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blockonomi.com Ray Dalio Tilts Portfolio Toward Gold, Calls It the Only “Sound” Money

TLDR: Ray Dalio views gold as real money, not a commodity, contrasting it with fiat currency backed by debt. He believes gold’s scarcity and neutrality make it a safe diversifier during debt and currency crises. Dalio expects global investors to shift more portfolios toward gold as fiat currencies lose trust. He recommends a 10–15% gold [...] The post Ray Dalio Tilts Portfolio Toward Gold, Calls It the Only “Sound” Money appeared first on Blockonomi.

btcmanager.com OctaFX Ponzi takedown: India’s ED seizes $286M in crypto, mastermind arrested

India’s Enforcement Directorate has seized cryptocurrency worth $286 million under anti-money laundering laws. They also announced the arrest of Pavel Prozorov, the alleged mastermind behind the multi-billion-dollar OctaFX Ponzi scheme. Spanish authorities arrested Prozorov based on his involvement in cybercrimes…

bitcoinist.com Bitcoin Price Wedged Between 2 Crucial levels — What To Expect In Coming Days

Despite the red-hot start to the month, the historically bullish “Uptober” period has not particularly gone according to the expectations for the Bitcoin price. Following the market-wide downturn on October 10, the premier cryptocurrency has not been able to mount a clear recovery back to its former highs. In fact, the Bitcoin price action continues […]