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Cloudy With A Chance of Crypto Winter

Cloudy With A Chance of Crypto Winter

FromBloomberg Crypto


Cloudy With A Chance of Crypto Winter

FromBloomberg Crypto

ratings:
Length:
12 minutes
Released:
Jul 18, 2022
Format:
Podcast episode

Description

You could argue that crypto is no stranger to a recession: in fact, it was the financial crisis of 2008 that birthed the idea of Bitcoin In the first place. But this recession is a little different: in the decade or so since that formative Bitcoin whitepaper, crypto has experienced spectacular growth. Rising and record prices led to investor FOMO, or fear of missing out. But now, in the midst of this crypto winter, investors who entered the digital asset class during its “bull market” are reevaluating their entire relationships with the digital coin. For more on this shift from FOMO to "Oh No", Bloomberg reporter Claire Ballentine joins this episode.See omnystudio.com/listener for privacy information.
Released:
Jul 18, 2022
Format:
Podcast episode

Titles in the series (100)

Crypto is the world's hottest financial trend. Digital tokens like Bitcoin and NFTs have moved from niche products to showing up in Super Bowl commercials and song lyrics.  Advocates of these new asset classes promise they will democratize the finance industry, and they hail the blockchain technology that backs it all as the future of computing. Skeptics say it's another financial house of cards. No newsroom on the planet is better equipped than Bloomberg to cut through all the noise and provide clarity, context and authority. In this new daily podcast, Bloomberg’s reporting team will tease out what’s actually important in the crypto conversation. Led by crypto expert Stacy-Marie Ishmael, the podcast will draw on reporters in every region and credible voices in the industry to cover everything from regulation to alt coins to DeFi, and even the environmental impact of the currency that promises to change the finance landscape indefinitely.