Billionaire hedge fund manager Paul Tudor Jones II revealed that he is investing heavily in gold and Bitcoin (BTC) as he expects inflationary pressures will persist regardless of who wins the 2024 US presidential election. Speaking on CNBC's “Squawk Box” on Oct.

Billionaire hedge fund manager Paul Tudor Jones, CEO of Tudor Investment Corporation, highlighted the growing threat of inflation in a recent interview with CNBC, describing Bitcoin and gold as essential assets amid rising recession fears in the United States.

Core Scientific has revealed that Coreweave has chosen to expand its high-performance computing (HPC) infrastructure by another 120 megawatts (MW), pushing the total contracted capacity to around 500 MW. Core Scientific and Coreweave Extend Partnership This contract extension could bring Core Scientific's (Nasdaq: CORZ) total revenue up to $8.7 billion over the next 12 years.

See the latest Bitcoin price prediction from a crypto CEO who forecasts BTC could reach $1,000,000, while ETFSwap (ETFS) and Cardano (ADA) are also expected to rally by 700%.

Traders expect Bitcoin downside price action to continue but also agree that in the coming weeks, $73,000 could occur “fairly quickly.”

Billionaire investor Paul Tudor Jones is worried about U.S. federal debt—and sees inflation coming as a result. He's betting on Bitcoin.

MicroStrategy CEO Michael Saylor has dismissed the idea of a government seizure of Bitcoin as a “trope” while advocating for custodianship through large financial institutions over self-custody. In a recent appearance on the “Markets with Madison” podcast, Saylor addressed concerns from what he called “paranoid crypto-anarchists” who fear such seizures.

The introduction of options on spot bitcoin ETFs is expected to increase volatility for the underlying asset, according to analysts.

"All roads lead to inflation," said billionaire hedge fund manager Paul Tudor Jones when asked if he is long on gold and Bitcoin (BTC) amid the global financial firestorm. He then goes on to reveal that he is indeed long on both the major cryptocurrency and the precious metal.

BitFuFu is no longer exclusively a cloud miner as it transitions to a more resilient portfolio.

Today, on October 22nd, 2024, the crypto market saw a small drop, amid geopolitical tensions and electoral uncertainties in the United States. Meanwhile, the total value of all cryptocurrencies fell by 2.2%, down to $2.34 trillion.

Indian regulators are considering banning private cryptocurrencies like Bitcoin and prefer the potential of central bank digital currencies (CBDCs) to offer safer and more inclusive financial systems, according to local media reports. The government has consulted key institutions on the issue, and many favor prohibiting private cryptos.

Bitcoin is finding support in the $66,500 to $65,000 zone and Bitcoin ETF inflows suggest traders are buying the dips. Will altcoins follow?

Michael Saylor, co-founder and executive chairman of MicroStrategy, revealed on a recent podcast with The New Zealand Herald that he intends to donate his Bitcoin wealth to humanity.

Exactly six years ago, Tesla CEO Elon Musk asked his 23 million followers whether they would want to buy some Bitcoin.

Documentary filmmaker Cullen Hoback stands by his allegation Todd is Satoshi Nakamoto despite his denial.

Increased Bitcoin adoption has sparked retail investment in the space. While traditional and institutional investors take the lion's share of the recent spike, retail traders are also picking up the pace.

Bitcoin's recent rally attracts retail investors back to the market, as on-chain data reveals a surge in small-value transactions.

The Lightning Network is a scaling solution for Bitcoin, enabling fast and inexpensive payments that make everyday transactions with Bitcoin possible. As the network grows, it's essential to measure its health and efficiency accurately, so we can unlock its full potential.

Michael Saylor, founder and executive chairman of MicroStrategy behemoth, has published a “special” tweet about Bitcoin. This coincided with the world's flagship cryptocurrency plummeting below the $67,000 price level.

“It's like your dial-up internet became broadband because the Bitcoin price went up,” according to the CEO of Amboss Technologies.

Satflow, a newly launched decentralized exchange (DEX) focused on Bitcoin Ordinals and Runes trading, aims to address the long-standing issue of mempool sniping—a major problem that has frustrated traders in the Bitcoin (CRYPTO: BTC) ecosystem. Officially launched on Tuesday, Satflow introduces a mempool-first approach for pro traders, offering 0% fees and liquidity incentives through its “Satflow Flux” points.

River introduces a new product offering 3.8% interest on USD cash deposits, paid in bitcoin, providing a secure way to accumulate BTC while keeping USD stability.

According to Bitcoin on-chain data sites, bitcoin mining hashrate's 7-day moving average crossed the 700 EH/s mark, reaching a new all-time high. The hashrate is currently over 13% more since the Bitcoin halving event in April.

