Why a $631B Asset Manager Just Changed Its Mind on Bitcoin

2020-12-2 23:00

In a research note intended for clients, investing giant AllianceBernstein says it changed its mind on bitcoin’s role in asset allocation.

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Currently, when crypto believers generalize every Wall Street banker to be a Bitcoin critic, a celebrated hedge fund manager and former Goldman Sachs executive changed his perception. Mike Novogratz is a now a name beyond the mainstream finance, and perhaps among the only consistent voices speaking in favor of bitcoin even after its 80 percent-plus.

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Venezuela Traded More Bitcoin Than Ever Before In October

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Ten Years Ago Today, the Whitepaper Changed the Way We Look at Money

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