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Crypto Advocate Michelle Bond Loses Primary Bid for Congress
Michelle Bond lost her primary bid to be the Republican congressional candidate for her New York district. CoinDesk's Global Policy & Regulation Managing Editor Nikhilesh De discusses what this means for crypto candidates across the country. Plus, what to expect from Voyager's bankruptcy hearing.
BitBoy Crypto Sues Atozy for Defamation
YouTuber Ben Armstrong a.k.a. BitBoy Crypto has filed a defamation lawsuit against fellow YouTuber Erling Mengshoel, Jr., known as Atozy. Armstrong alleged Mengshoel misrepresented comments he made about the cryptocurrency of Pamp Network, PAMP. “First Mover” host Christine Lee presents the Tweet of the Day.
'Reality Kicking in' for Crypto: MarketVector Indexes
Martin Leinweber, Digital Asset Product Strategist at Market Vector Indexes (MV), discusses the potential factors moving bitcoin (BTC)'s price and why "reality is kicking in" after it reacted favorably to the Federal Reserve's July meeting minutes amid looming inflation concerns.
Bullish Narrative on Ethereum Merge ‘Overheated’: Strategist
Martin Leinweber, Digital Asset Product Strategist at Market Vector Indexes (MV), discusses the potential impact of the upcoming Ethereum merge on the NFT markets. “It is clear the bullish merge narrative got overheated,” Leinweber said.
Only 1 in Top 25 NFT Projects Attempt to Give True Ownership, Report Claims
A new Galaxy Digital report explores the concerns over non-fungible token (NFT) intellectual property (IP) rights. Galaxy Digital Head of Research Alex Thorn breaks down the key takeaways, saying “only one project in the top 25 by implied market cap actually attempts to give true ownership for the underlying artwork to its token holders.”
Rep Tom Emmer Asks Treasury Department to Explain Tornado Cash Sanctions
U.S. Congressman Tom Emmer (R-Minn.) asked the Treasury Department’s Office of Foreign Asset Control (OFAC) to explain its sanctioning of crypto mixer Tornado Cash in an open letter tweeted Tuesday. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the details.
Most NFT Projects 'Convey No Actual Ownership': Galaxy Digital Research
A new report from Galaxy Digital highlights the concerns over non-fungible token (NFT) intellectual property (IP) rights. Galaxy Digital Head of Research Alex Thorn discusses the key findings, saying "the vast majority of NFT art projects ... convey no actual ownership for the underlying content."
Bitcoin Trading Sideways Around $21K
Bitcoin (BTC) is hovering around $21,400, roughly where it stood 24 hours ago. Martin Leinweber, Digital Asset Product Strategist at Market Vector Indexes (MV), discusses his crypto markets analysis and outlook, explaining "the problem with bitcoin" losing its narrative ahead of the Ethereum merge. Plus, what to expect from Federal Reserve Chair Jerome Powell's Jackson Hole remarks Friday and the potential impact on the markets.
Huobi Warning Issued; Singapore’s Blockchain Aims
Huobi Global talking to Malaysian regulator after being put on investor alert list. What’s happening with crypto regulation in Asia? Singapore’s developing crypto landscape. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Coinbase CEO Addresses Crypto Winter Concerns; RBI Governor Says Central Bank’s Warnings Pushed People to Avoid Crypto
Coinbase CEO Brian Armstrong admits crypto winter has been tough on the crypto exchange, calling it a “little painful.” The Reserve Bank of India’s governor says he’s glad the central bank sounded the alarm about crypto, suggesting this spared many investors the pain of losses during the market downturn.