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Bitcoin Held by Funds Drops Over $240M Ahead of CPI Release
A ByteTree Chart shows the number of coins held by U.S. and Canadian closed-ended funds, and Canadian and European ETFs have dropped by almost 5,800 BTC, worth $243 million, ahead of the CPI release.
Coinbase’s New Listings, Robinhood Adds SHIB, SOL, And More
Coinbase has announced an extensive list of ERC-20 tokens that will be added to the crypto exchange’s offerings, and Robinhood will now include shiba inu, Solana, MATIC, and Compound tokens.
Bored Ape Yacht Club Goes Hollywood via Movie Trilogy
Coinbase has announced plans to produce an animated series of short films called “The Degen Trilogy” surrounding the Bored Ape Yacht Club (BAYC), which will allow NFT holders to submit their apes for consideration as characters.
Circle Raises $400M as BlackRock Explores USDC
USDC issuer Circle has raised $400 million in a recent funding round which included Wall Street leaders BlackRock and Fidelity. “The Hash” group discusses USDC’s potential as the dominant stablecoin for payment services and possible integrations of blockchain technology into traditional financial services.
Inflation Reaches 40-Year High of 8.5%, Can Crypto Help?
The inflation rate in the U.S. have yet again reached a 40-year high of 8.5% amid geopolitical uncertainty. “The Hash” group discusses whether or not bitcoin can be used as an inflation hedge and its steady price action following the Consumer Price Index (CPI) announcement.
Indian Taxes Hit Trading; Bored Apes Movie Debut
India tax breaks crypto’s back. Crypto follows broader market down as pandemic and inflation concerns persist. Bored Apes get animated in partnership with Coinbase. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Virgil Griffith Faces Sentencing in New York Court Today
CoinDesk Managing Editor for Global Policy and Regulation Nikhilesh De discusses the trial of former Ethereum developer Virgil Griffith; who will face sentencing today in New York for violating international sanctions against North Korea.
US Inflation Surges to New 40-Year High, What That Means for Crypto
GSR Markets’ Benoit Bosc discusses the current state of the crypto markets as the U.S. Consumer Price Index (CPI) rose to 8.5%, hitting a new 40-year high. Meanwhile, bitcoin and other digital assets are trading down.
Waves Founder on Alleged Alameda Research FUD Campaign
Waves Founder and Lead Developer Sasha Ivanov explains why he believes Alameda Research has orchestrated a FUD campaign against Waves to manipulate the price volatility. Plus, a conversation about future development plans for the Waves ecosystem.