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Ethereum 2.0 Sees High Deposit Rate as London Hard Fork Looms
Ether (ETH) notched a 12-day winning streak Monday, the longest ever, in the runup to a planned upgrade on Ethereum’s blockchain that aims to improve the so-called gas fees and limit the supply of the token. CoinDesk Technology Managing Editor Christie Harkin digs into the so-called London hard fork upgrade and what it means for the crypto markets.
Hong Kong Crypto Crime Surges, Tencent Launches NFT Platform
Crypto-related crimes surge to record levels in Hong Kong. Australia’s Afterpay to be acquired by Square. Chinese tech giant Tencent launches an NFT platform. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Bitcoin Logs Biggest Weekly Price Gain in 3 Months as Illiquid Supply Hits Record High
Bitcoin posted its steepest weekly gain in three months last week, and blockchain data hinting at renewed supply-side weakness indicates further advances may be in the offing. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
Bitmain, ISW Holdings to Launch Crypto Mining Operation in Georgia
Irene Gao of Bitmain, a leading Chinese crypto mining firm and mining hardware producer, discusses the company's new venture: a crypto hosting and mining operation in Georgia in partnership with ISW Holdings. This comes as Beijing continues its tough stance on crypto. Plus, her take on the potential impact of the U.S. Senate's proposed $1 trillion bipartisan infrastructure bill on the mining community.
Bitcoin’s Next Move After Breaking $42K
Bitcoin buyers are taking profits after a rally toward $42,000 over the weekend. OANDA Senior Market Analyst Edward Moya discusses what he saw as the potential catalyst for the price bounce and why he believes this signals a return of positive momentum this month.
FTX, MLB Announce $100K Giveaway in Bitcoin or Cash
Sam Bankman-Fried’s crypto exchange FTX and the Major League Baseball (MLB) are now giving away $100K worth of bitcoin.
NFT Markets Post Record-Breaking Week Despite Talks of a Bursting Bubble
Has the NFT bubble burst? A new report reveals otherwise, which claims markets for non-fungible tokens (NFTs) climbed to record high trading volume and average prices in the past week. “The Hash” squad discusses the ever-sizzling NFT craze and where it’s headed.
US Infrastructure Bill Could Be ‘Disastrous’ for Crypto
“The Hash” panel digs into the updated draft language of the U.S. Senate’s $1 trillion bipartisan infrastructure bill, which narrows the definition of “broker” for crypto tax collection purposes. “The repercussions could be disastrous,” host Naomi Brockwell said, should the legislation be formally introduced.
Marathon Digital to Buy $121M of Mining Machines
Las Vegas-based mining company Marathon Digital, which some say is helping drive bitcoin mining investment in North America, has reportedly agreed to buy 30,000 Antminer S19J Pro bitcoin mining machines worth $120.7 million from major ASIC chips manufacturer Bitmain.
The Metaverse’s Emerging Economics
The metaverse is quickly becoming one of the most trendy buzzwords to put in this year's pitch deck. Over the next five years, even Facebook CEO Mark Zuckerberg predicts his social media company will transition into a "metaverse company." Cathy Hackl, Futures Intelligence Group CEO and self-claimed Chief Metaverse Officer, explains what the metaverse is all about and why it's important to invest in the space now.