bubble

‘Big Short’ Investor Michael Burry Says ‘I’ve Never Shorted Any Cryptocurrency’ — Warns of the Biggest Bubble

Source Node: https://news.bitcoin.com/big-short-investor-michael-burry-never-shorted-any-cryptocurrency-warns-biggest-bubble/
Time Stamp: November 15, 2021 9:30 PM - Modified On: November 15, 2021 - Published By:
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Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, says that he has never shorted any cryptocurrency. He further warned that the current bubble is the biggest one. Michael Burry on Bubbles and Shorting Cryptocurrencies Famous investor and founder of private investment firm Scion Asset Management, Michael Burry, has confirmed on Twitter that he has never shorted cryptocurrency. Burry is best known for being the first investor to foresee and profit from the U.S. subprime mortgage crisis that occurred between 2007 and 2010. He is profiled in

The cryptocurrency space has been…

Source Node: https://ambcrypto.com/186408-2/
Time Stamp: September 24, 2021 7:30 AM - Modified On: September 24, 2021 - Published By:
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The cryptocurrency space has been seeing another boom lately, despite increasing regulatory scrutiny. In fact, according to an industry report by Crypto Parrot, there were 4,908 cryptocurrency launches over the past year. At the time of writing, the crypto-market had around 12,046 cryptos with a cumulative market cap of over $2 trillion. A 68.75% increase! A lot of the recent momentum in the space is the result of institutional investors now seemingly warming up to cryptocurrencies and DeFi. For instance, Fidelity Digital Assets’ 2021 report showed that 84% of U.S.

Why this billionaire investor’s crypto-investment advice has no basis

Source Node: https://ambcrypto.com/why-this-billionaire-investors-crypto-investment-advice-has-no-basis/
Time Stamp: September 1, 2021 5:30 AM - Modified On: September 1, 2021 - Published By:
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The “Bitcoin is a bubble” theory has been touted for as long as the digital asset has existed. Despite Bitcoin providing optimum returns over the last few years, many traditional investors have failed to find value in the crypto. Billionaire investor and subprime broker John Paulson is the latest addition to this clique. In a recent interview, Paulson called crypto a bubble that will “eventually prove to be worthless.” Paulson had famously predicted and benefited from the U.S. subprime mortgage crisis in 2008 by placing a successful short position on

NFT GENIUS ANNOUNCES THEIR PREMIER EVENT, THE NFT EXPERIENCE, IS BACK. THIS TIME WITH MARK CUBAN.

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Time Stamp: August 6, 2021 3:28 AM - Modified On: August 9, 2021 - Published By:
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The NFT Experience, happening virtually on August 11th & 12th, will showcase Mark Cuban, Roham Gharegozlou of Dapper Labs and 40 other leading industry panelists sharing how NFTs are shaping culture, entertainment, art, and business. LOS ANGELES, August 5, 2021 - The NFT Experience is the premier event put on yearly by major NFT production house, NFT Genius. This year’s virtual event will include Mark Cuban discussing why he is picking winners and losers in the NFT space, making comparisons to Web 1.0, and what he is looking for in