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U.S. Debt Ceiling Deal Could Bring Pain to Crypto Market, Some Analysts Say

As the deadlock in negotiations to raise the U.S. government's debt limit keeps markets tentative, some analysts have gone against consensus, warning that a possible deal could weigh on the price of bitcoin (BTC). CoinDesk's Jenn Sanasie presents "The Chart of the Day."

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Web3 Move-to-Earn Game STEPN Integrates Apple Pay for In-Game Purchases

Web3 move-to-earn game STEPN is integrating payments service Apple Pay as a fiat onramp for in-app purchases in a bid to make its app more widely accessible. "The Hash" panel discusses the move and the implications for the state of NFTs and Web3 gaming.

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Meta Faces Record $1.3B Privacy Fine From E.U.

Facebook parent Meta Platforms was fined a record privacy penalty of $1.3 billion by European Union lawmakers for mishandling U.S. user information. "The Hash" panel discusses the fine and the potential use cases of Web3 for data privacy protection.

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Tornado Cash’s TORN Token Rises After Attacker Proposes to Undo Attack

The Tornado Cash token (TORN) rose after a proposal submitted by a wallet address linked to a recent attack on the decentralized autonomous organization’s (DAO) governance state looks to reverse the malicious changes. "The Hash" panel discusses the outlook for the governance of Tornado Cash's DAO in the latest DeFi exploit making waves in the crypto space.

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Litecoin's Next Halving Slated for August

Alan Austin, Litecoin Foundation's Managing Director, discusses his expectations for Litecoin ahead of the next halving expected this summer and why it hasn't necessarily had the buzz like other projects have been getting recently. "Litecoin was built to be better money...sending money is not nearly as exciting," Austin added.

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Gemini Says Genesis Parent Company DCG Missed $630 Million Payment

Gemini said in an update on its website that Digital Currency Group (DCG) missed a $630 million payment owed to Genesis last week. Gemini says it is working with Genesis, DCG, and creditors to provide forbearance to DCG in order to avoid a default. Both Genesis and CoinDesk are owned by DCG. CoinDesk Managing Editor of Global Policy and Regulation Nikhilesh De discusses the latest developments.

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Bitcoin Outlook as Trading Range Narrows to Tightest in Months

FLUID CEO Ahmed Ismail shares his crypto markets analysis as bitcoin (BTC)'s trading range has narrowed to its tightest in months, according to Glassnode data. Plus, Ismail discusses the role of AI and its potential impact on finance and crypto.

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Litecoin Foundation Managing Director on Network Activity Amid Ordinals Frenzy

Litecoin, the 12th largest cryptocurrency by market capitalization, saw some big gains last week, and it could be because people are using Litecoin for Ordinals. Litecoin Foundation Managing Director Alan Austin joins "First Mover" to discuss. Plus, what to expect from Litecoin's scheduled halving event expected in August.

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Polygon Co-Founder on Web3 Fellowship Program

Polygon co-founder Sandeep Nailwal recently launched a Web3 Fellowship program and is pledging his own money toward the $500,000 cohort of 10 builders selected each year. Nailwal joins "First Mover" to discuss the program and what he hopes to achieve amid the current crypto bear market. Plus, insights into what the future holds for the Polygon ecosystem.

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Fed Chair Powell Hints At Pause in Interest Rate Hike

Federal Reserve Chair Jerome Powell spoke at the Thomas Laubach Research Conference on Friday, noting that although the stubbornness of high inflation continues to reverberate through the economy, policy rates "may not need to rise as much."

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