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Could a ‘Santa Claus Rally’ Happen This Year?
Following a week of lower lows for bitcoin, could we expect to see a “Santa Claus Rally” this year? CoinDesk’s Brad Keoun weighs in on his crypto markets analysis and outlook. Plus, tech editor Christie Harkin discusses the latest on bitcoin’s hashrate as it rebounds to levels not seen since before China’s mining crackdown.
Bitcoin Rises as US Inflation Jumps to New High of 6.8% in November After 39 Years
The U.S. Labor Department’s Consumer Price Index (CPI), closely tracked by bitcoin traders, rose 6.8% in the 12 months through November, the highest since May 1982. Bitcoin jumped 2% in the minutes after the news. "The Hash" panel explains the impact of inflation on the global economy and what it means for the crypto market.
ConstitutionDAO Token PEOPLE Sees Wild Sell-off Following $9M Liquidations
Do "memes" have intrinsic value? ConstitutionDAO's PEOPLE tokens recorded over $9 million in liquidations Friday. This comes as part of a refund mechanism to contributors of ConstitutionDAO, following the collective losing the bid for a copy of the U.S. Constitution at the Christie's auction.
Music Streaming Platform Audius Plans for Metaverse Radio Station
"DeFi Land," whose gameplay teaches gamers the concepts of decentralized finance (DeFi) through farming simulation, has teamed up with music streaming platform Audius to build a radio station in the metaverse. "The Hash" panel reacts to the latest fresh take on DeFi, possibly bringing the tokenized music model to the mainstream.
India's Modi Says Crypto Should Empower Democracies, Not Undermine Them
Indian Prime Minister Narendra Modi has called for a global cryptocurrency standard, claiming emerging technologies such as crypto should empower democratic societies. This contrasts an earlier report which stated the country was planning to adopt harsh policies towards digital assets. "The Hash" hosts break down the potential implications for mainstream adoption of crypto and the role of government in DeFi.
VanEck Exec.: ‘2021 Was the Year of Smart Contracts’
Bitcoin is climbing back up after suffering a steep sell-off Thursday. VanEck Head of Digital Assets Matthew Sigel shares insights into the bitcoin price movement and gives his bitcoin price outlook for the end of the year.
Sen. Lummis on Crypto: ‘We Will Continue to Educate’
CoinDesk Managing Editor for Global Policy and Regulation Nikhilesh De speaks with Sen. Cynthia Lummis (R-Wyo.), a top 10 winner of CoinDesk’s Most Influential 2021.
Shibu Inu Coin Struggles, Blockchain an Inflation Hedge Solution?
Hong Kong’s Animoca Brands announces equestrian joint venture with Aquis Farm. Shiba Inu community still hurting following Bitmart hack. Could blockchain technology offer an inflation hedge option? We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Stellar Foundation CEO Shares Key Takeaways From Crypto CEOs’ Congressional Hearing
Stellar Development Foundation CEO and Executive Director Denelle Dixon joins “First Mover” to discuss this week’s congressional hearing with crypto CEOs and the future trajectory of U.S. crypto regulation.
Bitcoin Dominance Approaching Lowest Level Since June 2018
New data reveals bitcoin’s dominance is nearing a record low to levels not reached since June 2018. Meanwhile, ether’s dominance continues to climb higher. What are the potential factors explaining ETH’s upward trajectory? “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.