Crypto Biz: Another billionaire admits he was wrong about Bitcoin, Feb. 25–Mar. 3 By Cointelegraph
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© Reuters After spending years ridiculing and cryptocurrency, Wall Street’s billionaire class is finally warming up to the idea of virtual assets powering the digital economy. This week, Citadel founder and billionaire Ken Griffin formally backtracked on his anti-crypto stance as he announced that his firm would begin offering digital assets to its clients. Of course, Griffin isn’t the only wealthy investor to have a change of heart, so we’re not going to bust his chops too much.
So, while crypto analysts continue to debate about whether we are in a bull or bear market, institutions, venture capitalists and ordinary people continue to adopt digital assets. As we see in Eastern Europe, trustless money like Bitcoin offers a unique value proposition in times of geopolitical uncertainty and conflict.
Billionaire admits he was wrong about Bitcoin as Citadel looks to crypto markets
DCG announces $250M share repurchase for Grayscale products
Payment services provider Shift4 acquires The Giving Block for $54 million
South Korean crypto market grows to $45.9B in 2021 despite strict regulations
Before you go!
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Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
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© Reuters After spending years ridiculing and cryptocurrency, Wall Street’s billionaire class is finally warming up to the idea of virtual assets powering the digital economy. This week, Citadel founder and billionaire Ken Griffin formally backtracked on his anti-crypto stance as he announced that his firm would begin offering digital assets to its clients. Of course, Griffin isn’t the only wealthy investor to have a change of heart, so we’re not going to bust his chops too much.
So, while crypto analysts continue to debate about whether we are in a bull or bear market, institutions, venture capitalists and ordinary people continue to adopt digital assets. As we see in Eastern Europe, trustless money like Bitcoin offers a unique value proposition in times of geopolitical uncertainty and conflict.
Billionaire admits he was wrong about Bitcoin as Citadel looks to crypto markets
DCG announces $250M share repurchase for Grayscale products
Payment services provider Shift4 acquires The Giving Block for $54 million
South Korean crypto market grows to $45.9B in 2021 despite strict regulations
Before you go!
Continue Reading on Coin Telegraph
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
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