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Bitcoin in Retreat as Fed Tightens Monetary Policy, Miami’s Bitcoin Dividend Explained

Bitcoin is retreating from an all-time high of $68,990.90 on the heels of the Federal Reserve’s inflation report this week. CoinDesk’s Managing Editor of Markets Brad Keoun explains on “All About Bitcoin” what’s behind the pullback. Plus, Miami Mayor Francis Suarez announced bitcoin dividends paid to its residents.

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Have Investors Priced in the Long-Awaited Taproot Upgrade?

The crypto markets awash in a sea of red Friday, with bitcoin and ether nursing moderate losses as fears of earlier Federal Reserve interest rate hikes, overshadow the impending Taproot upgrade. “All About Bitcoin” host Christine Lee breaks it down in Chart of the Day.

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Chinese Crypto Miner The9 to Deploy 10,000 Miners in the US

Chinese crypto miner The9 signed a 32 megawatt (MW) mining capacity deal with Compute North to expand in the U.S. The latest move in the “great migration” of China-based crypto mining companies moving to other regions, particularly North America.

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Record Money Flows Into Blockchain Gaming, Mainstream Adoption or Another Barrier to Entry?

Major crypto players Andreessen Horowitz (a16z), Cosmos, Polygon Studios, and Solana Ventures were among those that have invested an additional $725 million in blockchain gaming platform Forte. Given the Discord gaming community’s disdain for crypto and NFTs, are blockchain games just another barrier to entry to non-gamers, host Jenn Sanasie asks?

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AMC Theater Now Accepts Bitcoin, Ether, Litecoin and Bitcoin Cash; Dogecoin Is Next

AMC Theatres CEO Adam Aron announced the U.S. movie theater chain will now accept bitcoin, ether, bitcoin cash, litecoin, and dogecoin in the future. Is the Shiba Inu token next? "The Hash" hosts hashes out this "awesome news" that's popularizing crypto payments in everyday use but questions its choices of tokens. "You might want to look into some of these coins," host Naomi Brockwell says to AMC.

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Universal Signs NFT Band That Has Nothing to Do With Music

There is a new band on the block, and it has nothing to do with music. Universal Music Group (UGM) announced it had signed Kingship, a collection of four anthropomorphic NFTs. "It's going to be really fun to watch how Hollywood misinterpret what NFTs are about," host Zack Seward said. "The Hash" crew discusses Hollywood's involvement in profile picture (PFP) NFTs and whether there's anything there beyond a sign to be part of a club.

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Toroso Investments CIO Maintains Bitcoin $100K End-of-Year Prediction

Bitcoin is retreating from its all-time high earlier this week. Where do we go from here? "Higher," Chief Investment Officer of Toroso Investments Michael Venuto said. He maintains his prediction bitcoin will reach $100,000 by the end of 2021. He joined "First Mover" to discuss the problem with the inflation narrative, whether bitcoin will become the reserve currency and more.

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Russia to Legalize Crypto Mining, Korean Candidate Goes All Out Crypto

China’s e-CNY makes Double 11 shopping extravaganza debut. Russia looks to legalize crypto mining. Korean presidential candidate Lee Jae-Myung goes all out on crypto. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

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How Does Chia Network Help Costa Rica to Track Climate Change?

Chia Network, the blockchain and smart transaction platform, will supply technical services for the Costa Rican government’s climate change metrics system. Why did the Central American country choose Chia? “They like us because of our greenness,” Bram Cohen, co-founder of Chia Network, said.

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Rapper Money Man Becomes the First Artist to Receive Advances in Bitcoin

Atlanta-based multi-platinum rapper and entrepreneur Money Man has become the first artist to receive advances in bitcoin. Music label Empire paid its first artist advance in BTC to Money Man worth $1 million through Square's Cash App. Money Man, along with Empire CEO and founder Ghazi, share their insights.

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