Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

We may never get “hyper-inflation” but we certainly have “hyper-desperation” for a bull run, right now!

Many of you may have seen Balaji's (ex. Coinbase exec) new drama on Twitter, projecting $1M price for Bitcoin in 90 days (Sounds insane? It does) and placing a $2M bet on that. A whole bunch of "influencers" and "whales" on Twitter are going gaga over that and creating all sorts of theories, touts and…
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The recent bank run shows that gold is no longer the preferred safe haven during times of crisis. Crypto’s price rose 4x as much as gold, leaving it in the dust.

In the past, gold was considered the safe haven and store of value during times of crisis like bank runs. Gold had doubled in price by the time the S&P500 recovered. The current bank run suggests that gold is no longer king. Crypto has completely left it in the dust. Over the past week: Gold…
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Just swapped my ETH to ETH2 on CB for staking. Now what?

I'm trying to stake my ETH on Coinbase. I swapped to ETH2. Am I done? Do I just wait now for the juicy juice? Do I have to do anything else or am I staking them now that I own ETH2. Sorry for the noob question. I'm half retarded..and it's the good half. submitted…
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Mike Novogratz Warns of Credit Crunch in US and Globally — Expects Fed to Cut Rates ‘Sooner Than We Think’

Galaxy Digital CEO Mike Novogratz has warned of a credit crunch in the U.S. and globally. Emphasizing that “we are heading into a recession,” he expects the Federal Reserve to cut interest rates “sooner than we think.” Novogratz on Global Credit Crunch and Recession Galaxy Digital CEO Mike Novogratz shared his outlook for the U.S. […]

Ledger Launches Line Of Mattresses With Built-In Cryptocurrency Wallet Functionality

submitted by /u/Squidsoda [link] [comments]

Economist Peter Schiff Expects Worse Financial Crisis Than 2008 — Says ‘Future Rate Hikes Are Now Pointless’

Economist Peter Schiff has warned that the current financial crisis will be worse than in 2008. “Future rate hikes are now pointless,” he stressed, adding that any effect will be more than offset by the Fed’s quantitative easing. Peter Schiff’s Financial Crisis Warning Economist and gold bug Peter Schiff shared his outlook for the U.S. […]

My home mortgage lender didn’t know how to document cryptocurrency as a source of funds.

Recently, I was working with a local credit union on approving a home mortgage and they needed to document that I had the funds for a down payment. When I mentioned that my funds are currently in crypto, and I could sell them and deposit it in my account, they were stumped on how to…
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Crypto VS Banks in 2023. 😂

Just a matter of time.. ⏳ submitted by /u/TheMadsAlexander [link] [comments]

Switzerland preparing emergency measures for UBS' takeover of Credit Suisse: Report

The emergency preparation will allow the takeover to proceed without the usual “six-week consultation period” with shareholders, according to people familiar with the situation.