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How the Upcoming Merge Will Impact Ether’s Price
QCP Capital Co-Founder and CIO Darius Sit join “Community Crypto” to discuss the upcoming merge’s impact on ether (ETH) as “open interest in ethereum options has far surpassed bitcoin.” Plus, his advice on trading if the merge does not go smoothly.
Ethereum Merge: Educational Curve and Potential Risks
Ethereum is expected to move from proof-of-work to proof-of-stake in September, reducing energy consumption by 99.95%. Vega blockchain researcher Klaus Kursawe shares insights on how to navigate through the educational curve. Plus, advice from Prysmatic Labs Co-founder Preston Vanloon and QCP Capital Co-Founder Darius Sit on avoiding the potential risks if the merge goes south.
Riot Blockchain Earned $9.5M for Not Mining During Texas Heatwave
Bitcoin mining firm Riot Blockchain mined 318 bitcoins in July, 28% fewer than last July, as it shut some operations to accommodate the high energy demand during the heatwave in Texas. The miner gained $9.5 million in power credits and other benefits from the curtailment. Riot Blockchain Vice President of Capital Markets discusses the state of the mining industry and potential impact of the upcoming ETH merge on the sector.
Bitcoin Dives Out of Bullish Trendline
Bitcoin (BTC) was on an uptrend from July 11 to early this week, making higher lows. Yet, BTC seems to have broken the trend line after it dipped below $23,500. "All About Bitcoin" host Lawrence Lewitinn breaks down the Chart of the Day.
Bitcoin Falls for a Fifth Straight Day
Fairlead Strategies Founder and Managing Partner Katie Stockton discusses her crypto markets analysis and outlook as the price of bitcoin (BTC) dips lower for a fifth consecutive day.
Crypto.com Reportedly Reduces Workforce Since Initial Layoff Announcement; Canaan Sees 'Prolonged Headwinds' After Challenging Quarter
Crypto exchange Crypto.com has laid off hundreds more employees since the initial layoffs in June, according to The Verge. Bitcoin mining rig maker Canaan said tougher market conditions will hurt its financial performance near-term after a difficult second quarter. Cowen analyst Stephen Glagola downgrades his rating on bitcoin miner Stronghold Digital.
Dapper Labs Launches NFL ALL DAY Platform After Beta Trial
Dapper Labs Inc is officially launching NFL ALL DAY, a new non-fungible token (NFT) platform featuring digital collectibles of NFL players and special video highlights. "The Hash" hosts discuss the latest in the world of sports, crypto, and NFTs.
Rep. Tom Emmer: Regulators 'Have to Wait' For Congress on Crypto
Rep. Tom Emmer (R-Minn.) explains why the agencies like the Securities and Exchange Commission (SEC) need to wait for Congress to offer further regulatory clarity on the future of cryptocurrency guidelines.
Rep. Tom Emmer: Tornado Cash Sanctions 'Unprecedented Shift'
Rep. Tom Emmer (R-Minn.) discusses the U.S. Treasury blacklisting crypto mixer Tornado Cash. The congressman explains why lawmakers have to get their act together to inquire into what this "unprecedented shift" in policy means for privacy rights and digital innovation.
US Tribal Nation-Linked Digital Economic Zone Publishes Draft Rules for DAOs
A digital economic zone backed by the Catawba Indian Nation in Rock Hill, South Carolina, wants to recognize decentralized autonomous organizations (DAO) as either unincorporated non-profit associations or limited liability companies, according to draft rules published Wednesday. "The Hash" team discusses the legal implications of structuring DAOs.
