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Bitcoin Outflows Aren't the Bullish Signal You Think They Are
As billions of dollars worth of bitcoin flow out of exchanges, the price of bitcoin is shooting up. Still, conventional wisdom suggests when considerable amounts of bitcoin exit exchanges, the hodlers are storing away coins in their cold-storage hoards, presumably forever. So who is hoarding bitcoin? "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Crypto.com Launching $100M Global Advertising Campaign Featuring Matt Damon
Crypto exchange Crypto.com is embarking on a $100 million global advertising campaign. Entitled “Fortune Favors the Brave," the ad stars Matt Damon and is directed by Oscar-winning cinematographer Wally Pfister. "The Hash" squad discusses the firm's latest attempts to capture crypto's bull market momentum and establish the brand in front of a wider mainstream audience.
Managing the Risks of Crypto
Ben McMillan, CIO of quantitative asset manager IDX Digital Assets, discusses how to mitigate the short-term volatility of bitcoin and other cryptocurrencies. Plus, his take on the potential risks to watch for as signals of entering the bearish territory.
Why Miners Are Accumulating Bitcoin for Collateral
Elite Mining CEO Justin Podhola discusses how his firm is accumulating bitcoin as collateralization amid an emerging mining industry trend. In what situation would miners unravel their crypto holdings and begin putting them back on exchanges? Plus, an update on the hashrate and outlook for bitcoin.
SHIB Coin Surging to Record High, $8K Investment Last August Now Worth $5.7B
The shiba inu (SHIB) token continues its astonishing ascent in the crypto markets. An $8,000 investment in SHIB in August 2020 is now valued at about $5.7 billion, representing a seven million percent gain. "The Hash" panel discusses the outlook for the "dogecoin killer" and the potential risks of buying into the meme economy.
Internet Sensation 'Tungsten Cube' NFT Now Available Via Auction on OpenSea
Midwest Tungsten Service, a key manufacturer feeding Crypto Twitter’s tungsten craze, is auctioning off an NFT tied to the largest tungsten cube it has ever made via OpenSea. "The Hash" hosts discuss the latest twist in a weeklong meme saga that turned a sleepy metals manufacturer into Crypto Twitter’s unlikely celebrity, all because of super-dense cubes.
FATF Crypto Guidance Looks to Bring Industry in Line With Banks
The Financial Action Task Force (FATF), a global anti-money laundering (AML) agency, has released its updated guidance for firms that handle crypto and virtual assets. “The Hash” team discusses the key takeaways and implications for the future of DeFi regulation.
SHIB Overtakes Bitcoin as Top Traded Token in Indian Rupee Market This Week
WazirX founder and chief operating officer Siddharth Menon discusses the rise of meme coins in India as the Shiba Inu coin has overtaken bitcoin as the top traded token in the Indian rupee market this week. #Shibainu was the top Twitter trend in the country. Plus, the state of crypto affairs and acceptance within the Indian parliament.
Associated Press Exec on the Significance of Launching ‘Unique Moments’ NFT Collection
The Associated Press (AP) has launched the “Unique Moments” NFT collection on Binance’s marketplace, featuring digitized versions of photos and news wires based on the AP’s reporting on historical moments of the last century.
Biden Announcing Build Better Act Framework, SEC Not Approving Purely Leveraged Bitcoin ETF
CoinDesk’s Nikhilesh De discusses the latest regulatory news out of Capitol Hill and its implications for the crypto community. Biden is announcing a new framework for his Build Back Better Act, and the U.S. Securities and Exchange Commission (SEC) will not approve the listing of purely leveraged bitcoin ETFs.