Search Results for: no intrinsic value

Warren Buffett Likens Bitcoin to Gambling and Chain Letters in Recent Interview

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Finance mogul Warren Buffett, one of the most successful investors in history, discussed bitcoin during an interview on CNBC’s Squawk Box on April 12. As he has done in previous interviews, the business magnate likened bitcoin to a gambling scheme and…

Kuna Fed pöördub 109 Aastat vana, USA dollari ostujõudu on vähendanud rohkem kui 96% Alates selle loomisest

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109 aastaid tagasi, USA. Föderaalreserv loodi ja sellest ajast alates, USA ostujõud. dollar on kõvasti langenud. Alates Föderatsiooni algusest, rohkem kui 96% rohelise seljaga’s ostujõud on kustutatud…

JPMorgan Chase'i tegevjuht Jamie Dimon võrdleb krüptosüsteemi Pet Rocksiga – nõuab rohkem reguleerimist

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JPMorgan Chase CEO Jamie Dimon says crypto tokens are like pet rocks. The executive also believes crypto regulation should be strengthened, märkides: “The regulators who beat up on banks should maybe focus a little more on crypto.” JPMorgan Chase’s Jamie Dimon…

NY Attorney General Urges Congress to Ban Crypto in Retirement Accounts

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New York Attorney General Letitia James has urged Congress to pass a law prohibiting crypto investments in retirement accounts. “Hardworking Americans should not have to worry about their retirement savings being wiped out due to risky bets on unstable assets like…

JPMorgan Hires Former Executive of Bankrupt Crypto Firm as Head of Digital Assets Regulatory Policy

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JPMorgan Chase & Co. has hired bankrupt crypto lender Celsius Network’s former head of policy and regulatory affairs as its new head of digital assets regulatory policy. The move followed JPMorgan CEO Jamie Dimon telling U.S. Congress that crypto tokens, like…

Bank of England’s Cunliffe Warns Crypto Is ‘Prone to Collapse’ — Touts ‘Same Risk, Same Regulatory Outcome’

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Inglismaa Pank’s deputy governor for financial stability, Sir Jon Cunliffe, has warned that cryptocurrencies are “very vulnerable to sentiment and prone to collapse.” He urged regulators to “get on with the job” and regulate crypto under the principle of “same…

Blackrock’s CIO: Bitcoin and Crypto Are Durable Assets — Prices Will Move Higher

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The chief investment officer of global fixed income at Blackrock, the world’s largest asset manager, says bitcoin and crypto are durable assets. “I think there’s a healthy recalibration going on,” ta ütles, noting that “if you look two to three years…

NY Attorney General Warns About Investing in Crypto Market — Says It’s Extremely Unpredictable, Unstable

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New York Attorney General Letitia James has issued a warning about investing in cryptocurrency. She said the crypto market is “extremely unpredictable” ja “unstable,” noting that the market “reached record lows” Eelmine kuu. NY Attorney General Warns About Cryptocurrency New York…

Elon Musk tagab rahastamise krüptosõbralikult Binance'ilt, Sequoia, Truudus Twitteri ostmiseks

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Tesla and Spacex CEO Elon Musk has secured $7.139 billion in new financing commitments to fund his acquisition of Twitter, including from several pro-crypto companies. Cryptocurrency exchange Binance, näiteks, has committed to invest $500 million in the social media platform…

President of Central Bank of Peru Criticizes Crypto, Citing Lack of Intrinsic Value and Climate Change

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Julio Velarde, the president of the Central Bank of Peru, attacked the value of cryptocurrencies and referred to negative effects they are said to have on the environment. In a recent interview with local media, Velarde said the Bank did not…