Cryptoverse: After Merge, ether heads for a $20 billion Shanghai splurge

Cryptoverse: After Merge, ether heads for a  billion Shanghai splurge

Souvenir tokens representing cryptocurrency networks Bitcoin, Ethereum, Dogecoin and Ripple plunge into water in this illustration taken May 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register Sept 20 (Reuters) – The Merge came, saw and conquered. Not that you’d guess from crypto prices. The Ethereum blockchain’s mega-upgrade finally went … Read more

Cryptoverse: Ether snaps at bitcoin’s heels in race for crypto crown

Cryptoverse: Ether snaps at bitcoin’s heels in race for crypto crown

Souvenir tokens representing cryptocurrency Bitcoin and the Ethereum network, with its native token ether, plunge into water in this illustration taken May 17, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register Sept 13 (Reuters) – For years, ether could barely dream of challenging its big brother bitcoin. Now, its ambitions may … Read more

Meme stocks in reverse as Bed Bath & Beyond slump spooks investors

Meme stocks in reverse as Bed Bath & Beyond slump spooks investors

Aug 19 (Reuters) – Retail favorites GameStop and AMC Entertainment fell on Friday, undoing much of their recent gains after billionaire Ryan Cohen abruptly dumped his stake in struggling retailer Bed Bath & Beyond days after he took a bullish options position in the stock. Bed Bath & Beyond Inc’s shares (BBBY.O) extended their plunge, … Read more

Cryptoverse: Electric ether leaps on verge of Merge

Cryptoverse: Electric ether leaps on verge of Merge

Representations of cryptocurrency Bitcoin, Ethereum and Dash plunge into water in this illustration taken, May 23, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register Aug 16 (Reuters) – It looks like ethereum’s mega-upgrade is happening. Finally. After years of delays, the “Merge” seems all but certain to take place in September, … Read more

Cryptoverse: Blockchain bridges fall into troubled waters

Cryptoverse: Blockchain bridges fall into troubled waters

Representations of cryptocurrency Bitcoin, Ethereum and Dash plunge into water in this illustration taken, May 23, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register Aug 9 (Reuters) – Another day, another hack – and another blockchain bridge burned. When thieves stole an estimated $190 million from U.S. crypto firm Nomad last … Read more

Cryptoverse: Bitcoin beats the heat in a jumpin’ July

Cryptoverse: Bitcoin beats the heat in a jumpin’ July

A representation of virtual currency bitcoin and a U.S. one dollar banknote are seen in front of a stock graph in this illustration taken January 8, 2021. REUTERS/Dado Ruvic Register now for FREE unlimited access to Reuters.com Register Aug 2 (Reuters) – It’s been a good month for bitcoin – and we haven’t said that … Read more

Inflation begins to strain finances of young, low-income Americans

Inflation begins to strain finances of young, low-income Americans

A shopper wearing a face mask is pictured at a Dollar Tree store in Pasadena, California, U.S., June 11, 2020. REUTERS/Mario Anzuoni Register now for FREE unlimited access to Reuters.com Register NEW YORK, Aug 1 (Reuters) – As high inflation forces Americans to spend more on gas and bills, young and low-income consumers are starting … Read more

Cryptoverse: The bonfire of the NFTs

Cryptoverse: The bonfire of the NFTs

July 5 (Reuters) – The NFT dream isn’t dead, but it’s taken a big non-fungible beating. The market shone gloriously last year as crypto-rich speculators spent billions of dollars on the risky assets, pumping up prices and profits. Now, six months into 2022, it’s looking ugly. Monthly sales volume on the largest NFT marketplace, OpenSea, … Read more

Crypto’s latest meltdown leaves punters bruised and bewildered

Crypto’s latest meltdown leaves punters bruised and bewildered

LONDON/MUMBAI/ANKARA, June 21 (Reuters) – For Jeremy Fong, U.S. crypto lender Celsius was an ideal place to stash his digital currency holdings – and earn some spending money from its double-digit interest rates along the way. “I was probably earning $100 a week,” at sites like Celsius, said Fong, a 29-year civil aerospace worker who … Read more

Cryptoverse: Is the end of the bitcoin winter nigh?

Cryptoverse: Is the end of the bitcoin winter nigh?

May 24 (Reuters) – The crypto winter is into its ninth week and bitcoin can’t shake the chills. From technicals to turnover, market indicators are flashing red or amber for the biggest cryptocurrency, which has lost a third of its value in just two months. So what now? Register now for FREE unlimited access to … Read more