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Bitcoin Slips Below $19K in Choppy Trading Week
Bitcoin reversing gains made on Thursday where a 5% surge recorded BTC's best single-day return in two weeks, staying within the $18,000 to $20,000 range this week. Traditional markets also reeling back while the dollar surged to a new record valuation in foreign exchange markets. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Marathon Digital Downgraded on Headwinds From Compute North’s Bankruptcy
Global financial services firm BTIG's Gregory Lewis has downgraded bitcoin miner Marathon Digital's stock from "buy" to "neutral" following headwinds from Compute North's bankruptcy filing. "The Hash" hosts discuss what this means for Marathon Digital and the state of bitcoin mining.
Celsius Network Appears to Be Considering Turning its Debt Into Crypto ‘IOU’ Tokens
Bankrupt crypto lender Celsius Network appears to be considering a plan to turn its debt into crypto “IOU” (“I Owe You”) tokens. “The Hash” panel discusses what this means for the fate of Celsius and the state of crypto lending.
Ethereum Merge Vastly Increased Stakefish’s Profile, but 25% of its Employees Are Gone Anyway
On the day that the Ethereum Merge dramatically elevated the importance of validators in the blockchain’s ecosystem, one of the biggest ones, Stakefish, had layoffs take effect. "The Hash" panel discusses the implications for validator centralization and the outlook for companies after the Merge.
CoinFlip CTO on Why Tampa Is Florida’s Next Crypto Hub
CoinFlip Chief Technical Officer Rory Herriman and Florida Blockchain Task Force member Jason Holloway join “Community Crypto” to discuss why Tampa is following Miami as Florida’s next destination for Web3 businesses, citing tax incentives and Ark Investments CEO Cathie Wood establishing a presence in Tampa Bay.
Crypto Goes Local: How Great Barrington Is Using ‘Digital BerkShares’
Humanity Cash CEO Fennie Wang and Berkshire Food Co-op President Phyllis Webb join “Community Crypto” to explain how “BerkShares,” a local dollar-pegged cryptocurrency for the Berkshire region, aims to keep money circulating in their community and provides economic opportunities to small businesses and banks.
CFTC Fines Blockchain Protocol bZeroX $250K, Files Civil Action Against Successor DAO
The Commodity Futures Trading Commission (CFTC) has penalized blockchain software protocol bZeroX and its founders $250,000 for offering illegal, off-exchange trading of digital assets. The CFTC has simultaneously filed a civil enforcement action charging Ooki DAO, the successor to bZeroX. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De breaks down the charges against bZeroX.
‘Last Bipartisan Issue’ in Washington Is Crypto: Coinbase Exec
Crypto exchange Coinbase launched an app to track U.S. politicians’ crypto friendliness and help top candidates solicit donations from the crypto community. Coinbase Chief Policy Officer Faryar Shirzad discusses the state of U.S. crypto policy and the need for regulatory clarity.
OpenSea Exec Feeling ‘Bullish’ Despite Crypto Winter
Anne Fauvre-Willis, VP of special projects at OpenSea, discusses how NFT marketplaces are surviving during a crypto winter. "We feel really bullish about where we are," she said.
OpenSea to Support Ethereum Roll-Up Arbitrum
NFT marketplace OpenSea announced Tuesday that it’s planning to support Arbitrum in an effort to give customers "access to the NFTs they want on the chains they prefer." Anne Fauvre-Willis, VP of special projects at OpenSea, discusses the offering and the marketplace's plan to incorporate more NFT collections minting on other platforms.