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Grayscale Calls SEC’s Disapproval of Spot Bitcoin ETFs ‘Unreasonable’; Crypto Layoffs Continue

In a new court filing, digital asset management company Grayscale blasted the U.S. securities regulator for its "illogical" and "fundamentally unreasonable" argument against approving a spot bitcoin exchange-traded fund (ETF). Grayscale and CoinDesk are both owned by parent company DCG. Plus, the latest developments on layoffs plaguing the crypto industry.

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SEC Cracks Down on Crypto Firms Gemini and Genesis

The U.S. Securities and Exchange Commission (SEC) filed a lawsuit against crypto exchange Gemini and crypto lender Genesis Global Capital for allegedly selling unregistered securities. Ashley Ebersole, 0x Labs General Counsel and former U.S. Securities and Exchange Commission attorney, shares his reaction to the timing of the lawsuit and the agency's approach to crypto regulation. CoinDesk and Genesis are both owned by Digital Currency Group (DCG).

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Bitcoiner Jimmy Song On Crypto Contagion Concerns

"Thank God for Bitcoin" author Jimmy Song weighs in on the ongoing contagion concerns in the crypto space as companies like Coinbase and Blockchain.com announce layoffs.

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Celebrating the 14th Anniversary of Bitcoin’s First Transaction

It’s been 14 years since the first bitcoin transaction was sent. On Jan. 12, 2009, Satoshi Nakamoto, the pseudonymous creator of the Bitcoin system, sent Hal Finney, a well-regarded cryptographer and computer scientist, 10 bitcoin (BTC). Jimmy Song, author of "Thank God for Bitcoin: The Creation, Corruption and Redemption of Money," discusses Bitcoin network's developments throughout the years.

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Bitcoin Flirts With $19K for the First Time Since FTX Fallout

Bitcoin (BTC) is surging near the $19,000 level for the first time since FTX's collapse last year. StockCharts.com Senior Technical Analyst Julius de Kempenaer joins "All About Bitcoin" to discuss whether bitcoin's rally is here to stay and compares the gains in BTC and ETH. Plus, his outlook for the largest cryptocurrency by market capitalization by the end of 2023.

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Genesis Reportedly Owes Creditors Over $3B; Blockchain.com Lays Off 28% of Workforce

Troubled crypto lender Genesis owes its creditors over $3 billion prompting its parent company, Digital Currency Group, to look at asset sales to pay off the debt, according to the Financial Times. DCG is the parent company of CoinDesk. Plus, cryptocurrency brokerage Blockchain.com said it's letting go of 28% of its workforce as crypto's cruel winter continues.

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Bitcoin Has Already Risen 14% In 2023

Bitcoin is now up about 14% this year after falling 63% in 2022. This comes as U.S. inflation data showed consumer price index (CPI) slipped 0.1% in December and rose 6.5 percent over the last 12 months, in line with expectations. "All About Bitcoin" host Christine Lee breaks down "The Chart of The Day."

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Judge Allows FTX Creditor Names to Remain Sealed for Now

Wilk Auslander LLP Partner Eric Snyder joins "All About Bitcoin" to discuss the latest developments of FTX's bankruptcy hearings, with a focus on the crypto exchange recovering assets worth more than $5 billion and a bipartisan letter written by U.S. senators sent a letter to the judge in the FTX bankruptcy case calling for an independent examiner to be appointed. Plus, Snyder shares his thoughts about the judge allowing a list of creditors for FTX to remain sealed for at least another three months.

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Appetite And Interest in Crypto Markets Remain Beyond Bitcoin: Analyst

Arca Head of Research Katie Talati discusses the institutional activity in bitcoin (BTC) as the largest cryptocurrency by market capitalization climbs above $17,500. Plus, she breaks down Arca's digital assets predictions and investment trends to watch in 2023.

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Bitcoin CME Futures Draw Premium for the First Time Since FTX's Downfall

The market panic that ensued after the collapse of Sam Bankman-Fried's FTX exchange in early November seems to be abating. The three-month bitcoin (BTC) futures listed on the Chicago Mercantile Exchange (CME), widely considered a proxy for institutional activity, are drawing a premium over the cryptocurrency's going spot market price for the first time since FTX went bust.

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