After the strong correction of more than 60% experienced by the Bitcoin (BTC) cryptocurrency since its peak during last December, the time has come for the big sharks to join the frenzy. At least three of the most prominent members of the financial “royalty” believe in Bitcoin’s rise, as, in recent days, news emerged that George Soros, the Rockefeller family, and the Rothschilds are ready to make big investments in Bitcoin (BTC).
George Soros changed his mind in just three months
This news comes just three months after Soros himself described Bitcoin (BTC) as a bubble.
Now, Bloomberg revealed that Adam Fisher, the manager of the global macro investments of the Soros’ funds, has received authorization to trade cryptocurrencies but has not yet made any investments, according to the sources.
Also, the Rockefeller family would have plans to get on the wave of cryptocurrencies
As published by CoinTelegraph, the Rockefeller family’s venture capital fund, Venrock, has partnered with the CoinFund platform to not miss the boom of both cryptocurrency and the blockchain technology itself.
In this sense, David Pakman, partner of Venrock, told for Fortune that they are “very patient, (…) long investors and (…) wonder what will happen in the next five to ten years.”
The Rothchild family is buying Bitcoin (BTC) since the last year
In this way, both George Soros and Rockefeller follow the steps that the Rothchild family took last year when they decided to enter in the cryptocurrency investments world by buying Bitcoin (BTC) through the Grayscale Bitcoin Trust, according to their annual report.
Thus, it seems that the elites of the finances universe begin to believe that the cryptocurrencies market problems have passed after the strong correction experienced since December. In fact, Bitcoin (BTC) is a cryptocurrency par excellence, which is now trading above $6,800, while right before last Christmas it was touching the $20,000 mark after its debut in the futures market in Chicago.
Jackson Bey was born and raised in Lethbridge Alberta but moved east when he was 22. Apart from running his own consulting firm. Jackson spends his time canoeing the many lakes of Ontario. As a financial journalist Jackson has published stories for CBC Business Online, as well as Buzz Feed and Motherboard. As a contributor to Billionaire 365, Jackson mostly covers markets and trade.