Alison Conklin - Profile and Journalist Details
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Alison Conklin
Verified
Senior Managing Producer, CNBC
Beats
entertainment sports cultureLocal news
Content
By Alison Conklin Verified| CNBC Verified Hedge fund manager Mark Yusko is predicting bitcoin will more than double this year to $150,000. "Get off zero," the Morgan Creek Capital Management CEO and chief investment officer told CNBC's "Fast Money" this week. Yusko thinks investors should have at least 1% to 3% allocated to bitcoin in their portfolios. "Bitcoin is the king. It is the dominant token. It is a better form of gold," he said. As of Thursday's stock market close, bitcoin is up about 159% over the past year.
By Alison Conklin Verified| CNBC Verified ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailCNBC Pro Exclusive: Vanguard's bond chief expects a recession in 2024. How she's preparing her fundsCNBC's Bob Pisani sits down with Sara Devereux, Vanguard's global head of fixed income for an exclusive interview. She discusses why she thinks that a recession is looming next year.
By Alison Conklin Verified| CNBC Verified Hedge fund manager Mark Yusko is predicting bitcoin will more than double this year to $150,000. "Get off zero," the Morgan Creek Capital Management CEO and chief investment officer told CNBC's "Fast Money" this week. Yusko thinks investors should have at least 1% to 3% allocated to bitcoin in their portfolios. "Bitcoin is the king. It is the dominant token. It is a better form of gold," he said. As of Thursday's stock market close, bitcoin is up about 159% over the past year.
Company Info
CNBC
CNBC, or the Consumer News and Business Channel, is a prominent global business news television channel that launched on April 17, 1989. Founded by former NBC President Bob Wright, CNBC aims to provide viewers with insights into how business events impact their lives and finances. The network has grown to become the world's leading business news media company, reaching over 450 million consumers each month. CNBC offers a variety of services, including 23 hours of live TV programming each weekday, featuring popular shows like *Squawk Box* and *Fast Money*. It operates a 24/7 digital platform that delivers real-time news, analysis, and market data through its website and mobile apps. Additionally, CNBC provides subscription-based services for exclusive content and hosts numerous business events and conferences for networking among executives and thought leaders. With a global presence and more than 20 bureaus worldwide, CNBC also tailors its content for regional audiences through channels like CNBC Asia and CNBC Europe.
Los Gatos, California, United States