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BTC Large Transactions Volume Hits 2-Year High
Blockchain metrics show bitcoin’s latest breakout above key resistance is back by renewed interest from large investors. The so-called “large transaction volume” has hit a two-year high of over 10 billion BTC in bitcoin terms. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
MidChains CEO on UAE’s Crypto Landscape
As of this February, cryptocurrencies including bitcoin, ether, and stablecoin tether have been accepted as a form of payment at the KIKLABB free trade zone in Mina Rashid, Dubai, which became the first UAE government to officially embrace bitcoin.
XBTO CEO: Bitcoin ‘Absolutely’ Going Up From Here
Amid an ongoing trend of "whales" or large BTC holders accumulating their positions, Philippe Bekhazi, founder and CEO of institutional crypto and liquidity provider XBTO Group, discusses the bullish short-term outlook for bitcoin. Plus, insights into XBTO's partnership with Inter Miami CF, institutional interest in altcoins, crypto regulations, and more.
Binance to Ditch Decentralized HQ Concept?
Crypto exchange Binance plans to abandon its long-standing "decentralized headquarters" concept as it faces increasing regulatory scrutiny from global lawmakers. "The Hash" team discusses the latest continuation of Binance's attempts to get ahead in its regulatory positioning.
Vitalik Buterin Among Time Magazine’s 100 Most Influential People of 2021
Time Magazine has listed Ethereum co-founder Vitalik Buterin in its 100 Most Influential People list for 2021. Tesla CEO Elon Musk and El Salvador President Nayib Bukele have also been recognized.
Ray Dalio: If Bitcoin Is Really Successful, Regulators Will ‘Kill It’
“The Hash” panel discusses their reactions to Bridgewater Associates founder Ray Dalio’s assessment of bitcoin, who said regulators would ultimately take control of the cryptocurrency if it achieves mainstream success. “The bitcoin revolution is because we finally have a money that can’t be shut down,” host Naomi Brockwell said. Could bitcoin ever be completely “killed?”
Polychain Capital, Three Arrows Lead $230M Investment in Avalanche Ecosystem
Fresh on the heels of a $180 million incentive program, the Avalanche Foundation announced Thursday a $230 million raise led by Three Arrows Capital and Polychain Capital to jumpstart liquidity in the network’s burgeoning decentralized finance (DeFi) ecosystem. "The Hash" squad discusses Avalanche as an emerging player entering the DeFi game, implications for VCs getting involved with the network, and the competition with Ethereum.
House Democrats Propose Wash Sale Rules on Crypto
House Democrats are hoping to close two possible loopholes within tax regulations for different types of sales in cryptocurrencies. CoinDesk's Nikhilesh De discusses the specifics, reactions, and implications of the proposed provisions, suggesting the potential outlook for crypto regulation.
Canaan Reports Record Revenues, Korea Says No to Crypto Tax Delay
Cryptocurrency mining hardware manufacturer Canaan reports record revenues. South Korea’s finance minister says no to crypto tax delay. NFT platform OpenSea admits insider trading. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
