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Could Jackson, Tennessee Be the Next Crypto Hot Spot?
Jackson, Tennessee, has become the latest city to embrace crypto. Jackson's mayor Scott Conger has laser eyes for bitcoin, and he wants his city to become a hub for crypto. "The Hash" panel discusses the possibility of crypto companies moving to Tennessee and the political challenges for elected officials who are pro-crypto.
South Korean Cryptocurrency Industry Claps Back; Bitcoin’s Nosedive
Cryptocurrency investors in South Korea are striking back at authorities’ anti-crypto rhetoric. A series of national petitions, including one to unseat financial watchdog chief Eun Sung-soo, gained traction after he disregarded cryptocurrencies as “real currency," The crypto market swims in seas of red as 13% of its total market cap is shaved off in the past 24 hours. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Coinbase Will List Controversial USDT
Coinbase will list Tether on its professional trading platform. The decision is a controversial one: Tether has been involved in a series of legal disputes, including with the New York Attorney General's Office, over its claims to be backed by the US dollar. Nik De breaks down the situation.
BlockFi CEO Zac Prince is Buying the Dip
Both bitcoin and ether plunged overnight following news regarding President Biden's proposal to increase the capital gains tax. Zac Prince, CEO of BlockFi, joined "First Mover" to discuss crypto lending and commented on the latest crypto sell-off. "I actually woke up and bought some bitcoin this morning," Prince said.
Will Institutional Investors Buy the Dip?
Bitcoin sell-offs have led to a drop in price, but is this a brief pullback or the start of a larger price correction? According to Kyle Samani of Multicoin Capital, investors shouldn't be too worried. "The amount of institutional interest continues to increase in crypto," Samani said. "I expect every dip to be bought quite aggressively." Plus, his thoughts on leverage in the crypto markets and alternatives to the Ethereum blockchain for DeFi developers.
How Will Biden's Proposed Tax Hike Impact the Crypto Markets?
The crypto markets dived overnight after news spread that President Biden plans to increase taxes on capital gains, but is selling crypto now a wise choice? Gil Hildebrand of crypto accounting firm Gilded discusses the impact of the proposed tax hike on crypto investors. Plus, why some companies pay employees in crypto.
NFL Quarterback Matt Barkley’s Crypto Journey
Matt Barkley discusses his crypto journey from the early beginnings to his failed attempts to negotiate a bitcoin-based contract with his previous teams, the San Francisco 49ers and Cincinnati Bengals, and where he is now.
Matt Barkley’s Advice for Professional Athletes Entering the Crypto Market
Former Buffalo Bills quarterback Matt Barkley shares the dos and don’ts of investing in cryptocurrencies for NFL players and NCAA student-athletes.
Does Bitcoin Have an Energy Problem?
Many bitcoin mining operations are using renewable energy to power their computers, especially hydroelectric power. CoinDesk’s Managing Director of Research Noelle Acheson joins “All About Bitcoin” to break down the environmental impact of mining and how it can be improved by making renewable energy more cost effective.
The European Crypto Markets Are Maturing
Sergey Zhdanov, CEO of UK-based crypto exchange EXMO, provides an update on the state of Europe’s crypto markets. According to Zhdanov, institutional investment is rising, and increasing clarity on regulatory matters is boosting confidence. Plus, his thoughts on preventing another hack at EXMO.