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Coinbase Q2 Earnings Miss Estimates
Coinbase reported a net loss of $1.1 billion in the second quarter of the year and missed analysts’ estimates for revenue. Dexterity Capital Managing Partner Michael Safai discusses the outlook for Coinbase amid the SEC inquiry regarding the exchange’s listing of cryptocurrencies that could be considered be securities.
WazirX Issues Warning; Stablecoin Giants Back Merge
WazirX users head for exits amid Binance spat. Circle and Tether announce support for Ethereum Proof-of-Stake. Vitalik Buterin says he used Tornado Cash to donate to Ukraine. Iran pays $10 million import order with cryptocurrency for the first time.
Coinbase Executives Issued ‘False Statements’ Ahead of Public Listing, New Lawsuit Alleges
A Coinbase shareholder is seeking damages from nine company executives and board members on behalf of the exchange for its allegedly misleading public listing.
Investors Bet on Ethereum Fork While BTC, Ether Slide
Bitcoin (BTC) and ether (ETH) were trading lower Tuesday as investors and analysts focused on the upcoming Ethereum merge and awaited the release of U.S. consumer price data on Wednesday. BTC may be decoupling from traditional markets amid optimism stemming from Ethereum's impending merge. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Bitcoin to ‘Keep Grinding’ Until More Fed Clarity: Marathon Digital Holdings CEO
Marathon Digital Holdings CEO Fred Thiel discusses his outlook for bitcoin (BTC) amid the latest market downturn and continued macro headwinds. Bitcoin could “keep grinding in the high teens and low mid-20s” until there’s “clarity on the Fed’s long-term intentions,” Thiel said.
Bitcoin Hovers Around $23K, Implied Volatility on Downtrend
TheoTrade co-founder Don Kaufman discusses the potential factors moving bitcoin's (BTC) price action, sharing insights into the impact of implied volatility "falling quite considerably" and what this means for the wider crypto markets near-term.
Reddit Expands Community Points Offering With FTX Pay Integration
Social media giant Reddit has formed a partnership with FTX Pay to allow users to pay gas fees on transactions using community points and purchase ether (ETH) directly on the app. “The Hash” team discusses the latest move potentially bringing Web3 to the masses.
Former Terra-Linked Project Kujira to Launch Stablecoin
Kujira, the crypto project previously built on the Terra Classic blockchain and moved to layer 1 protocol Cosmos after Terra’s implosion, is close to issuing a stablecoin called USK. "The Hash" hosts weigh in.
Vitalik Buterin Addresses Use Case for Tornado Cash
A day after the U.S. Treasury Department banned crypto mixer Tornado Cash, Ethereum co-founder Vitalik Buterin tweeted that he used the service to make a donation to support Ukraine. "The Hash" panel discusses the latest Tornado Cash developments and growing concerns over privacy.
US Tornado Cash Ban Will Put Great Dent Into North Korean Operations: Expert
The U.S. Treasury department has banned crypto mixer Tornado Cash, claiming it has ties to a hacking organization associated with the North Korean government.