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What's Behind the AI Crypto Hype?

As crypto tokens utilizing artificial intelligence (AI) technology have been skyrocketing in the wake of ChatGPT's popularity, indexing protocol The Graph's GRT token surpassed a $1 billion market capitalization again, according to data from CoinMarketCap. GenTwo Crypto Analyst Pablo Jodar Seores joins "First Mover" to discuss the impact of ChatGPT on crypto and the potential factors moving the price of AI-focused tokens.

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Algorand Foundation CEO on Crypto-Staking After Kraken’s SEC Settlement

Coinbase CEO Brian Armstrong says he's heard rumors the U.S. Securities and Exchange Commission would like to ban retail investors from engaging in cryptocurrency staking. Algorand Foundation CEO Staci Warden discusses what this could mean for crypto stakers, as Kraken shut its staking services as a part of its SEC settlement. Plus, the latest on Algorand Foundation's partnerships in India for Web3 growth.

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Launchnodes CEO on Kraken Shutting Down Its US Staking Program

Crypto exchange Kraken is ending its crypto staking services for U.S. clients and paying a $30 million fine in a settlement with the U.S. Securities and Exchange Commission (SEC). Jaydeep Korde, founder and CEO of non-custodial Ethereum staking services provider Launchnodes, discusses what this means for his business operations and the crypto industry at large.

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Bitcoin, Ether Falling as Paxos To Stop Minting Stablecoin BUSD

Bitcoin slipped below $22,000 as stablecoin issuer Paxos announced the company would stop minting new Binance USD (BUSD) tokens at the direction of the New York Department of Financial Services (NYDFS). This comes after a report of the threat of legal action from the U.S. Securities and Exchange Commission (SEC). Tastycrypto Head of Digital Assets Ryan Grace discusses how this will impact the market sentiment.

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Bitcoin’s NFT Hype Attracts Interest of BSV Developer Twetch

Twetch has already built a suite of NFT apps on the Bitcoin SV blockchain. So the new push by Ordinals to bring NFTs to the Bitcoin blockchain looks like an opportunity for expansion. CoinDesk Editor at Large Christie Harkin joins "All About Bitcoin" to discuss.

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Bitcoin Below $22K as Traders React to Kraken Shutting US Crypto-Staking Service

Bitcoin (BTC) is trading below $22,000 as traders react to Kraken shuttering its crypto staking-as-a-service platform for U.S. customers and the crypto exchange's $30 million settlement with the SEC. CoinDesk Crypto Markets Analyst Glenn Williams Jr. shares his markets analysis as the largest cryptocurrency by market capitalization has fallen roughly 7% in the last week.

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Whale Investors Sending More Bitcoin to Exchanges

Bitcoin “whales,” or investors who hold over 1,000 BTC, are beginning to move bitcoin back onto centralized exchanges. The trend comes even as on-chain activity shows that smaller investors are removing BTC from exchanges. "All About Bitcoin" host Christine Lee breaks down "The Chart of The Day."

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AI-Focused Token Interest Spikes in Wake of ChatGPT Popularity

Cryptocurrency tokens utilizing artificial intelligence (AI) technology have been on a tear in the past months, with most tokens up an average of 80% in the past week alone, according to CryptoSlate data. Much of the recent surge in AI tokens emerged after the public launch of chatbot ChatGPT and image generation software Dall-E in mid-2022. "The Hash" hosts discuss the recent rally and what this means for the crypto industry.

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What SEC's Enforcement Action on Kraken Could Mean for Crypto Industry

Crypto exchange Kraken will pay a $30 million settlement fine to the U.S. Securities and Exchange Commission (SEC) and halt its staking service for U.S. customers. Former SEC Attorney and Ketsal partner Zachary Fallon says the agency's enforcement action shows the SEC's "increasing focus on intermediaries in this space."

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PayPal Held $604M in Crypto For Its Customers as of Year-End 2022

PayPal (PYPL) held a total of $604 million of bitcoin (BTC), ether (ETH), litecoin (LTC) and bitcoin cash (BCH) for its customers as of Dec. 31, according to its annual report to the U.S. Securities and Exchange Commission (SEC). The payments company has been allowing customers to buy and sell crypto since October 2020, though it has only recently begun to disclose specific holdings of different coins in its SEC filings. "The Hash" panel discusses what this means for PayPal's crypto ambitions.

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