Crypto fund defaults on $670M loan, and Bitfury CEO says prices aren’t ‘relevant’: CNBC Crypto World

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Crypto fund defaults on $670M loan, and Bitfury CEO says prices aren’t ‘relevant’: CNBC Crypto World

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, CNBC speaks to Brian Brooks, CEO of Bitfury, and Brooks Entwistle, managing director of APAC & MENA for Ripple, at the Aspen Ideas Festival. 00:00 – CNBC Crypto World,June 27,2022 0:24 – Crypto prices fall 0:37 – The headlines 2:03 – Aspen Ideas Festival 7:29 – One last thing » Subscribe to CNBC TV: n » Subscribe to CNBC: C Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. The News with Shepard Smith is CNBC’s daily news podcast providing deep, non-partisan coverage and perspective on the day’s most important stories. Available to listen by 8:30pm ET / 5:30pm PT daily beginning September 30: . Connect with CNBC News Online Get the latest news: / Follow CNBC on LinkedIn: C Follow CNBC News on Facebook: C Follow CNBC News on Twitter: C Follow CNBC News on Instagram: C . #CNBC #CNBCTV Crypto fund defaults on $670M loan, and Bitfury CEO says prices aren’t ‘relevant’: CNBC Crypto World

10 thoughts on “Crypto fund defaults on $670M loan, and Bitfury CEO says prices aren’t ‘relevant’: CNBC Crypto World”

  1. Bear markets can be painful when you have borrowed conviction & no cash to take advantage of the opportunities. Many are starting to realize the importance of having cash on hand, doing proper thorough due diligence, & developing your own conviction with a certain company.

  2. I've been trading stocks a while now before I started trading crypto coins. Even though bitcoin is volatile, its price movement is influenced by the same conditions as tradFi(Supply and Demand), With this you can time pivot signals with the right tools, "rinse and repeat". Recent capitulations are perfect for a rally. Considering all this, you need to have a go to strategy when trading, because when you buybitcoin, you're buying days you won't have to work. Prior to meeting Callum Lucas, I've suffered a series of trading losses. His Signal strategies have been extremely profitable for my crypto trading as I've watched my portfolio grow by six figures under his guidance.

  3. Crypto will be worthless, whenever the 2nd great depression hits. Buttons. Sewing needle and thread will be more valuable than gold

  4. Crypto will be worthless, whenever the 2nd great depression hits. Buttons. Sewing needle and thread will be more valuable than gold

  5. You are witnessing the beginning stages of a new financial system setting up shop.

  6. I don't understand Y is evry1 panicking about the crypto crash it follows the same exact pattern after every all time high it crashes to the last to the price of the previous all time high and then by late 2024 or early 2025 we will see another all time high again

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