Carl Icahn Sees Market Crisis Brewing, Notes Bitcoin’s Potential
Excessive money supply and rising inflation could lead to an U.S. market meltdown, he said, a perfect setup for Bitcoin.Excessive money supply and rising inflation could negatively affect U.S. markets, billionaire Carl Icahn said.“In the long run we are certainly going to hit the wall,” Icahn said. “I really think there will be a crisis the way we are going, the way we are printing money, the way we are going into inflation.”Bitcoin could be valuable if inflation indeed runs “rampant,” he said.Longtime activist investor and Icahn Enterprises Chairman Carl Icahn spoke to CNBC today on U.S.....
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Legendary American businessman Carl Icahn has apparently changed his position on cryptocurrencies. In an interview for Bloomberg Markets’, Icahn hinted at a potential investment of up to $1.5 billion in the sector. Thus, Carl Icahn shares the stance of Stanley Druckenmiller, Paul Tudor Jones, and most recently Ray Dalio on this new asset class. Icahn […]
Billionaire investor Carl Icahn, the founder of Icahn Enterprises, says that his company is exploring how to get involved in cryptocurrency “in a relatively big way,” which he said could be an investment of about $1.5 billion. Carl Icahn Exploring Getting Into Cryptocurrency Carl Icahn, the founder and controlling shareholder of Icahn Enterprises, a diversified conglomerate holding company based in New York City, revealed his cryptocurrency plan in an interview with Bloomberg on Wednesday. He said: I’m looking at the whole business and how I can get involved in it with....
Billionaire Carl Icahn, the founder of Icahn Enterprises, has predicted that the U.S. economy could be heading into “a recession or even worse.” The famous investor warned of “a lot of trouble ahead” and “a rough landing.”
Billionaire Carl Icahn Predicts a Recession in the US
Famous investor and billionaire Carl Icahn said Tuesday in an interview with CNBC that a recession or something worse could be on the horizon for the U.S. economy. Icahn is the founder of Icahn Enterprises, a public company and diversified conglomerate holding....
Billionaire Carl Icahn may invest up to $1.5 billion into crypto while noting that “much of the cryptocurrency issued today will not survive.” Former crypto skeptic Carl Icahn, the founder of Icahn Enterprises, told Bloomberg he’s set to enter the crypto market in a “big way” — teasing an investment of around $1.5 billion. Icahn is an investor and former advisor to the Trump administration who has a net worth of $15.6 billion according to Forbes. In 2018 Icahn told CNBC that crypto is “ridiculous” and added “maybe I’m too old for them, but I wouldn’t touch that stuff.”But speaking on May....
His comments were in line with Federal Reserve Chairman Jerome Powell, who mentioned that inflation was rising along with supply issues. Billionaire investor Carl Icahn warned Tuesday that the next market crisis may be on the horizon, and Bitcoin could be the best hedge against inflation.With the United States government continuing to stimulate the economy, Icahn stated that he fears the dollar is becoming more devalued and that the price of goods is rising.“In the long run we are certainly going to hit the wall. I really think there will be a crisis the way we are going, the way we are....