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Bitcoin News Roundup for Jan. 28, 2021

28.1.2021
With digital-market traders taking GameStop’s stock gyrations as a moment for self-reflection, CoinDesk’s Market Daily is back with the latest news roundup

Dalio Expects to Soon Offer Alt-Cash Fund, Says ‘Bitcoin Won’t Escape Our Scrutiny’

28.1.2021
"Bitcoin looks like a long-duration option on a highly unknown future that I could put an amount of money in that I wouldn’t mind losing about 80% of," Dalio said

Skybridge Capital Cofounder Says Gamestop Activity Is ‘More Proof That Bitcoin Will Work’

28.1.2021
The New York-based Skybridge Capital cofounder, Anthony Scaramucci, recently explained that this week’s Gamestop fiasco is positive for the global cryptocurrency bitcoin. Scaramucci’s statements follow the global investment manager’s recent dive into the crypto economy...

Bridgewater's Ray Dalio Sends Stronger Bitcoin Signal

28.1.2021
Ray Dalio: A video screenshot, Youtube/Financial Observer After admitting that he might be wrong about bitcoin (BTC) and suggesting that BTC may be a good asset for one to diversify their investment portfolio, Ray Dalio, American billionaire investor and founder of major global investment firm...

Prime Trust, tZERO Partner on Digital Asset Custody, Trading

28.1.2021
The integration will enable Prime Trust to manage the custody of digital securities and cryptocurrencies for its customers using tZERO for trading

Scarcity Gives Bitcoin Value, but Not the Way You Think

28.1.2021
Bitcoin is "scarce" (and therefore valuable) when demand for it exceeds the available supply, not because of its 21 million hard cap, says our columnist

Robinhood suspends buying for GameStop following stonks going 'to the moon'

28.1.2021
The video game retailer had its own GME Army pushing the price of the stock to an all-time high before platforms stepped in

WallStreetBets Reddit Group: What Is It?

28.1.2021
How an army of amateur traders from the WallStreetBets Reddit channel is turning the tables on traditional investors

Davos Watch: 'The Old World of Currency Now Has To Catch Up'

28.1.2021
Source: Adobe/Юрий Дьяконов Experts say that the coronavirus pandemic has accelerated the pace of the shift from cash to digital payments, triggering an estimated 8% rise in non-cash payments in the euro area alone last year. But at the same time, a glut of central bank digital currency (CBDC)...