Celsius Files for Bankruptcy; Crypto Unfazed by US inflation
Celsius files for bankruptcy after paying off hundreds of millions of dollars of loans. Bitcoin bounces back after U.S. CPI hits 41-year high. MATIC skyrockets as Polygon joins Disney accelerator. Bitcoin hashrate slumps to lowest in over five months amid over 100 degree weather in Texas. Questions over Circle’s USDC reserves linger despite reassurances. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
How Mt Gox's Expected Bitcoin Release Could Impact Crypto Market
Roughly $3 billion worth of bitcoin (BTC) may soon be released into the crypto market, as Mt Gox is expected to distribute funds to creditors. "The Hash" panel discusses the potential outcomes.
Bitcoin Drops Below $20K as Inflation Data Looms
Bitcoin (BTC) is dipping below the $20,000 mark as a sell-off in traditional markets saw equity indexes decline. Toroso Investments Chief Investment Officer Michael Venuto discusses his outlook on the crypto markets ahead of CPI data Wednesday and the future of crypto regulation.
Bitcoin in 'Accumulation' Phase, On-Chain Indicators Suggest
Bitcoin's (BTC) Puell Multiple, the daily issuance of bitcoins in U.S. dollar terms by the 365-day average of the value, indicates it's time to start stacking BTC again. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Binance Launches Zero-Fee Bitcoin Trading, Volume Spikes
New data shows skyrocketing bitcoin trading volume on crypto exchange Binance immediately after 0% commission trading went live earlier Friday. CoinDesk Regulatory Reporter Amitoj Singh breaks down the Chart of the Day.
Bitcoin Outlook Amid Macro Headwinds
The Labor Department reported employers added 372,000 jobs in June, while the unemployment rate held steady at 3.6%. Medley Global Advisors Managing Director Ben Emons discusses what this means for bitcoin and why it should calm fears of a recession.