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China Crackdown A 'Nightmare on Elm Street' For Bitcoin Investors: Wedbush's Ives

Posted

May 21, 2021

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May.21 -- Wedbush Securities managing director Dan Ives discusses another selloff in the cryptocurrency market after China reiterated a warning that it intends to crack down on crypto mining as part of an effort to control financial risks. He also believes Tesla Inc. may need to sell more portions of their Bitcoin investment. Ives speaks to Emily Chang on "Bloomberg Technology."

Guests & Subjects Covered

Wedbush SecuritiesDan IvesTesla IncEmily Chang

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China Crackdown A 'Nightmare on Elm Street' For Bitcoin Investors: Wedbush's Ives · Bloomberg Technology · Sentinel