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E-CNY Problems to Be Solved, China Sees Warning Over NFT Hype
People’s Bank of China outlines e-CNY problems to be solved. China opinion piece voices warning over NFT hype. Solana competitors on the rise. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Why is Bitcoin Pulling Back?
Osprey Funds founder and CEO Greg King analyzes the crypto markets and his outlook as bitcoin continues to fade after last week’s sell-off from the $52,000 resistance level, and the upside appears to be limited given signs of slowing momentum.
What to Expect From Tuesday’s Senate Banking Committee Hearing
The Senate Banking Committee is holding its oversight hearing of the SEC Tuesday, with Chair Gary Gensler testifying as the sole SEC Commissioner to do so. CoinDesk’s Nikhilesh De discusses the specifications and potential outcomes. Plus, his take on tapering ahead of Tuesday’s updated inflation numbers.
Anthony Scaramucci Maintains $100K BTC Prediction
Anthony "The Mooch" Scaramucci, founder of SkyBridge Capital and the SALT Conference, joins "First Mover" live from the conference to discuss crypto's role in the event and what he hopes to achieve. He also shares insights into launching a new Algorand fund and "Flatter," a platform for NFT art, collectibles, and experiences. Plus, his take on institutional activity in crypto, his bullish outlook for bitcoin, and El Salvador's Bitcoin Law.
Christie's Exec. on Booming NFT Market, NFTs Up 5900% YTD
British auction house Christie's continues to bet on crypto and NFTs, following a record $69 million Beeple NFT sale in March. Noah Davis, head of digital art and online sales at Christie's, discusses insights into the booming NFT market, which is up 5900% year-to-date, the significance of a historic institution like Christie’s embracing digital art, and if this new tide is bringing younger buyers to the auction house.
Week Ahead: What’s Next for El Salvador’s Bitcoin Law With Lightning Network Playing Big Role
CoinDesk’s Tech Managing Editor Christie Harkin and Markets Managing Editor Brad Keoun discusses what’s to come next week in the world of bitcoin as the price of BTC consolidates and El Salvador has officially rolled out its Bitcoin Law with the Lightning Network playing a critical role.
What Caused This Week's Flash Crash?
The Week in Review panel for "All About Bitcoin" discusses the potential catalyst for this week's crypto markets flash crash. Plus, taking a look at this past week's stories making waves in the cryptocurrency space: BTC mining difficulty is recovering, node adoption for Taproot has gone over 50%, and the SEC is cracking down on Coinbase.
El Salvador Already Bought 550 BTC
El Salvador is on a bitcoin buying spree, having purchased 550 BTC as the Central American country’s bitcoin law went into effect Tuesday, officially adopting bitcoin as legal tender. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
UK Post Office to Offer Crypto Purchases to Some Customers Starting Next Week
Beginning next week, the U.K.’s Post Office will offer users the ability to purchase crypto through its identity-verification service, EasyID, using a voucher system from Swarm Markets. Some suggest the integration may expose more people to decentralized finance (DeFi) through Swarm’s yield farming offering.
El Salvador’s Bitcoin Law and Impact on Remittances
El Salvador’s new bitcoin wallets could cost money services providers like Western Union and MoneyGram $400 million a year in commissions for remittances, according to CNBC. “The Hash” panel discusses the potential impact of El Salvador’s bitcoin adoption on its remittance payments and the country’s wider economy.