Crypto.com
Gold 2.0 in Bitcoin?
Data on the performance of bitcoin (BTC) vs. gold since Wednesday shows BTC is finally doing what has long been touted — acting as the ultimate inflation hedge. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
South Park Mocks Matt Damon, Celebrity Crypto Endorsements
South Park’s latest made-for-TV film takes aim at Matt Damon’s “Fortune Favors the Brave” commercial for Crypto.com and other celebrities who have endorsed crypto. “The Hash” panel discusses what to make of South Park’s roast and the pros and cons of celebrity endorsement.
Long-Term Bitcoin Investors HODL as Speculator Selling Drives Prices Lower: Coinbase
Long-term bitcoin investors have preserved their holdings in recent weeks even as speculators flee the market, driving the cryptocurrency below $20,000. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
Bitcoin 'Bear Flag' Hints at Downside Risk
The emergence of a "bear flag" pattern on bitcoin's daily chart suggests downside risk ahead, according to CoinDesk's Omkar Godbole. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Bitcoin in 'Accumulation' Phase, On-Chain Indicators Suggest
Bitcoin's (BTC) Puell Multiple, the daily issuance of bitcoins in U.S. dollar terms by the 365-day average of the value, indicates it's time to start stacking BTC again. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Coinbase Lays Off Roughly 1,100 Employees as Crypto Market Tumbles
Publicly traded crypto exchange Coinbase is letting go of roughly 1,100 employees to cut costs, according to a recent company filing Tuesday. This comes after BlockFi and Crypto.com also announced layoffs. "The Hash” group discusses the consequences, the dilemma that many of the big names in crypto are facing after over-expanding during the bull run.
Yellen’s Stablecoin Warning; China’s E-CNY Plans Looking Shaky
Janet Yellen cites Terra’s UST fiasco while warning over stablecoins. Crypto.com COO warns of tough times ahead for markets. Asian Games postponement, Covid-19 lockdowns affect China’s digital yuan rollout. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Binance to Sponsor 64th Annual Grammy Awards
Binance, the world’s largest crypto exchange, has announced plans to sponsor the 64th Annual Grammy Awards, the biggest night in the American music industry. “The Hash” group discusses why crypto companies are vying for mainstream audiences, noting advertisements by FTX, Coinbase, and Crypto.com in this year’s Super Bowl. Plus, a conversation about the possibility of a metaverse Grammy Awards.
UAE Becoming Crypto Hub; India’s Tax Bogeyman
Australia’s BTC Markets partners with Mastercard for payment options. Crypto.com, Bybit book tickets to Dubai to set up bases. India’s crypto taxes scaring away younger investors. More on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
‘Frozen’ Bitcoin Tied to Canadian Trucker Protests Moved to Coinbase, Crypto.com
Bitcoin tied to the Canadian trucker uprising against COVID-19 restrictions has recently been moved from the original address to Coinbase and Crypto.com following a government effort to freeze said assets. “The Hash” discusses this latest update in the Canadian story and the utility of public blockchains for “following the money.”
