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The Future of Web3 in Korea
City of Busan steps up the game on blockchain. That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."
Crypto Outlook as US Tech Giants Report Earnings
Crypto majors are slipping in the past 24 hours following a plunge in U.S. technology stocks as key companies reported lower-than-expected earnings. eToro Crypto Consultant Glen Goodman weighs in on the price actions. Plus, reaction to the latest U.S. inflation data and its impact on bitcoin (BTC).
Elon Musk Closes $44B Twitter Deal, Reportedly Fires Top Executives
Tesla CEO Elon Musk officially completed his $44 billion deal to buy Twitter and reportedly fired the social media giant's top executives. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the details and the outlook for dogecoin after its price tripled in the last seven days.
Here’s Why Crypto Is Booming in Turkey
At least 8 million people in Turkey are engaged in crypto, according to a 2022 research report by Turkish crypto exchange Paribu. CoinDesk Executive Director of Global Content Emily Parker shares insights into Turkey's crypto adoption and regulation.
As Bitcoin Teases 100-Day Average, Traders Say Latest Crypto Bounce Looks More Constructive Than August
Risk assets seem to be breaking out bullishly, with bitcoin is challenging its 100-day simple moving average that aborted the August rally. Meanwhile, public miners have slowed their coin sales since June when they ran down their bitcoin inventory by liquidating 350% of the mined coins. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
CFTC Commissioner Romero on Why Crypto Echoes Risks of 2008 Financial Crisis
Commissioner Christy Goldsmith Romero of the U.S. Commodity Futures Trading Commission (CFTC) shares insights into why crypto and the broader financial landscape today echo the environment that triggered the 2008 financial crisis. Plus, the future of crypto regulation.
US GDP Expands 2.6% in Q3; Core Scientific’s Shares Plummet After Bankruptcy Warning
The U.S. economy rose in the third quarter after two consecutive months of contraction. Shares of the world's largest bitcoin miner, Core Scientific (CORZ), plummeted to as low as 23 cents after the firm warned it could enter into bankruptcy. CFTC Commissioner Christy Goldsmith Romero said crypto echoes the risks of the 2008 financial crisis.
Bitcoin Miner Core Scientific Shares Plunge After Bankruptcy Warning
The world's largest bitcoin miner, Core Scientific (CORZ), warned that it may have to explore bankruptcy if it fails to improve its financial condition. The warning sent its shares down 77% to as low as 23 U.S. cents. "The Hash" team discusses what this means for the bitcoin mining industry and its community.
Kazakhstan to Integrate CBDC on BNB Chain, Binance CEO Says
The National Bank of Kazakhstan will integrate its central bank digital currency (CBDC) on Binance's blockchain network BNB Chain, Binance CEO Changpeng Zhao said on Thursday. "The Hash" hosts discuss why this could be a historic moment for the BNB ecosystem and digital money at large.
Blur Becomes Second-Largest NFT Marketplace Based on 24-Hour Trading Volume
New NFT (non-fungible token) marketplace Blur conducted 1,160 ETH of single-day trading on its platform, according to Dune Analytics, placing it just behind OpenSea on 24-hour trading volume. "The Hash" panel discusses the latest in the world of NFT marketplaces as competition heats up.