Paul Tudor Jones Predicts Inflation Surge, Advocates for Bitcoin Investment
Veteran investor Paul Tudor Jones is betting on Bitcoin and other commodities, forecasting inflation in the U.S. after the November presidential election. In an interview with CNBC on Oct. 22, Jones expressed his investment preferences, saying, “I likely hold a mix of gold, Bitcoin, commodities, and NASDAQ [tech stocks], and I would completely avoid fixed […]
Tesla Expected to Retain $780M in Bitcoin Holdings Despite Recent Moves: Arkham
Tesla likely still holds its $780 million worth of Bitcoin, despite moving the funds to unknown wallets on Oct. 15, says blockchain analytics firm Arkham Intelligence. In an Oct. 22 post on X, Arkham explained that the recent Bitcoin transfers were likely “wallet rotations,” meaning Tesla still controls the funds. On Oct. 15, Tesla split […]
Bitcoin ETF Sees $79M Outflow, Halting 2-Week Rally Amid Stagnant BTC Price Movement
Institutional investors are slowing down their recent Bitcoin buying spree as BTC’s price stabilizes. For the first time in two weeks, inflows to US spot Bitcoin ETFs turned negative, according to data from firms like Farside Investors. BTC price action, staying within 10% of its all-time high, is affecting institutional interest. On Oct. 22, US […]