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

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  • Bloomberg Technology published this video item, entitled “China Crackdown A ‘Nightmare on Elm Street’ For Bitcoin Investors: Wedbush’s Ives” – below is their description.

    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.”

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