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Celsius Had 'Their Heads in the Sand': Fmr CFTC Chair
Former CFTC Chairman and Harvard University Research Fellow Timothy Massad weighs in on the future of crypto regulation as Celsius announces it is freezing all account withdrawals.
Bitcoin Drops Toward $20K Ahead of Fed Decision
Digital Asset Research CEO Doug Schwenk discusses the state of the crypto markets as investors await a key rate decision from the Federal Reserve.
Rapper French Montana on NFT Slump: Only the Strong Survive
Three-time grammy-nominated recording artist and entrepreneur French Montana discusses his new “French Family” NFT project. Montana also shares his take on the current state of the NFT market amid a crypto downturn and his advice for upcoming artists new to the space.
Tron Bolsters Reserve Again; Fed Decision Market Wobbles
$500 million in USDC added to Tron DAO USDD reserve. Coinbase cuts nearly a fifth of its workforce. Michael Saylor, Microstrategy stick to their guns on Bitcoin. Crypto market braces for U.S. Federal Reserve rate decision. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Celsius’s CEL Token Jumps 8-Fold in Intraday Spike
Aztec Network’s Jonathan Wu weighs in on crypto lending service Celsius pausing withdrawals for its users and why the platform’s CEL token jumped to an intraday high.
Crypto Market Dips Below $1T as S&P 500 Enters Bear Market
Fellowship Financial Group founder & President Michael Eastham weighs in on the recent downturn in the crypto market as the S&P 500 enters a bear market for the first time since March 2020.
Bond Traders Raise Bets for Fed Rate Hike, Adding BTC Pressure
The CME FedWatch Tool shows traders see a 94% chance of a 75 basis-point hike to be announced Wednesday. “All About Bitcoin” host Christine Lee presents the “Chart of the Day.”
Gensler Warns About Crypto Lenders’ High-Yield Products as BTC Plunges
U.S. Securities and Exchange Commission Chair Gary Gensler reiterated his warning to investors about cryptocurrency protocols offering high-yield returns as crypto lending application Celsius Network froze withdrawals and bitcoin’s price plummeted. “The Hash” group discusses regulatory enforcement in the digital asset space and draws comparisons to BlockFi’s services.
El Salvador Loses Half of BTC Investment as Market Plummets, Official Defends Country’s Bitcoin Strategy
El Salvador’s Finance Minister Alejandro Zelaya stated that bitcoin’s recent price plummet will only have an “extremely minimal” impact on the country’s economy. “The Hash” group discusses El Salvador’s financial relationships with institutions like the International Monetary Fund (IMF) and criticism the Latin American country may face for its pro-bitcoin policy.
Coinbase Lays Off Roughly 1,100 Employees as Crypto Market Tumbles
Publicly traded crypto exchange Coinbase is letting go of roughly 1,100 employees to cut costs, according to a recent company filing Tuesday. This comes after BlockFi and Crypto.com also announced layoffs. "The Hash” group discusses the consequences, the dilemma that many of the big names in crypto are facing after over-expanding during the bull run.