Major funds are probably interested in Bitcoin and altcoins, but four significant hurdles are preventing them from investing. In an interview with CNBC on June 14, legendary investor Paul Tudor Jones sounded the alarm over advancing inflation. After last week’s consumer price index (CPI) report showed that United States inflation had hit a 13-year high, the founder of … [Read more...] about 4 reasons why Paul Tudor Jones’ 5% Bitcoin exposure advice is difficult for major funds
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4 reasons why Paul Tudor Jones’ 5% Bitcoin exposure advice is difficult for major funds
In an interview with CNBC on June 14, legendary investor Paul Tudor Jones sounded the alarm over advancing inflation. After last week's consumer price index (CPI) report showed that United States inflation had hit a 13-year high, the founder of Tudor Investment advocated for a 5% Bitcoin (BTC) portfolio allocation.Mutual Fund companies ranked by assets under management, USD. … [Read more...] about 4 reasons why Paul Tudor Jones’ 5% Bitcoin exposure advice is difficult for major funds
Bitcoin price hits $40K as Paul Tudor Jones slams Fed inflation claims
Bitcoin (BTC) passed $40,000 on June 14 as a consolidation period snapped to unleash a solid breakout.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC price breaks out past $40,000Data from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining 3% in under an hour, reaching $40,600 on Bitstamp.The largest cryptocurrency capitalized on the upside that … [Read more...] about Bitcoin price hits $40K as Paul Tudor Jones slams Fed inflation claims