Connect with us

Bloomberg Technology

China Crackdown A ‘Nightmare on Elm Street’ For Bitcoin Investors: Wedbush’s Ives

May.21 — Wedbush Securities managing director Dan Ives discusses another selloff in the cryptocurrency market after China reiterated a warning that it intends to crack down on crypto mining as part of an effort to control financial risks. He also believes Tesla Inc. may need to sell more portions of their Bitcoin investment. Ives speaks…

Published

on

May.21 — Wedbush Securities managing director Dan Ives discusses another selloff in the cryptocurrency market after China reiterated a warning that it intends to crack down on crypto mining as part of an effort to control financial risks. He also believes Tesla Inc. may need to sell more portions of their Bitcoin investment. Ives speaks to Emily Chang on “Bloomberg Technology.”

Continue Reading
Advertisement
66 Comments

66 Comments

  1. Meaningful Disruption

    May 21, 2021 at 10:51 pm

    Bitcoin “investors” should be treated as tax evaders and terrorism supporters

  2. Batman

    May 21, 2021 at 10:52 pm

    Buying opportunity

    • Berry Mahyana

      May 21, 2021 at 11:05 pm

      I really thank you so much cyberspin on telegram you are the best sir

  3. True Crypto

    May 21, 2021 at 11:08 pm

    Well institutions are still buying the dips lol. This isn’t an accident.

  4. Gorge Tara

    May 21, 2021 at 11:22 pm

    A million thanks to *HACKWEISER69* on Te!egram! Thank you because you are so real and loveable person to me! I just love your script and I’m always praying to God that He’ll bless you more and more each day. All the best for you!!!

  5. LousClue

    May 21, 2021 at 11:23 pm

    When institutions miss the boat, they bring the boat back.

  6. ramsey reyes

    May 21, 2021 at 11:24 pm

    china wants to control the money so bitcoin is to the rescue that why is called descentralize money

  7. Tong T

    May 21, 2021 at 11:29 pm

    Massive opportunity buying Tesla and bitcoin at these rates if you have long term investment time horizon IMO.

  8. Wesley Williams

    May 21, 2021 at 11:35 pm

    Flush the fools and speculators and get a great price. BTC all the way.

  9. Friday Godwin

    May 21, 2021 at 11:38 pm

    IF IT WASN’T FOR THE HELP OF HACKERCENA ON TELEGRAM I WOULD HAVE BEEN DEAD MAN 👨 HE WAS THE ONLY LEGIT ONE ☝️ THAT SUCCESSFULLY DO IT 🙏🙏!HACKERCENA ON TELEGRAM

  10. Jerry R

    May 21, 2021 at 11:39 pm

    Colonial Pipeline had to buy $5,000,000 worth of Bitcoin to pay Ransom Hackers! Elon Musk has 1.5 Billion in Bitcoin… He is now the Ransom Attackers Holy Grail!

  11. Eric P

    May 21, 2021 at 11:40 pm

    I guess we’re in the annual China ban FUD. Do these news anchors forget they’ve been doing this every year?

  12. Jerry R

    May 21, 2021 at 11:40 pm

    You spend $60,000 on a Tesla because it releases no Co2 when you drive.. Then you Buy Bitcoin that puts out the Co2 of 1 Billion Cars.. and uses 707 Kilowatts per Transaction. Sounds Crazy Wasteful! Not to mention making a Tesla takes 3 times the Co2 of a gas car!

  13. Jay Hamilton

    May 21, 2021 at 11:41 pm

    lol

  14. Jerry R

    May 21, 2021 at 11:41 pm

    Should I buy Bitcoin BTC, Bitcoin Cash BCH, Wrapped Bitcoin WBTC, Bitcoin sv BSV, Bitcoin BEPT2, Bitcoin Gold BTG, Bitcoin Standard BTCST, Bitcoin Dimond BCD, Bitcoin Cash ABC BCHA, Bitcoin HD BHD, Bitcoin PoS BPS, Bitcoin Private BTCP, Bitcoin 2 BTC2, or the ETF GBTC? Or buy a newer coin? 4000 to choose from!

