Guggenheim CIO Admits to Not Understanding Bitcoin Market, So Jumps Out

On Monday (October 18), Scott Minerd, Global Chief Investment Officer of Guggenheim Partners, and the man who said last December that “Bitcoin should be worth about $400,000”, said that he is no longer playing in the Bitcoin market. Minerd is also the Chairman of Guggenheim Investments, which is “the global asset management and investment advisory division […]