Tag Archives: CNBC

Cryptos a “Solution in Search of a Problem,” Says Billionaire Investor Ken Griffin

Cryptos a “Solution in Search of a Problem,” Says Billionaire Investor Ken Griffin

With hedge fund billionaires on all sides chipping on the state of cryptocurrency markets, one such investor has been keen to place himself firmly in the sceptical camp. Ken Griffin, founder and CEO of Citadel Investment Group, today made it perfectly clear that he was not an admirer of the booming cryptocurrency industry. Talking at the Delivering […]

Billionaire Investor Marc Lasry: Bitcoin Can Soon Hit $40,000 as Trading Becomes Easier

Billionaire Investor Marc Lasry: Bitcoin Can Soon Hit $40,000 as Trading Becomes Easier

Avenue Capital Group co-founder Marc Lasry has said that Bitcoin’s (BTC) price is going to hit $40,000 n bullish comments to CNBC on July 18. Speaking in an interview for the network’s Squawk Box segment, Lasry, whose debt management firm controls around $9.6 billion of assets, saw increasing ease of crypto trading as a major motivator for Bitcoin […]

Apple’s Steve Wozniak Calls Blockchain a ‘Bubble,’ Thinks Bitcoin Is Still ‘Just Amazing’

Apple’s Steve Wozniak Calls Blockchain a ‘Bubble,’ Thinks Bitcoin Is Still ‘Just Amazing’

Apple co-founder Steve Wozniak believes that blockchain is a bubble similar to that of the dotcom era, but that it could have potential in the future, CNBC reported yesterday, June 26. During the NEX technology conference in New York, Wozniak said that the dotcom era created a similar kind of hype around companies that did not end up delivering on their promises: […]

Bitcoin Bull Tom Lee Refutes Bearish Sentiment, Predicts Further Gains

Bitcoin Bull Tom Lee Refutes Bearish Sentiment, Predicts Further Gains

Tom Lee is back, with another round of Bitcoin bullishness on-air CNBC’s ‘Fast Money’ segment. PermaBull Tom Lee Appears on CNBC Fast Money On Monday, Tom Lee, long known as a cryptocurrency bull in the space, went on CNBC to dispel bearish sentiment against Bitcoin’s viability and more importantly, its price.  ‘Fast Money’ host, Melissa Lee, pointed out that […]

Crypto Market Sees A Drop On Google Crypto Ad Ban FUD, Despite Adoption News

Crypto Market Sees A Drop On Google Crypto Ad Ban FUD, Despite Adoption News

The crypto markets have taken a hit today, March 15, with Bitcoin (BTC) dropping below $8,000 and Ethereum (ETH) below $600. The slump can most likely be attributed to Google’s update of its Financial Service policy that means a ban of all crypto-related advertisements starting in June 2018. As the crypto ad ban won’t go into effect for another four months, CNBC anchor […]

As Bitcoin Goes Over $10,000, Analyst Makes Big Predictions For 2018

As Bitcoin Goes Over $10,000, Analyst Makes Big Predictions For 2018

Unrepentant cryptocurrency bull Tom Lee predicts Bitcoin will reach $25,000 in 2018 and $125,000 by 2022. Aggressive Predictions For Bitcoin’s Future Tom Lee was the first major Wall Street analyst to cover Bitcoin and has remained bullish about the cryptocurrency market since. In his latest report, Fundstrat Global advisor’s head of research called for some high numbers in […]