Cryptocurrency markets

FTX's jaw-dropping collapse had nothing to do with Theranos, says venture capitalist and crypto bull Tim Draper: 'It's about people getting ahead on their skis'

FTX’s jaw-dropping collapse had nothing to do with Theranos, says venture capitalist and crypto bull Tim Draper: ‘It’s about people getting ahead on their skis’

Tim Draper, founder and managing partner of Draper Associates and Draper University, balked at comparing the stunning implosion of crypto trading platform FTX to famed biotech startup Theranos, in a conversation with MarketWatch. . “It’s not like Theranos,” he said. In a phone interview on Friday, Draper said he was unaware of any comparison between …

FTX’s jaw-dropping collapse had nothing to do with Theranos, says venture capitalist and crypto bull Tim Draper: ‘It’s about people getting ahead on their skis’ Read More »

“Oh my God, why am I not at the market?  This Forecaster Says Investors Will Be Shocked By What Happens Next

“Oh my God, why am I not at the market? This Forecaster Says Investors Will Be Shocked By What Happens Next

Slower, but higher rates and no pivot this side of Christmas. That was the message from Fed Chairman Jerome Powell after the central bank’s fourth straight hike. Bruised investors look set to continue selling stocks on Thursday as yields rise. Not everyone agrees with Powell. “The Fed is making a huge policy mistake, and they …

“Oh my God, why am I not at the market? This Forecaster Says Investors Will Be Shocked By What Happens Next Read More »

“Oh my God, why am I not at the market?  This Forecaster Says Investors Will Be Shocked By What Happens Next

“Oh my God, why am I not at the market? This Forecaster Says Investors Will Be Shocked By What Happens Next

Slower, but higher rates and no pivot this side of Christmas. That was the message from Fed Chairman Jerome Powell after the central bank’s fourth straight hike. Bruised investors look set to continue selling stocks on Thursday as yields rise. Not everyone agrees with Powell. “The Fed is making a huge policy mistake, and they …

“Oh my God, why am I not at the market? This Forecaster Says Investors Will Be Shocked By What Happens Next Read More »