Monday, March 27, 2023
  • Login
EthozEdge
No Result
View All Result
  • Home
  • ETHO News
  • EVM News
    • Avalanche Network
    • Ethereum
    • Fantom Opera Chain
    • Harmony Chain
    • Huobi Eco Chain
    • Polygon Chain
  • Crypto News
    • Altcoin News
    • Bitcoin
    • Blockchain
    • Crypto Exchanges
    • Crypto Mining
    • Crypto Regulation News
    • DeFi
    • NFT
    • Metaverse
    • Scam News
    • Web 3.0
Cryptocurrency Marketcap
  • Home
  • ETHO News
  • EVM News
    • Avalanche Network
    • Ethereum
    • Fantom Opera Chain
    • Harmony Chain
    • Huobi Eco Chain
    • Polygon Chain
  • Crypto News
    • Altcoin News
    • Bitcoin
    • Blockchain
    • Crypto Exchanges
    • Crypto Mining
    • Crypto Regulation News
    • DeFi
    • NFT
    • Metaverse
    • Scam News
    • Web 3.0
No Result
View All Result
EthozEdge
No Result
View All Result
Home Crypto News Bitcoin

‘It’s Hard Not to Want to Be Long Crypto’ – Featured Bitcoin News

by ethozedge
May 4, 2022
in Bitcoin
Reading Time: 4 mins read
A A
0
Share on FacebookShare on Twitter


Billionaire hedge fund manager Paul Tudor Jones expects crypto to have a bright future as the Fed hikes interest rates to fight inflation. The famed investor emphasized, “It’s hard not to want to be long crypto.”

Famed Hedge Fund Manager Paul Tudor Jones on Bitcoin, Crypto

Billionaire investor and renowned hedge fund manager Paul Tudor Jones talked about bitcoin in an interview with CNBC Tuesday. Jones is the founder of asset management firm Tudor Investment Corp.

“I see this generational divide and it’s a digital divide,” the billionaire said. “If you look at the smartest and brightest minds that are coming out of colleges today, so many of them are going into crypto, so many of them are going into the internet 3.0,” he noted, adding:

It’s hard not to want to be long crypto because of the intellectual capital, just the sheer amount of intellectual capital that’s going into that space.

“Clearly, if you think about the ultimate dream of crypto, it’s a borderless internet where all of a sudden, you have blockchain as the verification code to allow anyone on the internet to instantly connect because the blockchain verifies who they are and then that opens up just huge possibilities,” Jones detailed.

The Tudor Investment founder opined: “Clearly, central banks and central governments are not going to necessarily be huge fans of that, particularly when it comes to using crypto as a medium of exchange.” He warned:

That’s the number one thing that’s holding it back … the fact that you’re not going to get buy-ins from governments because they lose the ability to control the creation and the supply of money.

Nonetheless, Jones noted that “in a world where we’re starting to de-globalize,” the ability to have the borderless internet and a store of value outside of fiat currencies “becomes very attractive.”

He then shared: “I’ve got my modest allocation to crypto. I have a trading position on top of that, that goes from fully invested to zero, and I’d say right now I’m modestly invested.” Regarding his future outlook for crypto, he said:

I would think that it’s going to have a bright future as we roll through these rate hikes at some point in time, a lot of it depends on what our central bank does. A lot of it depends on how serious we are about fighting inflation.

Jones was among the first traditional hedge fund managers to recommend bitcoin in portfolios. In October last year, he said he preferred crypto over gold as a hedge against inflation. He previously likened BTC to investing in early tech stocks like Apple and Google.

What do you think about Paul Tudor Jones’ comments? Let us know in the comments section below.

Kevin Helms

A student of Austrian Economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open-source systems, network effects and the intersection between economics and cryptography.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

More Popular News

In Case You Missed It





Source link

Tags: Bitcoinbitcoin newsCryptocrypto analysiscrypto newsEthoz EdgeFeaturedHardLatest bitcoin newslatest crypto newsLongNews
Share76Tweet47

Related Posts

Binance CEO Accused Of Violating US Derivatives Rules

by ethozedge
March 27, 2023
0

Binance Holdings Ltd. and its CEO Changpeng Zhao, also known as CZ, are facing legal action from the US Commodity...