    • Ashen

      May 22, 2021 at 12:19 am

      Do a basic 2 hours google research and all your questions will be answered. To understand what Bitcoin Cash, Bitcoin SV or Wrapped Bitcoin is (which all of them are hard forks of the original for the X and Y reasons I won’t analyze here) you first have to understand what the original Bitcoin is. You have to understand what blockchain technology is. Stop asking such questions under a youtube video if you don’t bother searching in the first place.

    • Daniel Park

      May 22, 2021 at 1:26 am

      Buy ASScoin

  15. Aderele Oluwafemi

    May 21, 2021 at 11:44 pm

    I HAVE BEEN EMBARRASSED AND DEPRESSED FOR SO MANY TIMES UNTIL HAVE BEING INTRODUCED TO HACKERCENA ON TELEGRAM !!!everything has been going smoothly and peacefully 😍🥰👍👍

  16. Jerry R

    May 21, 2021 at 11:45 pm

    Bitcoin alone uses 707 Killowatts Per Transaction.. Did the electricity company invent Bitcoin ? Dang! It also generates the Co2 of One Billion Cars! You cant be green owning Bitcoin!

  17. Michael Brown

    May 22, 2021 at 12:06 am

    I think this pandemic has taught people the importance of multiple streams of income unfortunately having a job doesn’t mean security rather having different investments is the real deal

    • Lilian Davies

      May 22, 2021 at 12:33 am

      Wow Great that’s called diversifying a portfolio.

    • Nuel Holand

      May 22, 2021 at 12:51 am

      Yes investing in Forex and Crypto is profiting

    • Victoria Alexis

      May 22, 2021 at 1:00 am

      I’m an investors in Crypto too over the years

    • Billy Allen

      May 22, 2021 at 1:14 am

      It’s very important for one to have different streams of income☺

    • Ryan McGregor

      May 22, 2021 at 1:21 am

      I’ve got interest in investing but afraid of doing it on my own to avoid loss from my own end 😕🥴

  18. Wilson McCoy

    May 22, 2021 at 12:14 am

    Cry’pto is the new gold ,its definitely gonna do well.

    • McCoy Richard

      May 22, 2021 at 12:16 am

      Crypto market is becoming more appealing to investors seeking

      low-correlation assets that diversify portfolios, with no doubt

      in mind that we are going bull with little signs of stopping.

      I’d say it’s out rightly wrong to just sit back hold and wait

      maybe incur some losses along the line, that’s a wrong mindset

      for an investor because as an investor finding ways to always

      increase and stack up more coins thereby making profits should

      be the way of life, even experienced traders are in a doubt to

      take long or short position, The conditions of this bull market

      are unlike anything we have ever seen. I got this tips first

      from Mrs Karine Henwick ,she fully monitored all my trades to

      avoid me making mistakes and losing my money. i am so happy

      since i met her

      on telegram [@investwithHenwick]

    • C Dun

      May 22, 2021 at 12:32 am

      Gold has value, bitcoin doesn’t.

  19. TheM0joDoj0

    May 22, 2021 at 12:14 am

    Elon Musk is very predictable if you understand that he is like a middle schooler who’s desperate for the attention of his classmates. If no one is looking at him long enough, he will say something to get attention. If he feels he is losing the favor of his fan base, he will say something to win their favor. The media find him unpredictable bc they are trying to put a round peg in a square hole. If you see Musk as a CEO and investor, he’s a mess. If you see him as celebrity like Kim Kardashian, he makes perfect sense.

