Bitcoin Snaps Record Losing Streak, Climbs Above $31K
Bitcoin finally posts a winning week, snapping a record 9-week losing streak. Friday's U.S. CPI report for May could show inflation slowing. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Bitcoin Back Above $31K, Ethereum Merge Around the Corner
Osprey Funds Founder and CEO Greg King shares insights into institutional buying trends as BTC bounces back above $31,000 with most other major cryptocurrencies also trending higher. Plus, his take on Ethereum’s upcoming merge.
StepN Hit by DDOS Attack; S Korea’s Metaverse Studies
Web 3 lifestyle app StepN suffers DDOS attack. Australia’s Gold Coast mayor reckons local taxes could soon be paid in Bitcoin. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Bitcoin Set to Record 10-Week Losing Streak
Bitcoin (BTC) is on track to record 10 consecutive weeks of losses for the first time in its history. Quantfury CEO Ali Pourdad dicusses the potential factors driving prices lower and where we’re headed next. Plus, reactions to the latest U.S. jobs report, Elon Musk seeking 10% job cuts at Tesla.
Tough Time for Miners: NY Passes Moratorium; Riot Blockchain Sells More Bitcoin
Miners are facing new headwinds amid the market downturn. Riot Blockchain (RIOT) is unloading more than half of the bitcoin it mined in May. Separately, the New York State Senate passed a bitcoin mining moratorium, barring new proof-of work (PoW) mining operations powered by carbon-based energy sources for two years.
Kanye West Files NFT Trademark Applications, Showing Change of Heart
Kanye West filed NFT trademark applications with the United States Patent and Trademark Office on May 27, despite his criticism on digital art collectibles earlier this year. "The Hash" panel discusses the artist's change of attitude and what it means for celebrities to enter the NFT world.