Gold 2.0 in Bitcoin?
Data on the performance of bitcoin (BTC) vs. gold since Wednesday shows BTC is finally doing what has long been touted — acting as the ultimate inflation hedge. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
Crypto Trading Volumes Tank; India’s Crypto Info Call to G20
Trading volumes plummet as crypto winter bites and investors hold onto Bitcoin. Venture Capital investment in crypto startups falls, but the number of deals done rises. India’s finance minister calls on G20 to share information on crypto. US lawmakers say crypto miners should disclose energy data. Apathy at home compels South Korea’s blockchain game developers to market games abroad. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Celsius Files for Bankruptcy; Crypto Unfazed by US inflation
Celsius files for bankruptcy after paying off hundreds of millions of dollars of loans. Bitcoin bounces back after U.S. CPI hits 41-year high. MATIC skyrockets as Polygon joins Disney accelerator. Bitcoin hashrate slumps to lowest in over five months amid over 100 degree weather in Texas. Questions over Circle’s USDC reserves linger despite reassurances. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
How Mt Gox's Expected Bitcoin Release Could Impact Crypto Market
Roughly $3 billion worth of bitcoin (BTC) may soon be released into the crypto market, as Mt Gox is expected to distribute funds to creditors. "The Hash" panel discusses the potential outcomes.