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Apifiny CEO: $15K a 'Good Level' for Bitcoin Bottom
Bitcoin dipped below $20,000 as inflation hit a new 40-year high. Apifiny founder & CEO Haohan Xu discusses his crypto markets analysis and outlook, saying ""$15,000 is a good level"" on bitcoin's potential bottom.
Mt. Gox Creditors Repayment Looms, Trustee Letter Indicates
Creditors of the now defunct crypto exchange Mt. Gox are expected to be repaid nearly 140,000 BTC, worth roughly $3 billion. CoinDesk's Tech Managing Editor Christie Harkin discusses what this means for the crypto market and the price of bitcoin.
Long-Term Bitcoin Investors HODL as Speculator Selling Drives Prices Lower: Coinbase
Long-term bitcoin investors have preserved their holdings in recent weeks even as speculators flee the market, driving the cryptocurrency below $20,000. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
Charlie Munger: Crypto Is ‘An Investment in Nothing,’ Avoid it Like ‘an Open Sewer’
In an interview with The Australian Financial Review, billionaire investor Charlie Munger calls crypto an “investment in nothing.” “The Hash” panel reacts to the Berkshire Hathaway vice chairman’s latest criticism of digital assets.
What 9.1% Inflation Means for Your Wallet and Crypto
The U.S. Consumer Price Index (CPI) rose 9.1% in June, accelerating from May's 8.6% pace to a fresh 40-year high. "The Hash" panel unpacks the latest inflation report and discusses what this means for everyday consumers, investors and crypto markets.
Mila Kunis-Linked Web3 Studio Exploring Entertainment NFTs; Tony Hawk Skates Into the Metaverse
Toonstar, the Web3 animation studio that co-produces The Gimmicks with Mila Kunis’ company Sixth Wall is hoping to take Web3 mainstream through entertainment non-fungible tokens (NFT). Separately, famed skateboarder Tony Hawk announces plans to create the “largest virtual skatepark ever made” in The Sandbox.
Vitalik Buterin Strikes Back at Proof-of-Stake Critics
Ethereum co-founder Vitalik Buterin took to Twitter to defend the blockchain’s historical move to proof-of-stake (PoS), responding to critics suggesting digital assets secured by such consensus mechanisms are securities. “The Hash” team discusses Buterin’s comments ahead of the upcoming merge.
Celsius is ‘Deeply Insolvent,’ Alleges Vermont Department of Financial Regulation
Celsius Network, the troubled crypto lender, “is deeply insolvent,” alleges the U.S. state of Vermont’s Department of Financial Regulation (DFR), noting the lender lacks the assets and liquidity to honor its obligations to account holders and other creditors.
This 21-Year-Old Student Wants His Locked-Up Funds Back From Voyager Digital
The implosion of Voyager Digital has stung trading firms and retail investors after the crypto broker filed for bankruptcy last week.
3AC Founder Briefly Surfaces; Buterin Defends Ethereum
Court gives Three Arrows Capital liquidators permission to claim US assets. Celsius pays off USDC loan on Aave, unlocks over $415 million in collateral. Buterin defends proof-of-stake blockchain ahead of Ethereum merge. Lightspeed launches $500 million fund for India and South East Asia.