The Founder and CEO of Citadel LLC – Ken Griffin – has been among the biggest critic of the cryptocurrency industry in the past few years. However, in his most recent appearance, he admitted being wro...
Tag: Wrong
Billionaire Ken Griffin Admits He Was Wrong About Bitcoin, Crypto
Billionaire Ken Griffin has a rocky relationship with the crypto sphere, to say the least. After being one of the fledgling critics of the young industry, he distinguished himself by buying up at the ...
Citadel Chief Ken Griffin Admits He Was Wrong About BTC
Billionaire hedge fund manager and one of Bitcoin’s harshest and most vocal critics, Ken Griffin, seems to have had a change of heart, admitting that he was wrong about the crypto space and Bitcoin. ...
Billionaire admits he was wrong about Bitcoin as Citadel looks to crypto markets
American multinational hedge fund and financial services company Citadel is poised to enter cryptocurrency markets this year. Speaking on Bloomberg Wealth with David Rubenstein, Citadel founder Ken Gr...
Billionaire Ken Griffin Admits He Was Wrong About Crypto
Alex Dovbnya Citadel’s Ken Griffin has changed his stance on cryptocurrencies Citadel CEO Ken Griffin has changed his tune on cryptocurrencies, admitting that he was wrong about the burgeoning a...
Why George Soros Is Wrong About Rivian
An electric pickup truck by Rivian. Photo by Spencer Platt/Getty Images Getty Images George Soros recently bought shares of Rivian Automotive (RIVN). I think he’s wrong. Shares in Rivian, an elect...
Ruby On Rails Creator Admits Being Wrong About Crypto
David Hansson – creator of full-stack framework “Ruby on Rails” – recently confessed that his absolute anti-crypto stance was misguided. In light of Canada’s recent sanctions against Canada’s trucker ...
Pantera Capital’s Dan Morehead Says Interest Rate Hike Great for Crypto, Believes Markets Are Getting It Wrong
Pantera Capital CEO Dan Morehead says he believes that market participants are missing the forest for the trees when it comes to the possibility of an interest rate hike next month. Morehead says tha...
Bond Veterans Say Market Wrong to See Fed Hikes Ending Near 2%
(Bloomberg) — To a growing faction of Wall Street bond veterans, investors are making a major miscalculation by betting the Federal Reserve’s coming cycle of interest-rate hikes will end with it...
3 Things Every Investor Is Getting Wrong Now
Businessmen with different opinions getty We’re seeing signs every day that this pouting market is way oversold—and contrarians that we are, we’re going to work this sentiment to grab stout closed-end...
Pence Says He ‘Had No Right To Overturn The Election’—And Trump Is ‘Wrong’ To Claim He Did
Topline Former Vice President Mike Pence said in a speech Friday he had “no right to overturn” the 2020 election, and said former President Donald Trump was “wrong” to claim Pence could have reversed ...
What ‘Line Goes Up’ Gets Wrong (and Right) About NFTs
For Olson, crypto is even worse. The technology is broken, he says, but, even if it worked, it would be net negative. His arguments are well researched and justifiable. Although there are a few factua...
What’s wrong with trillion-dollar companies?
A version of this post was originally published on TKer.co. I’m guessing you’ve seen a valuation chart that looks something like the one below. If you haven’t, the message is simple: Five stocks (Face...
Is IMF ‘on the wrong side of history’ as it issues yet another warning to El Salvador
There have been several critics of El Salvador’s policy to accept Bitcoin as legal tender. In the past, the International Monetary Fund (IMF) has made several recommendations against the decision. Now...
Is it really wrong to say Bitcoiners ‘do not care’ about Bitcoin’s price drop
Bitcoin’s price crash has set many investors panicking as they perhaps question their investment strategies and the health of their portfolios. For his part, investment analyst Anthony Pompliano claim...
Stablecoin Issuer Tether Has Recovered Over $87 Million in USDT Sent to Wrong Addresses
Since its launch, Tether, the company behind the top USD-pegged stablecoin USDT has helped recover more than $87 million sent to wrong addresses, The Block reports, January 22, 2022. Tether Has Recove...
Bill Maher Uses ‘Masked Paranoid World’ To Describe Covid-19 Situation, Here’s What He’s Got Wrong Again
Bill Maher (center, not wearing a face mask) once again talked about Covid-19 and Covid-19 … [+] precautions during the season premier of his HBO show, “Real Time with Bill Maher.” (...
Apart From Bitcoin, Many Altcoins Were Doing Good! What Actually Went Wrong? Here’s What Next! – Coinpedia – Fintech & Cryptocurreny News Media
The crypto-verse witnessed yet another market crash on Thursday, which has wiped out approximately $20 billion in market cap in the last 24 hours. The crash has pulled down the majority of blue-chip p...
Bitcoin Mining ‘Is a Perfect Battery’: Why Foundry Insists Green Activists Are Wrong
In brief Bitcoin mining’s migration to North America has raised scrutiny of its environmental impact. Mining giant Foundry claims the industry is accelerating a move to renewables. The issue has...
What Went Wrong In The Crypto.com (CRO) Hack? Experts Weigh In
The Crypto.com hack is less than a week old and still very fresh in the minds of investors in the space. In what was a brief attack, the hackers were able to access a portion of users’ accounts on the...
The Right (and Wrong Way) to Get Web 3 Adoption
Last week, there was a small uproar in the Web 3 world when a new protocol, DeSo, announced an update to its user login flow. Previously, the decentralized media service had asked users to enter their...
The Fed Will Drive The Economy Into A Ditch If It Is Wrong About Inflation
Shipping containers stacked at the Port of Los Angeles. (Photo by Mario Tama/Getty Images) Getty Images Inflation is hitting very high numbers – CPI, for example, is at its highest level since 1982. B...
A look at the fees.wtf airdrop and what went wrong
On Thursday evening, crypto information site fees.wtf launched an airdrop for members of the crypto community. Only, it didn’t go so well. The website became popular because it enabled anyone to...
Ethereum Bears Are Wrong, According to Crypto Analyst Nicholas Merten – Here’s Why
Crypto analyst Nicholas Merten says that Ethereum (ETH) is not entering a bear market despite being in a downtrend for nearly nine weeks. In a new video, the host of DataDash tells his 492,000 YouTube...
Moxie Marlinspike: Here’s what’s wrong with Web3
In a blog post published on Jan 07, Moxie Marlinspike, creator and maintainer of the Signal messaging app, expressed concerns about Web3 and in particular its claim to be a new and decentralized futur...
Ethereum Inventor Starts 2022 Revisiting Ideas, Where Was He Wrong?
The inventor of Ethereum Vitalik Buterin has come out of a self-imposed Twitter hibernation period, as he called via his personal account. On his first post of 2022, Buterin reviewed some of the ideas...
How Did Wall Street Get Tesla’s Fourth-Quarter Deliveries So Wrong?
Text size Photograph by Justin Sullivan/Getty Images Electric-vehicle leader Tesla blew away Wall Street’s fourth-quarter delivery expectations. The plaudits are pouring in from Wall Street. “Jaw-drop...
‘We Were Wrong’ About Exxon’s Prospects, Analyst Says
Text size Scott Olson/Getty Images A former bear on Exxon Mobil has changed his tune, and acknowledged that he underestimated the company’s comeback last year. RBC Capital Markets analyst Biraj Borkha...