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Browsing Archive: May, 2022

Guggenheim’s Minerd Sees Bitcoin Sinking to $8,000 With Crypto Now ‘Suspect’

Posted by Alex Wittenberg - on Friday, May 27, 2022, In : 848FINACE 


Guggenheim Partners Chief Investment Officer Scott Minerd said he expects Bitcoin to fall to $8,000 and that cryptocurrency has become a market of “a bunch of yahoos.” 

“Bitcoin and any cryptocurrency at this point has not really established itself as a credible institutional investment,” Minerd said Wednesday during a Bloomberg Television interview from the World Economic Forum in Davos, Switzerland. “Everything is suspect.”

Minerd said his firm bought Bitcoin at $20,000 and sold w...


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Ether Accounts for Almost Half of $520M Liquidations Amid Weak On-Chain Data

Posted by CoinDesk: Shaurya Malwa on Friday, May 27, 2022, In : TRADING FLOOR 



on't miss CoinDesk's Consensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12.

Bitcoin (BTC) and ether (ETH) lost pivotal support levels in the past 24 hours amid weakening sentiment for the broader crypto market – a move that caused over $520 million in liquidations, data shows.

Ether-tracked futures lost upwards of $236 million, nearly double those of $125 million on bitcoin futures. The losses were unusual for ether, which mostly sees...


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Invest Like A President: Here’s What We Know About Barack Obama's Stock Portfolio

Posted by Afrotech: Invest Like A President: Here’s What We Know About Barack Obama's Stock Portfolio on Friday, May 27, 2022, In : #WATCHLiST 


President Barack Obama knows how to rule a country — and how to make money.

Since leaving office in 2016, AfroTech has been keeping up with America’s favorite President and his subsequent money moves. Whether he’s teaching college courses, joining NBA Africa, or launching a podcast series with Spotify, Barack Obama has been working hard for the money.

In fact, Obama has been richer than he’s ever been in his life. Since leaving office, he’s grown his net worth by $70 million, and acco...


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World’s Richest Family Loses $19 Billion in Walmart Wipeout

Posted by D Pendleton on Saturday, May 21, 2022, In : #WATCHLiST