After one of the most volatile days in recent history, Bitcoin is making it's way back up. The cryptocurrency lost nearly 33% of its value in one day and there is no guarantee that it won't happen again.
Jimmy Song is a Bitcoin developer and expert and he joins Cheddar to explain that Bitcoin will not become any less volatile. Song says the cryptocurrency will continue to track all over the map. Overall, he sees it increasing in value.
Song also notes the investment trends within the Bitcoin world. He explains that a lot of the investors are younger, in the millennial group, because that generation is most comfortable with technology and technology investments. Song also notes that Bitcoin is unique because it is an asset that was first traded by individuals before larger institutions because interested and involved.
Jayesh Govindarajan, head of A.I. at Salesforce, explains the company's new Einstein copilot, plus other ways it is investing in artificial intelligence.
Altro founder and CEO Michael Broughton shares how his company is bringing both expanded credit access and financial wellness to underserved consumers, plus netting early investments from Tinashe, Quavo, and Jay Z’s Marcy Ventures.
Portillo’s CEO Michael Osanloo discusses the company’s decades of profitability, opening restaurants in new markets, and why it doesn’t need trends like dynamic pricing.
Adam Turnquist, Chief Technical Strategist for LPL Financial, weighs in on the latest CPI data, what could get the Fed to lower borrowing costs, and the crypto rally.
