Search Results for: Bridgewater

Bridgewater Associates’ Ray Dalio: China’s Yuan Will Become the Next World’s Reserve Currency

Ray Dalio, the founder of Bridgewater Associates hedge fund firm, stated that China’s digital yuan would be more competitive than the US digital dollar. The US billionaire investor accepted an interview with CNBC Monday, where he said that he is certain the US will launch a digital dollar one day, and it will be a viable … Continue reading Bridgewater Associates’ Ray Dalio: China’s Yuan Will Become the Next World’s Reserve Currency

Ray Dalio’s Bridgewater Associates Prepares to Invest in a Crypto Fund

Bridgewater Associates, the world’s largest hedge fund, announced Monday plans to back a crypto fund for the first time. The hedge fund founded by billionaire Ray Dalio disclosed that it is preparing to invest in an external cryptocurrency fund. The hedge fund firm justified its move by stating that currently, it does not have any … Continue reading Ray Dalio’s Bridgewater Associates Prepares to Invest in a Crypto Fund

Recharge Capital Appoints Former Bridgewater Associates Singapore Executive, Margaret Wang, as Managing Partner

Recharge Capital, a prominent $6B thematic-first private investment firm, has announced the appointment of Margaret Wang, previously the Executive Director and Head of Bridgewater Associates Singapore, as its new Managing Partner. Wang’s primary focus will be on leading the Women’s Health Strategy and overseeing the firm’s operations in the APAC region from its Singapore office. … Continue reading Recharge Capital Appoints Former Bridgewater Associates Singapore Executive, Margaret Wang, as Managing Partner

Billionaire Investor Ray Dalio Bearish on Cash Says Central Banks Drive Economy

Billionaire investor Ray Dalio, the Founder and CIO of Bridgewater Associates, asserted that since the 2008 Financial Crisis, the behavior of central banks like the Federal Reserve demonstrates that capital markets are no longer free. Ray Dalio believes that the Federal Reserve no longer operates within the traditional economic system and is now the market … Continue reading Billionaire Investor Ray Dalio Bearish on Cash Says Central Banks Drive Economy

Ray Dalio Sheds Light On What Constitutes A Good Investment Portfolio, and It Includes Bitcoin (BTC)

Ray Dalio, the legendary investor and founder of hedge fund giant Bridgewater Associates, has long been critical of Bitcoin but it appears that his stance may have changed over time. In an Ask Me Anything Reddit post, Dalio provided insight on what made up a good investment portfolio, and it seems as though his views … Continue reading Ray Dalio Sheds Light On What Constitutes A Good Investment Portfolio, and It Includes Bitcoin (BTC)

3 Reasons Why Bitcoin Price Will Continue Rising

Institutional money continues to flow, price volatility is subsiding, and the Federal Reserve has no plans to taper its economic relief spending—here are three reasons why the Bitcoin price will continue rising this year. Bitcoin Hedge and Economic Relief Spending At the conclusion of its FOMC meeting on Wednesday, the United States Federal Reserve voted … Continue reading 3 Reasons Why Bitcoin Price Will Continue Rising

US Government Is Likely to Ban Bitcoin, says Ray Dalio

Normal 0 false false false EN-US X-NONE X-NONE Ray Dalio, the founder of Bridgewater Associates hedge fund firm, believes that the US government could ban Bitcoin if the leading cryptocurrency becomes too successful. In an interview with Yahoo Finance, Dalio said that the history of money showed that policymakers would clamp down alternative currencies that … Continue reading US Government Is Likely to Ban Bitcoin, says Ray Dalio

Goldman Sachs Managing Director Reportedly Resigns After Making Millions from Dogecoin

Aziz McMahon, the head of emerging markets and managing director at Goldman Sachs investment bank, has resigned from his job position after allegedly making millions of dollars in profit from Dogecoin investments. According to his LinkedIn profile, the executive has been with the London branch of Goldman Sachs for 14 years. Goldman confirmed the departure … Continue reading Goldman Sachs Managing Director Reportedly Resigns After Making Millions from Dogecoin

Billionaire Investor Ray Dalio:"I Rather Have Bitcoin Than Bonds"

Ray Dalio revealed that he personally owns some Bitcoins. The founder and co-chief investment officer of the world’s largest hedge fund firm, Bridgewater Associate, said Monday. In a panel aired during the Consensus 2021 Conference on Monday, May 24, the billionaire investor disclosed that he had purchased some Bitcoins.  “The more we create savings in it, the … Continue reading Billionaire Investor Ray Dalio:"I Rather Have Bitcoin Than Bonds"

$6.2 Million Worth of Digital Yuan is Officially Piloted in Beijing

The Chinese digital renminbi is officially piloted in the capital of China-Beijing. The Chinese government plans to issue a total of $6.2 million worth of digital currency to Beijing residents through a lottery, totaling 40 million RMB. According to the Beijing Local Financial Supervision and Administration Bureau, residents of the Chinese capital can apply for a … Continue reading $6.2 Million Worth of Digital Yuan is Officially Piloted in Beijing

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