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Did a Short Squeeze Drive BTC Prices Higher?
Bitcoin broke back above $39K Sunday in the largest single daily gain in six weeks. BNY Mellon's Ben Slavin shares his analysis on the potential factors driving the BTC spike. Plus, insights into rising institutional demand for crypto services as BNY Mellon begins to custody crypto and outlook for bitcoin ETFs in the U.S.
What to Expect From Tuesday’s Crypto Hearings in DC
CoinDesk’s Nikhilesh De discusses what to expect from two crypto-focused hearings commencing Tuesday: the first by the U.S. Senate Banking Committee discussing the topic of “Cryptocurrencies: What are they good for?” and the second by the House Financial Service Committee on CBDCs.
Mila Kunis on Launching New Animated NFT Show ‘Stoner Cats’
A new animated web series, “Stoner Cats,” launches Monday, featuring Mila Kunis, Ashton Kutcher, Ethereum founder Vitalik Buterin, Jane Fonda, and others.
Crypto Venture Studio Thesis Raises $21M to Keep Building
Thesis, the crypto incubator behind the Fold crypto rewards app and the decentralized Keep protocol, has raised $21 million in a Series A funding round led by Polychain Capital and others. Thesis CEO Matt Luongo discusses the studio’s plans following the raise.
Texas Cracks Down on BlockFi, Joining Alabama, New Jersey
Texas is the latest state after Alabama and New Jersey to join the list of jurisdictions filing a cease-and-desist order against BlockFi, with its regulators alleging on Thursday the crypto lender's Interest Account (BIA) product is a security under state rules. CoinDesk's Nikhilesh De discusses the latest developments swirling around BlockFi and its regulatory implications.
Apollo 11 Arrives in Decentraland on 52nd Anniversary of Moon Landing
Apollo 11 is arriving in Decentraland Saturday, July 24, to commemorate the 52nd anniversary of the moon landing. Banquet co-founder Matt Bond shares insights into the launch. "Everyone in the Aldrin family... [and] supporters of the legacy of Apollo 11 are excited to push the memory of this historic achievement into the metaverse and continue to honor what happened," Bond said.
India Issues CBDC Update, Korea Threatens to Block Exchanges
India issues update on CBDC plans. Korea threatens to block access to foreign crypto exchanges. Hong Kong’s Animoca Brands launches NFT accelerator. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Ethereum’s London Hard Fork Expected to Launch Aug. 4
MyEtherWallet COO Brian Norton discusses the long-awaited launch of Ethereum’s London hard fork, breaking down what the protocol update will mean for the Ethereum network and its users. Plus, his take on other bullish indicators to watch for ETH, fears of high gas prices in the DeFi market, and blockchain regulation.
FTX CEO Sam Bankman-Fried: ‘Huge Expansion Potential For FTX US’
FTX CEO Sam Bankman-Fried discusses what’s next for his crypto exchange on the heels of a record-breaking $900 million funding round, valuing the firm at $18 billion. “There is huge expansion potential in the States for FTX U.S.,” Bankman-Fried said.
Ping An Trials E-CNY; Core Scientific to Go Public
China’s Ping An insurance joins trials of the digital yuan. Crypto miner Core Scientific to go public. China tries out a blockchain-enabled shipping cargo release system. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”