cdtv

Nik De, CoinDesk managing editor for Global Policy and Regulation, joins “First Mover” to provide the latest update in an ongoing lawsuit against the Internal Revenue Service regarding income taxes for staked cryptocurrency on the Tezos blockchain. Plus, a discussion on whether the IRS could be looking into NFTs for tax revenue, and why Ukraine’s minister for Digital Transformation canceled the proposed crypto airdrop.

Mar 3, 2022

In today’s “Chart of the Day” segment, Christine Lee presents a chart illustrating the illiquid supply of bitcoin, coins held in wallets with minimal history of spending, which has surpassed the May 2021 peak, reaching 76%. Glassnode telling CoinDesk the data seen in this chart is a sign of bitcoin accumulation, adding these often represent coins socked away in cold storage, crypto-speak for storing crypto offline, and the wallets of HODLers who undertake a dollar-cost averaging strategy. 

Mar 2, 2022

Edward Moya, Oanda senior market analyst for the Americas, joins “All About Bitcoin” to discuss bitcoin’s value as an asset given several global macro factors currently growing crypto’s widespread appeal.

Mar 2, 2022

Damanick Dantes, CoinDesk Markets Reporter, joins “All About Bitcoin” to present his BTC price analysis as macro factors continue to impact the state of the crypto market. Dantes discusses what Powell’s projected March rate hike mean for the crypto markets, and concerns about cryptocurrency usage by Russians to circumvent economic sanctions.

Mar 2, 2022

Recent analysis from Bank of America indicated that amid increasing concerns of inflation and growing user adoption in the cryptocurrency space, a “crypto winter” is not likely to take place. “The Hash” discusses this thesis, looking at institutional adoption, the magnification of the NFT marketplace, and the use cases for crypto as seen in El Salvador, Canada, and now Ukraine. 

Mar 2, 2022

After receiving over $33 million in crypto donations amid the Russian invasion, Ukraine has confirmed an airdrop for those who contributed to its official crypto wallets. “The Hash” team discusses this nuanced phenomenon of nonstate currency being used by a country during warfare and how networks like Polkadot and Avalanche can get involved. 

Mar 2, 2022

As Ukrainians flee the country amid Russian aggression, Airbnb has announced that they will provide free housing for up to 100,000 Ukrainian refugees. Separately, Airbnb CEO Brian Chesky says he has "a team looking into that“ when it comes to crypto payment support on the platform. "The Hash" team discusses the implications of Chesky's comments.

Mar 2, 2022

Federal Reserve Chair Jerome Powell says he is “inclined to propose and support a 25-basis-point rate hike" in March. In addition, Powell stated that “war underscores need” for crypto regulation as the Russia-Ukraine conflict unfolds. "The Hash" team reacts to Powell's comments.

Mar 2, 2022

Gitcoin Founder Kevin Owocki explains how cryptocurrency can be used for public good in the new book “Greenpilled," which was authored by (members of) Gitcoin DAO. Owocki sheds light on how the transparent element of crypto and blockchain can be used for social resources like UBI and non-state digital identities. Plus, a conversation about the crypto industry donating over $20 million to Ukraine and the country’s software developer community. 

Mar 2, 2022

Knox Ridley, I/O Fund portfolio manager, joins “First Mover” to share his analysis on the crypto markets, looking at price actions and the increased corporate and institutional adoption of cryptocurrencies and blockchain technology. Ridley explains how macro factors influence the markets as crypto demand rapidly increases in Russia and Ukraine.

Mar 2, 2022