Guggenheim CIO Scott Minerd backflips on crypto, calling it 'Tulipmania'
In complete 180 on his stance just a few months ago, the global Chief Investment Officer of investment giant Guggenheim has reacted to the crypto market crash by referring to it as ‘Tulipmania’. It seems like Elon Musk is not the only wealthy person to make a u-turn on their position towards Bitcoin and crypto […]
Bitcoin must cost 10X more with 10X less utility to match Tulip Mania — Investor
Bitcoin (BTC) and cryptocurrencies look nothing like the Tulip Mania of the 17th century even after their rapid gains, one macro investor says. In a tweet on Feb. 15, Dan Tapeiro, co-founder of 10T Holdings, argued that in terms of price relative to average income, Bitcoin and Ether (ETH) still have a huge way to […]