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Bitcoin Hits New All-Time High Above $68K As Ether Also Jumps to New Record
Customers Bank President and CEO Sam Sidhu discusses his crypto markets assessment as bitcoin broke $68,000 for the first time, and ether also set an all-time high past $4,800. “Crypto has become too big to ignore,” Sidhu said.
Who Is the Real Satoshi Nakamoto? Craig Wright Takes Stand in Bitcoin Trial
CoinDesk's Cheyenne Ligon shares insights into the high-profile trial between Craig Wright and the estate of his former business partner Dave Kleiman continuing in Miami. Wright claims to be the inventor of bitcoin and the owner of 1.1 million BTC, while Kleiman's estate is requesting its share of the nearly $67 billion fortune.
Crypto Market Cap Breaks US$3 Trillion, APAC Crypto Cards to Launch
Crypto market cap breaks US$3 trillion mark. Mastercard offers crypto payment cards in partnership with APAC crypto platforms. Blockchain commodity platform, TradeGo, was established. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
US House Passes Unamended Infrastructure Bill to President Joe Biden
The U.S. House of Representatives passed a $1.2 trillion bipartisan infrastructure bill with a controversial cryptocurrency tax reporting requirement, which is now awaiting President Joe Biden's signature. Executive Director of crypto trade group Blockchain Association Kristin Smith discusses the possible benefits and consequences of the bill for miners, crypto holders, and their taxes.
Crypto Market Cap Tops $3T, Could Bitcoin's Dominance Rise Back to 70%?
Bitcoin's total market dominance has dropped to nearly 40% as altcoins rally. Could it return to exceeding 70% in the way it did earlier this year? Thomas Chippas, CEO of Chicago-based crypto exchange ErisX, discusses his crypto markets analysis and bullish price predictions for BTC.
Bitcoin Illiquid Supply at All-Time High
Bitcoin's illiquid supply is at an all-time high, with BTC holders hoarding over 14.5 million bitcoins. On-chain data shows bullish signs for bitcoin in the medium term. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
US House Sends Infrastructure Bill With Crypto Tax Provision to President Joe Biden
The U.S. House of Representatives voted to pass a bipartisan infrastructure bill Friday containing a controversial cryptocurrency tax reporting requirement. The bill now goes to U.S. President Joe Biden for his signature. "The Hash" panel discusses the specifics and implications of the latest possible blow to the crypto industry.
Bank of China Reportedly Reveals Machine That Converts Foreign Currency to Digital Yuan
The Bank of China has revealed a machine that converts foreign currencies into digital yuan. The machine is likely to be rolled out for the 2022 Beijing Winter Olympics when the central bank digital currency (CBDC) is set to be introduced globally. It requires a passport but not a bank account.
Elon Musk Facing $15B Tax Bill, Takes to Twitter on Whether He Should Sell 10% of His TSLA Shares
Tesla CEO Elon Musk asked his 62.7 million Twitter followers Saturday whether he should sell 10% of his Tesla (TSLA) holdings. Some suggest this is due to Musk’s impending tax bill of more than $15 billion in the coming months on stock options.
Craig Wright Takes Stand in Bitcoin Trial With 1.1 Million BTC at Stake
Monday marks the fifth day of the civil trial between Craig Wright, a computer scientist best known for claiming to be the pseudonymous creator of Bitcoin, and the estate of Dave Kleiman, Wright's former collaborator and business partner. 1.1 million BTC is at stake, which could be worth over $67 billion. "The Hash" team discusses the latest in bitcoin's trial of the century.