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Is Congressman Brad Sherman Embracing Memecoins?
Barely a day after anti-crypto Congressman Brad Sherman (D-Calif.) made ironic remarks about Mongoose Coin, a cryptocurrency that did not exist. It became a reality with a market cap of $25 million. Now, Sherman has thanked the Mongoose Community for donating to the Western Kentucky Relief Fund.
ConsenSys Collaborates With Mastercard on New Ethereum Scaling System
Ethereum software firm ConsenSys has launched “ConsenSys Rollups” with the help of Mastercard’s engineering team, enabling expansion on both the Ethereum mainnet and for private use. “The Hash” team discusses the latest move bringing Ethereum to the forefront with large banking corporations and what it means for Mastercard to experiment with scaling solutions.
Melania Trump Pitches NFT Plans; ‘Cobalt Blue Eyes’ Captivate Crypto Twitter
While former President Donald Trump famously said he’s “not a fan” of bitcoin, his wife is not shying away from crypto collectibles. Former First Lady Melania Trump tweeted Thursday she's launching her own NFT collection on the Solana blockchain, featuring watercolor-style artwork of her cobalt blue eyes. "The Hash" hosts discuss the latest NFT drop captivating Crypto Twitter.
Robinhood Adds Crypto Gifting Feature
Popular zero-commission trading app Robinhood is adding a feature so users can gift crypto to friends and family. Customers can send as little as $1 of one of seven cryptocurrencies. "The Hash" group discusses the latest move from Robinhood, helping people take their first step in crypto.
US Senators Urge Treasury Secretary Janet Yellen to Clarify Infrastructure Bill Language Before 2022
In August, U.S. President Joe Biden signed into law the historic $1 trillion infrastructure bill, raising concerns about its controversial definition of “broker.” Now, a group of bipartisan senators are pushing Treasury Secretary Janet Yellen to provide clarification on the language no later than the end of the year.
AccuWeather Taps Chainlink to Explore Crop Insurance
Blockchain oracle services firm Chainlink has added U.S. meteorology forecasting provider AccuWeather to bolster further its suite of real-world data feeds. AccuWeather’s Paul Lentz shares insights into how blockchain can be used for weather-related data points like crop futures and the pollen index.
Could India Ban Private Cryptocurrencies?
India’s biggest crypto exchange WazirX registered an annual trading volume of over $43 billion, marking a 1,735% growth over 2020, despite lingering regulatory uncertainty and market volatility in the country.
Delay Likely for India’s Crypto Bill, Crypto’s Landmark Year
Delay likely for India crypto bill. Nexon America to accept crypto for in-game purchases. Crypto caps a landmark year. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Bitcoin’s Decline Suggests Fed’s Hawkish Policy Shift Is Priced In
Bitcoin appears to have digested the U.S. Federal Reserve's impending hawkish, or anti-inflation, policy adjustment with a significant decline in recent weeks. Analysts said the cryptocurrency could see a relief rally after the Fed decision, due later Wednesday. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Fed Sees 3 Rate Hikes Next Year, Will Accelerate Bond-Buying Taper
The Federal Reserve said Wednesday it would see three interest rate hikes in 2022 and accelerate the pace of its tapering of bond purchases to combat inflation. CoinDesk’s Director of Professional Content, Galen Moore, discusses the potential impact of the Fed announcement as possible headwinds for bitcoin and the wider crypto markets.