Gensler Warns About Crypto Lenders’ High-Yield Products as BTC Plunges
U.S. Securities and Exchange Commission Chair Gary Gensler reiterated his warning to investors about cryptocurrency protocols offering high-yield returns as crypto lending application Celsius Network froze withdrawals and bitcoin’s price plummeted. “The Hash” group discusses regulatory enforcement in the digital asset space and draws comparisons to BlockFi’s services.
El Salvador Loses Half of BTC Investment as Market Plummets, Official Defends Country’s Bitcoin Strategy
El Salvador’s Finance Minister Alejandro Zelaya stated that bitcoin’s recent price plummet will only have an “extremely minimal” impact on the country’s economy. “The Hash” group discusses El Salvador’s financial relationships with institutions like the International Monetary Fund (IMF) and criticism the Latin American country may face for its pro-bitcoin policy.
Crypto Market Slumps; USDD Depegging Fears
Tron founder Justin Sun steps in as USDD stablecoin loses its dollar parity. Microstrategy shares plunge as bitcoin freefalls. Binance resumes withdrawals on Bitcoin network after a temporary pause. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Bitcoin Plunges as Celsius Pausing Withdrawals Weighs on Sentiment
Gritt Trakulhoon, Titan investment analyst, discusses the likely catalysts behind bitcoin's plunge below $23,000. Plus, he weighs in on the state of retail investors as Celsius pauses withdrawals for its users.
Mainstream Media Coverage of Crypto Market
John Divine, U.S. News & World Report senior financial markets editor, and Katie Canales, Insider Tech & Crypto reporter, discuss how the mainstream media covers bitcoin and what is resonating with their readers.
Bitso Making 'More Money' Off of Remittances: CEO
Daniel Vogel, Bitso CEO & co-founder, discuses his outlook on the recent crypto market volatility and the fair value for bitcoin.
Compass Mining: Bringing Bitcoin Mining to the Masses
In this segment of “Crypto Gadgets & Gear,” live from Consensus 2022 in Austin, host Jenn Sanasie sits down with Jameson Nunney of Compass Mining who brought mining equipment to the CoinDesk TV set. Compass Mining makes carbon-zero bitcoin mining hardware they say is designed to make mining hassle-free.