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Bitcoin and Beyond
A special selection of highlights from Forkast News Bitcoin and Beyond virtual summit in this episode of “The Daily Forkast.”
Is Bitcoin Due for Lower Lows After Jumping to New All-Time High?
Bitcoin's rally is slowing down after jumping to a new all-time high of $68,950. Senior Market Analyst at Oanda Edward Moya discusses what to make of the price pullback. Plus, short-term risks and "panic selling" to watch as he says bitcoin could consolidate between $65K-$75K until year-end while Wall Street traders take profits.
MakerDAO Founder on Biden Administration’s Stablecoin Report
A coalition of U.S. financial authorities under the Biden administration published its long-anticipated report and recommendations on the regulation of stablecoins last week.
Compass Mining CEO on Launching Resale Market for Bitcoin Mining Equipment
Compass Mining, the bitcoin mining service provider, has launched a secondary resale market for retail mining customers to sell their bitcoin mining hardware. CEO Whit Gibbs shares insights into the launch and the impact of increasing hashrate on his business.
Bitcoin Price Action After Retaking All-Time High
Bitcoin is giving up some gains after reaching an all-time high near $68,500 Monday. Pantera Capital noted the last time bitcoin retook its all-time high, it went 3.2x above that. The average increase of the past three instances is 8.8x over a 166-day period. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Why Is Bitcoin, Ether Breaking All-Time Highs?
Both bitcoin and ether hit new all-time highs Monday night, but what's behind the push? Head of Market Insights at Genesis Global Trading, Noelle Acheson, discusses her take on the potential factors driving prices higher and how this all-time high differs from previous ones. Plus, insights into global buying trends and indicators to watch for short-term movement.
Does Everything Need to Be on the Blockchain?
Ever since the word "bitcoin" wormed its way into the mainstream, people have been obsessed with putting things "on the blockchain," but are we getting to the point of crypto overreach? "The Hash" hosts discuss how much of the tech we already use today need a crypto component.
Discord CEO Hints at Ethereum Compatibility
Social network Discord is considering linking to the Ethereum blockchain, CEO and founder Jason Citron hinted in a tweet Tuesday. Some members of the Discord community have already canceled their Nitro subscriptions in protest amid rising concerns about the potential update. “The Hash” team discusses their takes on the story and its backlash.
Apple CEO Tim Cook Reveals He Owns Crypto But Has No Plans to Buy It for the Company
Apple CEO Tim Cook has disclosed he owns cryptocurrency but said the investment was from a “personal point of view” and not indicative of Apple having crypto ambitions. "The Hash" squad reacts, discussing what it could indicate about the future of Apple and mainstream crypto adoption.