CEO of DoubleLine predicts a substantial decline in the value of the US Dollar
Jeffrey Gundlach, the CEO of DoubleLine estimates the decline in the value of US Dollar to be $23k. In the long run, Jeffrey Gundlach, the CEO of investment management firm DoubleLine, suggested that Bitcoin could have more positive activity than the U.S. dollar. Gundlach stated in a Wednesday interview with CNBC’s Halftime Report that he […]
Bit Digital to Transfer 14,500 Bitcoin Miners From China to the United States
Bit Digital claims that following China’s decision to prohibit bitcoin mining, the company “accelerated” its relocation to North America. Following China’s recent ban on bitcoin mining, the company Bit Digital (Nasdaq: BTBT) announced on July 13 that it was relocating 14,500 bitcoin miners to the United States. The migration data comes from the firm’s unaudited […]