Tag

Ross Gerber

All articles tagged with #ross gerber

politics1 month ago•16 min saved

Gerber Frames Trump’s Crypto Windfall as a Million-Plus Losses Episode

Ross Gerber highlighted a Wall Street Journal report alleging that more than 1 million people lost money on the TRUMP meme coin while Donald Trump profited, with about 2/3 of wallets that bought the token underwater (roughly 1.48 million holders) and 85% of secondary buyers in the red. The coin peaked near a $15 billion market cap before crashing about 97% to roughly $408 million, and Trump reportedly collected about $635 million in royalties last year. Trump defends the windfall as legal and stresses crypto’s importance, while critics including lawmakers push for tighter crypto regulation.

via Yahoo Finance|

#cryptocurrency #politics #ross-gerber

business1 month ago•16 min saved

Ross Gerber Ties Trump's $1B Crypto Windfall to Bitcoin's Decline

Renowned investor Ross Gerber links President Trump's reported $1B in crypto profits to Bitcoin's slump, saying 'the grift is real' and that Trump's windfall—over $1B in his first year via cryptocurrency ventures, including about $635M in royalties from the TRUMP memecoin and activity through World Liberty Financial—helps explain why Bitcoin 'went down and isn't going anywhere.' The piece notes political backlash and growing calls for crypto regulation, while BTC trades near $60,100 after a recent move.

via Yahoo Finance|

#bitcoin #business #cryptocurrency

finance2 years ago•1 min saved

"Roaring Kitty's GameStop Journey: From $53K to $300M Amid Market Turbulence"

Investor Ross Gerber has warned Keith Gill, known as 'Roaring Kitty', about the risks of his short-term $115.7 million position in GameStop, suggesting he may need to sell options soon due to potential market manipulation and scrutiny from regulators.

via Benzinga|

#finance #gamestop #market-manipulation

finance2 years ago•2 min saved

E*Trade Mulls Banning Meme Stock Influencer Keith Gill Amid GameStop Surge

Ross Gerber, CEO of Gerber Kawasaki, expressed concerns about GameStop's recent stock surge, suggesting potential manipulation by influential investor Keith Gill, known as 'Roaring Kitty.' Gill's significant position in GameStop has raised eyebrows, with Citron Research hinting at possible backing and Jim Cramer advising investors to take profits amid the volatility.

via Benzinga|

#finance #gamestop #meme-stocks

business3 years ago•2 min saved

The Controversy Surrounding Twitter's Blue Check Verification

Top Tesla and Twitter investor Ross Gerber criticized Elon Musk's decision to hand out free blue checks, saying it exposed the Twitter chief's hypocrisy and could mark the beginning of the end for the company. Gerber said the saga was creating another "class system" on Twitter, something Musk has said he wanted to rid the platform of. Musk's plan to replace the legacy verification system with a subscription service has faced criticism from celebrities and news organizations who refuse to pay.

via Business Insider|

#blue-check #business #elon-musk