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Guggenheim CIO Scott Minerd Warns of a Crypto ‘Washout’ Similar to the Internet Bubble

Guggenheim CIO Scott Minerd Warns of a Crypto ‘Washout’ Similar to the Internet BubbleGuggenheim Partners CIO Scott Minerd believes there is going to be a crypto washout similar to the internet bubble. “There’s another shoe to drop,” he warned. Nonetheless, the executive is confident that the crypto industry will move forward despite the collapse of crypto exchange FTX. Guggenheim’s Scott Minerd Shares Crypto Outlook Guggenheim Partners Global Chief […]

Franklin Templeton’s Ethereum spot ETF listed on DTCC

Guggenheim Registers Fund That Allows Bitcoin Exposure After CIO Calls Crypto Tulipmania, Predicts BTC Crash

Guggenheim Registers Fund That Allows Bitcoin Exposure After CIO Calls Crypto Tulipmania, Predicts BTC CrashGuggenheim has registered a new fund with the U.S. Securities and Exchange Commission (SEC) that could have exposure to cryptocurrencies, particularly bitcoin. The filing came as the asset management firm’s chief investment officer repeatedly made bearish bitcoin predictions, calling cryptocurrency Tulipmania. Guggenheim Launching Fund Which Could Have Exposure to Bitcoin Guggenheim Funds Investment Advisors LLC […]

Franklin Templeton’s Ethereum spot ETF listed on DTCC

Guggenheim CIO Scott Minerd Predicts More Bitcoin Sell-Off but Remains Bullish Long Term

Guggenheim CIO Scott Minerd Predicts More Bitcoin Sell-Off but Remains Bullish Long TermThe chief investment officer of Guggenheim, Scott Minerd, has predicted more sell-off for bitcoin. He also warned that it will take a while for the cryptocurrency to return to its previous highs. However, in the long term, Minerd has predicted that bitcoin’s price could rise to $600K. Bitcoin Sell-Off to Continue, Minerd Says The chief […]

Franklin Templeton’s Ethereum spot ETF listed on DTCC

Investment Manager Guggenheim Warns of ‘Major Correction’ in Bitcoin

Investment Manager Guggenheim Warns of ‘Major Correction’ in BitcoinGuggenheim CIO Scott Minerd has warned of a “major correction” in bitcoin in the near term. Claiming that bitcoin is “very frothy,” he is forecasting a 50% decline in the price of the cryptocurrency. Scott Minerd’s Latest Warning About Bitcoin The chief investment officer (CIO) of Guggenheim Partners, Scott Minerd, is back with another bearish […]

Franklin Templeton’s Ethereum spot ETF listed on DTCC

Investment Manager Guggenheim Warns of Bitcoin Pullback, Calls It ‘Great Entry Point’ for Investors

Investment Manager Guggenheim Warns of Bitcoin Pullback, Calls It ‘Great Entry Point’ for InvestorsGuggenheim 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 […]

Franklin Templeton’s Ethereum spot ETF listed on DTCC