  20. tim c

    May 22, 2021 at 12:20 am

    Next week a Tesla will cost 3 bitcoins

  21. Greg Ibar

    May 22, 2021 at 12:34 am

    SOCIALISM

  22. David

    May 22, 2021 at 12:36 am

    Emily looks like she hates her life…

  23. NOW WHAT

    May 22, 2021 at 12:44 am

    Elon’s erratic twitts are kind of #DonTheCon’s ones

    • NOW WHAT

      May 22, 2021 at 6:11 pm

      @ian december Elon is no stranger to market manipulation: The SEC has fined him & Tesla $40 millions for fraud charges

    • NOW WHAT

      May 22, 2021 at 6:19 pm

      @ian december
      BTC: Tesla’s reliance on selling of Bitcoins to generate income in the first quarter of the year. What about other source of income?
      Elon: Tesla only sells electric cars which come under the ZEV category, we always has excess regulatory credits and can effectively sell them at a 100% profit.
      BTC: So Tesla’s regulatory credits revenue has artificially boosted not only the gross margin but also the profitability?
      Elon: Good question!
      BTC: Tesla’s core business is manufacturing EV then selling them, right?
      Elon: Absolutely!
      BTC: Why did Tesla include “Sales of regulatory credits” in the section “Automobile Sales” on the income statement for the first quarter of the year?
      Elon: Have you ever heard the phrase “cook the book” ?

    • ian december

      May 22, 2021 at 7:17 pm

      @NOW WHAT That’s all true, especially the cooking the books stuff. Also, that SNL stunt — while one shouldn’t make definitive conclusions from it — came off desperate and showed how much the Elon celebrity factor sells Tesla cars and stock.

      what a lot of fanboys don’t get is that innovation and business is extremely difficult, so a quirky personality, while charming to most (not to me), isn’t the answer to everything and doesn’t make him immune to losing. when 2021 started, musk must have seen the power of the meme stock (GameStop) and social media driven trading (on Reddit) as the answer to a lot of uncomfortable questions about Tesla’s short term and longterm issues.

      Elon is good at bandwagoning (Tesla’s founders can attest to that) and so he might pull off more “cooking the books” hustles and artificially inflate the share price with his latest obsession with meme culture — institutional investors might not agree, but his stans eat it up ALL THE TIME

    • ian december

      May 22, 2021 at 7:27 pm

      I was also suspicious of the $1.5B Bitcoin purchase — it seemed kind of desperate (but it might workout longterm). His recent denouncement of Bitcoin also seemed pretty emotional. maybe the price wasn’t shooting to the stars like a SpaceX rocket in the manner he thought it would do due to his celebrity endorsement… I don’t know… A lot of Tesla fanboys like to forget that iOS had to give way to Android

  24. Andre Budiman

    May 22, 2021 at 1:52 am

    China china china..

  25. Andre Budiman

    May 22, 2021 at 1:55 am

    Sell tesla and bitcoin buy china government bond like HUARONG

    • Smith Balloon

      May 22, 2021 at 7:58 pm

      HACKERBROWN IS ALWAYS THE BEST ON TELEGRAM,HAVE BEEN LIVING MY COMFORT LIFE WITH THE 3BTC🙏

  26. Peter Lee

    May 22, 2021 at 2:12 am

    Elon I can’t afford to buy Tesla now because my bitcoin cut in half 🤷‍♂️

  27. Sel Dis Pat - 濏 涤 湃

    May 22, 2021 at 2:16 am

    The next downside target is $20k area for Bitcoin.

    • Bĺôômbéŕg ťêchńôĺôgÿ

      May 22, 2021 at 6:07 am

      W•h•a•t•s•a•p•p
      +•1•6•2•6•5•1•4•0•3•1•2
      Invest<>in<>c•r•y•p•t•o•••

  28. Kian Yee Lee

    May 22, 2021 at 2:44 am

    Chinese people sell out your Bitcoin now and let CIA crash BEFORE CIA will crash it For You like ALL the other economic meltdowns… When your economy crashes CIA will be very happy to exchange MORE USD prints to buy CHEAPLY

  29. Kian Yee Lee

    May 22, 2021 at 2:44 am

    Bitcoin is a CIA plot to EFFLUX money back to US because the reserve cannot print more 1) fear Chinese hoard more USD 2) hyperinflation

  30. Julio B. Figueroa

    May 22, 2021 at 4:21 am

    Ohhh. Stumbling on the entry Emily..

