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Crypto.com CEO on $700M Staples Center Deal and Why Sports Sponsorships Are Important

Cryptocurrency exchange Crypto.com has invested $100 million in a global advertising campaign featuring Matt Damon. Following a $700 million naming deal, the Staples Center arena in Los Angeles will be renamed Crypto.com Arena. Crypto.com CEO Kris Marszalek shares insights into the firm's marketing strategy and whether the sponsorship deals are paying off. Plus, details on his company's growth and expansion plans.

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French Fintech Lydia Taps Bitpanda to Let 5.5M Users Trade Crypto

Austrian crypto exchange Bitpanda, the country's first tech unicorn, has teamed with French mobile payments app Lydia to offer its 5.5 million users the ability to invest in over 170 crypto assets. Bitpanda Chief Product Officer Lukas Enzersdorfer-Konrad shares insights into the partnership, France's regulatory reception to crypto, and the state of DeFi in Europe.

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Why Are Crypto Markets Pulling Back?

Bitcoin, ether, and the wider crypto markets continue their recent downward trend, but what's behind the dip? Fairlead Strategies Technical Analyst Katie Stockton shares insights into the key support and resistance levels to watch for signs of a bullish breakout, along with short-term and long-term price targets.

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El Salvador's Bitcoin Bond Specifications

New data shared by El Salvador President Nayib Bukele reveals his plans to issue a $1 billion “Bitcoin Bond” with a 10-year maturity on the Liquid Network. Half of the money raised will be used to purchase bitcoin, and the rest will fund construction of a new ”Bitcoin City” along the Gulf of Fonseca near a volcano. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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El Salvador to Raise $1B via 10-Yr 'Bitcoin Bond' in Partnership With Blockstream

El Salvador President Nayib Bukele announced he would create an entire new city based on bitcoin and also issue a $1 billion "bitcoin bond" with Blockstream. Yet, bitcoin's price has since retreated and is down over 5% on the day. "What Bitcoin Did" Host Peter McCormack discusses his thoughts on the bitcoin bonds and why he's "not surprised" that "Bitcoin City" did not boost BTC's price.

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Bitcoin Struggles at $60K Resistance, Support Above $53K

BitBull Capital CEO Joe DiPasquale discusses his crypto markets analysis and outlook as upsides look limited for bitcoin around the $60,000 resistance level. Plus, his reactions to El Salvador's "Bitcoin City" announcement and U.S. President Joe Biden nominating Jerome Powell as Federal Reserve Chairman for a second term.

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Morgan Stanley: Luxury NFT Market Could Hit $56B by 2030

According to last week's research note from Morgan Stanley, metaverse gaming and non-fungible tokens (NFTs) could represent a revenue opportunity of $56 billion for the luxury market by 2030. The bank expects the total NFT market to grow to $300 billion by that year. Meanwhile, Mogran Stanley says Facebook stock is the best way to get exposure in Metaverse, adding that it's “all upside and would be another layer-cake of multi-year monetization.” The Hash" squad discusses the outlook for the luxury sector as it increasingly collides with the world of crypto. 

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El Salvador to Create ‘Bitcoin City,’ Use $500M of Planned $1B Bond Offering to Buy More Crypto

El Salvador plans to build “Bitcoin City,” an entire city based on bitcoin located along the Gulf of Fonseca near a volcano. President Nayib Bukele also said he plans on issuing a $1 billion “bitcoin bond,” a tokenized financial instrument developed by Blockstream on the Liquid Network.

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Biden Nominates Powell For a Second Term as Fed Chair, Appoints Brainard Vice Chair

U.S. President Joe Biden has nominated Jerome Powell for a second term as the Federal Reserve chair, after much speculation that Fed Governor Lael Brainard could replace him to lead the central bank for the next four years. Brainard will be the Fed’s vice chair when the nomination is officially signed.

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Rep. Tom Emmer on Introducing Bill to Modify Crypto Tax Provision in Infrastructure Law

A bipartisan group of U.S. lawmakers including Representative Tom Emmer (R-Minn.) introduced a bill last Thursday to amend the crypto-related provisions in the $1 trillion infrastructure bill, which U.S. President Joe Biden signed into law. Emmer shares his insights into the Keep Innovation in America Act and the wider U.S. crypto regulatory landscape.

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