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Blood Bath in Asia Crypto Markets; China Sends Another Crypto Warning
The crypto market nosedives as bitcoin dips below $40K for the first time since Feb. 8, the day when Tesla’s $1.5 billion bitcoin purchase was made public. The market plunge follows the newest warning to crypto trading in China, reminding banks and online platforms cannot provide crypto services. Inner Mongolia banned cryptocurrency mining earlier this year. Now, it’s setting up a reporting platform to catch miners that aren’t following the rules. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
"Bitcoin as Inflation Hedge? Former New York Fed Reserve Director on Inflation, FOMC Minutes and Digital Dollar "
"First Mover" talks to Cornerstone Macro's partner and former New York Federal Reserve Director Benson Durham about the inflation debate, the Fed's monetary policy and bitcoin as an inflation hedge ahead of the release of the latest Fed meeting minutes.
New Acting OCC Chief Michael Hsu Signals Greater Caution on Crypto
Michael Hsu, the new acting OCC chief, is requesting to review all of the federal bank regulator's pending matters, interpretative letters and guidance, including issues around digital assets and cryptocurrencies. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De explains what to expect.
DBS Digital Asset Exchange Performance; Cardano Connects Africa Online
Since its launch, Singapore’s DBS Bank’s Q1 performance unveiled how its digital assets exchange performed for the first time.
Bitcoin’s Inflows to Cryptocurrency Exchanges Surging
Bitcoin’s inflows to cryptocurrency exchanges are surging, according to Glassnode data. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
Lyn Alden Schwartzer on Bitcoin’s Correction and Outlook
Lyn Alden Schwartzer, the founder of Lyn Alden Investment Strategy, discusses bitcoin’s outlook, inflation, and the good news about bitcoin she said that Elon Musk overshadowed.
Banking App Current Picks Polkadot for its DeFi Debut
Fintech firm Current announced that it will become more active in the Polkadot space. Current will serve as a validator on the Polkadot network and plans to integrate Acala, a Polkadot-based decentralized finance (DeFi) platform, into its banking app.
FTC Reports Tenfold Surge In Cryptocurrency Scams Year-Over-Year
Consumers have lost roughly $80 million to cryptocurrency scams since last October, according to a new Consumer Protection Data Spotlight released by the Federal Trade Commission (FTC). “The Hash” panel unpacks what to know about crypto scams and how to avoid them.