Franklin Templeton Sees Web3 Driving Next Wave of Tech Innovations

by ethozedge
March 27, 2023
0

“The whole reason that we've laid out the megatrends, and the reason that we think they're important to highlight, is...

Margot Paez On Mitigating Climate Change, The Progressive Perspective And Bitcoin’s Representation Problem

by ethozedge
March 27, 2023
0

Environmentalist Margot Paez describes her own Bitcoin journey and how inclusivity is not mere “woke ideology.”As Bitcoiners, we often repeat...

‘The Only Way to Truly Scale Blockchains Is to Parallelize Processing’ Says Piers Ridyard – Interview Bitcoin News

by ethozedge
March 27, 2023
0

Despite being touted as the possible panacea, decentralized finance (defi) still faces obstacles which greatly diminish the prospects of mainstream...

Titanium Blockchain CEO Gets 4 Years Jail Time For BARs ICO Fraud

by ethozedge
March 27, 2023
0

Titanium Blockchain chief executive Michael Stollery has been handed a four-year prison sentence for his involvement in a 2018 initial...

Load More
  • Trending
  • Comments
  • Latest

🔴 Bank of America Bets on Crypto

April 11, 2022

Pomelo Launches Family Credit Cards to Combine Credit and International Money Transfer

August 16, 2022

How to Add Polygon (MATIC) to Your MetaMask Wallet

May 28, 2022

The Sandbox Price Prediction 2022-2030: HODL or DUMP?

May 25, 2022

Successful Beta Service launch of SOMESING, ‘My Hand-Carry Studio Karaoke App’

0

At least 54 apes were stolen in BAYC Instagram hack

0

Binance Introduces New Crypto Card for Ukrainian Refugees

0

55,000 Meta Cricket League NFTs sell out in nine minutes

0

What are Binance and CZ Being Accused Of? A Closer Look at the CFTC Filing

March 27, 2023

Binance CEO Accused Of Violating US Derivatives Rules

March 27, 2023

First Republic (FRC) Shares Jump 15% as Regional Bank Stock Rebounds

March 27, 2023

Steve McQueen’s Grenfell Tower film—dedicated to the victims of the tragic fire in 2017—to debut in London

March 27, 2023
Facebook Twitter LinkedIn Tumblr RSS
EthozEdge

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at EthozEdge

CATEGORIES

  • Altcoin News
  • Avalanche Network
  • Binance Smart Chain
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Mining
  • Crypto Regulation News
  • DeFi
  • Ethereum
  • EVM News
  • Fantom Opera Chain
  • Harmony Chain
  • Huobi Eco Chain
  • Metaverse
  • NFT
  • Polygon Chain
  • Scam News
  • Web 3.0
  • XDai Chain

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - EthozEdge.
EthozEdge The Crypto is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • ETHO News
  • EVM News
    • Avalanche Network
    • Ethereum
    • Fantom Opera Chain
    • Harmony Chain
    • Huobi Eco Chain
    • Polygon Chain
  • Crypto News
    • Altcoin News
    • Bitcoin
    • Blockchain
    • Crypto Exchanges
    • Crypto Mining
    • Crypto Regulation News
    • DeFi
    • NFT
    • Metaverse
    • Scam News
    • Web 3.0

