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Where Is Bitcoin Headed Next?
CoinDesk's Tech Managing Editor Christie Harkin and Markets Managing Editor Brad Keoun look ahead to next week in the world of bitcoin as the crypto market consolidates and global central banks propose banning the use and mining of cryptocurrencies.
Ether, Altcoins Tank, With Bitcoin as Decoupling Narrative Goes Up in Smoke
The developing narrative of ether and altcoins decoupling from bitcoin in an adverse macro environment went up in smoke Friday, as a sell-off in stocks and BTC caused extensive damage to the broader digital asset market. Is centralized liquidity dictating the market value of cryptocurrencies promising decentralization? Are we in a bear market?
Andrew Rogozov, Former Exec at VK, the ‘Facebook of Russia,’ Joins Telegram’s Spin-Off Blockchain Project
Andrew Rogozov, former exec at Russian internet giant VK, is joining the TON Foundation, which supports the fledgling Toncoin blockchain. Toncoin is the offspring of the blockchain project designed by messaging service Telegram. “The Hash” panel discusses what this means for the TON ecosystem and Telegram, and why this is a developing story to watch.
Twitter Launches NFT Profile Picture Verification
After months of anticipation, Twitter has released an official verification mechanism for non-fungible token (NFT) profile pictures. "The Hash" squad discusses the latest rollout bringing NFT and crypto tech awareness to the masses.
The Father of PlayStation Doesn’t Like Metaverse or VR Headsets
In an interview with Bloomberg, PlayStation creator Ken Kutaragi called the metaverse “isolating” and VR headsets “annoying.” Kutaragi equated the metaverse to nothing more than an anonymous message board. “The Hash” hosts discuss the strengths and weaknesses of Kutaragi’s criticisms amid the metaverse increasingly moving to lead the gaming revolution.
Russian Bank Calls for Crypto Ban, Korea’s Lofty Metaverse Goals
Russia’s central bank calls for crypto ban. Foxconn chair says 2022 is the first year of the metaverse for the company. South Korea aims to become top five metaverse leader by 2026. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
SEC Chair Gary Gensler to Reign in Crypto Exchanges With Tighter Scrutiny
Reacting to U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler wanting greater regulatory scrutiny for crypto exchanges, former SEC Commissioner Paul Atkins discusses whether exchanges indeed present an inherent danger to consumers. Plus, thoughts on U.S. crypto regulation under Gensler vs. former Chair Jay Clayton.
Why Congressman Tom Emmer Wants to Limit the Fed’s Ability to Issue Digital Dollar
Congressman Tom Emmer (R-MN) shares insights into his new bill aimed at prohibiting the Federal Reserve from issuing a CBDC directly to individuals. This comes after the Fed has just released a white paper on the digital dollar.
India’s Crypto Industry Has Great Expectations From New Budget
India’s cryptocurrency ecosystem is eagerly hoping for a hint of regulation from the government come Feb. 1, 2022. India’s Finance Minister Nirmala Sitharaman is set to present the nation’s budget, which is considered the most important financial day of the year for the world’s largest democracy.
Bitcoin Dips Below $40K During Broader Asia Market Sell-Off
For the second time this month, bitcoin has dipped below $40,000, hitting $38,642 mid-way through the Asia trading session. BTC is down by nearly 11.5% in the last 24 hours. MarketGauge Group Managing Director Michelle Schneider discusses the potential catalyst behind the market sell-off and whether BTC has further room to fall.