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Guggenheim's Scott Minerd Warns Bitcoin Could Plunge 50% Near Term — ‘Things Are Very Frothy'
“I think we’re going to have to have a major correction in bitcoin,” Guggenheim Partners’ Scott Minerd told CNBC. However, he said he remains bullish long term.
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Wall Street Banks Brace for Digital Dollars as the Next Big Disruptive Force
Led by countries as large as China and as small as the Bahamas, digital money is drawing stronger interest.
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Facebook-Backed Diem Aims to Launch Digital Currency Pilot Later This Year
Formerly known as Libra, the Facebook-backed digital currency project faced strong opposition from regulators in 2019.
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Three Indirect Ways Investors Can Play the Cryptocurrency Craze
As PayPal’s Venmo embraces some digital currencies, two traders share their favorite noncrypto ways to play the boom.
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Bitcoin Rally This Year Is the Start of Going Mainstream, Not a Bubble, Says Investor Bill Miller
Value investor Bill Miller told CNBC on Tuesday he believes bitcoin is still going higher because demand is growing faster than supply.
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Klarna CEO: When My Cab Driver Asks About Bitcoin, I Worry Latecomers Will Lose a Lot of Money
The CEO of Swedish fintech giant Klarna has been a big critic of the gold rush in cryptocurrencies like bitcoin and he sees big risk of latecomers losing big.
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Novogratz: Dogecoin, Bitcoin Are Both Rallying But These Cryptocurrencies Are Quite Different
“Dogecoin speaks to a lot of the same movement that GameStop did,” Galaxy Digital CEO Mike Novogratz told CNBC.
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Venmo Users Can Now Buy and Sell Bitcoin and Other Cryptocurrencies
Venmo will show users a new feature that lets them invest in four different cryptocurrencies with a minimum spending requirement of $1.
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Investors Are Poorly Prepared for Inflation, All-Star Money Manager Rich Bernstein Warns
Institutional Investor Hall of Famer Richard Bernstein is finding a lot of denial about inflation risks in the market.
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UK to Explore Issuing Its Own Digital Currency Amid Bitcoin Boom
The U.K. Treasury and Bank of England have launched a joint taskforce to explore a potential central bank digital currency.
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After a Wild Weekend, Bitcoin Could Take a Breather Before the Next Move Higher
Bitcoin’s big swing in prices over the weekend likely set the stage for a period of consolidation before the cryptocurrency can make another move higher.
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Bitcoin's Sell-Off by the Numbers: Oppenheimer Puts the Latest Drop Into Perspective
It’s been a wild few days for bitcoin. Ari Wald of Oppenheimer breaks down the latest moves.
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After a Bitcoin Crackdown, China Now Calls It an ‘Investment Alternative' in a Significant Shift in Tone
China called bitcoin an “investment alternative” marking a significant shift in tone after regulators cracked down on cryptocurrency trading in 2017.
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We're Closer to a Bitcoin ETF, ‘But We're Not All the Way There Yet,' Market Analyst Says
“The market has to be good enough, has to be institutional enough, has to be mature enough” before a bitcoin ETF is approved, Bitwise’s Matt Hougan says.
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Dogecoin Spikes 400% in a Week, Stoking Fears of a Cryptocurrency Bubble
Defying all odds, dogecoin is now worth $40 billion, and its price has risen by a whopping 300% in the last seven days.
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Mark Cuban on the Dogecoin Price Surge: ‘Supply and Demand Is Undefeated'
Investor Mark Cuban has “no idea” what the surge in dogecoin price means, but “I do know that supply and demand is undefeated. So it will find its level.”
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Coinbase Stock Closes Down Day After Landmark Nasdaq Debut
Coinbase shares whipsawed Thursday, a day after the cryptocurrency exchange went public in a blockbuster direct listing.
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Mark Cuban Says Bitcoin Is Far From Its Market Top: ‘The Opportunity for It to Go Much Higher Certainly Exists'
Bitcoin hit a record high on Wednesday in anticipation of Coinbase’s direct listing. According to Mark Cuban, this isn’t the peak for the cryptocurrency, but it’s still volatile.
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‘Phony Money Paying for Real Money' — Cramer Sells Some Bitcoin and Pays Off a Home Mortgage
“It was so great to pay off a mortgage. It was like, kind of, phony money paying for real money,” CNBC’s Jim Cramer said.
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BlackRock's Larry Fink Says Institutional Clients Focus More on Climate, Inflation Than Bitcoin
BlackRock’s institutional clients are more concerned about climate change and inflation than cryptocurrencies, CEO Larry Fink told CNBC.