  31. Marcel gombault

    May 22, 2021 at 5:07 am

    )Your lies got no end. Firs Musk became the bitcoin god now he is the tasteless comedian.  Bitcoin mining can’t move to cheaper power countries, there are no such countries.The poor in the rest of the world don’t get anything from bitcoin. The bitcoin gangare getting upset when someone sell its Bitcoin. It’s their money and they can do whatever they like with their money, they are under no mandate to enrich investors,

  32. Tony Ho

    May 22, 2021 at 5:22 am

    The media is fudding bitcoin so hard lol

    • Bĺôômbéŕg ťêchńôĺôgÿ

      May 22, 2021 at 6:11 am

      F•O•R•• M•O•R•E•• G•U•I•D•A•N•C•E••
      W•H•A•T•S•A•P••
      *+**1**6**2**6**51**4**0**3**1*2

  33. mrPmj00

    May 22, 2021 at 6:38 am

    Best stocks Amazon, Apple, Facebook, Twitter, Nvidia, Microsoft, Netflix. Disney and Wells Fargo for the recovery,;…———————-

  34. Alfonso Tetreault

    May 22, 2021 at 7:53 am

    Technical analysis is not about prediction, indeed TA has about a 50/50 outcome. What TA does offer however, is a concrete structure around which to enter positions, control risk and manage trades. Tips like this are why it’s advisable for investors and newbies to trade with the help of pro traders like Charlotte Lewis of the cryptotribesmen. She is always one step ahead of other traders, she fully monitored all my trades to avoid me making mistakes and losing my money. My earnings have increased drastically from 140 grand to 364 grand in just 4 weeks using her stratqy. You can easily get hold of her for a pr0fitable system on TE-LE-GRAM @ Charlottelwfx] ,,.

    • gelencser55

      May 22, 2021 at 8:01 am

      Charlotte Lewis T.A is one of the most clean and accurate I have seen in the stock market for a while now

    • Houston Remingtons

      May 22, 2021 at 8:02 am

      Mqde over 120k in 3 wks of using her pr0gram and her services

    • Nylah Carter

      May 22, 2021 at 8:02 am

      We all know that there’s a large risk coming to the stock market I have been in this field old enough to know that I have to double

    • American Airlines Virtual Pilot

      May 22, 2021 at 1:11 pm

      @Claudia Shania Charlotte is currently wanted for vehicular manslaughter. She stole 40k USD from me as well.

  35. Naz Q

    May 22, 2021 at 8:05 am

    Everything is coorindated everything is planned if someone said crypto is dying well they haven’t seen the growth and projection the last 10 years!

  36. Jared Cisar

    May 22, 2021 at 11:16 am

    Buy the dip 📉📉📈📈📈📈🚀🌚

  37. American Airlines Virtual Pilot

    May 22, 2021 at 1:10 pm

    Guys. Read the Reuters story from a few days back. It’s just recycled “news”. There’s no story in the story! Just that China’s central bank says crypto is bad. That’s pretty much it. And cryptocurrencies can survive without the People’s Republic of China. Elon’s comments didn’t trigger a 40% decline but anyone who thinks so should hope the SEC regulates cryptocurrencies as securities soon.

  38. bob o

    May 22, 2021 at 6:54 pm

    If one business owner’s single comment can crash a fiat investment class, then one better look for another fiat to place their assets.

  39. Smith Balloon

    May 22, 2021 at 7:54 pm

    HACKERBROWN IS ALWAYS THE BEST ON TELEGRAM,HAVE BEEN LIVING MY COMFORT LIFE WITH THE 3BTC

  40. Las Vegas

    May 22, 2021 at 8:26 pm

    2013- China Banning Bitcoin
    2014-China Banning Bitcoin
    2017-China Banning Bitcoin
    2018-China Banning Bitcoin
    2019-China Banning Bitcoin
    2021-China Banning Bitcoin
    Meanwhile corporations are stacking, Banks are creating bitcoin funds, Miners have started programs where they now hold there bitcoin not sell. Crypto ETFs are being created pay attention to what they are doing this can easily be fact checked

  41. Wow Wow

    May 22, 2021 at 9:14 pm

    I STILL IMAGINE WHY IT TOOK ME SO LONG TO COME ACROSS HACKARMAILL ON TELEGRAM, YOU GUYS ARE SUPERS.

