By Jordan Lyanchev Ray Dalio, once one of the most prominent crypto critics, has made a new case for owning gold and bitcoin as he believes the United States is approaching a dangerous point in its debt cycle. The founder of Bridgewater Associates noted that investors should reduce their exposure to bonds, allocate 10%-15% of […]
Tag: US
By Jordan Lyanchev Bitcoin’s price went on a tear in the past few days, surging to its highest level since mid-May of just under $80,000 after being stuck below $65,000 for weeks and weeks. Naturally, this has changed the overall market sentiment, with on-chain data showing that investor greed is back to levels last seen […]
By Jordan Lyanchev The primary cryptocurrency experienced its most notable price recovery of the year, skyrocketing by 25% from under $65,000 to almost $80,000 within two days before its run was paused, at least for now. Although this surge is impressive on its own, Glassnode highlighted another notable development that makes it even more interesting: […]