Bitcoin bull Anthony Pompliano recently ignited a wave of curiosity in the crypto community with a seemingly cryptic tweet. Pompliano's tweet simply read "$35,770,000,000,000," a figure that immediately caught the attention of his followers and the broader crypto community.

On Tuesday, October 22, Billionaire investor Paul Tudor Jones, founder and chief investment officer of Tudor Investment Corporation, joined Andrew Ross Sorkin on CNBC's “Squawk Box” to discuss the pressing issues surrounding the upcoming U.S. presidential election, the state of the U.S. economy, and the looming threat of a debt crisis.

Bitcoin faces limited time to convince that it is "actually strong" as cooling BTC price action sticks around.

Bitcoin faces limited time to convince that it is “actually strong” as cooling BTC price action sticks around.

Billionaire investor Paul Tudor Jones has just said that inflation is inevitable, adding that his strategy was to invest in assets like gold and Bitcoin—not fixed-income investments. He thinks the only way to escape this debt crisis is by inflating the economy.

The broader digital currency ecosystem slipped, with Bitcoin (BTC) leading the losses and altcoins followed suit. However, the price reversals have pushed many digital currencies in search of a price floor that can fuel their imminent rebound.

Trusted US Bitcoin exchange River now offers a bitcoin yield on dollars through its Bitcoin Interest on Cash feature — a great addition to the platform for Bitcoin enthusiasts and normies alike.

U.S. Bitcoin exchange-traded funds have captured institutional demand after legacy firms initially expressed skepticism toward Wall Street's new crypto asset class.

Paul Tudor Jones, the billionaire hedge fund manager, said in a CNBC interview, “I am long gold, I am long Bitcoin”. This is indicating his bullish stance on the two assets.

Gold proponent and renowned economist Peter Schiff has predicted that MicroStartegy's MSTR stock could eventually crash. Such a development would be significant for Bitcoin, considering how much stake the software company and its co-founder, Michael Saylor, have in the BTC ecosystem.

BlackRock, the giant asset manager and the largest provider of spot Bitcoin Exchange Traded Fund (ETF) in the United States, has been making waves in the cryptocurrency space with its strategic Bitcoin (BTC) acquisitions. On October 21, 2024, BlackRock made another significant purchase of 4,869 BTC, worth $328 million, according to blockchain transaction tracker Lookonchain.

Key Points:

The Bitcoin price briefly crashed below $67,000 on October 21, although it quickly reclaimed this level as support before the daily close. This price decline is believed to be due to its correlation with the stock market, which also experienced a drop of its own.

Sminston With, a crypto analyst, has predicted that Bitcoin's (BTC) price could surpass $200,000. This forecast came on the same day that the Bitcoin price failed to hit the widely expected $70,000 mark.

The Bitcoin market continues to see a lot of noisy behavior, as we are getting a little close to the top of the range that we have been in since February. Ultimately, this is a market that continues to look sideways, but also “leaning to the upside overall.

Bitaxe founder Skot not only created the first ever open-source ASIC-based Bitcoin miner, but he's inspired over 4,000 others to contribute to open-source Bitcoin mining projects.

Bitcoin's recent surge towards $70,000 is supported by increased open interest and neutral funding rates, indicating strong market participation and potential regulatory shifts.

October saw a surge in the crypto market, with a 13% rise in market capitalization from $2 trillion to $2.35 trillion. Interestingly, retail investors are becoming more active, but instead of traditional spot trading, they are increasingly turning to derivatives.

On Monday, U.S. spot bitcoin exchange-traded funds (ETFs) marked another day of gains, pulling in $294.29 million in positive inflows. In contrast, ether ETFs saw a different story, losing $20.8 million across nine funds during the trading day. As Bitcoin ETFs Surge Again, Ether Funds See $20.8M in Outflows According to sosovalue.

A trader who nailed the May 2021 Bitcoin (BTC) collapse is suddenly turning bullish on Dogecoin (DOGE). Pseudonymous analyst Dave the Wave tells 146,500 followers on the social media platform X that DOGE may be forming a bullish ascending triangle on the daily timeframe.

TL;DR Bitcoin has outperformed Ethereum this week, driven by a 14% increase following the Fed's rate cut. Institutional interest in BTC remains higher, with futures at record highs, while ETH faces slower adoption. Demand for ETH has declined, surpassed by altcoins and Layer 2 solutions that have shown better performance.

With growing interest in central bank digital currencies globally, India may move to ban private cryptocurrencies, positioning its digital rupee as the future of its financial ecosystem.

Bitcoin spot ETFs on Oct. 21 continued their strong momentum, registering a net inflow of $294 million, marking the seventh consecutive day of inflows. What Happened: Leading the charge, BlackRock's (NASDAQ:IBIT) ETF saw an impressive $329 million in inflows, while other major players showed mixed results.