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Tag: People in crypto

Profiles of notorious people in crypto.

Mike McGlone

Mike McGlone: Crypto will rise again in 2023

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Mike McGlone, a Bloomberg commodities strategist, believes that the cryptocurrency market will rise again in 2023. In a new analysis, McGlone notes that the value of the cryptocurrency market declined by $1.3 trillion in 2022, as of early December, which is roughly equivalent to the combined decline in market capitalization of Amazon and Google. According to McGlone, this decline shows that the cryptocurrency market is still in its early...

Cryptocurrencies, Ethereum, People in crypto

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Kevin O'Leary

Kevin O’Leary: Idiot managers always get wiped out and that’s okay

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Bitcoin is held mainly by individuals, some family offices, and some hedge funds, but in the context of what can be a nothingburger. Is Bitcoin a hedge against inflation? So far it has not worked despite the absence of regulation, as it is not being indexed. It may be a chicken and egg conundrum, and may be more valuable than gold. However, institutions are allowed to own gold, and they own up to five percent of allocations or ETFs that...

Bitcoin, Crypto adoption, Crypto regulation, Cryptocurrencies, Ethereum, People in crypto

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Chanpeng Zhao

Changpeng Zhao: looking at possibly owning banks

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During an interview done by the Bloomberg team at the Web Summit conference in Lisbon, Zhao said that he is willing to make minority investments or pursue outright acquisitions in order to reach the previously stated objective. Changpeng Zhao, CEO and founder of Binance, said that he is contemplating purchasing banks in an effort to further bridge the gap between conventional banking and cryptocurrency. “There are individuals who...

Exchanges, People in crypto

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Raoul Pal

Raoul Pal: I bought cryptocurrency lately

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Raoul Pal, an investor, entrepreneur, and former sales executive for Goldman Sachs in Europe, said that he is now amassing a significant amount of cryptocurrency reserves in anticipation of a worldwide economic slump. The economy may decline During an interview done by the Twitter account Real Vision, Pal gave his opinions on the current macroeconomic scenario, elaborating on the importance of both the stock market and cryptocurrencies...

Crypto adoption, Cryptocurrencies, People in crypto

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David M Rubenstein

David Rubenstein: Crypto constituency is strong in Congress

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David Rubenstein, a billionaire and co-founder of the Carlyle Group, is one of the very rich people who have come out in support of digital currencies. He has publicly proclaimed his support for cryptocurrency in an interview with CNBC. The wealthy investor said, among other things, that “the greatest riches are amassed by those who disregard common thinking.“ He also expressed optimism over bitcoin regulation, stating his...

Crypto adoption, Cryptocurrencies, People in crypto

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