Buffett Bet 2.0: Asset Manager Wagers Cryptocurrency Fund Will Beat S&P 500

Finance Cryptocurrency asset manager Morgan Creek Digital is betting $1 million that its crypto fund will outperform the S&P 500, calling the challenge Buffett Bet 2.0 to mimic the billionaire investor’s famous bet. The wager is expected to be taken by “someone who is bullish on the S&P 500, or someone who thinks cryptocurrencies are […]

El-Erian: Crypto Will Become ‘More Widespread’ But Not ‘Dominant’

Allianz chief economic advisor Mohamed El-Erian said Tuesday that he believes cryptocurrencies will become more “widespread” but as part of a broader ecosystem. During his appearance at CoinDesk’s Consensus: Invest conference in New York, El-Erian said he thinks cryptocurrencies like bitcoin are commodities rather than currencies, reiterating a view he has expressed in the past. […]

George Soros Is Rumored to Be Investing in Cryptocurrency

News Billionaire octogenarian George Soros is reportedly taking an interest in cryptocurrency trading. If true, the move would be a remarkable turnaround for the business magnate, who’s previously been scathing of bitcoin, calling it a bubble and a tool of dictators. Also read: George Soros: Bitcoin is Propped Up by Dictators Soros […]

Bill Gates Says Crypto Has Caused Deaths in a Fairly Direct Way

Featured One of the world’s most affluent persons, Bill Gates, appears to have bought in to the rhetoric of popular media and government law enforcement accounts. Recently, Mr. Gates and his wife submitted to a Reddit Ask-Me-Anything (AMA), and Mr. Gates’ gave some unusual views on cryptocurrency.   Also read: How To Regain […]