. In an interview with Bloomberg TV on Wednesday, Patterson said, firstly, bitcoin’s volatility needs to be reduced. “Right now, bitcoin can move 10% on a tweet. That’s not exactly a […]

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World’s Largest Hedge Fund Bridgewater Has Crypto Plans — Founder Ray Dalio Calls Bitcoin ‘One Hell of an Invention’

World’s Largest Hedge Fund Bridgewater Has Crypto Plans — Founder Ray Dalio Calls Bitcoin ‘One Hell of an Invention’

The founder and chief investment officer of Bridgewater Associates, the world’s largest hedge fund firm, has clarified his view on bitcoin and cryptocurrency. Ray Dalio also reveals that he and his colleagues at Bridgewater “are intently focusing on alternative storehold of wealth assets.” Bridgewater Founder Ray Dalio ‘Greatly’ Admires Bitcoin Ray Dalio, founder and chief […]

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Ray Dalio confirms that Bitcoin is on the radar of his $150 billion hedge fund

Dalio has described Bitcoin as one hell of an invention and revealed that it’s on his $150 billion hedge fund’s radar. One River Asset Management’s Eric Peters has also described Bitcoin as greatly undervalued, just weeks after making what’s possibly “one of Bitcoin’s largest trades.” One of the world’s most revered investors and hedge fund […]

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