Billionaire investor Mark Cuban stated that he has sold most of his Bitcoin holdings because Bitcoin did not demonstrate its expected safe-haven properties during the recent escalation of tensions in Iran and the weakening of the US dollar. Cuban said he once believed Bitcoin was a better store of value than gold, but the recent rise in gold prices and the decline in Bitcoin have disappointed him regarding that logic. He expressed that, by comparison, his view of Ethereum remains more positive, and he described most other cryptocurrencies as "trash." Cuban previously stated that his crypto asset portfolio mainly consists of Bitcoin and Ethereum. (CoinDesk)

BTC-0.42%
GLDX0.4%
ETH-0.34%
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TidalShellReflection
· 5h ago
Gold rises, BTC falls, indeed a slap in the face
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DegenLibrarian
· 7h ago
I agree that all other coins are garbage.
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MistValleyFront
· 8h ago
How much did he sell? Not clear, he might still have some remaining core holdings.
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NonceNomad
· 8h ago
Cuban previously claimed that BTC was better than gold, now he's contradicting himself; investing is all about constant falsification.
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