Squawk Box – DIGIT INFO

Warren Buffett Likens Bitcoin to Gambling and Chain Letters in Recent Interview

DIGIT — Wed, 12 Apr 2023 23:49:56 +0000

Finance mogul Warren Buffett, one of the most successful investors in history, discussed bitcoin during an interview on CNBC’s Squawk Box on April 12. As he has done in previous interviews, the business magnate likened bitcoin to a gambling scheme and chain letters he received as a child. Buffett Shares His Two Cents on Bitcoin, […]

Go to Source

US credit crunch means it’s time to buy gold and Bitcoin: Novogratz

DIGIT — Thu, 16 Mar 2023 04:26:57 +0000

The Galaxy Digital CEO predicts tough times ahead for the U.S. economy, but continues to be bullish on crypto.

Go to Source

‘Midnight Massacre:’ SEC Crackdown on Crypto Staking Services Prompts Speculation of Further Enforcement Actions

DIGIT — Sat, 11 Feb 2023 02:04:58 +0000

On Feb. 9, 2023, the cryptocurrency community learned of the U.S. Securities and Exchange Commission’s (SEC) crackdown on staking services. The SEC fined Kraken, a cryptocurrency exchange, $30 million for offering an “unregistered offering” related to its U.S. staking service. Digital currency advocates are now debating what constitutes a yield product versus a noncustodial solution […]

Go to Source

SBF Was ‘Delusional,’ Will ‘Spend Time in Jail’ Says Galaxy’s Mike Novogratz — ‘He Needs to Be Prosecuted’

DIGIT — Fri, 02 Dec 2022 06:30:42 +0000

Galaxy Digital’s CEO Mike Novogratz talked to Andrew Ross Sorkin on CNBC’s Squawk Box and gave his reaction to Sam Bankman-Fried’s (SBF) recent New York Times (NYT) Dealbook Summit interview. Novogratz said that SBF was “delusional” and insisted that the former FTX CEO needs to be prosecuted and further said, “he will spend time in […]

Go to Source

Secretary Yellen recognizes ‘benefits of crypto’ despite lingering skepticism

DIGIT — Fri, 25 Mar 2022 21:15:00 +0000

U.S. Secretary of the Treasury, Janet Yellen speaks to CNBC’s Squawk Box shares her views on the state of digital assets amid calls for imposed regulations.

Go to Source

Former NYSE President Says for Bitcoin to Exceed Gold It Needs to Be Accepted More as Currency

DIGIT — Thu, 24 Jun 2021 21:30:01 +0000

On June 24, the CEO of Far Peak Acquisition Corp. and former New York Stock Exchange (NYSE) president, Thomas Farley discussed the future of bitcoin and gold on the CNBC broadcast Squawk Box. Farley is optimistic about the leading crypto asset but he doesn’t believe it will surpass gold’s $10 trillion market capitalization unless it’s […]

Go to Source

Bitcoin is risky digital ‘copper’, it’s not gold — Goldman Sachs commodities boss

DIGIT — Wed, 02 Jun 2021 02:41:06 +0000

Jeff Currie, the global head of commodities research at Goldman Sachs, described Bitcoin as a “risk-on” asset that is similar to copper as a hedge against inflation.

Go to Source

Market Update: Coronavirus Fears, Stock Market Crash, and Bitcoin Price Predictions

DIGIT — Sun, 01 Mar 2020 15:30:23 +0000

Digital currency markets have been consolidating since the initial price drop on February 26 that saw $25 billion shaved off the entire cryptocurrency market. At the time of publication, the cryptoconomy is hovering just above the $245 billion zone and a few coins today are making slight gains. Also read: MTV Airs Only the Negative […]

The post Market Update: Coronavirus Fears, Stock Market Crash, and Bitcoin Price Predictions appeared first on Bitcoin News.

Go to Source

Warren Buffett Slates Bitcoin, Denies Owning Crypto Gifted by Justin Sun

DIGIT — Mon, 24 Feb 2020 20:45:09 +0000

“I don’t have any bitcoin. I don’t own any cryptocurrency, I never will … You can’t do anything with it except sell it to somebody else.” So claimed Warren Buffet in an interview this week on CNBC. Over the course of the two-minute segment, the billionaire investor tore into bitcoin’s value proposition, and obliquely threw […]

The post Warren Buffett Slates Bitcoin, Denies Owning Crypto Gifted by Justin Sun appeared first on Bitcoin News.

Go to Source