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Circle, BlockFi Are Questioned by Lawmakers About Why They Banked at SVB

Sen. Elizabeth Warren (D-Mass.) and Rep. Alexandria Ocasio-Cortez (D-N.Y.) want to know why crypto companies, including bankrupt crypto lender BlockFi and stablecoin issuer Circle, banked at now-collapsed Silicon Valley Bank. Blockchain Association director of government relations Ron Hammond discusses the difference between Coinbase, Binance and Circle's engagements with lawmakers in DC. "The issue that we have in DC is that no matter the approach you take, it seems like you're still going to be at the end of a Wells notice of enforcement action," Hammond said.

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Ethereum Hits New Milestone After Successful Upgrade

Bitcoin (BTC) and ether (ETH) are both on the rise as the Ethereum network's successful Shanghai upgrade lifts the crypto markets. Forkast analyzes the most recent market movements and other news shaping the cryptocurrency world in the latest episode of "Market Movers."

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Ether Rises Nearly 13% This Week Following Shanghai Upgrade

So many Ethereum validators have requested to unstake ether (ETH) from the blockchain following Wednesday’s Shanghai upgrade that the queue to get the cryptocurrency out has backed up to two weeks. The most recent market updates and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."

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CFTC Chair Behnam Says Binance Deliberately Dodged Rules: Bloomberg

Bloomberg reports that Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam accused crypto exchange Binance of intentionally breaking regulatory rules during an event hosted by Princeton University on Thursday. Separately, U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler is expected to testify before Congress next week. Ron Hammond, Director Of Government Relations at Blockchain Association, discusses the latest on crypto regulation.

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How to Navigate Crypto Taxes Before the April 18 Deadline

TurboTax tax expert Lisa Greene-Lewis breaks down what crypto investors should know about their taxes ahead of next week's IRS tax deadline. Greene-Lewis addresses common mistakes, the most-asked questions, and what happens if your funds are frozen on a failed crypto exchange.

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How Regulators Around the World View DeFi

The U.S. Treasury Department and the French central bank recently published reports looking at decentralized finance (DeFi) risks and providing recommendations for mitigating them. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses how world regulators are looking at DeFi and the broader crypto markets.

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Ether Steals the Show After Shanghai Upgrade, Tops $2.1K

Ether continues outperforming bitcoin following the Ethereum network’s Shanghai upgrade, which has proven bullish for much of the cryptocurrency market. Dexterity Capital Managing Partner Michael Safai discusses the recent rally in ETH and BTC. Plus, insights on the recent uptrend in altcoins.

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Bitcoin's New Mood Ring

CoinDesk Indices is launching its Bitcoin Trend Indicator (BTI). The BTI is a daily signal that communicates the direction and strength of bitcoin's price trends through a purpose-built algorithm. CoinDesk Senior Research Analyst George Kaloudis presents "The Chart of The Day."

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Could Bitcoin Exceed $1M by 2030?

ARK Invest Crypto Lead Yassine Elmandjra discusses his outlook on the price performance of bitcoin and whether the largest cryptocurrency by market capitalization could exceed $1 million by 2030.

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ARK Invest Crypto Lead on the Future of Bitcoin

Bitcoin is hovering around $30,000 after rising over 80% this year. ARK Invest Crypto Lead Yassine Elmandjra breaks down the largest cryptocurrency by market capitalization's rally and insights on ARK Invest's Big Ideas 2023 report.

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