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World’s First NFT House Sells for $500K
The world’s first NFT house, designed to be uploaded to the metaverse, has sold for $500K. “The Hash” panel weighs in on NFT mania that shows no signs of stopping and where NFTs fit into the virtual reality space.
Startup Staked Introduces ETH 2.0 Trust
Staked has launched an ETH 2.0 trust. The blockchain startup promises accredited investors with at least 32 ETH will be able to get 8% yearly returns. “The Hash” panel breaks down Staked’s staking-as-a-service model and where this fits into the institutional DeFi space.
Investing Giant Ray Dalio Says ‘Good Probability’ Bitcoin Will Eventually Be ‘Outlawed’
Ray Dalio, billionaire investor and founder of Bridgewater Associates, said in a recent interview with Yahoo! Finance that there is a “good probability” governments will eventually outlaw bitcoin, citing the gold bans in the 1930s as precedent. Is bitcoin too big to ban?
Germany’s Central Bank Is Testing Blockchain-Based Alternatives to CBDCs
Germany’s Central Bank is less enthusiastic about a digital euro than its other European counterparts, citing concerns that central bank digital currencies (CBDCs) could destabilize the banking system and penalize savers. “The Hash” panel discusses the pros and cons of CBDCs.
Celebrities and Influencers Lead Rewards App Lolli’s $5M Investing Round
Lolli is an application that rewards shoppers with bitcoin. Some of its biggest fans and early investors include Serena Williams, Alex Ohanian and Casey Neistat. CEO Alex Adelman explains how the cash back program works and why it’s attracting celebrity investors.
What Coinbase Job Postings in India Say About the Proposed Indian Crypto Ban
Coinbase is hiring for several positions in India despite the country’s proposed crypto ban. Does this mean some companies feel they’ll still be able to continue operations and expand in India? Nik De joins “First Mover” to weigh in.
Reasons for a Sudden Drop in Bitcoin’s Price; What’s Next
Bitcoin’s price fell about 10% with $6B in options set to expire tomorrow. Edward Woodford of Zero Hash analyzes the crypto markets, what might have been behind the BTC drop and how low it might go. Plus, a discussion of the future of IRS regulations on the crypto industry.
Your Crypto Tax Questions, Answered
Tax season is here, but taxes are a source of confusion and stress for many crypto investors. Mark Steber, Chief Tax Information Officer at Jackson Hewitt, joins “First Mover” to answer frequently asked questions about crypto taxes. Plus, the biggest mistake crypto investors make when it comes to reporting gains.
Bitcoin vs. Penny Stocks: How Do They Compare?
Many crypto investors seek to capitalize on bitcoin’s volatility, but how does BTC compare to another volatile asset: penny stocks? CoinDesk’s Galen Moore with data comparing their price performance and volatility. Plus, the results of a Deutsche Bank survey showing respondents with a mostly bearish bitcoin outlook.
Abra Jumps Into the Crypto Borrowing and Lending Business, Questions Inflation Reports
Crypto trading platform Abra has launched Abra Borrow, a new lending program which allows users to take out loans by using their crypto holdings as collateral. Abra's Bill Barhydt explains how the program works. Plus, his take on how institutions should approach crypto investing, and why he doesn't trust official inflation figures.
