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Week in Review: BOE Hikes Interest Rate, ECB to Reduce Crisis-Era Stimulus, Only 10% of Bitcoin Left to Mine

Taking a look at this past week’s stories making waves in the cryptocurrency space: The Bank of England (BOE) delivering a surprise interest rate hike, the European Central Bank (ECB) announcing an end to the crisis-era asset purchase program, and bitcoin officially surpassing 90% of its available supply.

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Bitcoin Slides Toward $46K, Dropping Alongside US Stock Market

New data on bitcoin's price chart over the past week reveals bitcoin fell for a second straight day, touching its lowest price in nearly two weeks. This comes as a barrage of bearish factors hitting cryptocurrencies and risky traditional market assets like stocks. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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Coinbase Backs NYSE Arca’s Push for Grayscale Bitcoin Trust Conversion to ETF

In a letter to the U.S. Securities and Exchange Commission (SEC) Tuesday, crypto exchange Coinbase urged the agency to approve NYSE Arca’s application to convert the Grayscale Bitcoin Trust into an exchange-traded fund (ETF). CoinDesk’s Nikhilesh De discusses the potential outcomes and the likelihood of the first U.S. bitcoin spot ETF being approved.

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GlobalBlock CEO: ‘$500K Bitcoin in 5 Years’

GlobalBlock CEO Rufus Round discusses his bullish outlook for bitcoin as he maintains the cryptocurrency could blast beyond $500,000 per coin in the next five years and $75,000 per coin before 2022.

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Bitcoin Whales Buying the Dip During Market Correction

Since bitcoin’s all-time high of $69,000, Bitcoin Purpose ETF has added over 6,300 bitcoins in assets under management, representing an over 26% increase in coin holdings. New data reveals institutional interest is prevalent at these prices, and whales are buying up bitcoin supply during this correction.

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Get Ready for the 2022 Metaverse Real Estate Boom

Today's most popular metaverse projects are built on Ethereum, such as Decentraland, Axie Infinity, and The Sandbox, but will they see more growth elsewhere next year? Irina Karagyaur, head of Metaverse Growth at Unique Network, an NFT platform on the Polkadot chain, shares insights into Ethereum's limitations and where virtual real estate could head in 2022.

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8 Trends That Will Shape Bitcoin Mining in 2022

CoinDesk’s first-ever year-end survey of crypto miners reveals a competitive but mature business with the potential for merger activity to accelerate. CoinDesk Managing Editor of Technology Christie Harkin breaks down the findings, sharing insights into the top trends that will shape the bitcoin mining industry in 2022.

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Bitcoin's Supply Getting Tighter?

Fred Pye, CEO of Canadian crypto fund manager 3IQ Digital Assets, discusses his outlook for bitcoin and the wider crypto markets amid central banks around the world beginning to taper pandemic-era stimulus. "We're definitely rangebound, but ... what we do know is the supply is getting tighter and tighter," Pye said. Plus, the state of bitcoin ETFs in Canada.

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Court Overturns Korean Bitcoin Ruling, Days Numbered for Swift?

Japanese billionaire mints NFT in space. Korean Supreme Court overrules verdict in bitcoin case. Cross-border payments set to enter a new era? We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

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‘The Contrarian’ Author Max Chafkin on Silicon Valley Evolution and Web 3

In his book “The Contrarian,” author Max Chafkin makes the case Big Tech’s leading conservative Peter Thiel, the multi-billionaire who co-founded PayPal and an early pioneer in digital currencies, wrote the playbook for Silicon Valley tech behemoths and Web 2.0.

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