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China’s The9 launches NFT platform, Hong Kong’s Securities and Futures Commission (SFC) issues crypto warning, and an Indian teen makes thousands from selling NFT art. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

31 aug 2021

Quantum Economics analyst Jason Deane discusses his outlook for the Bitcoin network, explaining why he believes there's "too much value" and "too much at stake" for it to fall. "It's very, very difficult to stop something that has a full network effect," Deane said. Plus, insights into the global growth of BTC users, the impact of China's mining crackdowns on the hashrate, institutional interest in crypto.

30 aug 2021

A new chart reveals a narrowing spread between futures prices of bitcoin and those of the spot market. It can be tied back to a reduction in leverage in the market as exchanges for futures and other derivatives have reduced the amount by which traders are allowed to borrow to fund their speculative bets.

30 aug 2021

Programmable blockchain Solana’s SOL token crossed the $100 mark on Monday, drawing a three-figure price for the first time. The cryptocurrency ranked eighth largest by market cap, ahead of Polkadot and stablecoin USDC. "The Hash" team discusses their reading of the SOL rally and the potential outlook for the so-called "Ethereum killer."

30 aug 2021

Billionaire hedge fund manager John Paulson remains strongly opposed to investing in cryptocurrencies, saying they will "eventually prove to be worthless." However, when asked why he doesn’t short cryptocurrencies, Paulson said prices are simply “too volatile” to short them effectively. "The Hash" panel discusses the potential strengths and weaknesses of Paulson's crypto markets assessment.

30 aug 2021

Payment giant Square plans to build a decentralized bitcoin exchange via its new division focused on creating an open developer platform, with more details TBD, said CEO Jack Dorsey. "The Hash" squad unpacks the industry implications for Dorsey's latest crypto project and the possible hurdles for rolling out such a protocol.

30 aug 2021

According to the People's Daily, China aims to build an international clearing and settlement network for mobile payments using the digital yuan, saying renminbi (RMB) internationalization is inevitable. Meanwhile, the central government is tightening its grip on control as it's now issuing guidance for time spent on video games. "The Hash" hosts discuss the latest on ​China's central bank digital currency (CBDC) pilot, its implications for global finance, and if China's political model impedes innovation.

30 aug 2021

Solana’s SOL token is now the 8th biggest cryptocurrency by market value. Toroso Investments CIO Michael Venuto discusses his take on what could be driving the current Solana rally. Plus, his insights into the possible impact of the $1 trillion infrastructure bill on institutional interest in crypto and outlook for bitcoin exchange-traded funds (ETFs).

30 aug 2021

Avanti Bank and Kraken are among several crypto firms seeking direct access to the Federal Reserve’s payment systems used by traditional banks that would allow them to more quickly and cheaply process orders for digital assets. CoinDesk’s Nikhilesh De unpacks the latest trials in crypto banking and the implications for the blockchain community.

30 aug 2021

“Community Crypto” host Isaiah Jackson is joined by Alex Dischinger, Tucson Bitcoin podcast host and Bitcoin Meetup Organizer, to discuss the potential outlook for crypto adoption in Arizona. Plus, his take on the $1 trillion bipartisan infrastructure bill and its possible impact on crypto regulation.

30 aug 2021