Wall Street Unplugged - Your Best Source For Finance, Investing & Economics
What we need for crypto to rally
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:35:46
- More information
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Synopsis
Frank Holmes, CEO and chief investment officer of U.S. Global Investors and executive chairman of Hive Blockchain Technologies (HIVE), joins me to discuss the crypto markets. The big story in crypto is the collapse of FTX, one of the world’s largest crypto exchanges. Frank breaks down the impact on the industry… and how FTX’s business practices remind him of “shadow banking” in China. He shares the one question that helped him avoid massive losses when crypto lender Celsius went bankrupt… the “no-brainer” piece of crypto regulation that’s needed now… and what we need to see for crypto to rally. Frank also explains what has him excited about the metaverse and NFTs… why green energy is the future of crypto mining… and why crypto conferences are still seeing such strong demand, despite sinking prices for cryptocurrencies. (Speaking of conferences, Frank will soon be hosting his own virtual crypto conference. Stay tuned for more details… Here’s how to get tickets/(depending on link)/Save the date, X/Y/Z) He also