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Bitcoin is up 50% over three weeks on the back of strong institutional and retail demand. eToro US Managing Director Guy Hirsch discusses his long-term bullish assessment of bitcoin despite some suggesting the U.S. Senate's $1 trillion infrastructure bill could be bearish for crypto. "Crypto is a global phenomenon," Hirsch said. "Even if the world's only superpower, the U.S., is taking some adverse measures against the industry... this is a global market, and overall, things are looking optimistic." Plus, the latest with eToro's expansion in Miami.

Aug 12, 2021

Poly Network returns stolen assets. Indian women lead the charge in crypto exchange account sign-ups. OKEx lists Doge memecoin spin-off Baby Doge. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

Aug 12, 2021

CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses his reading of U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler’s letter to Sen. Elizabeth Warren, saying he wants his agency to have greater authority and resources to crack down on the crypto sector.

Aug 12, 2021

Crypto derivatives trading platform BitMEX will pay a $100 million penalty to the U.S. Commodity Futures Trading Commission (CFTC) and Financial Crimes Enforcement Network (FinCEN) to resolve charges of violating the Bank Secrecy Act. 100x Group CEO Alexander Hoeptner discusses his insights into the settlement and outlook for BitMEX. Plus, his advice for crypto firms and the overall industry as crypto regulation comes to focus.

Aug 12, 2021

Guy Gotslak, President & Co-Founder of crypto investment platform My Digital Money, ​discusses bitcoin’s next move as it remains in a long-term uptrend. “We might see a little resistance, but I believe long-term, it’s a rocket ship,” Gotslak said. Plus, why he doesn’t think crypto regulation has a significant impact on market activity.

Aug 11, 2021

U.S. senators voted along party lines to support a $3.5 trillion blueprint for President Joe Biden’s agenda. This includes the $1 trillion infrastructure bill that passed Tuesday, which included contentious tax reporting provisions on the crypto community.

Aug 11, 2021

Poly Network suffers the largest hack in DeFi history. Small and mid-sized miners suffer in China exodus, and Cardano’s ADA hits a two-month high. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

Aug 11, 2021

Coinbase posted $1.9 billion in transaction revenue in the second quarter of 2021, surpassing analyst estimates for $1.57 billion in its second-ever earnings report as a public company. The crypto exchange also noted ether was traded more than bitcoin in Q2 for the first time. CoinDesk's Nate DiCamillo digs into the report and reveals about the outlook for Coinbase and the wider industry. Plus, his insights into the latest Consumer Price Index (CPI) numbers.

Aug 11, 2021

Bitcoin and ether are soaring, but some crypto traders speculate the next hot market bet: digital assets associated with visions of a decentralized Internet or Web 3.0 tokens. Vanessa Grellet, Head of Portfolio Growth at investment firm CoinFund, explains what Web 3.0 tokens are and why she believes “this is looking like the future.”

Aug 11, 2021

Octavio Marenzi, CEO of capital markets consultancy Opimas, discusses why the U.S. Senate’s $1 trillion infrastructure bill could have driven crypto markets higher. ​”Within the infrastructure bill actually, there is a huge, huge silver lining for crypto, [and] I think that’s why we’re seeing bitcoin shoot up,” Marenzi said.

Aug 10, 2021