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Paul Tudor Jones Sends Inflation Warning to Feds, Touting Bitcoin as Way to "Hedge"
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Paul Tudor Jones Sends Inflation Warning to Feds, Touting Bitcoin as Way to "Hedge"

Paul Tudor Jones revealed that he would invest in commodities, Gold and Bitcoin to serve as a hedge against inflation. Also, he will increase the allocation of Bitcoin from 2% to 5% as part of his portfolio.

Paul Tudor Jones Says Bitcoin’s Price Path to Go Up, and “Cash May be Gone” in the Next 20 Years
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Paul Tudor Jones Says Bitcoin’s Price Path to Go Up, and “Cash May be Gone” in the Next 20 Years

Billionaire Paul Tudor Jones recently said in an interview that in the next 20 years, most people would be using some type of digital currency.

NASDAQ Listed MicroStrategy Buys Up Additional $175 Million in Bitcoin
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NASDAQ Listed MicroStrategy Buys Up Additional $175 Million in Bitcoin

Bitcoin centric NASDAQ listed MicroStrategy has shored up its Bitcoin (BTC) portfolio by investing an additional US$175 Million.

Bitcoin Whales and Large-Scale Institutions “All-In” on Bitcoin During COVID-19, Retail Investors Are More Cautious
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Bitcoin Whales and Large-Scale Institutions “All-In” on Bitcoin During COVID-19, Retail Investors Are More Cautious

Coronavirus has led many investors to turn to Bitcoin as a hedge, but the way in which individual and institutional investors leverage the digital asset differ.

Bitcoin Crowned ‘Most Viewed Asset in the US’ Last Month, Along with Tesla Stock
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Bitcoin Crowned ‘Most Viewed Asset in the US’ Last Month, Along with Tesla Stock

This week, Bitcoin surged in the market again, recording new highs that have not been seen of the digital asset since June of last year.

Bitcoin’s Market Cap is Now Bigger than Bank of America After BTC Price Hit $12K
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Bitcoin’s Market Cap is Now Bigger than Bank of America After BTC Price Hit $12K

Bitcoin’s current market capitalization is now bigger than Bank of America, just slightly over $226 billion, according to CoinMarketCap’s data.

Paul Tudor Jones' Bet on Bitcoin Supported by CME’s Bitcoin Futures CFTC Data and PwC’s Latest Crypto Report
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Paul Tudor Jones' Bet on Bitcoin Supported by CME’s Bitcoin Futures CFTC Data and PwC’s Latest Crypto Report

In an annual report by Elwood Asset Management and consulting firm PricewaterhouseCoopers (PwC), the value of assets under management at cryptocurrency hedge funds has soared to $2 billion, doubling the value in 2019. Billionaire hedge fund manager Paul Tudor Jones was reportedly looking to buy Bitcoin to hedge against inflation as central banks across the world are printing money to relieve economies affected by the coronavirus pandemic.

Billionaire Paul Tudor Jones Looks to Buy Bitcoin as A Portfolio Hedge Against Inflation – Here's Why
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Billionaire Paul Tudor Jones Looks to Buy Bitcoin as A Portfolio Hedge Against Inflation – Here's Why

According to Bloomberg's report on Thursday, billionaire hedge fund manager Paul Tudor Jones is buying Bitcoin to hedge against inflation as central banks across the world print money to relieve economies affected by coronavirus pandemic. Tudor is one of Wall Street’s most seasoned and successful hedge fund managers. He is the CEO and founder of Tudor Investment Corp, which is a hedge fund company that managed $8.4 billion as of March 30, based on data from the SEC (Securities and Exchange Commission).

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