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'Bitcoin's Going to 7 Figures', Says Crypto Trader
Crypto Trader Scott Melker discusses his bullish outlook for bitcoin as it climbs 20% over the past week, despite some claiming the U.S. Senate's $1 trillion infrastructure bill could be bearish for the crypto markets. "Well, [the] price hasn't reacted bearishly," Melker said. "Bitcoin's going to seven figures. It's going to be a multi-million dollar figure."

Bitcoin Upside Stalls, Lower Support at $38K-$40K
Bitcoin is roughly flat over the past 24 hours as the rally near $45,000 appears exhausted. Short-term overbought signals could encourage profit-taking, although buyers will likely return around the $38,000 to $40,000 support zone. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

Potential Impact of the Bipartisan Infrastructure Bill on Miners
Tanya Woods, General Counsel at North American mining giant Hut 8, discusses how the U.S. Senate’s $1 trillion bipartisan infrastructure bill could affect Hut 8, which operates exclusively in Canada, and how it could inform the outlook for crypto regulation in the Great White North.

NFTs Over DeFi: OpenSea Just Overtook Uniswap on Ethereum Usage
Are NFTs back? Non-fungible token (NFT) marketplace OpenSea topped the leaderboard in gas consumption on the Ethereum blockchain, surpassing Ethereum's largest decentralized finance (DeFi) exchange Uniswap. Since last year, Uniswap has typically commanded the top spot. "The Hash" team discusses the industry implications for the rare flippening event and what it means for ether.

AMC Will Soon Accept Bitcoin for Tickets and Concessions
AMC Entertainment Holdings, America's largest movie theater chain, will begin accepting bitcoin payments for tickets and concessions by the end of the year, CEO Adam Aron said on Monday's Q2 earnings call. "The Hash" squad discusses the practicality of AMC embracing crypto and whether it is just a play to appease its online fan community by way of Reddit's Wall Street Bets movement.

Crypto Coin Listings Exploded in 2021
In the first half of 2021, CoinMarketCap added 2,655 new crypto assets to its database to a total of 10,810 listed coins. The data aggregator and two others cited the surge to be driven by a combination of bullish price action, the influx of traditional financial institutions, influencers and celebrities to the space, a non-fungible token (NFT) boom, and the rise of meme coins. "The Hash" team digs into the data and what it reveals about the outlook for the crypto industry.

Largest Hack in Crypto History? $600M in Crypto Potentially Stolen From DeFi Platform Poly Network
Cross-chain decentralized finance (DeFi) platform Poly Network was attacked on Tuesday, with the alleged hacker draining roughly $600 million in crypto. This figure would place the Poly Network hack among the largest in crypto history. “The Hash” hosts discuss the implications for DeFi regulation amid U.S. lawmakers reining in on the digital asset sector.

US Senate Passes $1T Bipartisan Infrastructure Bill
After months of negotiations, the U.S. Senate voted Tuesday to approve the $1 trillion bipartisan infrastructure bill without any crypto amendment. The legislative body will now send the original provision to the House of Representatives, where a resolution is to be motioned once members return from their recess in the fall.

Opimas CEO: ‘Huge Silver Lining for Crypto in Infrastructure Bill’
Octavio Marenzi, CEO of capital markets consultancy Opimas, discusses why the U.S. Senate’s $1 trillion infrastructure bill could have driven crypto markets higher. ”Within the infrastructure bill actually, there is a huge, huge silver lining for crypto, [and] I think that’s why we’re seeing bitcoin shoot up,” Marenzi said.

What the Infrastructure Bill Could Mean for Crypto Firms
Jeff Horowitz, Chief Compliance Officer of crypto custodian BitGo, digs into the U.S. Senate's $1 trillion infrastructure bill and what it could mean for his business. "I don't see it as a day one issue for us, but as we've seen this week, really broad and narrowly defined definitions could mean a lot," Horowitz said. "To put a bill out there and figure out later is not the best way to go about sensible regulation." Plus, his insights into why the U.S. government has given a contract to Anchorage Digital over BitGo and broader crypto adoption for the institutional markets.