  42. Cookie Blue

    May 22, 2021 at 10:25 pm

    Western media: I’m constipated today, and I blame it on China took away too much earth’s gravity from west.

  43. C Cow Helena

    May 22, 2021 at 10:31 pm

    *He was recommended,I trieggd him Hackerwhales on telegram they never fails just as prediction…*

  44. JewTube

    May 23, 2021 at 9:28 am

    pop goes the bubble

  45. Kaeden Truong

    May 23, 2021 at 3:07 pm

    Oh please stop with this China banning Bitcoin bullshit narrative.. this is old news people. They’ve been saying this since 2013. Fake news bull shit

Leave a Reply

Your email address will not be published. Required fields are marked *

Bloomberg Technology

Applied Materials’ Results, OpenAI-Reddit Partnership | Bloomberg Technology

Bloomberg’s Caroline Hyde and Ed Ludlow break down Applied Materials’ earnings, which failed to impress investors. Plus, OpenAI and Reddit announce a partnership to bring its content to ChatGPT and other products, and CoreWeave secures nearly $8 billion in private debt. ——– “Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and…

Published

on

Bloomberg’s Caroline Hyde and Ed Ludlow break down Applied Materials’ earnings, which failed to impress investors. Plus, OpenAI and Reddit announce a partnership to bring its content to ChatGPT and other products, and CoreWeave secures nearly $8 billion in private debt.
——–
“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.

Like this video? Subscribe and turn on the notifications for Bloomberg Technology on YouTube:

Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:

Get the latest in tech from Silicon Valley and around the world here:

Follow Ed Ludlow on Twitter here:
Follow Caroline Hyde on Twitter here:

Connect with us on…
Twitter:
Facebook:
Instagram:

Continue Reading

Bloomberg Technology

Reddit Forges Pact With OpenAI on Content for ChatGPT

Reddit forged a partnership with OpenAI that will bring its content to the chatbot ChatGPT and other products, while also helping the social media company add new artificial intelligence features to its forums. Bloomberg’s Shirin Ghaffary joins Ed Ludlow and Caroline Hyde on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:…

Published

on

Reddit forged a partnership with OpenAI that will bring its content to the chatbot ChatGPT and other products, while also helping the social media company add new artificial intelligence features to its forums. Bloomberg’s Shirin Ghaffary joins Ed Ludlow and Caroline Hyde on “Bloomberg Technology.”
——–
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 the latest in tech from Silicon Valley and around the world here:

Connect with us on…
X:
Facebook:
Instagram:
 
Follow Ed Ludlow on X here:
Follow Caroline Hyde on X here:
 
Listen to the daily Bloomberg Technology podcast here:

 
More from Bloomberg Business
Connect with us on…
X:
Facebook:
Instagram:
LinkedIn:
TikTok:

Continue Reading

Bloomberg Technology

Applied Materials Forecast Fails to Impress After Rally

Applied Materials, the largest US maker of chipmaking machinery, failed to impress investors with its latest forecast following a rally in the shares this year. Advisors Capital Management Partner & Portfolio Manager JoAnne Feeney joins Ed Ludlow and Caroline Hyde to discuss the results and the future of the broader chip industry on “Bloomberg Technology.”…

Published

on

Applied Materials, the largest US maker of chipmaking machinery, failed to impress investors with its latest forecast following a rally in the shares this year. Advisors Capital Management Partner & Portfolio Manager JoAnne Feeney joins Ed Ludlow and Caroline Hyde to discuss the results and the future of the broader chip industry on “Bloomberg Technology.”
——–
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 the latest in tech from Silicon Valley and around the world here:

Connect with us on…
X:
Facebook:
Instagram:
 
Follow Ed Ludlow on X here:
Follow Caroline Hyde on X here:
 
Listen to the daily Bloomberg Technology podcast here:

 
More from Bloomberg Business
Connect with us on…
X:
Facebook:
Instagram:
LinkedIn:
TikTok:

Continue Reading

Trending