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Bitcoin Slump Raises Questions About Crypto’s Purpose

Bitcoin’s price fell below $70,000 on Monday, a slump from a peak of $126,000 last October, as investors grapple with existential questions about what crypto is for. Jalak Jobanputra, founder and managing partner of FuturePerfect Ventures, discusses opportunities in the sector with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe…

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Bitcoin’s price fell below $70,000 on Monday, a slump from a peak of $126,000 last October, as investors grapple with existential questions about what crypto is for. Jalak Jobanputra, founder and managing partner of FuturePerfect Ventures, discusses opportunities in the sector with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.”
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9 Comments

9 Comments

  1. @BullsEye3333

    February 9, 2026 at 2:08 pm

    What is all this bullshit about digital gold? Bitcoin is so much more.
    I’ve been screwed over by banks for decades. High fees, hidden fees, every single penny seized out of my account, chargeback fees, 7 business day hold, banking hours, identity theft, etc. Becoming my own bank with Bitcoin instantly fixed everything.

    • @BernaysPropaganda

      February 9, 2026 at 2:10 pm

      🤣🤣🤣

    • @daShadoSage

      February 9, 2026 at 3:49 pm

      Which bills do you pay with Bitcoin?

  2. @BernaysPropaganda

    February 9, 2026 at 2:11 pm

    “digital gold” 🤡 It’s not even a great currency let alone an “investment”

  3. @4twistedtrays98

    February 9, 2026 at 3:25 pm

    BTC- Brutalized The Children coin. The Pedo dollar.

  4. @Reptile619

    February 9, 2026 at 5:56 pm

    Boomers complaining about Bitcoin shocker

  5. @stephengopaul8090

    February 9, 2026 at 7:48 pm

    Rat poison. Charlie Munger.

    • @Huskylover72

      February 9, 2026 at 8:16 pm

      Warren Buffet…Pet rocks!

  6. @Huskylover72

    February 9, 2026 at 8:15 pm

    He we go again for the 100th time, Bitcoin crashes and its useless then a few years its all time highs and its good tech again

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Bloomberg Technology

SK Hynix Starts Trading on Nasdaq, Opens 14% Above Offer Price | Bloomberg Tech 7/10/2026

Ed Ludlow sits down for an interview with SK Group Chairman Chey Tae-won from the Nasdaq to discuss SK Hynix’s US listing, the biggest-ever by a foreign company. Meanwhile, Bloomberg’s David Gura takes a look at SK Hynix shares as they start trading on the Nasdaq, and dives deeper into the listing’s impact on the…

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Ed Ludlow sits down for an interview with SK Group Chairman Chey Tae-won from the Nasdaq to discuss SK Hynix’s US listing, the biggest-ever by a foreign company. Meanwhile, Bloomberg’s David Gura takes a look at SK Hynix shares as they start trading on the Nasdaq, and dives deeper into the listing’s impact on the rest of the US chip sector.
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Bloomberg Technology

SK Chairman Chey Tae-won on SK Hynix Debut, AI Demand and US Plans

Chey Tae-won, chairman of SK Hynix parent SK Group, says they waited a long time to list SK Hynix in the US and calls it a “dream come true.” The head of the South Korean chipmaker talks about raising $26.5 billion in the largest-ever US listing by a foreign company and also discusses the outlook…

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Chey Tae-won, chairman of SK Hynix parent SK Group, says they waited a long time to list SK Hynix in the US and calls it a “dream come true.” The head of the South Korean chipmaker talks about raising $26.5 billion in the largest-ever US listing by a foreign company and also discusses the outlook for AI demand and his US investment plans.
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SK Chairman Says He Has ‘Much, Much Bigger’ Plans for US

Chey Tae-won, chairman of SK Hynix parent SK Group, discusses his plan to invest more money in the US. He speaks with Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:   Get…

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Chey Tae-won, chairman of SK Hynix parent SK Group, discusses his plan to invest more money in the US. He speaks with Ed Ludlow on “Bloomberg Tech.”
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