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VC Chamath Palihapitiya States Bitcoin Is Ready to Cross the Chasm in 2024
10.1.2024
Chamath Palihapitiya, venture capitalist and CEO of Social Capital, explained that 2024 will be the year for bitcoin to “cross the chasm” and become a mainstream asset. Palihapitiya believes that the approval of an upcoming slew of spot ETFs will power bitcoin to become part of...
America’s Bitcoin Crossroads: Path to Leadership or Decline?
8.1.2024
In the rapidly evolving world of digital assets, the United States seems to be cautiously lagging behind, while other nations sprint ahead. This hesitance is not just a matter of policy inertia but reflects a deeper resistance. The establishment often views these emerging technologies as a threat...
VC Chamath Palihapitiya Warns of Chaos in the Equity Market Due to Debt Issues
20.6.2023
Chamath Palihapitiya, CEO of VC company Social Capital, has warned about a looming crisis in equity markets due to the issuance of low-interest debt. According to Palihapitiya, this might be the “biggest business secret hiding in plain sight right now,” as many companies won’t...
‘Crypto is dead in America’: Tech billionaire Chamath Palihapitiya
25.4.2023
Palihapitiya did concede the crypto sector has “pushed more boundaries” than other startup sectors which may have attracted the SEC’s attention
Kevin O’Leary: ‘My Crypto Exposure Is Greater Than Gold for the First Time Ever’
5.10.2021
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has revealed that he has more crypto exposure than gold for the first time. He hopes to increase his crypto allocation to 7% in the next few months, emphasizing: “I don’t see a situation where crypto’s ever going...
Virgin Galactic Chairman Chamath Palihapitiya Says Bitcoin Has Replaced Gold
4.10.2021
Virgin Galactic’s chairman and CEO of Social Capital, Chamath Palihapitiya, says bitcoin has effectively replaced gold. Having predicted that the price of the cryptocurrency would hit $200,000, the executive said bitcoin’s “market cap is just going to grow.”...
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...
Bitcoin billionaire set to run for California governor
27.1.2021
Early Bitcoin investor Chamath Palihapitiya is eying running for governor of California
Mark Cuban’s Bitcoin Plan: Run for President if BTC Hits $1 Million, Free Satoshis for Every Citizen
7.1.2021
Billionaire Shark Tank investor Mark Cuban has shared his idea of what he will do when the price of bitcoin hits $1 million. Cuban says he will run for president but only if some bitcoins are donated to the Treasury so that every citizen receives some satoshis each year he is in office. He will...
Schmuck Insurance
26.11.2020
A reading of one of the most enduring early investor arguments for bitcoin
CME’s Bitcoin Futures Rise Suggests Institutional Investors Are Starting to Swarm Toward Crypto
24.10.2020
The Chicago Mercantile Exchange (CME) has become the second-largest derivatives market for bitcoin futures in terms of open interest. The popular exchange has seen an influx of demand since the recent Paypal announcement and the Bitmex debacle as well. Data shows that the Bitcoin Mercantile...
Chamath Palihapitiya’s Social Capital Holds Bitcoin From 2013 Amid Talk of Public Listing
21.9.2020
Social Capital, the Silicon Valley venture capital and private equity investment office started by an early Facebook vice president, has held bitcoin since 2013
5000 BTC Giveaway Scam: Chamath Palihapitiya, Elon Musk Not Giving Away Bitcoin
20.5.2020
The number of bitcoin giveaway scams has been increasing rapidly amid rising prices of cryptocurrencies and deepening economic crisis worldwide. These scams claim that famous people are giving away bitcoin, such as Virgin Galactic Chairman Chamath Palihapitiya, Tesla CEO Elon Musk, and U.S....
$2 Billion Cryptocurrency Hedge Fund Industry Set to ‘Grow Significantly’
13.5.2020
Cryptocurrency hedge funds’ assets under management have been increasing significantly, rising to more than $2 billion at the end of last year, according to a recent survey. The crypto hedge fund industry is expected to “grow significantly” along with the price of bitcoin. Hedge...
Virgin Galactic’s Chamath Palihapitiya: Bitcoin Could Go to $1 Million, Everybody Should Own Some
8.4.2020
Virgin Galactic Chairman Chamath Palihapitiya has shared his bitcoin investment strategy, predicting that bitcoin’s price could reach a million dollars. He further suggested that everybody should have 1% of their assets in bitcoin since it is “a fantastic hedge.” Also read:...
Market Update: Coronavirus Fears, Stock Market Crash, and Bitcoin Price Predictions
1.3.2020
Digital currency markets have been consolidating since the initial price drop on February 26 that saw $25 billion shaved off the entire cryptocurrency market. At the time of publication, the cryptoconomy is hovering just above the $245 billion zone and a few coins today are making slight gains....
Market Outlook: Gold and Crypto Reap the Benefits of Economic Fear
10.7.2019
Cryptocurrencies have recovered from losses incurred a week ago, with many digital assets up 50-80% since July 2. For instance, eight days ago bitcoin core (BTC) tumbled to $9,650 and then back to a high of $13,150 yesterday evening. However, during the afternoon trading sessions on Wednesday, most...