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Bitcoin is back. The first digital currency, introduced back in 2009, has once again gone on a mammoth bull run and reignited debate over its value. The price of Bitcoin hit all-time highs in 2020 reaching A$50,177, ending the year by doubling in less than a month. Its price is up by more than 330%…
It has been an incredibly busy few months for Bitcoin and cryptocurrencies in general, with news this week that fund manager Pendal Ltd (ASX: PDL) had established positions in the currency. This follows a number of high-profile hedge fund managers including Stanley Druckenmiller and Paul Tudor Jones confessing their own allocations. Given the currency is…