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The Biggest Opportunity in the Crypto Crash

Within the next 12 to 24 months, some of the opportunities that emerge in the crypto markets will be like buying Amazon stock for $5 in 2001. ....

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MSNBC MSNBC Reports June 4, 2024 15:44:00

It s a stens time for wall street. we have a things happening in the economy. the war in russia/ukraine to plingerring supply chain issues in china and the federal reserve here raising interest rates. what happened is over the last 10 years when we had low interest rate, a lot of companies got funding that, frankly, didn t make a lot of sense. wall street kind of went crazy and there was a massive bubble formed in the stock market. now it s time to pay the piper. the bubble will pop. wall street has known for years this was going to happen. entire hedge funds are going down, i mean, people are getting wiped out. and this is going to take a little time to get these inflated companies out of the market. this is going to feel a little bit like the dot-com boom in the late 1990s early 2000s when the ....

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KPIX CBS Evening News With Norah ODonnell June 4, 2024 22:45:00

Schlesinger, who also says don t rule out crypto yet. this happened in the dot-com boom of the 199s lot of people o unbelievable this technology. they re not sure how it s going to work out, but they are true believers. reporter: among them, miami s mayor, who says crypto investments here have brought in jobs and dollars. still, by one estimate, 40% of bitcoin investors are currently under water and will lose money unless they can ride it out. margaret. brennan: manuel bojorquez in miami. well, still, tonight on the cbs evening news, a deadly dust storm strikes america s heartland with winds topping 100 miles per hour. and did sheriff s deputies in georgia violate the civil rights of athletes from a historically black university? what is the school s president saying? ....

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KNTV NBC Nightly News With Lester Holt June 4, 2024 01:52:00

Week of freshman year, when people know there are a lot of passionate, interesting, smart people if you can get into this community now while it s in somewhat of a formation phase, you can play a really big role going forward. reporter: miami is even experimenting with its own cryptocurrency, miami coin it s value has gone from six cents to a fraction of a penny. but the mayor is undeterred any worry about a bubble and the idea that this could be like the dot-com boom and bust we ve had real estate bubbles here in the past it s been kind of a boom and bust kind of a city over time what i think is different about this is i just don t see people going back. when you want to create a business, you want to go to places where you can get access to capital to scale and then of course grow your company. kate rooney joins me now from the bitcoin conference in miami beach. kate, what is your sense of how miami s efforts are working? reporter: lester, if you just follow the money, one an ....

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