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Could Crypto Retreat Further Amid US Inflationary Woes?
Bitcoin and the wider crypto markets continue to drift lower despite bullish signals including rising inflation. Wave Financial’s Justin Chuh discusses the potential reasons behind the sea of red and how long the ongoing sell-offs could last. Plus, how the Fed’s announcement of quicker tapering of its bond buying program could affect price movements.
Bitcoin Exchange Outflows Resume as Stock Markets Get Over Fed Jitters
New blockchain data tracked by Glassnode shows crypto investors appear to have resumed bitcoin accumulation, a sign they expect the price to rise. This comes after U.S. stock markets overcame concerns about the economy to post their strongest gains in 10 months last week. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Lolli CEO: ‘$8M in BTC Awards Rewarded So Far’
Bitcoin rewards company Lolli has added food delivery platform Grubhub as the latest participating store, allowing users to earn BTC back on every order. Lolli CEO Alex Adelman shares insights into the rewards program and its impact on the online retail space.
BadgerDAO Reveals Details of How It Was Hacked for $120M
DeFi platform BadgerDAO was exploited for $120 million earlier this month, raising skepticism over crypto reliability.
Where is the Crypto Market Headed?
With bitcoin down just about 3% Monday, Director of Research for Eaglebrook Advisors John Orsini speaks on the future trajectory of the market, looking at issues like inflation, interest rates, and the impact of federal policies.
Myanmar’s Shadow Government Reportedly Adopts Tether as Official Currency
Myanmar’s shadow government, the National Unity Government (NUG) made up of ousted leader Aung San Suu Kyi’s supporters, has recognized stablecoin tether (USDT) as its official currency. This comes as Myanmar’s central bank declared all digital currencies illegal. "The Hash" squad discusses the latest development illuminating the adoption of tether as a potential act of defiance.
Bored Ape NFT Accidentally Sells for $3K Instead of $300K
A highly-sought after non-fungible token (NFT) from The Bored Ape Yacht Club collection has accidentally sold for a little more than $3,000, one-hundredth of its actual market price. "The Hash" team discusses the latest mix-up revealing the importance of personal responsibility in the blockchain.
Coinbase CEO Brian Armstrong Co-founds NewLimit, a Company Built to Extend the Human Healthspan
Coinbase CEO Brian Armstrong has introduced NewLimit, a company he’s helping build as a board member and investor in the epigenetic reprogramming space. The mission of NewLimit is to radically extend human healthspan, Armstrong tweeted. “The Hash” hosts unpack Armstrong’s latest ambitions amid an ongoing trend of early thinkers departing from crypto for greater pursuits.
Coinvestors Exec.: North America Leads in Blockchain Unicorns
As 2021 comes to a close, Managing Partner of Blockchain Coinvestors Matthew Le Merle speaks about why he thinks North America currently leads the world with the highest concentration of blockchain unicorns. Additionally, Le Merle shares his predictions for 2022, claiming there will be at least 30 more blockchain unicorns in the coming year.
Senate Banking Committee to Hold Stablecoin Hearing Tuesday
With a Senate Banking Committee hearing about stablecoins tomorrow, CoinDesk Managing Editor for Global Policy and Regulation Nikhilesh De shares his insights and what key information investors should be looking for in the hearing.
