Each weekday, stacy-marie ishmael dives into everything from Bitcoin to Bored Apes, NFT’s to DeFi, Staking to Web3. Bloomberg Crypto, from Bloomberg and iHeart Radio, goes deeper than the daily market buzz to explore how this asset class is shifting the way we live
What's a "Flippening"?
What's a "Flippening"?
We’ve talked a lot about Bitcoin on the Bloomberg Crypto podcast - the world’s oldest, largest, and most popular cryptocurrency. But in this episode, we’re going to talk about the number two token - Ether, and about the blockchain it’s built on. Ether’s market value is still about half that of Bitcoin’s. But a recent surge - a whopping 50 percent since mid-June - has some Ether fans hoping it’ll unseat the number one crypto. There’s even a word for this theoretical event: it’s called the “flippening.” Could Ether overtake Bitcoin, upending more than a decade’s worth of Bitcoin dominance? And what would that mean for the future of crypto? To better explain what exactly the flippening entails, Bloomberg reporters Olga Kharif and Vildana Hajric join this episode.
Aug 24, 2022