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cdtv
We Are in the 'Middle Innings' of a Recession: Global X ETF Exec
"Given the aggressive stance that the Fed has taken in terms of raising interest rates, I think that we are probably in the middle innings of a recession," Adam Sze of Global X ETFs tells "First Mover." Plus, he explains why this crypto winter "feels different" compared to previous cycles.
Bitcoin Sinks Below $19K Ahead of Key Fed Decision
Bitcoin (BTC) slips below $19,000 ahead of the upcoming FOMC meeting this week. Adam Sze, SVP and head of digital assets at Global X ETFs, discusses global recession concerns and his outlook on the crypto markets. Plus, his prediction on the Fed's next expected interest rate hike.
Bitcoin Outlook Ahead of Key Fed Decision Next Week
CoinDesk's Markets Managing Editor Brad Keoun discusses the outlook for bitcoin (BTC) ahead of the FOMC meeting scheduled next week. CoinDesk Tech Managing Editor Christie Harkin weighs in on where bitcoin is headed as the Merge hype fades away.
Bitcoin Dips Below Key $20,000 Level Post-Merge
CoinDesk’s Markets Managing Editor Brad Keoun discusses bitcoin’s (BTC) performance following Ethereum’s historic Merge that was completed early Thursday. Plus, CoinDesk Tech Managing Editor Christie Harkin shares key takeaways from the trial between Hodlonaut and Craig Wright.
Bitcoin Outperformed Ether During Merge Week
MottCapital data indicates that the S&P 500 is closely tracking the 2008 bear market slide, which means cryptocurrencies could see further drops. Plus, bitcoin (BTC) has outperformed ether (ETH) over the past week, despite the Merge. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Binance’s Bid to Buy Voyager's Assets Complicated by National Security Concern: Sources
Binance’s attempt to purchase bankrupt lender Voyager Digital’s assets has been complicated by concerns the U.S. government would reject the transaction, according to sources. Plus, a closer look at why some U.S. and EU miners are staying put in Russia despite the war and sanctions.
El Salvador Debt Downgraded to CC Rating as President Bukele Seeks Re-Election
El Salvador is likely to default on a January debt repayment because it has limited market access to raise the funds needed, in part because of its bitcoin adoption, according to rating agency Fitch. Meanwhile, President Bukele announced that he will seek re-election, according to a Reuters report. "The Hash" panel discusses the outcome of President Bukele's bitcoin initiatives and the chances for him to be re-elected after his term ends in 2024.
No One Is Spending a Fortune for the NFT of Ethereum’s Final PoW Block
The entirety of Ethereum’s final block before it shifted to a proof-of-stake network Thursday morning was captured in the form of a non-fungible token (NFT). VanityBlocks paid around 30 ether in fees to mint the NFT but the highest bidder is offering just 10 ether. "The Hash" panel discusses the details.
Ethereum Network Shows Signs of Increased Centralization After the Merge
In the hours following the long-awaited Ethereum Merge on Thursday, over 40% of the network’s blocks were added by just two entities: Coinbase and Lido. “The Hash” team discusses whether the shift from proof-of-work (PoW) to proof-of-stake (PoS) increased centralization of the network.
Miner Chandler Guo Expects 90% of PoW Miners Will Go Bankrupt
Some miners have turned to a proof-of-work (PoW) fork of Ethereum so they can continue mining. Chandler Guo, one of the fork's strongest advocates, explains why he thinks only 10% of miners using PoW to mine ETHPoW (the token of the Ethereum Merge fork) or ETC (the token of Ethereum Classic) will ultimately survive.