Global Macro Investor CEO Raoul Pal has placed an order to sell all of his gold to invest in BTC and ETH.
Raoul Pal announced this on Twitter and clarified that in addition to gold, there are some bonds and US dollars in his portfolio. The money received from the sale of gold, Pal is ready to invest in bitcoin and ether at a ratio of 80 to 20.
Bloomberg analyst Mike McGlone believes that Bitcoin has every chance of reaching $ 20,000 this year and updating its all-time high.
In his article, McGlone writes that technical and fundamental factors increasingly indicate a positive development for Bitcoin. So, Bitcoin is becoming an increasingly popular investment tool, the number of open positions in futures continues to grow. The attitude towards cryptocurrencies among institutional investors is changing.
According to Ethereum co-founder Vitalik Buterin, stablecoins do not use one of the important features that allows transferring assets between blockchains. In a long discussion on Twitter, Buterin said that using this feature would increase compatibility and data exchange between different networks.
According to the president of Fidelity Digital Assets (FDAS), Tom Jessop, the cryptocurrency industry is only developing, so the closure of some companies and funds is natural.
Jessop expressed his opinion in the podcast The Scoop, commenting on a recent study by Crypto Fund Research, according to which a significant number of cryptocurrency investment funds closed this year. The president of FDAS believes that this situation resembles the development of the Internet startup market.
According to the Chepicap portal, an unknown sender transferred a transaction in the amount of 8.88 LTC (~ $ 1000) in the Litecoin network and paid a fee of 200 LTC (more than $ 22000).
Thus, the size of the commission exceeded the amount sent by 22 times. The transaction was added to the block, mined by the Chinese mining pool LTC.TOP.
A cryptocurrency startup Bitrefill has added a service that allows users to pay their rent through the Airbnb service with five cryptocurrencies.
The Swedish company announced the innovations on its Twitter account, saying that customers can now pay for Airbnb gift cards at BTC, ETH, LTC, DOGE and DASH. However, currently Airbnb gift cards can only be redeemed by US residents.