Copyright © 2022 - EthozEdge.
EthozEdge The Crypto is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • JDBJDB(JDB)$0.021575-0.61%
  • bitcoinBitcoin(BTC)$27,050.00-2.93%
  • ethereumEthereum(ETH)$1,708.86-3.14%
  • USDEXUSDEX(USDEX)$1.07-0.47%
  • tetherTether(USDT)$1.00-0.02%
  • binancecoinBNB(BNB)$307.28-6.28%
  • usd-coinUSD Coin(USDC)$1.00-0.06%
  • rippleXRP(XRP)$0.4744636.12%
  • cardanoCardano(ADA)$0.342570-3.38%
  • dogecoinDogecoin(DOGE)$0.072813-1.63%
  • staked-etherLido Staked Ether(STETH)$1,748.79-0.72%
  • matic-networkPolygon(MATIC)$1.03-5.94%
  • binance-usdBinance USD(BUSD)$1.00-0.04%
  • solanaSolana(SOL)$19.72-5.64%
  • polkadotPolkadot(DOT)$5.82-3.15%
  • litecoinLitecoin(LTC)$88.79-4.50%
  • shiba-inuShiba Inu(SHIB)$0.000010-2.40%
  • tronTRON(TRX)$0.063571-1.02%
  • avalanche-2Avalanche(AVAX)$16.41-4.02%
  • daiDai(DAI)$1.00-0.07%
  • uniswapUniswap(UNI)$5.59-2.98%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$27,059.00-2.88%
  • chainlinkChainlink(LINK)$6.81-5.67%
  • cosmosCosmos Hub(ATOM)$10.82-3.75%
  • leo-tokenLEO Token(LEO)$3.38-2.23%
  • ToncoinToncoin(TON)$2.10-0.36%
  • moneroMonero(XMR)$155.96-3.61%
  • ethereum-classicEthereum Classic(ETC)$19.50-4.09%
  • okbOKB(OKB)$41.980.07%
  • Aerarium FiAerarium Fi(AERA)$7.15-13.10%
  • stellarStellar(XLM)$0.091450-0.67%
  • bitcoin-cashBitcoin Cash(BCH)$118.79-4.66%
  • filecoinFilecoin(FIL)$5.27-6.02%
  • true-usdTrueUSD(TUSD)$1.00-0.12%
  • AptosAptos(APT)$11.00-6.95%
  • lido-daoLido DAO(LDO)$2.06-3.79%
  • hedera-hashgraphHedera(HBAR)$0.058308-5.84%
  • quant-networkQuant(QNT)$117.54-4.05%
  • crypto-com-chainCronos(CRO)$0.066428-4.22%
  • nearNEAR Protocol(NEAR)$1.83-6.20%
  • vechainVeChain(VET)$0.021838-4.28%
  • ArbitrumArbitrum(ARB)$1.14-10.02%
  • apecoinApeCoin(APE)$3.90-5.28%
  • algorandAlgorand(ALGO)$0.198391-5.63%
  • internet-computerInternet Computer(ICP)$4.71-4.90%
  • blockstackStacks(STX)$0.91-8.35%
  • eosEOS(EOS)$1.08-4.69%
  • the-graphThe Graph(GRT)$0.131671-6.34%
  • fantomFantom(FTM)$0.409653-7.79%
  • the-sandboxThe Sandbox(SAND)$0.59-7.14%
  • fraxFrax(FRAX)$1.00-0.12%
  • elrond-erd-2MultiversX(EGLD)$41.04-3.61%
  • decentralandDecentraland(MANA)$0.56-4.15%
  • aaveAave(AAVE)$69.47-4.57%
  • tezosTezos(XTZ)$1.07-5.75%
  • theta-tokenTheta Network(THETA)$0.96-5.12%
  • flowFlow(FLOW)$0.92-5.40%
  • immutable-xImmutableX(IMX)$1.01-8.83%
  • axie-infinityAxie Infinity(AXS)$7.94-5.53%
  • neoNEO(NEO)$12.09-0.86%
  • kucoin-sharesKuCoin(KCS)$8.24-5.09%
  • rocket-poolRocket Pool(RPL)$39.88-4.06%
  • paxos-standardPax Dollar(USDP)$1.00-0.08%
  • BitDAOBitDAO(BIT)$0.52-1.60%
  • havvenSynthetix Network(SNX)$2.35-3.41%
  • WhiteBIT TokenWhiteBIT Token(WBT)$5.00-0.56%
  • usddUSDD(USDD)$0.99-0.25%
  • terra-lunaTerra Luna Classic(LUNC)$0.000120-4.26%
