You Searched For "guggenheim bitcoin" and got 20 results
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1 min read
Bitcoin will survive but could crater to $8,000 and won't end up as the dominant crypto, says Guggenheim's Minerd
"When you break below 30,000 [dollars] consistently, 8,000 [dollars] is the ultimate bottom," Miner…
Phil Rosen
2 mins read
US stocks could tumble 15% in a rough fall - and the bitcoin bubble could deflate further this year, Guggenheim's Scott Minerd says
September and October are likely to be "very rough" months for stocks, the chief investment officer…
Shalini Nagarajan
1 min read
Bitcoin could plunge 50% from current levels after rising too much, too fast, says Guggenheim's Scott Minerd
Bitcoin's price could slide by 50% after its run-up to record highs, said Guggenheim Partners' Scot…
Carla Mozée
1 min read
The majority of cryptocurrencies are 'garbage' and only a few will emerge as winners, says Guggenheim's Scott Minerd
70% of crypto coins 'will go away,' the CIO of Guggenheim Partners said in a Bloomberg interview fr…
Carla Mozée
1 min read
Guggenheim's Minerd says bitcoin's harsh sell-off isn't over yet, but the cryptocurrency will ultimately survive along with ether
The Guggenheim global chief investment officer told CNBC bitcoin had gone "exponential" over the la…
Emily Graffeo
2 mins read
Guggenheim's Scott Minerd backtracks on cryptocurrencies by comparing them to Tulipmania - but says the crash doesn't signal the death of crypto
Minerd's remark seems a tad surprising as he had reiterated a bitcoin price target of as much as $6…
Shalini Nagarajan
2 mins read
Guggenheim says it could invest up to $530 million in a bitcoin trust as the cryptocurrency leaps to record highs
Bitcoin surged to a record intraday high of $19,873.23 on Monday, eclipsing its peak in December 20…
Ben Winck
2 mins read
Bitcoin should be worth $400,000, based on its scarcity and value versus gold, according to Guggenheim's Scott Minerd
Bitcoin's scarcity, together with the Federal Reserve's "rampant money printing," suggest its price…
Shalini Nagarajan
1 min read
Bitcoin's record-shattering surge is unsustainable now that the $35,000 level has been breached, says Guggenheim's Scott Minerd
"The target technical upside of $35,000 has been exceeded. Time to take some money off the table," …
Emily Graffeo
2 mins read
Anthony Scaramucci's SkyBridge hedge fund just invested $25 million in a bitcoin fund as it sees an 'avalanche of institutional investors' buying crypto in 2021
Scaramucci's $9.3 billion firm filed with the SEC on Monday to launch the "SkyBridge Bitcoin Fund L…
Emily Graffeo
2 mins read
Bitcoin will grind lower to around $15,000 before bottoming, so investors shouldn't rush in now, Guggenheim's Scott Minerd says
"I don't think people need to be anxious to be putting money in bitcoin right now," Scott Minerd sa…
Matthew Fox
2 mins read
Guggenheim's cofounder is building a blockchain tower that will host the world's largest NFT museum
The tower, backed by Overline chairman and Guggenheim cofounder Todd Morley, will boost blockchain-…
Sophie Kiderlin
2 mins read
Mike Novogratz compared this bitcoin crash to late 2017, when the market plunged into a 'winter' lasting years
Crypto billionaire Mike Novogratz said a boom in alternative coins was overwhelming bitcoin and the…
Harry Robertson
2 mins read
Bitcoin's rise despite the UK crackdown on Binance is a bullish signal that prices may have bottomed, Fundstrat says
Bitcoin "rising in the face of bad news may be a sign of the seller exhaustion we need to go higher…
Harry Robertson
4 mins read
A new wave of institutional interest has boosted bitcoin. Here are the key players getting involved, from Morgan Stanley to Tesla.
Morgan Stanley is set to become the latest big player to move into crypto, a report said.
Harry Robertson
2 mins read
Bitcoin is irrelevant to financial markets and investors 'are going to weep' if regulators come down hard on crypto, says Kevin O'Leary
"Is this a nothing burger? It's not even a single cell amoeba," Kevin O'Leary said about bitcoin in…
Emily Graffeo
2 mins read
Bitcoin is in a 'massive bubble' and investors don't understand how its supply works, says economist David Rosenberg
Rosenberg said bitcoin looks "absolutely crazy right now," as it gains 20% over the record set just…
Emily Graffeo
2 mins read
Bitcoin soars above $23,000 as mammoth 2020 rally drives record highs
The climb brings bitcoin's year-to-date gains above 200% and comes just one day after the token tra…
Ben Winck
1 min read
US stocks trade mixed as investors weigh impact of new economic data on Fed policy
US stocks were mixed after retail sales unexpectedly soared in August and data showed more American…
Emily Graffeo
2 mins read
S&P 500 closes at record high in best week since February as investors brush off inflation concerns
The benchmark index had its best week since February, an investors digested economic data and remai…