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Why Is Dfinity's ICP Token Down 95%?

Two months after its launch, the Dfinity Foundation's internet computer (ICP) token has crashed 95% from a high of around $630 to roughly $35. "The Hash" team explores the potential factors driving the price drop and the outlook for the token.

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El Salvador: Watershed Moment for Crypto as Bitcoin Becomes Legal Tender This September

Bitcoin will officially become legal tender in El Salvador beginning September 7, and any citizen who signs up for the digital wallet “Chivo” will receive $30 worth of the cryptocurrency. “The Hash” hosts discuss El Salvador’s bitcoin currency rollout and why this is a watershed moment for the digital asset space.

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Building Construction Meets Blockchain, Binance Launches NFT Platform

New South Wales sees launch of blockchain platform to track building construction quality. Binance launches its NFT marketplace with a debut sale featuring digital Dali. With the Hong Kong Digital Art Fair set to feature NFTs, Forkast speaks to one artist about its impact on the art world. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

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Could Miami Become the Crypto Capital of the World?

Miami mayor Francis Suarez discusses the city's first-mover advantage and ambition in the race to become the world's next crypto capital with incentives to come to Miami for local and global talent, attracting Chinese miners in the great migration, synergies with Latin American banks, El Salvador, bitcoin volatility, U.S. dollar infrastructure, and crypto regulation.

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How Is El Salvador’s Currency Law Impacting Bitcoin’s Price?

Gavin Michael, CEO of digital wallet provider Bakkt, has bitcoin price analysis and outlook, as El Salvador confirmed bitcoin will become legal tender on September 7. “Bitcoin has really proven that it’s here to say,” he said.

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Are Institutional Investors Getting Cold Feet?

Grayscale Bitcoin Trust (GBTC) shares bought in January will be unlocked next month, and the incentive to reinvest is relatively low. CoinDesk's Galen Moore discusses whether such "unlockings" discourage institutional investments. He also suggests where Chinese miners might be headed following further operations crackdowns. Plus, what Coinbase entering the Japanese market means for the global crypto community and regulatory framework.

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Why JPMorgan Analysts Are Bearish on Bitcoin

While some observers say bitcoin's price has bottomed out, analysts at JPMorgan remain bearish, identifying the impending unlocking of shares in the Grayscale Bitcoin Trust (GBTC) purchased in January as a source of downside risk to the cryptocurrency. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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Why McAfee’s Crypto Legacy Will Live On

CoinDesk's Chief Insights Columnist David Morris reflects on the controversial life and legacy of software mogul and cryptocurrency evangelist John McAfee, a larger-than-life figure in the history of computing and crypto. Morris says McAfee is the "most extreme embodiment of the kind of freedom that cryptocurrency types really praise."

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Hong Kong’s Apple Daily to Live on in Blockchain, Free of Censors

Some cyber activists are uploading articles from HK's pro-democracy Apple Daily newspaper to decentralized file storage platform ARWeave, where they can live on uncensored. Meanwhile, the U.S. government has seized dozens of American website domains connected to Iran. "The Hash" hosts discuss the importance of blockchain use cases, especially what it means for free press and the future of journalism, plus the fast-growing rise in global crypto-related bans.

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Andreessen Horowitz Triples Down on Crypto With New $2.2B Fund. What’s Next?

Venture capital giant Andreessen Horowitz (a16z), a major backer of Coinbase and countless other crypto firms in the digital asset space, rakes in $2.2 billion for its third crypto venture fund, the largest crypto-related fund in the venture capital space to date. ​What does the future holds for a16z, and what's the significance of this moment in crypto history?

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