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FM Clip
Bitcoin Holds Above $21K in Weekend Trading
Bitcoin (BTC) is slightly down after a steady weekend of trading around $21,000. 21Shares co-founder and CEO Hany Rashwan discusses his crypto markets outlook and why he expects to see continued correlation with the equities. Plus, the fallout from the Terra ETP fund.
OKX Plans to Add 1.5K Staff Despite Market Downturn
Crypto exchange OKX plans to increase headcount by 30%, growing by 1,500 people to about 5,000 over the next 12 months. OKX Director of Financial Markets Lennix Lai discusses why and how the firm is expanding despite crypto winter.
Dubai Regulator: Three Arrows Capital Isn’t Registered Here
The Dubai Financial Services Authority says embattled crypto fund Three Arrows Capital (3AC) has not set up shop in the emirate, despite co-founder Su Zhu confirming the move in April. "The Hash" squad discusses the latest in 3AC's ongoing saga. "The contagion is real," host Zack Seward said.
Is There a Liquidity Crisis in Crypto?
Bitcoin (BTC) and other major cryptocurrencies trending higher after more than $1 billion worth of digital assets were liquidated last week. FalconX co-founder & CEO Raghu Yarlagadda discusses his reading of the crypto markets and where we’re headed next. Plus, insights into FalconX’s $150 million raise valuing the firm at $8 billion.
NFT Marketplace Magic Eden’s $1.6B Valuation, Partnership With Solana’s Web3 Phone ‘Saga’
Magic Eden, the leading non-fungible token (NFT) marketplace on Solana, has raised $130 million in a Series B funding round at a $1.6 billion valuation. CEO Jack Lu discusses Magic Eden’s growth plans, user base and partnership with Solana Labs to build the first Web3 mobile phone. Plus, addressing concerns over Solana’s network outages.
FOX Entertainment Takes on Web3
Scott Greenberg, CEO of Blockchain Creative Labs, discusses FOX Entertainment's initiative into Web3. How is traditional media adapting to future technology? He tells CoinDesk's Christine Lee, "We believe this will be the future of content, finance, production, and distribution."
FOX Entertainment Takes on Web3
Scott Greenberg, CEO of Blockchain Creative Labs, discusses FOX Entertainment's initiative into Web3. How is traditional media adapting to future technology? He tells CoinDesk's Christine Lee, "We believe this will be the future of content, finance, production, and distribution."
TIME Magazine President Keith Grossman on Diving Into NFTs and Web3
TIME Magazine President Keith Grossman discusses TIMEPieces, the magazine’s NFT community initiative. Grossman dives into the future of Web3 and TIME, telling CoinDesk’s Christine Lee “We are building an incredible community on Discord and Twitter for the Web3 space organically.”
Is Bitcoin’s Bottom Finally In?
Martin Leinweber, digital asset product strategist at MV Index Solutions, discusses the “major bottom signals” he’s monitoring for bitcoin (BTC) including “super bearish” sentiment readings and wider negative sentiment in the “macro backdrop” of the economy. Plus, outlook for stablecoins and investment opportunities to watch.
Ledger CEO on Future of Bitcoin, NFTs, Web3
Ledger Chairman and CEO Pascal Gauthier discusses why the crypto wallet provider is expanding into NFTs and Web3 for enterprises during a bear market and what the future holds for the decentralized world. Plus, lessons learned from the downturns of Terra and Celsius.