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Bitcoin Price Plummets to Lowest Levels Since February Following Elon Musk’s Tweets
Bitcoin slipped to about $42,200 Monday, a 3.5-month low, with recovery momentum remaining limited. “All About Bitcoin” host Christine Lee breaks down the data in today’s Chart of the Day.
The Musk Factor? Twitter Storms Centering Around Tesla’s Bitcoin Holdings Sent Ripple Effects Through The Crypto Community
There was drama in the crypto world over the weekend as Elon Musk hinted Tesla could dump its bitcoin holdings. Though the self-described “Technoking” has since clarified Tesla has not sold any of its bitcoin, the markets are down. “The Hash” panel weighs in on the market reaction.
DeFi Dashboard Zapper Raises $15M to Create On-Platform App Store
In a star-studded funding round that included Mark Cuban and Ashton Kutcher, the DeFi service aggregator Zapper raised $15 million to develop an on-platform app store. “The Hash” panel breaks down how Zapper can make DeFi more user-friendly and attract new investors to the DeFi space.
Chia's Rising Popularity Fuel Price Hikes of Hard Drives in Asia
Chia, a cryptocurrency that is "farmed" based on proof of storage, is booming in Asia and fueling the cost of hard drives as the supply dwindles. Could chia be better for the planet? "The Hash" panel discusses chia's impact on crypto mining and energy conservation.
Vitalik Buterin Burns $6B in SHIB Tokens to Relinquish Unwanted 'Power'
Ether creator Vitalik Buterin burned $6 billion in SHIB tokens he was gifted, claiming he did not want the power that came with owning half the available supply of SHIB. "The Hash" panel discusses Buterin's move and the scrutiny that many in the crypto community place Buterin under.
New Lawsuit Dunks on Dapper Labs’ NBA Top Shot NFTs
The NBA NFTs under scrutiny. A woman is suing Dapper Labs on allegations that the company’s NBA Top Shot “Moments” NFTs are unregistered securities. Is it a money grab or an opportunity to establish rules in the NFT space? “The Hash” panel debates.
Tax Day: What You Need to Know for Your Crypto Investments
Tax Day is here, but do you know how to report your crypto earnings and investments? Amy Kim, chief policy officer at the Chamber of Digital Commerce, joins "First Mover" to discuss some of the most common tax mistakes that crypto investors make and the rules and regulations that might impact your crypto investments.
‘Fear’ Gets the Best of Bitcoin; Youtube Hit ‘Charlie Bit Me’ is Now an NFT; KAWS Launches New Project That Accepts Cryptocurrencies
Bitcoin is tumbling with market sentiment shifting from FOMO to FUD. Singapore-based crypto exchange Bybit spots a rare negative Bitcoin funding rate amidst falling crypto prices, but NFT adoption is holding strong as the 2007 Youtube hit “Charlie Bit Me” gets tokenized on the blockchain.
Elon Musk's Tweets Send Bitcoin Price on Roller Coaster Ride; Opportunity for the Rise of Altcoins?
Bitcoin price plummets after Elon Musk hinted that Tesla may dump its bitcoin holdings. Lindsay Joo of Bitbull Capital weighs in on Musk's motivations and the potential upside opportunity for altcoins.
Bitcoin’s Environmental Challenge: Proof-of-Stake vs. Proof-of-Work
Tesla’s decision to stop accepting bitcoin payments due to environmental concerns has reignited the bitcoin energy debate. Will the proof-of-stake network be better for the planet? John Wu of Ava Labs weighs in on the debate and discusses Avalanche, a proof-of-stake blockchain that Wu sees as a complementary to Ethereum.