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Bitcoin was holding support around $33K Tuesday and is down about 5% over the past week. The cryptocurrency had a choppy trading session during Asia hours and is stuck in a tight range since June. Valkyrie CIO and co-founder Steven McClurg discusses the outlook for bitcoin and whether it will break out soon. "I definitely see us stuck here over the summer," he said, commenting on bitcoin's trajectory. Plus, why McClurg says he thinks inflation is not transitory and the impact of China's crypto crackdowns on bitcoin's price and hashrate.

6. Juli 2021

Harry Sudock, VP of Strategy at bitcoin mining firm Griid, responds to bitcoin's growing environmental, social, and corporate governance (ESG) concerns, discussing how Griid is procuring renewable energy to supply a portfolio of bitcoin mining facilities. "We have an overwhelmingly carbon-free and renewable-focused portfolio, not because we have an ESG mandate, but because that's the way we achieve the best results," Sudock said. Plus, insights into miners migrating out of China and whether this is a greener way forward.

6. Juli 2021

Bitcoin is holding support above $33K. Initial resistance is now seen at $36K, as short-term buyers continue to take profits. CoinDesk's Michael Casey breaks down the Chart of the Day.

6. Juli 2021

The bitcoin stock-to-flow model, one of the most widely used charts for predicting massive future bitcoin price gains, currently suggests bitcoin’s price should be around $77,900. It’s the model’s largest divergence since January 2019. “The Hash” team breaks down the data, exploring the outlook for bitcoin.

6. Juli 2021

The circulating supply of stablecoin USD coin (USDC) on Justin Sun's Tron blockchain has surpassed 108 million in less than a month. Some say this indicates that crypto traders are increasingly turning to blockchains that provide cheaper transaction fees with faster speed than what's found on Ethereum. "The Hash" hosts explore the continuing growth of stablecoins and whether USDC is set to defeat tether (USDT) as the dominant stablecoin.

6. Juli 2021

Non-fungible token (NFT) sales rose to $2.47 billion in the first half of 2021, according to data by DappRadar. This is a dramatic increase from the first half of 2020, when NFT sales totaled $13.7 million. Sports and collectible NFTs were revealed to be the most popular, although NBA TopShot sales are falling. "The Hash" panel takes a deep dive into the data, discussing whether NFT sales have peaked. "What goes up, must come down," host Zack Seward said.

6. Juli 2021

Bumpy ride ahead? Chinese regulators are now ordering the country's largest ride-hailing app Didi to be removed from app stores, citing data security concerns. This comes just days after it made the second largest U.S. initial public offering for a Chinese firm. "The Hash" hosts dig into the clampdown on Didi as part of a larger conversation about the Chinese government's power play over privacy, data security and national security on crypto and big tech.

6. Juli 2021

The U.S. Financial Crimes Enforcement Network (FinCEN) announced it’s adding a “Chief Digital Currency Advisor” to its ranks. Michele Korver, who joined the U.S. Department of Justice as its first “Digital Currency Counsel” in late 2017, will consult with FinCEN Acting Director Michael Mosier on cryptocurrency’s role in financial crime.

6. Juli 2021

India's largest crypto exchange WazirX, which Binance acquired in 2019, has partnered with crypto-tracking software firm TRM Labs to enhance anti-fraud and anti-money laundering features. WazirX Founder and CEO Nischal Shetty denies claims that its deal with TRM Labs is connected to Binance's string of warnings from global financial regulators. "In India, there are no regulations around crypto. What we are doing is... to self regulate ourselves, and transaction monitoring is an important aspect," Shetty said.

6. Juli 2021

IBC Group to end Bitcoin and Ethereum mining in China. The Pavilions Hotels and Resorts to accept crypto. Blockchain leads to rise of crypto natives. We’ll have more on these stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

6. Juli 2021