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Goldman Sees Little US Economic Impact From Lower Cryptocurrency Prices
Goldman Sachs said in a research report any drag on aggregate U.S. spending from the crypto markets’ recent downturn is likely to be very small, and the stock market decline has had a much larger effect on U.S. household net worth.
NFL Defensive End Alex Barrett on Taking His Salary Fully in BTC
National Football League (NFL) player Alex Barrett of the San Francisco 49ers has partnered with Bitwage to receive 100% of his paycheck in bitcoin. Barrett joins “The Hash” to share insights into his crypto journey and where it fits into the growing crypto enthusiasm in the sports world despite the current market rout.
How Crypto Fits Into the Global Conversation as World Economic Forum Annual Meeting Kicks Off
The annual meeting of the World Economic Forum (WEF) is scheduled to kick off this Sunday. Felix Honigwachs, CEO of Xchange Monster and delegate from Crypto Valley, shares a preview into how digital assets will fit into the global conversation. Plus, responding to criticisms of WEF and the likelihood of Swiss National Bank holding BTC as a reserve.
G7 Calls for Regulation; Bored Ape Transfer Blocked
Commonwealth Bank of Australia pauses launch of crypto trading on its app. Five South Korean LUNA investors file complaints against Terraform Labs’ co-founders. Terra, UST collapse pushes G7’s call for swift crypto regulation. Singapore court’s block on transfer of Bored Ape Yacht Club NFT tests legal oversight.
Huobi Exec on Crypto Markets, NFTs and Mining in China
Huobi Financial Officer Lily Zhang discusses her take on how Terra’s UST and LUNA crashes might affect upside potential in the crypto markets. Plus, insights into China’s “very hot” NFT market, the state of crypto mining in the country, and potential risks of listing Tron’s algorithmic stablecoin USDD on Huobi.
Tron Founder Justin Sun on Stablecoins in Wake of Terra Collapse
Tron founder Justin Sun discusses his take on the Terra ecosystem in the wake of UST’s meltdown, the risks and benefits of algorithmic stablecoins, the impact of Tether’s USDT on the crypto markets and Tron’s stablecoin USDD. Plus, responding to financial crime allegations made by The Verge.
Tron Founder Justin Sun on Stablecoins in Wake of Terra Collapse
Tron founder Justin Sun discusses his take on the Terra ecosystem in the wake of UST's meltdown, the risks and benefits of algorithmic stablecoins, the impact of Tether's USDT on the crypto markets and Tron's stablecoin USDD. Plus, responding to financial crime allegations made by The Verge.
Key Takeaways From Tether’s Attestation Report
Tether reduced its commercial paper holdings by 17% in 2022 Q1, according to its latest attestation report. Its market cap also fell $7.4 billion amid the collapse of the Terra ecosystem. Jeff Howard, Business Development & Institutional Sales at OSL, breaks down the details of Tether’s latest attestation report.
Is Now the Time to Buy the Dip?
Acorns Chief Investment Officer Seth Wunder discusses his outlook on bitcoin's price trajectory as Fed Chair Jerome Powell reiterates half-point interest rate hikes are likely in June and July. Is this a good time to buy or is BTC due for lower lows?
Bitcoin Dominance Soars to 2022 Highs
Bitcoin dominance, a measure of BTC's percentage of total crypto market capitalization, is advancing 1% today and is up ~10% since the collapse of Terra's LUNA and UST. What does this mean for bitcoin's bull case? "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.