🚀 Gate Square “Gate Fun Token Challenge” is Live!
Create tokens, engage, and earn — including trading fee rebates, graduation bonuses, and a $1,000 prize pool!
Join Now 👉 https://www.gate.com/campaigns/3145
💡 How to Participate:
1️⃣ Create Tokens: One-click token launch in [Square - Post]. Promote, grow your community, and earn rewards.
2️⃣ Engage: Post, like, comment, and share in token community to earn!
📦 Rewards Overview:
Creator Graduation Bonus: 50 GT
Trading Fee Rebate: The more trades, the more you earn
Token Creator Pool: Up to $50 USDT per user + $5 USDT for the first 50 launche
CNBC live channel just broke a big story——investment veteran Ron Baron is increasing the position in Bitcoin.
The fund manager, who manages tens of billions of dollars in assets, stated directly in front of the camera that he is still continuously buying BTC, with a straightforward reason: to combat inflation. He even feels that the current price of $96,000 is not high at all; in his words, this is just the "floor price." CZ saw this and retweeted to confirm it.
Ron Baron is not a native of the crypto world; he has been a veteran in traditional finance for decades. He made a fortune by heavily investing in Tesla in the early years, and now he treats Bitcoin as a hard currency to hedge against inflation. Consider this logic chain: global monetary easing is ongoing, fiat currency purchasing power is shrinking, gold is not sexy enough, so the clearly scarce BTC naturally becomes the sought-after asset.
Interestingly, this is no longer an isolated case. MicroStrategy treats Bitcoin as treasury reserve, BlackRock launched a spot ETF providing a formal entry for institutional funds, and even Musk's Tesla hoarded BTC back in the day. Now, traditional moguls like Ron Baron are also starting to publicly support it, indicating that Bitcoin is no longer a fringe asset, but has quietly made its way into mainstream allocation lists.
When the market is so volatile, the smart money is actually increasing its position in crypto assets. Behind this wave of operations, is it truly understanding the trend, or is there another calculation? What do you think?