Israel
Bitcoin Flat Near $60K Amid Mideast Tensions; XRP Down 10% on Regulatory Uncertainty
Bitcoin and ether continue in the red at the start of the U.S. morning trade Thursday. This comes amid intensifying geopolitical tensions as Israel vows to retaliate against airstrikes from Iran fired earlier this week. Plus, XRP plunged more than 10% in the past 24 hours as the SEC announced that they would appeal the rulings of the Ripple case. CoinDesk's Christine Lee presents the "Chart of the Day."
Treasury Department Issues Sanctions on Hamas Operatives; SBF's Meetings With Powerful Politicians
"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest crypto headlines today, including testimony during the criminal trial of FTX founder Sam Bankman-Fried that revealed scheduled meetings with various American politicians. A closer look at how the U.S. is working to disrupt Hamas financing after recent attacks on Israel. And, Fidelity files an amendment to its proposed spot bitcoin ETF.
Sanctions Against Hamas Show How U.S. 'Should Go After Any Terrorist Use of Crypto,' Former CIA Analyst Says
The U.S. Treasury Department has imposed sanctions on "10 key Hamas terrorist group members, operatives, and financial facilitators," including a "Gaza-based virtual currency exchange," as conflict escalates in the wake of the militant group's attack on Israel. Former CIA analyst Yaya J. Fanusie discusses the latest developments and why the latest actions are "precise and targeted."
Key Driver Behind Bitcoin's Price Spike; California's Crypto Licensing Bill Signed Into Law
"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest crypto headlines today, including the factors that caused bitcoin to briefly spike to $30,000. When will a crypto licensing bill signed by California Governor Gavin Newsom take effect? Plus, Tether freezes accounts linked to terrorism and warfare in Israel and Ukraine.
Sam Bankman-Fried Trial Concludes Week 2; Israel Launches Aid Fund Amid Conflict
Host Megha Chaddah breaks down the latest developments in Sam Bankman-Fried's case as the trial against the FTX founder continues. Plus, the role of crypto in geopolitical crises as Israel launches aid fund amid ongoing conflict. Those stories and other news shaping the cryptocurrency world are in this episode of "Forkast IQ."
Crypto Traders See Over $100M in Liquidation Losses Amid Middle East Turmoil
CoinGlass data shows crypto traders suffered over $100 million of losses from liquidations following the unprecedented Hamas attack on Israel. First Mover host Lawrence Lewitinn and CoinDesk's chief content officer Michael J. Casey discuss what is happening in the crypto markets.
Crypto Outlook as Market Braces for Spread of Israeli-Hamas War
Ongoing tensions in the Middle East could spill over to the crypto markets and cause a short-term decline in riskier assets such as bitcoin (BTC). This comes as crypto traders suffered over $100 million of losses from liquidations, according to CoinGlass data. First Mover host Lawrence Lewitinn and CoinDesk Chief Content Officer Michael J. Casey discuss their crypto markets outlook.
Israel-Hamas Conflict Underscores Importance of Crypto Donation Models: Endaoment CEO
On-chain charitable funding platform Endaoment is putting together a community fund for humanitarian aid organizations, following the unprecedented Hamas attacks on Israel. Endaoment President and CEO Robert Heeger discusses the future of charitable giving, along with launching stock and cash donations for crypto and non-crypto donors.