So there's this:
www.forbes.com
And here's some snippets:
‘Peak Stupid’—Cataclysmic Market Warning Issued As The Price Of Bitcoin And Ethereum Crash
One billionaire value investor has warned some are going to get badly hurt in the coming cataclysmic market shift...
www.forbes.com
And here's some snippets:
Bitcoin, ethereum and other cryptocurrency prices have crashed as the crisis in Ukraine rattles global investors.
The bitcoin price, dipping under $38,000 per bitcoin, is down 10% on this time last week and almost 30% from its early February high of almost $46,000. Ethereum, the second-largest cryptocurrency after bitcoin, has seen similar declines—with fierce competition weighing on the ethereum price.
Now, as assets that have soared over the last couple of years see heavy sell-offs in the face of looming Federal Reserve interest rate hikes, one billionaire value investor has warned some are going to get badly hurt in the coming "cataclysmic market shift."
The bitcoin and crypto market hit a combined value of around $3 trillion in November last year, up from under $300 billion two years ago.
"We really did hit peak stupid, but peak stupid extended beyond truly, truly stupid and then we went to bottom-of-the-ocean-rare-earth-metal-companies stupid."
