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Pepecoin Skyrockets 70% This Week, Becomes Biggest Meme Coin Gainer
Pepecoin (PEPE) has clocked gains over 40% in the last 24 hours and is up roughly 70% on the week. This comes as Gemini posted on Twitter Wednesday that the crypto exchange is "feeling pepish about something coming soon." CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
Crypto Custody Firm BitGo Withdraws Acquisition of Rival Prime Trust
Cryptocurrency custodian BitGo terminated its acquisition of rival Prime Trust after earlier this month reaching a preliminary agreement to acquire the firm for an undisclosed amount amid speculation it was facing bankruptcy. "The Hash" panel weighs in on Prime Trust's rocky journey in recent months.
Tether Outlook as Crypto Winter Grinds On
CoinDesk's chief insights columnist David Z. Morris joins "The Hash" panel to discuss why stablecoin tether (USDT) could face serious pressure amid the U.S. Securities and Exchange Commission (SEC)'s apparent crackdown on the crypto industry, with recent lawsuits against Coinbase and Binance.
Some U.K. Lobbyists Argue Digital Pound Should Be Interoperable with Crypto
Lobby groups and crypto companies in the U.K. are generally welcoming of the government's plans for a digital pound, but some of them believe the currency should be interoperable with crypto in order to be suitable for the future. "The Hash" panel weighs in on privacy concerns surrounding central bank digital currencies (CBDCs).
German Intelligence Agency Releases NFT Collection to Recruit Talent
German Intelligence Agency Bundesnachrichtendienst (BND) has released a non-fungible token (NFT) collection, called the “Dogs of BND,” to recruit talent through a gamified blockchain treasure hunt. "The Hash" panel shares their reaction to the role of NFTs and blockchains in the agency's recruiting process.
EDX Markets CEO on Future of Digital Assets
Financial heavyweights including Charles Schwab (SCHW), Citadel Securities, and Fidelity Digital Assets announced the start of cryptocurrency exchange EDX Markets, the latest evidence Wall Street is forging ahead in digital assets despite the crypto winter. EDX Markets CEO Jamil Nazarali discusses the launch and the implications for the future of the crypto industry at large.
The Politics of a Spot Bitcoin ETF Approval in the U.S.
The Chamber of Digital Commerce's founder and CEO Perianne Boring, weighs in on the SEC's handling of spot bitcoin ETF filings in the U.S., noting "The SEC keeps moving the goal posts of what the industry needs to do." Boring also adds there's "no reason to continue to hold this up" and expresses optimism for the forthcoming round of applications.
The Chamber of Digital Commerce CEO Reacts to Fed Chair Powell's Stablecoin Remarks
Federal Reserve Chairman Jerome Powell argued for the need for strong central bank oversight in stablecoin regulations being crafted by lawmakers in the House Financial Services Committee Wednesday. Perianne Boring, founder and CEO of The Chamber of Digital Commerce, discusses what to make of Powell's comments. "It's a bigger question of the whole path to this legislation," Boring said.
Bitcoin Options Volume Jumps to $3.3B as Price Rallies to Two-Month High
Bitcoin's (BTC) sudden rally to two-month highs has spurred demand for calls and boosted activity in the options market, with $3.3 billion's worth of bitcoin options contracts changing hands across major exchanges, including Deribit. Tactive Wealth Advisor Eddy Gifford discusses the surge in bitcoin options volume.
EDX Markets CEO on Token Offerings Amid Unclear Regulatory Landscape in the U.S.
EDX Markets CEO Jamil Nazarali explains why the exchange is only offering bitcoin (BTC), ethereum (ETH), litecoin (LITE), and Bitcoin Cash (BCH) so far. "We deliberately selected those 4 tokens because we feel very comfortable that they are not securities," he added.
