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Hodlonaut: ‘Extremely Thankful’ for BTC Donations Ahead of Craig Wright Case
Hodlonaut, who is set to appear in a Norwegian court next month, has already raised 52.679 BTC and $30,000 in donations ahead of a defamation court hearing involving nChain Chief Scientist Craig Wright. Hodlonaut joins “All About Bitcoin” to discuss.
Hodlonaut: 'Very Confident' Ahead of Case Against Craig Wright
Hodlonaut, a prominent member of the Bitcoin community, will appear in a Norwegian court on Sept. 12 for a defamation case that began in March 2019 involving nChain Chief Scientist Craig Wright. Hodlonaut discusses what to expect, saying he's "very confident" about appearing in court and happy to start the process.
Bitcoin Forms Possible Bear Flag
Bitcoin seems to have formed a bear flag, a pause that often refreshes lower, marking continuation of the broader decline, according to CoinDesk’s Omkar Godbole. This would imply a continuation of the sell-off from $25,000 and expose lows under $18,000 registered in June.
Bitwise Exec on What to Expect From Fed’s Jackson Hole Meeting
Bitcoin (BTC) settles around $22,000 ahead of the Federal Reserve Economic Symposium, where Chair Jerome Powell will speak this Friday. Bitwise Chief Investment Officer Matt Hougan shares his bitcoin outlook and what to expect from the Fed meeting.
Crypto Lender Celsius Files 2 New Lawsuits in Attempt to Recover Funds
Crypto lender Celsius Network has filed two new lawsuits in an attempt to retrieve lost funds. Ropes & Gray Business Restructuring Associate Daniel Gwen discusses what this means for Celsius and its creditors and customers.
Fed's Friday Jackson Hole Speech Already Priced Into Bitcoin: Clearpool CEO
Clearpool co-founder & CEO Robert Alcorn discusses his crypto markets analysis and outlook, explaining why Federal Reserve Chair Jerome Powell's upcoming Jackson Hole speech this Friday is already "largely priced in right now." Plus, his take on the possibility of the Ethereum "flippening" ahead of the network's Merge event.
Alleged Tornado Cash Developer Must Stay in Jail; Judge Approves Voyager Paying 'Retention' Bonuses
Alexey Pertsev, accused of facilitating money laundering via now-sanctioned Tornado Cash, must stay in jail for at least 90 more days, a Netherlands judge ruled Wednesday. Crypto-focused venture capital firm Electric Capital has named former SEC Chairman Jay Clayton as an adviser, according to Bloomberg. A U.S. federal judge ruled crypto lender Voyager Digital, which is undergoing bankruptcy proceedings, can pay more than 30 employees a collective $1.6 million as a "retention" award.
Current Crypto Winter Tracking 2018’s Bear Market: Arcane Research
Data from Arcane Research shows the current bear market is tracking the 2018 bear market, suggesting a bottom forming near the end of this year and prolonged duration of compressed volatility. Still, Arcane concludes today’s crypto market is far more developed versus past cycles.
‘Not Unusual’ for Voyager to Pay Employees Retention Bonuses, Restructuring Expert Says
A U.S. federal judge ruled in Voyager’s bankruptcy hearing Wednesday the crypto lender can pay more than 30 employees a collective $1.6 million as a “retention” award. Ropes & Gray Business Restructuring Associate Daniel Gwen discusses the key takeaways from the hearing, explaining why this is “customary” and “not that unusual.”
Coinbase CEO Addresses Crypto Winter Concerns; RBI Governor Says Central Bank’s Warnings Pushed People to Avoid Crypto
Coinbase CEO Brian Armstrong admits crypto winter has been tough on the crypto exchange, calling it a “little painful.” The Reserve Bank of India’s governor says he’s glad the central bank sounded the alarm about crypto, suggesting this spared many investors the pain of losses during the market downturn.