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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.
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.
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."
Sam Bankman-Fried's New Online Post: 'I Certainly Didn’t Stash Billions Away'
Disgraced former chief of FTX Sam Bankman-Fried denied stashing away billions of dollars and gave his take on what happened to his bankrupt crypto exchange in a lengthy new post on Substack published Thursday. "The Hash" panel weighs in on Bankman-Fried's further defense of the collapse of his crypto empire.
Top NFT Projects Launched on Instagram Are Selling Out in Seconds
NFT creators and collectors saw opportunities to present their digital assets to Instagram, one of the largest social media platforms in the world, since its parent company Meta Platforms began testing out non-fungible token (NFT) sharing early last year. "The Hash" panel discusses what this means to mainstream adoption of NFTs.
Bitcoin Above $18K Following US December Inflation Report
Bitcoin (BTC) saw a dip in price but remains above $18,000 following the news that annualized inflation slowed to 6.5% in December from 7.1% previously. "The Hash" panel discusses the 0.1% slip in consumer price index (CPI) and the impact of macroeconomics on the crypto industry.
Nexo Probed in Bulgaria for Alleged Money Laundering, Tax Violations
Crypto lender Nexo is being investigated by authorities in Bulgaria on suspicion of money laundering, tax offenses, banking without a license and computer fraud. "The Hash" panel discusses the authorities' evidence that a Nexo user has been officially declared a terrorist financer.
Former FTX CEO Sam Bankman-Fried Launches Substack: 'I Didn’t Steal Funds'
Disgraced former chief of FTX, Sam Bankman-Fried, denied stashing billions and gave his take on what happened to his bankrupt crypto exchange in a lengthy new post on Substack published Thursday. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De joins "First Mover" to discuss.
'Shields Are Up' In Congress Following FTX's Collapse: Rep. Jim Himes
Rep. Jim Himes (D-Conn.) discusses how the collapse of crypto exchange FTX impacted how Congress views the crypto space. "The players in this industry no longer have the benefit of the doubt," Himes said.
Web3 Domains in 2023
Host Joel Flynn dives into Web3 domains and blockchain-based websites. That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."