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Bitcoin Trading Sideways Around $21K
Bitcoin (BTC) is hovering around $21,400, roughly where it stood 24 hours ago. Martin Leinweber, Digital Asset Product Strategist at Market Vector Indexes (MV), discusses his crypto markets analysis and outlook, explaining "the problem with bitcoin" losing its narrative ahead of the Ethereum merge. Plus, what to expect from Federal Reserve Chair Jerome Powell's Jackson Hole remarks Friday and the potential impact on the markets.
Huobi Warning Issued; Singapore’s Blockchain Aims
Huobi Global talking to Malaysian regulator after being put on investor alert list. What’s happening with crypto regulation in Asia? Singapore’s developing crypto landscape. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Coinbase CEO Addresses Crypto Winter Concerns; RBI Governor Says Central Bank’s Warnings Pushed People to Avoid Crypto
Coinbase CEO Brian Armstrong admits crypto winter has been tough on the crypto exchange, calling it a “little painful.” The Reserve Bank of India’s governor says he’s glad the central bank sounded the alarm about crypto, suggesting this spared many investors the pain of losses during the market downturn.
What to Expect From Fed's Upcoming Jackson Hole Meeting
OANDA Senior Market Analyst Edward Moya discusses what to expect from the Federal Reserve's annual Jackson Hole meeting Friday and its potential impact on the crypto markets. "There's optimism here that we see the peak in inflation," Moya said. Plus, levels to watch for bitcoin's (BTC) price.
US Traders Account for Most Crypto Exchange Website Visits
U.S. traders are the most active participants in the crypto markets, according to new data from Arcane Research. The analytics firm tracked website traffic for 35 of the largest crypto exchanges around the world and found that U.S. investors represented more than 14% of all crypto exchange visits.
Samsung Securities, Others Eye Launching Crypto Exchanges in 2023: Report
Seven large traditional brokerages in South Korea, including Samsung Securities, have started laying the groundwork to launch their own crypto exchanges in the first half of next year, according to Korean outlet NewsPim. “The Hash” panel discusses what this means for South Korean crypto adoption and regulation.
Coinbase Allegedly Failed to Secure User Accounts, Faces Class Action Lawsuit
Coinbase is facing a class action lawsuit after the crypto exchange allegedly failed to properly secure customers’ accounts, leaving it vulnerable to theft and unauthorized transfers. “The Hash” panel breaks down the lawsuit and outlook on investor protection in the crypto sector.
Tom Brady's Autograph Launches New NFT 'Signature Experiences’ for Fans
NFT platform Autograph, co-founded by legendary quarterback Tom Brady, is launching a new "Signature Experiences" product that grants fans access to exclusive events and merchandise. "The Hash" panel discusses what this means for the future of fan experiences.
Mark Cuban Calls Out SEC Chair Gensler Over Crypto Regulation Comments
In a recent Wall Street Journal op-ed, U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler stated in part that "there’s no reason to treat the crypto market differently from the rest of the capital markets just because it uses a different technology." "The Hash" panel discusses Gensler's stance and why billionaire Mark Cuban is calling him out on Twitter.
Fed's Upcoming Jackson Hole Remarks Could Be a 'Fool's Errand': Opimas CEO
Opimas CEO Octavio Marenzi predicts Jerome Powell's annual Jackson Hole remarks to be a "victory lap, self congratulatory kind of speech" this Friday even though inflation has not been reined in.