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SEC Chair Gary Gensler: A Ban on Crypto Would Be ‘Up to Congress’
Responding to whether the SEC had any plans to follow China’s lead in banning cryptocurrency in favor of a prospective central bank digital currency (CBDC), SEC Chair Gary Gensler said Tuesday, “No, that would be up to Congress,” suggesting the agency has no plans to ban crypto.
Bitcoin Futures Market Suggests Huobi a Loser in China Crackdown
Bitcoin’s move to $50,000 has revived bullish sentiment, lifting futures premiums on most major cryptocurrency exchanges, which are often seen as a gauge of speculative interest. Though on the Huobi exchange, historically skewed toward Chinese customers, the premium hasn’t budged, potentially due to its decision to suspend services to China-based clients.
George Soros' Family Office Owns Bitcoin
Billionaire investor George Soros' family office, Soros Fund Management, has invested in bitcoin but clarified "the coins themselves are less interesting than the use cases of DeFi." "The Hash" group discusses the implications for the Soros brand getting into crypto and whether this could be bullish for the blockchain industry at large.
Impact Theory CEO on Launching ‘Founder’s Key’ NFT Collection
Tom Bilyeu, co-founder and CEO of Impact Theory, a mission-based content studio, discusses launching its first-ever NFT collection dubbed “Founders Key,” explaining why he decided to dabble into the booming NFT market. “It unlocks the future of everything that we’re doing as a company,” Bilyeu said.
Why Financial Advisors Should Consider Adding Bitcoin to Their Portfolios
Bitcoin is up nearly 9% on the day, and pullbacks appear to be limited given a series of breakouts over the past week.
Crypto Miners Blamed for Kazakh Power Shortages, Bitcoin on the Up
Crypto mining blamed for power shortages in Kazakhstan. Bitcoin crosses US$50,000 mark and leads altcoins up. A lawmaker accuses Korean crypto exchange Upbit of listing faulty tokens to earn fees. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Unstoppable Domains CEO on Bitcoin’s Outlook After September Doldrums
Matthew Gould, CEO of blockchain domain name provider Unstoppable Domains, discusses his reading of the trend of September doldrums in the crypto markets and his “still very bullish” outlook for bitcoin. Plus, his reactions to Facebook’s major outage and the case for Web 3.0.
Bitcoin Breaks $50K for First Time in a Month
Bitcoin, the largest cryptocurrency by market value, broke above the crucial psychological threshold of $50,000 Tuesday for the first time since Sept. 7. Travis Kling, founder and CIO of Ikigai Asset Management, discusses his bitcoin analysis and outlook, explaining key patterns he’s continuing to watch.
Facebook Outage: Could Crypto Shut Down?
Facebook went down Monday for a little over five hours due to configuration errors, with the damage reportedly costing an estimated $65 million. This comes as the social media giant faces allegations its platforms promote toxic content and harm users. Could the same error make crypto networks go offline? "The Hash" panel discusses the implications for the fragility of the internet at large, highlighting the importance of Web 3.0 and decentralization.
