Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, returns to discuss the Ethereum Merge, The Federal Reserve’s rate hikes, and how markets are reacting to Fed decisions moving forward. He also discussed long-term bonds and Bitcoin’s evolution with Michelle Makori, Editor-in-Chief and Lead Anchor at Kitco News.
Follow Michelle Makori on Twitter: @MichelleMakori (https://twitter.com/MichelleMakori)
Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)
Follow Mike McGlone on Twitter: @mikemcglone11 (https://twitter.com/mikemcglone11)
0:00 – Ethereum Merge
3:54 – Bitcoin and crypto
5:33 – Fed ‘sledgehammer’
12:28 – ETH and institutional adoption
19:41 – ‘Macroeconomic global winter’
24:44 – Bitcoin and Ethereum price outlook
27:04 – Portfolio allocation
#ethereum #bitcoin #investing
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31 Comments
Be aware of Pump + Dump scenario. Biden admin will go ahead and regulate crypto + issue digital $. That will severely affect crypto.
It will go down BIG TIME before going up.
OR…. Govt/Fed will outlaw all Cybercoins …like China, etc
et al, …. won't stand for competition…
CBDC will render decentralized crypto illegal before then.
Michelle, silver maples include a portrait of the Queen. If the RMC stops producing coins with her portrait would the existing coins be worth more? What's the story with the 10oz RCM/eBay bar, it seems to command a much higher premium? Thanks!
This guy is looking in the rear view mirror to see where he's going a total waste of time.
This why you’re such👆 a pure soul who always lend his hand with money.I wish the world has more people like you without you I wouldn’t have setup my business successfully if not for the 5.4BTC I got from you
This why you’re such👆 a pure soul who always lend his hand with money.I wish the world has more people like you without you I wouldn’t have setup my business successfully if not for the 5.4BTC I got from you
Yada Yada yada.. millions just lost all they had heading for the streets. where's the new money coming from wall street " decentralized" he's got joke's. or maybe new folks coming in. sad
wish y'all would just be honest about how retarded eth is from so many angles
Bitcoin to 100k? Why don’t you go on CNBC and hang out with your bff Tom Lee?
Why would bitcoin do a 5x to 100k while eth does only 3x? If anything it's the other way around
This is a crypto salesman
The feds are already laying the groundwork for a CBDC. Crypto crackdown will be next. PMs are the only true decentralized form of money
Yeah. Come back to those numbers on all of them after getting through the WEFs attempt at overthrowing the US after it claimed the US would not be a world power (essentially) after 2030, but Trump followed by COVID accelerated those plans.
Totally wrong on crypto currency
Great job Michelle as always 👊
IF ONLY HAVE☝️☝️ MET EARLIER, I WOULD HAVE KNOWN MUCH ABOUT THE REAL THING WITHOUT GETTING SCAMMER BUT I THANKS GOD I MET, HIM IM SO MUCH GRATEFUL 🎉 🎉 .
IF ONLY HAVE☝️☝️ MET EARLIER, I WOULD HAVE KNOWN MUCH ABOUT THE REAL THING WITHOUT GETTING SCAMMER BUT I THANKS GOD I MET, HIM IM SO MUCH GRATEFUL 🎉 🎉 .
Didn't even bother watching the video considering the preview says BTC will do a 5x yet somehow ETH will only do 4x.
I CAN’T WAIT ☝️☝️TO DO ANOTHER PROCESS ON THERE PLATFORM THANKS YOU FOR THE 1BTC
I CAN’T WAIT ☝️☝️TO DO ANOTHER PROCESS ON THERE PLATFORM THANKS YOU FOR THE 1BTC
AKRO / USDT_Perpetual Listings Please 🌶️
What's your guest smoking?
THIS IS SOMETHING☝️☝️ THAT’S REALLY POSSIBLE YOU JUST HAVE TO FIND THE RIGHT PERSON FOR IT, I HAVE MOVED ON TO A BETTER PLACE AND IT’S ALL THANKS TO THE COMPANY I FOUND?
THIS IS SOMETHING☝️☝️ THAT’S REALLY POSSIBLE YOU JUST HAVE TO FIND THE RIGHT PERSON FOR IT, I HAVE MOVED ON TO A BETTER PLACE AND IT’S ALL THANKS TO THE COMPANY I FOUND?
PoS ===> Proof of Slave
Bit ponz scam tulip mania 2.0 digital illusions of wealth pushed by the system to make sure we are left holding a bag of nothing after the great reset, & company
Gensler couldn't care less how history judges him, just look how he was a failure at CFTC and then got the job at SEC
Or outlawed and made illegal… fed, /govt wont tolerate competition… a la China, etc.
Need to hype the bitcoin to get his money back ??
Thanks