cdtv

Ether (ETH) broke the key $2,000 level after Ethereum completed the Shanghai upgrade, allowing the network to process staking withdrawals. The most recent market updates and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."

Apr 13, 2023

Five months after the implosion of FTX, the crypto exchange’s new legal team said that “the situation has been stabilized and the dumpster fire is out.” CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De breaks down the bankruptcy hearing on Wednesday and discusses the possibility for FTX to reopen in the future.

Apr 13, 2023

Ether (ETH) surpassed $2,000 on Thursday, reaching the highest point since August after a successful network upgrade called Shanghai, or Shapella. Besu Protocol Engineer Justin Florentine discusses the upgrade after Vitalik Buterin said, "we're in a stage where the hardest and fastest parts of the Ethereum protocol's transition are basically over.” 

Apr 13, 2023

A continued rise in China's credit impulse could contribute to the global financial cycle and support global risk sentiment, expanding global asset prices and global credit, according to a paper published by the Federal Reserve in November. CoinDesk Senior Research Analyst George Kaloudis explains why this matters for bitcoin (BTC) in "The Chart of The Day."

Apr 12, 2023

The Texas Senate passed a bill that will cap how much bitcoin (BTC) miners can participate in demand response programs, under which they get paid to curtail their operations at times of high energy demand. Bill SB 1751 is now heading to the House and if approved, it will have to be signed into law by Texas Governor Greg Abbott. GRIID Chief Strategy Officer Harry Sudock discusses how the bill could impact miners in the state and his reaction to The New York Times article on bitcoin mining.

Apr 12, 2023

Innovating Capital General Partner and Pastel co-founder Anthony Georgiades joins "All About Bitcoin" to discuss whether bitcoin (BTC) is a risk-on or risk-off asset. Plus, his insights on legendary investor Warren Buffet referring to bitcoin as a "gambling token" and market reaction after FTX attorneys say the crypto exchange could possibly reopen.

Apr 12, 2023

FTX, the cryptocurrency exchange that collapsed spectacularly in November, is considering reopening at some point in the future as it navigates bankruptcy, its attorneys from Sullivan & Cromwell said in a court hearing on Wednesday. Separately, TBD, the bitcoin-focused subsidiary of Jack Dorsey’s Block (SQ), is teaming up with crypto exchange Yellow Card to enable cross-border payments in 16 countries across Africa.

Apr 12, 2023

Sen. Elizabeth Warren (D-Mass.) and Rep. Alexandria Ocasio-Cortez (D-N.Y.) want to know why crypto companies, including bankrupt crypto lender BlockFi and stablecoin issuer Circle, banked at now-collapsed Silicon Valley Bank. "The Hash" panel discusses the potential outcomes.

Apr 12, 2023

U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler got further reinforcement for his quest to force crypto firms to conform with existing securities laws when his agency’s Investor Advisory Committee backed him up on almost every aspect of his campaign except one. The committee requested that the SEC provide formal industry guidance. This comes as Andreessen Horowitz (a16z) says the U.S. is losing its edge in crypto. "The Hash" panel discusses the latest in crypto regulation.

Apr 12, 2023

Billionaire investor Warren Buffett described bitcoin (BTC) as a "gambling token" in an interview with CNBC on Wednesday. "The Hash" panel discusses what to make of Buffett's latest jab at the crypto industry.

Apr 12, 2023