Tuesday, November 23, 2021

Most existing cryptocurrencies won#39;t survive, says Raghuram Rajan

Most existing cryptocurrencies won#39;t survive, says Raghuram Rajan #39;If things have value only because they will be pricier down the line, that’s a bubble… A lot of cryptos have value only because there is a greater fool out there willing to buy.#39;

from Moneycontrol Business News https://ift.tt/3oOQz84

No comments:

Post a Comment

US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...