Jan 21, 2025 · "We have reached the 'Fartcoin' stage of the market cycle," Einhorn wrote in an investor letter obtained by CNBC.

Jan 22, 2025 · In a recent investor letter obtained by CNBC, David Einhorn of Greenlight Capital expressed concerns about the speculative frenzy currently gripping the market, describing it as having reached...

Greenlight Capital’s David Einhorn believes the current bull market has taken speculative behavior to absurd levels. “We’ve entered the ‘Fartcoin’ stage of the market cycle,” Einhorn wrote...

Jan 22, 2025 · "We have reached the ' Fartcoin ' stage of the market cycle," Einhorn wrote in his letter on Tuesday. He was referring to the meme coin of the same name, which underwent a meteoric rise and...

3 days ago · Artificial intelligence stocks weren’t the only assets to suffer during the recent market turbulence. So did Fartcoin. Yes, Fartcoin. Hedge fund manager David Einhorn recently complained we ...

Jan 21, 2025 · Billionaire investor David Einhorn did not mince his words about the speculative behavior currently on Wall Street, even as his U.S. hedge fund Greenlight Capital logged a much smaller gain for...

Einhorn is referring to Fartcoin, a meme token that exploded in popularity as the re-election of Donald Trump unleashed a frenzy in the cryptocurrency market. Despite having no practical utility, Fartcoin currently has a market capitalization of nearly $2 …

Jan 22, 2025 · David Einhorn’s Greenlight Capital is keeping Big Tech at arm’s length, along with crypto. Here’s what the hedge fund has been buying lately.

Investing.com -- David Einhorn of Greenlight Capital recently discussed the current state of the cryptocurrency market, pointing out, " [w]e have reached the "Fartcoin" stage of the market...

David Einhorn isn’t sold on the latest bout of crypto mania. The billionaire founder of Greenlight Capital telegraphed his skepticism in his latest letter to investors, hinting that digital assets are approaching a dangerous level of hype.