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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

Musk’s Boring Co. Gets $23 Billion Valuation

Elon Musk’s Boring Co. secured $3 billion in fresh investment backed by the United Arab Emirates and affiliated entities, in a funding round valuing Elon Musk’s tunneling startup at $23 billion. Bloomberg’s Kiel Porter has the details and joins Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:  …

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Elon Musk’s Boring Co. secured $3 billion in fresh investment backed by the United Arab Emirates and affiliated entities, in a funding round valuing Elon Musk’s tunneling startup at $23 billion. Bloomberg’s Kiel Porter has the details and joins Ed Ludlow on “Bloomberg Tech.”
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Bloomberg Technology

BofA: Apple’s Ternus Era Starts With Innovation, AI

Bank of America says John Ternus’s first major product launch as Apple CEO reinforced the company’s focus on product innovation, privacy and increasingly personalized AI. Wamsi Mohan, managing director and senior equity research analyst at Bank of America sees the new foldable iPhone Duo expanding Apple’s addressable market, while on-device AI and Private Cloud Compute…

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Bank of America says John Ternus’s first major product launch as Apple CEO reinforced the company’s focus on product innovation, privacy and increasingly personalized AI. Wamsi Mohan, managing director and senior equity research analyst at Bank of America sees the new foldable iPhone Duo expanding Apple’s addressable market, while on-device AI and Private Cloud Compute could make Siri more capable without sacrificing user privacy. He joins Ed Ludlow on “Bloomberg Tech.”Bank of America says John Ternus’s first major product launch as Apple CEO reinforced the company’s focus on product innovation, privacy and increasingly personalized AI. Wamsi Mohan, managing director and senior equity research analyst at Bank of America sees the new foldable iPhone Duo expanding Apple’s addressable market, while on-device AI and Private Cloud Compute could make Siri more capable without sacrificing user privacy. He joins Ed Ludlow on “Bloomberg Tech.”
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Bloomberg Technology

Everything You Need to Know About Apple’s iPhone Duo

Bloomberg’s Ed Ludlow discusses Apple’s iPhone Duo with Bloomberg’s Mark Gurman, from its anticipated reception with consumers to what it means for Apple’s new era under CEO John Ternus. Plus, the AI chip race is moving to inference. And, Elon Musk’s Boring Co. reaches a $23 billion valuation. 00:00:00 – Bloomberg Tech Begins 00:01:05 –…

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Bloomberg’s Ed Ludlow discusses Apple’s iPhone Duo with Bloomberg’s Mark Gurman, from its anticipated reception with consumers to what it means for Apple’s new era under CEO John Ternus. Plus, the AI chip race is moving to inference. And, Elon Musk’s Boring Co. reaches a $23 billion valuation.

00:00:00 – Bloomberg Tech Begins
00:01:05 – Mark Gurman, Bloomberg News
00:06:30 – Saira Mailk, Nuveen
00:13:03 – Peter Elstrom, Bloomberg News
00:15:02 – Sid Sheth, D-Matrix
00:23:02 – Anurag Rana, Bloomberg Intelligence
00:26:04 – Wamsi Mohan, BofA Securities
00:33:48 – Mitesh Agrawal, Positron
00:41:34 – Kiel Porter, Bloomberg News
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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