Bear market will last until crypto apps are actually useful: Mark Cuban
The billionaire investor said a bigger focus on applications and utility outside of finance would bring more back to the crypto space and possibly reverse the declining market. Mark Cuban, the billionaire entrepreneur known for his role as one of the main investors on the reality television show Shark Tank, said the crypto bear market won't be over until there’s a better focus on applications with utility.He also doesn’t think the market has hit “cheap” prices yet. Cuban has stated in the past around 80% of his non-Shark Tank portfolio was in crypto. Appearing on a June 23 episode of the....
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The declining crypto market has raised lots of concerns among investors. Through several analyses, this prevailing price fall seems to be the worst in history. The crisis keeps raging with numerous losses recorded and more panic sell-off from traders. As a result, many people present ideas that could yield solutions to the situation. One of the trending reports is the statement of billionaire entrepreneur Mark Cuban concerning the bear market. Cuban, popularly known as the top investor in Shark Tank, a reality TV show, believes in the role of applications. He mentioned that proper focus on....
The billionaire investor and television personality, Mark Cuban recently did an interview on the recent episode of a podcast and discussed crypto assets at length. Cuban says his cryptocurrency portfolio is 60% bitcoin, 30% ethereum, and the rest is dedicated to smaller cap cryptos. Mark Cuban Shares His Crypto Portfolio Allocations Mark Cuban is a well known investor, one of the hosts on Shark Tank, and the owner of the National Basketball Association’s (NBA) Dallas Mavericks. For years now, Cubans and some of his fellow Shark Tank co-hosts have been discussing cryptocurrencies and....
Billionaire Shark Tank investor Mark Cuban sees cryptocurrency “exactly” like the dot-com bubble. He says bitcoin and a few other cryptocurrencies are analogous to those dot-com stocks, like Amazon and Ebay, that survived the bubble burst and thrived. Mark Cuban Likens Crypto to Dot-Com Bubble Shark Tank star Mark Cuban compared what he feels is a bubble in bitcoin to the dot-com bubble on Monday after the price of the cryptocurrency took a nosedive. The owner of the National Basketball Association’s (NBA) Dallas Mavericks tweeted: Watching the cryptos trade, it’s....
“When businesses can use smart contracts to gain a competitive advantage, they will. The chains that realize this will survive,” according to Mark Cuban. Billionaire investor Mark Cuban has tipped commercial smart contract adoption as the next catalyst to drive the crypto and blockchain sector. The Dallas Mavericks owner and crypto proponent was commenting on the current “lull” state of the crypto market in comparison to the internet or dot com bubble in the early 2000s, which saw a lot of over-hyped and relatively similar companies collapse. The crypto market is painting a fairly grim....
Billionaire Mark Cuban warned on Twitter that he faltering sector, whose prices have already been hammered by rising interest rates and recession fears, might face a “nightmare” as a result of tighter SEC oversight. Mark Cuban Throws Jab At SEC Mark Cuban, Shark Tank star and investor, has cautioned that the Security and Exchange Commission’s […]