cdtv
Stacks Surges After NFT Push, Samsung Next Invests in Sky Mavis
Stacks surges following push into bitcoin non-fungible token (NFT) market. Samsung Next invests US$152 million in Sky Mavis despite Korean NFT gaming ban. China crypto mining clampdown continues to bite. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Blockstream CIO on Tether, Stablecoins, Liquid Network
Reacting to a report claiming Tether loaned out billions of dollars to Celsius and other crypto firms using bitcoin as collateral, Samson Mow, chief investment officer at bitcoin infrastructure firm Blockstream, discusses the increasing regulatory scrutiny over stablecoins, adding it’s “recycled FUD about Tether.”
Bitcoin Reclaims $1T Market Valuation
Nick Mancini, senior research analyst at Trade the Chain, discusses what he thinks are the catalysts behind bitcoin’s price rally, which has pushed its market capitalization back above $1 trillion, a level not seen since May.
Who Is the Whale(s) Buying Up $1.6B Bitcoin in 5 Minutes?
Bitcoin, the world's largest cryptocurrency, surged past $54,000 to the highest in almost five months as bullishness returns to the market following the prior months' slump. CryptoQuant reports there was one purchase of $1.6 billion worth of BTC via market orders in just five minutes. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Bitcoin Price Surges to 5-Month High, What’s Driving Bitcoin’s Rally?
Bitcoin’s price has skyrocketed to a 5-month high of over $54,000 as bullish sentiment returns, with the cryptocurrency already up 25% this month. CoinDesk’s Galen Moore discusses insights into the possible factors driving what he calls the “spot-market driven rally” and its potential connection to tether, China, crypto regulation, and ETFs.
a16z Recommends US Regulate Crypto With Decentralization in Mind
Venture capital firm Andreessen Horowitz (a16z) has suggested four areas where the U.S. government can govern crypto and blockchain technology.
SEC Chair Gary Gensler: A Ban on Crypto Would Be ‘Up to Congress’
Responding to whether the SEC had any plans to follow China’s lead in banning cryptocurrency in favor of a prospective central bank digital currency (CBDC), SEC Chair Gary Gensler said Tuesday, “No, that would be up to Congress,” suggesting the agency has no plans to ban crypto.
Bitcoin Futures Market Suggests Huobi a Loser in China Crackdown
Bitcoin’s move to $50,000 has revived bullish sentiment, lifting futures premiums on most major cryptocurrency exchanges, which are often seen as a gauge of speculative interest. Though on the Huobi exchange, historically skewed toward Chinese customers, the premium hasn’t budged, potentially due to its decision to suspend services to China-based clients.
George Soros' Family Office Owns Bitcoin
Billionaire investor George Soros' family office, Soros Fund Management, has invested in bitcoin but clarified "the coins themselves are less interesting than the use cases of DeFi." "The Hash" group discusses the implications for the Soros brand getting into crypto and whether this could be bullish for the blockchain industry at large.
Impact Theory CEO on Launching ‘Founder’s Key’ NFT Collection
Tom Bilyeu, co-founder and CEO of Impact Theory, a mission-based content studio, discusses launching its first-ever NFT collection dubbed “Founders Key,” explaining why he decided to dabble into the booming NFT market. “It unlocks the future of everything that we’re doing as a company,” Bilyeu said.