Bitcoin has recently achieved a record high against gold, with the BTC-to-gold ratio reaching 32.19 ounces of gold per Bitcoin, as noted by trader Peter Brandt. This indicates Bitcoin’s growing status as a valuable asset. Brandt suggests that Bitcoin could further rise to 89 ounces of gold in the future, aligning with predictions that it ...
Ray Dalio, a renowned investor and founder of Bridgewater Associates, shares his investment preferences, stating that while he has a small portion of his portfolio in cryptocurrency, he still favors gold. In a recent interview, Dalio highlighted concerns about crypto, such as privacy issues and its uncertain status as a hedge against inflation. He believes ...
Ares Management Corp. has boosted its assets under management to $464 billion in the third quarter, marking a 17% increase from last year. This growth is fueled by heightened interest in its US direct lending funds and recent private equity acquisitions.
