Blockchain Bites: DOGE Chases After GameStop, Guggenheim Doubts $30K Bitcoin
Following a tweet from “WSB Chairman" inquiring about the meme cryptocurrency dogecoin prices went haywire.
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Guggenheim CIO Scott Minerd has warned crypto investors about bitcoin’s pullback. He said bitcoin “clearly has gotten caught in a speculative bubble that Gamestop got into.” However, he noted that it will be a “great entry point” for long-term investors. ‘Great Entry Point’ for Bitcoin Investors The chief investment officer (CIO) of Guggenheim Partners, Scott Minerd, talked about bitcoin in an interview with CNN last week. Minerd is also the chairman of Guggenheim Investments, the global asset management and investment advisory division of....
The world's largest asset manager will allow two of its funds to get into bitcoin futures, as Guggenheim speculates a market pullback in the near term.