  • gatechain-tokenGate(GT)$4.85-4.94%
  • klay-tokenKlaytn(KLAY)$0.221653-3.71%
  • curve-dao-tokenCurve DAO(CRV)$0.88-4.88%
  • bitcoin-cash-svBitcoin SV(BSV)$35.13-3.99%
  • conflux-tokenConflux(CFX)$0.315658-8.04%
  • pancakeswap-tokenPancakeSwap(CAKE)$3.55-5.07%
  • sapphireSapphire(SAPP)$0.7035.32%
  • optimismOptimism(OP)$2.04-9.54%
  • dashDash(DASH)$55.88-5.19%
  • mina-protocolMina Protocol(MINA)$0.72-10.94%
  • CloutContractsCloutContracts(CCS)$52.461,000.00%
  • gmxGMX(GMX)$71.834.09%
  • chilizChiliz(CHZ)$0.113047-6.07%
  • makerMaker(MKR)$660.56-1.97%
  • bittorrentBitTorrent(BTT)$0.000001-1.92%
  • huobi-tokenHuobi(HT)$3.58-2.82%
  • ecasheCash(XEC)$0.000029-4.33%
  • iotaIOTA(MIOTA)$0.199208-5.04%
  • Bitget TokenBitget Token(BGB)$0.390002-2.78%
  • xdce-crowd-saleXDC Network(XDC)$0.039495-0.91%
  • frax-shareFrax Share(FXS)$7.44-5.38%
  • EdgecoinEdgecoin(EDGT)$1.00-0.18%
  • compound-ethercETH(CETH)$34.36-3.37%
  • pax-goldPAX Gold(PAXG)$1,974.27-1.18%
  • tether-goldTether Gold(XAUT)$1,966.00-0.94%
  • Tokenize XchangeTokenize Xchange(TKX)$6.02-4.30%
  • singularitynetSingularityNET(AGIX)$0.396618-10.23%
  • binaryxBinaryX(BNX)$165.94-5.94%
  • trust-wallet-tokenTrust Wallet(TWT)$1.10-7.46%
  • compound-usd-coincUSDC(CUSDC)$0.0228260.02%
  • Halo CoinHalo Coin(HALO)$0.057352-0.04%
  • mask-networkMask Network(MASK)$5.71-4.05%
  • osmosisOsmosis(OSMO)$0.77-3.55%
  • loopringLoopring(LRC)$0.337453-4.96%
  • zilliqaZilliqa(ZIL)$0.025641-5.98%
  • FlareFlare(FLR)$0.033667-5.63%
  • render-tokenRender(RNDR)$1.14-5.47%
  • 1inch1inch(1INCH)$0.487151-4.73%
  • radixRadix(XRD)$0.040106-6.06%
  • nexoNEXO(NEXO)$0.72-4.55%
  • cdaicDAI(CDAI)$0.0222150.02%
  • thorchainTHORChain(RUNE)$1.33-5.09%
  • Rocket Pool ETHRocket Pool ETH(RETH)$1,826.54-3.16%
  • gemini-dollarGemini Dollar(GUSD)$1.000.50%
  • oec-tokenOKC Token(OKT)$21.92-1.65%
  • arweaveArweave(AR)$7.74-5.71%
  • kavaKava(KAVA)$0.85-1.87%
  • KaspaKaspa(KAS)$0.02161018.67%
  • btse-tokenBTSE Token(BTSE)$2.33-1.14%
  • zcashZcash(ZEC)$35.77-0.59%
  • convex-financeConvex Finance(CVX)$4.93-3.72%
  • casper-networkCasper Network(CSPR)$0.034222-2.77%
  • dydxdYdX(DYDX)$2.382.01%
  • enjincoinEnjin Coin(ENJ)$0.365916-5.83%
  • DeFiChainDeFiChain(DFI)$0.53-3.53%
  • fetch-aiFetch.ai(FET)$0.343481-7.81%
  • DogechainDogechain(DC)$0.001787-24.98%
  • EthereumPoWEthereumPoW(ETHW)$3.29-2.18%
  • basic-attention-tokenBasic Attention(BAT)$0.234666-5.79%
  • WEMIXWEMIX(WEMIX)$1.39-0.02%
  • baby-doge-coinBaby Doge Coin(BABYDOGE)$0.000000-2.85%
  • nemNEM(XEM)$0.037177-5.10%
  • ethereum-name-serviceEthereum Name Service(ENS)$12.58-4.82%
  • FLOKIFLOKI(FLOKI)$0.000033-7.63%
  • Nexus MutualNexus Mutual(NXM)$47.58-3.88%
  • Aleph ZeroAleph Zero(AZERO)$1.41-5.37%
