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New Adobe Photoshop Feature to Support NFT Verification on Marketplaces
A new feature on Adobe Photoshop called “Content Credentials” will allow artists to prove they are the creators of artwork on NFT marketplaces. “The Hash” squad discusses what it means for the developer of the world’s most popular digital creators software to enter the NFT business.
Bitcoin Dips Below $59K as Leverage Ratio, SHIB Rally Signal Excess Speculation
Bitcoin is trending down amid signs of excess leverage and greed in the market. CoinDesk 20 data shows BTC is down 12% from last week's record high of $66,975. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Is a Correction Coming Soon Frothy-Looking Crypto Markets?
CoinDesk’s Galen Moore discusses the “frothy” state of the crypto markets and a possible correction ahead as the SHIB rally signals excess speculation. Plus, reactions to Capriole Investments CEO Charles Edwards’ assessment on bitcoin’s metrics and Robinhood shares falling as crypto trading revenue declines.
Altair Upgrade Goes Live, Hybe and Dunamu Consider NFT Venture
Altair Beacon Chain upgrade goes live. BTS’ label Hybe and Dunamu reportedly planning NFT venture. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
US Regulators Exploring How Banks Could Hold Crypto Assets
According to Federal Deposit Insurance Corporation (FDIC) Chairwoman Jelena McWilliams, a group of U.S. regulators are reportedly exploring how banks could hold and deal with digital assets. CoinDesk’s Nikhilesh De discusses the latest on global policy and regulation. Plus, an update on the Biden Administration’s stablecoin report.
CoinList CEO on $1.5B Valuation as Lending, Staking Join Business Mandate
Token sale platform CoinList has raised $100 million in its first equity round in nearly two years, valuing the firm at $1.5 billion. This comes as its KYC-approved user base grew 42x in 12 months, and the third quarter of 2021 saw the largest ever VC investment in crypto. CoinList CEO Graham Jenkin dicusses the funding round, user growth, and global footprint.
Investment Firm Republic Raises $150M in Series B Funding Round
Republic, an investment firm that includes a crypto arm, announced Tuesday a $150 million Series B funding round led by Valor Equity Partners. Republic’s Head of Crypto and Tokenization Andrew Durgee discusses the raise, crypto markets outlook, and memecoins.
CME Leveraged Funds Raise Bets Against Bitcoin to Record High as Futures Premium Spikes
Leveraged funds on the Chicago Mercantile Exchange (CME) raised their bets against bitcoin, rising to a record high in the week ended Oct. 19, possibly to profit from the widening gap between futures and spot markets prices. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
Bank of Spain Opens Registry for Crypto Service Providers
The Bank of Spain has issued instructions on registering with the central bank to offer crypto-related services in the country. Head of Market Insights at Genesis Global Trading Noelle Acheson discusses the significance of the move, outlook for bitcoin following the launch of three U.S. bitcoin futures ETFs, and institutional interest in crypto. Plus, insights into the European markets.
Tesla Hints at Restarting Crypto Transactions Again in SEC Filing
In a September quarterly filing with the U.S. Securities and Exchanges Commission (SEC), Tesla hinted it might soon restore support for crypto payments. This comes as the major electric vehicle manufacturer became the fifth company to surpass the $1 trillion market cap. "The Hash" hosts discuss whether this could be a bullish signal for bitcoin and the wider crypto markets.