David Rubenstein, founder of the Carlyle Group, expressed confidence in Bitcoin’s future and its increasing importance in financial assets. His views underscore the growing interest from major firms in Bitcoin and its acceptance as a regulation-free virtual currency.
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Billionaire’s Belief in Bitcoin’s Bright Future: Revisiting Skepticism amidst Institutional Embrace
David Rubenstein, billionaire and co-chairman of Carlyle Group, recently expressed his belief that Bitcoin is here to stay, largely due to increasing institutional interest. He uses BlackRock’s plans to introduce a Bitcoin ETF as a primary example, suggesting the growing attention towards cryptocurrencies may lead sceptics to reconsider their stance.
DeFi Investments Surge as Startups Secure $49.9M: Exploring Opportunities and Challenges
This week, 14 cryptocurrency startups secured a total of $49.9 million in funding, primarily in the decentralized finance (DeFi) sector. Major beneficiary dtcpay raised approximately $16.5 million in a pre-Series A round, focusing on providing payment solutions for fiat and cryptocurrencies. The expansion of DeFi investments highlights a promising future for DeFi integration into the broader economy.