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Want to Mine Chia? Amazon Will Let You ‘Farm’ It in the Cloud
Amazon Web Services is offering Chia mining on the cloud. There’s been a lot of buzz about the new cryptocurrency that relies on a new consensus algorithm called “Proof of Space and Time.”
Chart of the Day: Bitcoin Consolidation
Bitcoin has been trading sideways throughout the week, nearing resistance at $58K. Data suggests traders were quick to take profits during rallies, and the slowing momentum indicated bitcoin was ready to take a breath after breaking through the $50K barrier. "All About Bitcoin's" host Christine Lee breaks down the data in the Chart of the Day.
NYDIG Taps Bridgewater Associates’ John Dalby as New CFO
NYDIG has hired Bridgewater’s John Dalby, the CFO of the world’s largest hedge fund, to take over as chief financial officer at the crypto firm. The Hash” panel discusses the significance of Dalby, a traditional finance titan, moving to a crypto firm.
Musk Tweets Ahead of ‘SNL’ Appearance, Urging Investors to Be Cautious
In an uncharacteristically sober tweet ahead of guest-hosting “SNL,” Elon Musk urged crypto investors to “invest with caution.” “The Hash” panel weighs in.
Bitstamp CEO: Regulation is ‘Absolutely What the Industry Needs’
In a congressional hearing Thursday, SEC Chairman Gary Gensler called for more regulations for U.S. crypto exchanges. Bitstamp CEO Julian Sawyer explains why he would welcome such regulation and sees Gensler’s comments as positive for the industry.
Is Ether Headed Toward a Trillion-Dollar Market Cap?
Ether is emerging as the foundational base layer for decentralized finance and crypto innovations, and its price is soaring accordingly. Greg Magadini, CEO of Genesis Volatility, thinks a trillion-dollar ether market cap is a “no-brainer.” Plus, his thoughts on the crypto options markets.
Jackson, Tennessee Wants to Become the Next Bitcoin Hub
Scott Conger, mayor of Jackson, Tennessee, wants the city to become a major hub for crypto companies. Conger’s plans include facilitating mining and paying city employees in bitcoin. Conger joins “First Mover” to talk about his crypto dreams for Jackson and how he plans to make them a reality.
Former Fed Regulator Michael Hsu Appointed Acting Comptroller of the Currency
Treasury Secretary Janet Yellen appointed Michael Hsu, a former Federal Reserve banking regulator, as Acting Comptroller of the Currency. CoinDesk’s Nikhilesh De on what we know about Hsu’s background and what his appointment might mean for the crypto sphere.
BCH Gets the Nod from Japan; Digital Yuan Travels to the Countryside
While Bitcoin Cash surges, we talked to a Japanese coffee shop owner who just started accepting BCH as payment yesterday. Buying bubble tea with a digital yuan China’s DCEP pilot program continues to expand. Police in Korea are told no to crypto, but who will police the police?
Bitcoin and Ether Are Diverging
Over the past year, ether and bitcoin have begun to diverge as ether is increasingly considered an investable asset while bitcoin is seen as a store of value. “All About Bitcoin’s” host Christine Lee breaks down the data in the Chart of the Day.