cdtv
Sam Bankman-Fried Taking the Stand Depends on His 'Personality,' Lawyer Says
FTX founder Sam Bankman-Fried is set to testify in his criminal trial, a direct appeal to jurors in his bid to prove he did not intend to defraud investors. Lowenstein Sandler LLP partner Rachel Maimin, who specializes in white-collar criminal defense, discusses the potential outcomes. "I think 90% of this is about personality and humanizing him, as opposed to substance," Maimin said.
How Crypto Bankruptcies are Playing Out in U.S. Courts
Bitcoin (BTC)'s recent rally hasn't seen these levels since last May, just before the crypto industry faced a series of crypto bankruptcies that included FTX, Voyager and Celsius. Brown Rudnick LLP partner Robert Stark, along with Vanderbilt Law School Professor and Associate Dean Yesha Yadav join CoinDesk's State of Crypto 2023 event in Washington, D.C. to discuss how crypto bankruptcies are playing out in U.S. courts.
Decentraland Foundation Exec on Future of AI in the Metaverse
Nvidia, decentralized artificial intelligence (AI) network SingularityNET and others are participating in Decentraland's AI World Fair this week. Decentraland Foundation executive director Yemel Jardi shares insights into the event, exploring the opportunities of AI innovation in the metaverse and the outlook for mainstream adoption.
Bitcoin Supply on Exchanges Has Fallen to Lowest Level Since 2018: Analyst
Bitcoin (BTC) briefly topped $35,000 Wednesday for the second time this week, as U.S. GDP increased at an annual rate of 4.9% in the third quarter. Forex.com global head of research Matt Weller shares his crypto markets analysis, breaking down the implications of bitcoin's supply and its correlation with the Nasdaq 100. Plus, his outlook for a spot bitcoin ETF approval.
Sen. Kirsten Gillibrand Is Bullish on Stablecoin Legislation
Sens. Kirsten Gillibrand (D-N.Y.) and Cynthia Lummis (R-Wyo.) join CoinDesk's State of Crypto 2023 event in Washington, D.C. to discuss whether the crypto industry could see legislation move forward by the end of the year. "We know the House is ready to act on a stablecoin provision, so we're just hoping the Senate can keep up with the House's ambition on this," Sen. Gillibrand said.
Block Exec on 'Challenges' Crypto Regulation Faces in the U.S.
Block Global Head of Bitcoin Policy Melissa Netram discusses some of the hurdles in establishing a regulatory framework for crypto in the U.S. "You will see a lot of pieces of legislation and regulation trying to solve the problem for today," Netram said. "The issue is that, unfortunately, technology moves so much faster than policy."
Institutional Interest in Digital Assets Has 'Percolated,' Analyst Says
OANDA senior market analyst for the Americas Edward Moya weighs in on the state of institutional and retail interest across the digital assets industry. "Crypto has been fascinating because the institutional interest has definitely percolated, Moya said. Retail investors are still "licking their wounds from FTX...there's still a lot of lost confidence in the space."
Sen. Cynthia Lummis: Crypto Industry Is 'Ready to Embrace Responsible Regulation'
As part of CoinDesk's State of Crypto 2023 event in Washington, D.C., Sens. Kirsten Gillibrand (D-N.Y.) and Cynthia Lummis (R-Wyo.) discuss their outlook for crypto regulation in the U.S. "The industry is ready to embrace responsible regulation," Sen. Lummis said.
Crypto Fear & Greed Index Jumps to Highest Since November 2021
The Crypto Fear & Greed Index, a key gauge of investor sentiment, has jumped to its highest level since November 2021, suggesting bitcoin's recent bull run might take a breather. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
Sam Bankman-Fried Will Testify; Crypto Wallet Maker Ledger Officially Rolls Out 'Recover'
"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest stories shaping the crypto industry today, including FTX founder Sam Bankman-Fried deciding to testify in his criminal trial. Wallet maker Ledger's "Recover" option is now live, prompting new criticism from some unimpressed crypto users. Plus, crypto withdrawals on Binance are back online after a temporary outage.
