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Bullish Signal for Crypto Ahead?
The Dollar Index might be forming a bearish double top on the weekly chart. If the dollar indeed drops, that could allow for a bounce in risk assets like bitcoin (BTC). “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
IRS Serves ‘John Doe’ Summons to sFOX Looking for Possible Tax Evaders
The Internal Revenue Service (IRS) served a “John Doe” summons on crypto prime dealer sFOX earlier this week, sFOX Head of Operations Christopher Behnke said. The move allows the tax agency to hunt for potential tax evaders who are using company services. Behnke added the company is reviewing the document internally and contemplating next steps.
Future of Music NFTs as Artists Like Taylor Swift Speak Out About the Industry
Wachsman Marketing Associate Aziz Alangari discusses his recent op-ed on CoinDesk that explores what could have happened if Taylor Swift’s first re-recorded album, “Fearless (Taylor’s Version),” had been released as a non-fungible token (NFT). Alangari also discusses the impact of celebrity crypto adoption.
Alleged Tornado Cash Developer Has No Ties to Russia Secret Service, Wife Says
The wife of Alexey Pertsev, the web developer arrested in Amsterdam over suspected ties to the Tornado Cash crypto mixing protocol, dismissed speculation that her husband had links to the Russian secret service. CoinDesk Regulatory Reporter Jack Schickler breaks down the latest developments.
Regulation in Focus
What could the future of crypto regulation look like? We take a deep dive in this episode of “The Daily Forkast.”
Bitcoin and Ether Remain in Their Recent Holding Patterns
Bitcoin (BTC) and ether (ETH) remain in their recent holding patterns as $1.27 billion in ETH options expire today. GlobalBlock CEO Rufus Round discusses his outlook for ETH and levels to watch, noting “open interest in ETH options for the end of September expiry has for the first time exceeded that of bitcoin.”
Hodlonaut: ‘Extremely Thankful’ for BTC Donations Ahead of Craig Wright Case
Hodlonaut, who is set to appear in a Norwegian court next month, has already raised 52.679 BTC and $30,000 in donations ahead of a defamation court hearing involving nChain Chief Scientist Craig Wright. Hodlonaut joins “All About Bitcoin” to discuss.
Hodlonaut: 'Very Confident' Ahead of Case Against Craig Wright
Hodlonaut, a prominent member of the Bitcoin community, will appear in a Norwegian court on Sept. 12 for a defamation case that began in March 2019 involving nChain Chief Scientist Craig Wright. Hodlonaut discusses what to expect, saying he's "very confident" about appearing in court and happy to start the process.
Bitcoin Forms Possible Bear Flag
Bitcoin seems to have formed a bear flag, a pause that often refreshes lower, marking continuation of the broader decline, according to CoinDesk’s Omkar Godbole. This would imply a continuation of the sell-off from $25,000 and expose lows under $18,000 registered in June.
Bitwise Exec on What to Expect From Fed’s Jackson Hole Meeting
Bitcoin (BTC) settles around $22,000 ahead of the Federal Reserve Economic Symposium, where Chair Jerome Powell will speak this Friday. Bitwise Chief Investment Officer Matt Hougan shares his bitcoin outlook and what to expect from the Fed meeting.