Billionaire George Soros is Set to Start Trading Cryptocurrencies

George Soros thinks cryptocurrencies are a bubble. He’s about to start trading them anyway. The billionaire investors and business magnate won’t be trading them personally, of course, but Bloomberg reports that Adam Fisher — who runs Soros Fund Management’s macro investing operation — has secured internal approval to begin trading cryptoassets. Continue reading Billionaire George Soros is Set to Start Trading Cryptocurrencies

Bitcoin Price Set to Rise In Late-April After Tax Day

Bitcoin prices will probably climb after April 17, when Tax Day in the United States is over. That’s what Fundstrat co-founder Tom Lee, a noted bitcoin bull, predicts. Lee said the recent drop in bitcoin’s price amid a flurry of sell-offs was partly caused by investors rabidly trying to sell off their cryptocurrency holdings to avoid paying taxes on them. Continue reading Bitcoin Price Set to Rise In Late-April After Tax Day

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