Investment Advisor Says Bitcoin Is ‘Very Dangerous to Hold Today’ Citing Warn...
Investment advisor and former Prudent Bear Fund manager David Tice has warned about investing in bitcoin. Citing “negative statements” by central bankers and regulators, such as the Bank of England, he said that it is “very dangerous to hold” bitcoin today. Investment Advisor David Tice Warns It’s Dangerous to Invest in Bitcoin David Tice, who sold his bear fund as the 2008 financial crisis was unfolding, talked about the stock market and bitcoin in an interview with CNBC Friday. A former Prudent Bear Fund manager, Tice is known for making bearish bets during....
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On this episode of the 'On Purpose' podcast, independent registered investment advisor Tyrone Ross digs into the thorny topic of bitcoin and digital assets through the lens of your average Financial Advisor.
Financial advisor Ric Edelman, founder of Edelman Financial Engines and RIA Digital Assets Council, has recommended having bitcoin in investment portfolios despite the cryptocurrency’s volatility. “This is totally new and different and it’s the first genuinely new asset class in about 150 years,” he said, emphasizing that “It has tremendous investment opportunities.” Ric Edelman Sees Benefits of Having Bitcoin in Portfolios Ric Edelman talked about bitcoin and cryptocurrency investments in an interview with Yahoo Finance last week. He founded Edelman....
SkyBridge Capital has filed for a Bitcoin ETF in partnership with First Trust Advisors. New York-based investment firm SkyBridge Capital has filed for a Bitcoin (BTC) exchange-traded fund, or ETF, with the United States Securities and Exchange Commission.SkyBridge submitted the filing on March 19 in partnership with investment advisor First Trust Advisors. First Trust will act as the fund's advisor and Skybridge serving as sub-advisor.The documents state the First Trust SkyBridge Bitcoin ETF will seek to list its shares on the New York Stock Exchange Arca. A ticker symbol is yet to be....
The experienced leader in cultural arts will bring a wealth of experience to APENFT as it seeks to bring blockchain to the artworld, registering world-class artworks as NFTs. APENFT has announced that Barret Wissman will be joining the organization as Chief Investment Advisor. Wissman, an avid entrepreneur, philanthropist, and concert pianist, is the Chairman of […]
The rapidly spiking price of bitcoin has caused some analysts to warn investors about investing in Barry Silbert’s Grayscale Bitcoin Investment Trust (GBIT). Bubbles have started to form for bitcoin’s price, according to Parke Shall, a financial analyst at Orange Peel Investments, writing in Seeking Alpha. Shall noted that the bitcoin price traded at over $1,800 Thursday morning, which is 40% more than where it was a short time ago. The influx of capital has contributed to the bubble, Shall warned. He said he wanted to prevent people from buying bitcoin at a 70% premium. The intraday price....