You Searched For "scott minerd 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  Â
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 MozĂ©e  Â
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  Â
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  Â
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  Â
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 MozĂ©e  Â
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  Â
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  Â
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  Â
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  Â
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  Â
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  Â
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  Â
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…
Emily Graffeo  Â
1 min read
Bitcoin slides below $50,000 with $260 billion wiped off the crypto market as Biden's tax proposals crush risk appetite
The crypto market has come under fresh pressure after reports that President Joe Biden is looking t…
Shalini Nagarajan  Â
1 min read
US stocks drop as signs of a still-tight labor market raise fears the Fed will stay hawkish into 2023
"Strong economic data, especially strong labor market data, keeps the Fed's foot on the economic br…
Brian Evans  Â
1 min read
US stocks jump after wild week as investors digest wave of corporate earnings reports
The upswing followed an earnings beat from Bank of America. Earnings from top tech companies like T…
Jennifer Sor  Â
1 min read
US stocks slip as the Fed begins its policy meeting and the 10-year yield hits a fresh 11-year high
The Federal Open Market Committee began its highly anticipated two-day meeting on Tuesday.
Brian Evans  Â
2 mins read
US stocks tumble after another strong jobs report bolsters Fed's hawkish position
The US economy added 263,000 jobs in September, ahead of consensus expectations for 255,000 in new …
Matthew Fox  Â
2 mins read
US stocks trade mixed as bond yields sink and Fed chief Powell prioritizes inflation fight
"The bigger mistake to make ... would be to fail to restore price stability," Fed Chairman Jerome P…