Category Archives: Coins

This JPMorgan Strategist Is Extremely Bearish on Crypto. Here’s Why

This JPMorgan Strategist Is Extremely Bearish on Crypto. Here's Why

David Kelly, JPMorgan Asset Management chief global strategist, has predicted that cryptocurrency market investors will face “massive losses” in an interview with Business Insider: At some stage, I expect to see massive losses in crypto, because there is nothing there. Kelly sees the U.S. Federal Reserve’s upcoming interest rate hikes as the main bearish catalyst […]

This JPMorgan Strategist Is Extremely Bearish on Crypto. Here’s Why

This JPMorgan Strategist Is Extremely Bearish on Crypto. Here's Why

David Kelly, JPMorgan Asset Management chief global strategist, has predicted that cryptocurrency market investors will face “massive losses” in an interview with Business Insider: At some stage, I expect to see massive losses in crypto, because there is nothing there. Kelly sees the U.S. Federal Reserve’s upcoming interest rate hikes as the main bearish catalyst […]

Warren Buffett’s Right-Hand Man Calls for Banning Crypto, Compares It to Venereal Disease

Warren Buffett's Right-Hand Man Calls for Banning Crypto, Compares It to Venereal Disease

Charlie Munger, vice chairman of Berkshire Hathaway, said that he wanted other countries to follow China’s suit by “immediately” banning Bitcoin and other cryptocurrencies during Daily Journal’s fully virtual annual shareholder meeting in Los Angeles: I wish it had been banned immediately. I admire the Chinese for banning it.     He stressed that he was “proud” of steering […]

Warren Buffett’s Right-Hand Man Calls for Banning Crypto, Compares It to Venereal Disease

Warren Buffett's Right-Hand Man Calls for Banning Crypto, Compares It to Venereal Disease

Charlie Munger, vice chairman of Berkshire Hathaway, said that he wanted other countries to follow China’s suit by “immediately” banning Bitcoin and other cryptocurrencies during Daily Journal’s fully virtual annual shareholder meeting in Los Angeles: I wish it had been banned immediately. I admire the Chinese for banning it.     He stressed that he was “proud” of steering […]

Elon Musk Has “Best Response Ever” to Charlie Munger’s Bitcoin Criticism

Elon Musk Has “Best Response Ever” to Charlie Munger’s Bitcoin Criticism

Tesla CEO Elon Musk has addressed the controversial cryptocurrency-related comments that were recently made by Charlie Munger, vice chairman of Berkshire Hathaway, by recalling how the latter was acting dismissive of the trailblazing e-car manufacturer.    The centibillionaire claims that Munger once told the “whole table” that the company would fail at a lunch. While […]

Elon Musk Has “Best Response Ever” to Charlie Munger’s Bitcoin Criticism

Elon Musk Has “Best Response Ever” to Charlie Munger’s Bitcoin Criticism

Tesla CEO Elon Musk has addressed the controversial cryptocurrency-related comments that were recently made by Charlie Munger, vice chairman of Berkshire Hathaway, by recalling how the latter was acting dismissive of the trailblazing e-car manufacturer.    The centibillionaire claims that Munger once told the “whole table” that the company would fail at a lunch. While […]

SEC Boss Comments on Refusal to Approve Spot Bitcoin ETF

SEC Boss Comments on Refusal to Approve Spot Bitcoin ETF

Minnesota Representative Tom Emmer has taken to Twitter to share a letter from U.S. Securities and Exchange Commission Chairman Gary Gensler, in which the latter explains the rationale behind the agency’s unwillingness to approve a spot-based Bitcoin ETF.       The letter made it clear that the agency was a long way from approving such an […]

SEC Boss Comments on Refusal to Approve Spot Bitcoin ETF

SEC Boss Comments on Refusal to Approve Spot Bitcoin ETF

Minnesota Representative Tom Emmer has taken to Twitter to share a letter from U.S. Securities and Exchange Commission Chairman Gary Gensler, in which the latter explains the rationale behind the agency’s unwillingness to approve a spot-based Bitcoin ETF.       The letter made it clear that the agency was a long way from approving such an […]

Fidelity Exec Compares Bitcoin to Apple

Fidelity Exec Compares Bitcoin to Apple

In his recent Twitter threat, Jurrien Timmer, director of global macro at Fidelity says that the number of active Bitcoin addresses continues to grow steadily despite the price drawdown, comparing the largest cryptocurrency to tech behemoth Apple.    Timmer names Apple’s massive growth over the past three decades as yet another example of an S-curve. An […]

Fidelity Exec Compares Bitcoin to Apple

Fidelity Exec Compares Bitcoin to Apple

In his recent Twitter threat, Jurrien Timmer, director of global macro at Fidelity says that the number of active Bitcoin addresses continues to grow steadily despite the price drawdown, comparing the largest cryptocurrency to tech behemoth Apple.    Timmer names Apple’s massive growth over the past three decades as yet another example of an S-curve. An […]