  • qtumQtum(QTUM)$2.97-4.36%
  • holotokenHolo(HOT)$0.001729-5.18%
  • BeldexBeldex(BDX)$0.058377-5.84%
  • terra-luna-2Terra(LUNA)$1.25-4.79%
  • theta-fuelTheta Fuel(TFUEL)$0.049626-6.07%
  • woo-networkWOO Network(WOO)$0.179743-6.73%
  • injective-protocolInjective(INJ)$3.76-5.45%
  • decredDecred(DCR)$20.02-5.73%
  • ravencoinRavencoin(RVN)$0.024086-7.14%
  • Gains FarmGains Farm(GFARM2)$7,930.530.00%
  • olympusOlympus(OHM)$10.20-0.70%
  • kusamaKusama(KSM)$31.45-6.11%
  • galaGALA(GALA)$0.037143-6.93%
  • celoCelo(CELO)$0.57-6.15%
  • compound-governance-tokenCompound(COMP)$40.50-4.28%
  • safemoonSafeMoon [OLD](SAFEMOON)$0.000000-6.19%
  • flex-coinFLEX Coin(FLEX)$2.849.40%
  • MagicMagic(MAGIC)$1.30-9.85%
  • gnosisGnosis(GNO)$105.08-2.50%
  • bitcoin-goldBitcoin Gold(BTG)$15.47-5.34%
  • liquity-usdLiquity USD(LUSD)$1.020.25%
  • oasis-networkOasis Network(ROSE)$0.053116-6.33%
  • linkLINK(LN)$40.13-3.08%
  • yearn-financeyearn.finance(YFI)$8,041.26-3.85%
  • AstarAstar(ASTR)$0.059660-2.89%
  • audiusAudius(AUDIO)$0.260457-4.87%
  • balancerBalancer(BAL)$6.45-4.80%
  • chiaChia(XCH)$37.17-3.43%
  • nucypherNuCypher(NU)$0.195630-5.05%
  • IdeaChainIdeaChain(ICH)$4.730.00%
  • Access ProtocolAccess Protocol(ACS)$0.008585-5.34%
  • ftx-tokenFTX(FTT)$1.89-21.52%
  • SSV NetworkSSV Network(SSV)$35.32-5.98%
  • Crypto Gladiator LeagueCrypto Gladiator League(CGL)$0.16194440.57%
  • ankrAnkr Network(ANKR)$0.030604-5.54%
  • Bone ShibaSwapBone ShibaSwap(BONE)$1.07-3.92%
  • huobi-btcHuobi BTC(HBTC)$26,983.00-3.06%
  • omisegoOMG Network(OMG)$1.72-5.68%
  • DAO MakerDAO Maker(DAO)$1.590.27%
  • Manchester City Fan TokenManchester City Fan Token(CITY)$11.87-1.78%
  • harmonyHarmony(ONE)$0.018896-7.61%
  • stepnSTEPN(GMT)$0.367495-5.76%
  • world-mobile-tokenWorld Mobile Token(WMT)$0.2920233.33%
  • AstraferAstrafer(ASTRAFER)$1.47-4.18%
  • escoin-tokenEscoin(ELG)$2.81-0.98%
  • convex-crvConvex CRV(CVXCRV)$0.78-3.76%
  • iotexIoTeX(IOTX)$0.024111-2.61%
  • golemGolem(GLM)$0.226985-5.46%
  • Meerkat SharesMeerkat Shares(MSHARE)$11,715.17-5.03%
  • tether-eurtEuro Tether(EURT)$1.080.23%
  • justJUST(JST)$0.024898-3.77%
  • Staked LunaStaked Luna(STLUNA)$88.35-0.49%
  • moonbeamMoonbeam(GLMR)$0.359289-4.54%
  • bloxBlox(CDT)$0.322077-2.25%
  • ecomiECOMI(OMI)$0.000794-1.34%
  • Frax EtherFrax Ether(FRXETH)$1,707.34-2.97%
  • BlurBlur(BLUR)$0.51-4.80%
  • Gains NetworkGains Network(GNS)$6.87-5.28%
  • terrausdTerraClassicUSD(USTC)$0.020981-5.43%
  • jasmycoinJasmyCoin(JASMY)$0.004331-6.29%
  • Ankr Staked ETHAnkr Staked ETH(ANKRETH)$1,925.73-2.13%
  • kadenaKadena(KDA)$0.91-3.66%
  • perpetual-protocolPerpetual Protocol(PERP)$2.92-2.77%
  • wavesWaves(WAVES)$2.03-5.40%
  • amp-tokenAmp(AMP)$0.003615-4.52%
  • band-protocolBand Protocol(BAND)$1.62-7.36%