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Bitcoin and Ether Trade Lower Along With Equity Markets
Bitcoin (BTC) is holding above the support level of $16,000 while ether (ETH) dropped below $1,200 as on-chain researcher Lookonchain warned of selling pressure after a whale moved large amounts of ETH to Binance. Hashdex CEO and co-founder Marcelo Sampaio weighs in on the recent price actions and discusses his outlook on the broader crypto market.
TIME President Grossman on Why He's Heading to MoonPay
Keith Grossman is stepping down as president of legacy publisher TIME and taking on a new position as president of enterprise at crypto exchange MoonPay, effective Dec. 31. Grossman discusses why he's diving further into crypto amid the market downturn. "I'm a contrarian by nature," he said, adding MoonPay "could bring on the next billion people into the ecosystem."
TIME President Grossman Explains the Business Approach to Web3
Outgoing TIME President Keith Grossman, who led the way in the legacy media's digital assets adoption through NFT launches and crypto subscription payments, explains the business approach to Web3. "Do you want to be an online renter? Or do you want to be an online owner?" This comes as Grossman announced via Twitter that he is set to become MoonPay's president of enterprise.
Here's Why TIME President Decided to Join MoonPay Amid Crypto Winter
Keith Grossman, president of TIME, is leaving the legacy media firm to join crypto payments infrastructure firm MoonPay. "MoonPay is the natural evolution ... to bring the next billion people into the [Web3] ecosystem," he says, explaining why he's decided to join the start-up amid crypto winter.
Risk Assets See High Correlation Amid Macro Pressures
"Every time we have liquidity constraints ... everything correlates," Hashdex CEO and co-founder Marcelo Sampaio says. He discusses how macro pressures like anti-covid protests in China and inflation affect risk assets like cryptocurrencies.
Binance.US Leans Into National Politics With New Campaign PAC
Binance.US is stepping into national politics with its own political action committee (PAC), the Binance.US Innovation PAC. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses what this means for crypto's role in politics as FTX and its former CEO Sam Bankman-Fried vanish from U.S. policy circles.
Bitcoin Below $10K Is Where You Would Really Have Problems: Strategist
Fairlead Strategies founder and Managing Partner Katie Stockton breaks down where bitcoin (BTC) finds its price bottom, emphasizing the $10,000 key psychological level.
FTX Fallout: Incoming Kraken CEO on Trust for Centralized Exchanges
Following the downfall of the FTX empire, why should retail investors trust other centralized exchanges? "Our security team is larger than the entirety of FTX," says Dave Ripley, incoming CEO of Kraken. He discusses the "silver lining" coming out of the FTX "tragedy."
Tornado Cash Developer Alexey Pertsev to Remain in Jail Until at Least Late February
Alexey Pertsev, who developed the now-sanctioned Tornado Cash app, was ordered to stay in jail until Feb. 20 after a Netherlands court found he presented a flight risk. CoinDesk Regulatory Reporter Jack Schickler discusses the latest legal developments.
Singapore Defends Stance on Binance After FTX Implosion
This week, Singapore's central bank, the Monetary Authority of Singapore (MAS), released a statement to "address misconceptions" after the collapse of crypto exchange FTX. CoinDesk Executive Director of Global Content Emily Parker discusses the latest in the state of crypto in Singapore and Asia as FTX's implosion continues to ripple across the industry worldwide.