Dec 15, · Market Insider is a business news aggregator for traders and investors that proposes to you the latest financial markets news, top stories headlines and trading analysis on stock market, currencies (Forex), cryptocurrency, commodities futures, ETFs & funds, bonds & rates and much more. Bitcoin Price (BTC USD): Get all information on the Bitcoin to US-Dollar Exchange Rate including Charts, News and Realtime Price. Business Insider Markets Insider. Nov 22, · Market Insider is a business news aggregator for traders and investors that proposes to you the latest financial markets news, top stories headlines and trading analysis on stock market, currencies (Forex), cryptocurrency, commodities futures, ETFs & funds, bonds & rates and much more.
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It's not even a single cell amoeba," the O'Shares chairman said, "I love to talk about it, it's fun to watch it go up and down, but during the day, when the bell rings, I don't talk to anybody that's worried about this. They do not put capital to work in bitcoin. His comments come as more institutional players are piling in, validating bitcoin's legitimacy as a store of value and hedge against inflation.
O'Leary said that the concept of a digital currency will likely come to fruition in the future, but investors should be careful glorifying bitcoin while it has yet to fulfill a defined role in financial markets and while it could still be regulated.
Though regulations could be coming for the popular token. Treasury Secretary Steven Mnuchin is proposing new rules that would require certain cryptocurrency traders to provide more information about their identities and cryptocurrency transactions. Grown men are going to weep when that happens. You'll never see a loss of capital like that ever in your life. It will be brutal," he said. Bitcoin is irrelevant and investors 'are going to weep' if regulators come down hard on crypto, says Kevin O'Leary.
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