Tag: Bloomberg

‘Fear of the unknown’ holds back tradfi investors from crypto — Bloomberg analyst

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Jamie Coutts, Crypto Market Analyst for Bloomberg Intelligence argues that “falsehoods” and “fear of the unknown” is what has been holding back traditional portfolio managers from investing in cryptocurrency.  Speaking to Cointelegraph during the Australian Crypto Convention over the weekend, Coutts argues there has been an ongoing “falsehood” that “there is no intrinsic value in blockchains.” “These asset managers own stocks, like Amazon and Facebook […] which for the first several years these companies had no earnings,” explained Coutts, adding that Facebook in its infant stages “didn’t have profit […]…

Ava Labs President on the Ethereum Merge

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Ava Labs President John Wu joins Emily Chang and Bloomberg’s Sonali Basak to discuss the impact of the Ethereum Merge on other blockchains, the macro environment and crypto winter, and why he thinks bridges will become increasingly important in a tokenized world. ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

A Crypto Tsunami Is Coming for Ethereum, Bitcoin, Algorand & SHIB ($1.2B Options Expire!)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io What’s happening w/ the crypto market? Today we discuss the LATEST cryptocurrency news for bitcoin, ethereum, metaverse altcoins, & more! 👋 SLAP THE LIKE BUTTON! 🔵 Crypto Expert Gives SHOCKING Bitcoin Prediction for September | Eric Crown 🟣 Crypto Expert Predicts 12k Bitcoin THIS YEAR | Gareth Soloway 🔴 Kevin Smith Makes Crypto History with First Ever NFT Film (Huge Moment) 🟠 Mark Cuban EXPOSES The Crypto Market in 2022 | Full Interview 🎬 Why Spike Lee is BULLISH on Bitcoin and…

Bitcoin is a ‘wild card’ set to outperform, says Bloomberg analyst

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Bloomberg analyst Mike McGlone has labeled Bitcoin (BTC) a “wild card” which is “ripe” to outperform once traditional stocks finally bottom out.  In a five-part Twitter thread on Sept. 7 to his 52,600 followers, McGlone explained that while the United States (U.S.) Federal Reserve tightening will likely determine the direction of the stock market, Bitcoin remains a “wildcard” that could buck the trend, stating: “Bitcoin is a wild card that’s more ripe to outperform when stocks bottom, but transitioning to be more like gold and bonds.” The commodities strategist dived…

Coinbase Loses $1.1 Billion in Second Quarter

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Coinbase Global Inc. posted a $1.1 billion second-quarter loss and lower-than-expected revenue as the largest US cryptocurrency exchange was battered by tumbling digital-asset prices. Shares slid on the news after the close. Coinbase President and COO Emilie Choi speaks to Bloomberg’s Emily Chang. ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Coinbase Earnings Miss Estimates

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Coinbase President and Chief Operating Officer Emilie Choi joins Emily Chang to discuss their earnings results, the impact of their partnership with BlackRock on their stock, institutional sentiment in crypto, and their intensifying scrutiny by the SEC. ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

This Huge Bet on Blockchain Could Change A $50 Trillion Industry

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Blockchain may one day eliminate inefficiencies and lack of transparency in supply chains. While slow in coming, this revolution would benefit not only customers and brands, but the “invisible” workers who power global trade. #Blockchain #SystemShock #BloomberQuicktake ——– Like this video? Subscribe: Become a Quicktake Member for exclusive perks: Subscribe to Quicktake Explained: QuickTake Originals is Bloomberg’s official premium video channel. We bring you insights and analysis from business, science, and technology experts who are shaping our future. We’re home to Hello…

The Risks of the Ethereum Merge

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bloomberg’s David Pan joins Emily Chang to discuss the Ethereum merge’s potential risks and why Ethereum is raising bug bounties ahead of its software update. ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Costa Rica hydro plant revivified for crypto mining

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io A defunct hydro plant in Costa Rica is getting a new lease on life by powering crypto mining and bringing clean energy to a rapidly expanding business. #News #Reuters #CostaRica #hydroplant #cryptomining #cryptocurrency Subscribe: Reuters brings you the latest business, finance and breaking news video from around the globe. Our reputation for accuracy and impartiality is unparalleled. Get the latest news on: Follow Reuters on Facebook: Follow Reuters on Twitter: Follow Reuters on Instagram: ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io…

Bitcoin Mining Winter Is Here

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Core Scientific CEO and Co-Founder Mike Levitt joins Emily Chang and Bloomberg’s Sonali Basak to discuss why Bitcoin mining companies are selling their Bitcoin holdings to improve liquidity and repay debt. ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version