Ruffer Investment, which manages $ 30 billion of assets, sold about half of its Bitcoin purchases in November, covering the entire purchase cost. The company that sold $ 650 million worth of Bitcoin now has $ 700 million worth of Bitcoin. In their statement, they announced that the rise of Bitcoin for the digitalizing world has just begun.
Guggenheim CEO: Bitcoin Could See $ 600,000
The CEO of Guggenheim Partners, one of the world's largest wealth funds with more than $ 310 billion in capital under his management, stated that they have been following Bitcoin as a company for 10 years and after their fundamental analysis, they think that Bitcoin can go up to $ 600,000.
BAT Scanner Passes 25 Million Users
Brave, a privacy-focused Basic Attention Token browser, has grown significantly, exceeding 25 million active users. What's more, with over 12 million wallets that support Brave BAT, it now records more than 4.3 million monthly transactions from users.
Cryptocurrency Records Break in Google Searches
Searches for "buy crypto" on Google broke a record, reaching an all-time high in January, according to data from analytics company The Tie. On the other hand, searches for "best cryptocurrency app" and "best crypto exchange" also reached record levels. These increases in search trends show that the interest in the cryptocurrency industry has increased.
US Pension Fund Increases BTC Shares
It turned out that America's largest public pension fund CalPERS increased the number of shares in the Bitcoin mining company Riot Blockchain 7 times in the last quarter of 2020. The fund has approximately $ 441 billion in assets, and with the increase in BTC prices, the value of the shares held by CalPERS approached $ 2 million.
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