‘Fed sledgehammer’ will cause a crash worse than 2008 but Bitcoin, Ethereum will hit new all-time highs by 2025

‘Fed sledgehammer’ will cause a crash worse than 2008 but Bitcoin, Ethereum will hit new all-time highs by 2025

(Kitco News) – The ‘Fed sledgehammer’ of rising interest rates will cause a market crash worse than 2008, but Bitcoin and Ethereum will recover to all-time highs, said Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence. “I think it’s going to be worse than the 2008 correction, worse than the Great Financial Crisis,” said McGlone. … Read more

The Ethereum ‘Merge’ has happened and marks a new era for greener cryptos and blockchain

The Ethereum ‘Merge’ has happened and marks a new era for greener cryptos and blockchain

The world’s second-largest cryptocurrency has undergone a significant transformation that will change its technology to cut carbon emissions by more than 99.9 per cent, according to its Ethereum platform. The transition known as “the Merge” has been finalised, Ethereum founder Vitalik Buterin confirmed on Thursday. “And we finalized!… Happy merge all. This is a big … Read more

Will the Ethereum Merge Reduce Crypto Emissions?

Will the Ethereum Merge Reduce Crypto Emissions?

A machine for mining ether on display at a crypto convention in Thailand.Photo: Lauren DeCicca (Getty Images) If you type the phrase “the Merge” into Google today, you’ll be treated with a countdown: It’s coming in a little over two days, as of this writing. The countdown is ticking off the time until one of … Read more

Ethereum is the ‘most valuable asset in the world,’ and now it’s just a waiting game – Ether Capital CEO

Ethereum is the ‘most valuable asset in the world,’ and now it’s just a waiting game – Ether Capital CEO

(Kitco News) With the crypto space zeroing in on the Ethereum Merge, which is just three weeks away, many are looking at the long-term investment picture, and for some, Ethereum is emerging as the top asset. “I see it as the most valuable asset in the world. It’s now just a waiting game and watching … Read more

Bitcoin price has hit bottom; coldest days of Crypto Winter are over – Ran Neuner and Steven Sidley

Bitcoin price has hit bottom;  coldest days of Crypto Winter are over – Ran Neuner and Steven Sidley

With Bitcoin’s price bottoming below $20K in June, the worst days of the Crypto Winter are over, according to Ran Neuner and Steven Sidley, who joined Kitco’s Editor-in-Chief and Lead Anchor, Michelle Makori, in a panel discussion. “We’ve hit the crypto bottom,” said Neuner, Host of Crypto Banter, a popular crypto-themed podcast. “Crypto suffered one … Read more

‘Opening The Floodgates’—Crypto Braced For A $10 Trillion Earthquake As The Price Of Bitcoin, Ethereum, BNB, XRP, Solana, Cardano And Dogecoin Swing

‘Opening The Floodgates’—Crypto Braced For A  Trillion Earthquake As The Price Of Bitcoin, Ethereum, BNB, XRP, Solana, Cardano And Dogecoin Swing

Bitcoin, ethereum and other major cryptocurrencies have struggled to maintain momentum after charging higher through July. Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and successfully navigate the bitcoin and crypto market crash The bitcoin price, down around 70% from its all-time highs, had begun to rally last month but has since stalled as traders … Read more

Tiffany’s Creates Cryptopunk ‘NFTiff’ Diamond Necklace for $48k

Tiffany’s Creates Cryptopunk ‘NFTiff’ Diamond Necklace for k

Let the world envy your overpriced IRL CryptoPunk NFT with a diamond encrusted necklace from Tiffany & Co. It seems like it was just yesterday when NFT proponents were busy trying to justify spending buckets of money on digital collectibles—and spewing tones of carbon dioxide into the atmosphere of our struggling planet—that could largely be … Read more

Reddit Releases Cursed NFT Avatars In New Crypto Foray

Reddit Releases Cursed NFT Avatars In New Crypto Foray

screenshot: Reddit Reddit just announced and opened a “Collectible Avatar” storefront. In this hub you can buy artists’ renditions of the social site’s congenial alien mascot Snoo, except they’re all NFTs. Hold for applause or for a little vomit to come out of your mouth. Reddit has been shouting its crypto love for years, but … Read more

Bitcoin as a global standard would be an ‘absolute economic catastrophe’ – Ernst & Young’s global blockchain leader

Bitcoin as a global standard would be an ‘absolute economic catastrophe’ – Ernst & Young’s global blockchain leader

(Kitco News) If Bitcoin were to become a global monetary standard, it would be an “absolute economic catastrophe,” said Ernst & Young’s global blockchain leader Paul Brody. The world’s largest cryptocurrency is by default considered a deflationary asset in the digital space. What this means in the crypto world is that its supply is finite … Read more

Biden Official Reveals Crypto Plans Amid $2 Trillion Terra Luna Led Bitcoin, Ethereum, BNB, XRP, Solana, Cardano And Dogecoin Price Crash

Biden Official Reveals Crypto Plans Amid  Trillion Terra Luna Led Bitcoin, Ethereum, BNB, XRP, Solana, Cardano And Dogecoin Price Crash

Bitcoin BTC and cryptocurrencies have been hard hit this year by a brutal crash that’s sent the price of major cryptocurrencies into a tailspin. Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and successfully navigate the volatile bitcoin and crypto market The bitcoin price has crashed under the closely-watched $20,000 per bitcoin level, down more … Read more