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Why Filecoin is Now the 9th Largest Crypto, Displacing Litecoin
The value of filecoin surged 42% in the last 24 hours, replacing Litecoin as the 9th largest cryptocurrency. "The Hash" panel discusses what filecoin is and the reasons behind its recent popularity boom.
Teletubbies Crypto and Other April Fools’ Day Jokes
It’s April Fools’ Day, which means the crypto space is experiencing a wave of fake news. Ben Powers discusses the Teletubbies’ crypto-inspired joke which he calls “next-level absurdity.” “The Hash” panel weighs in on how April Fools’ Day fits into a broader issue of misinformation in the crypto sphere.
Elon Musk Says Dogecoin Is Going to the Moon – Literally
Elon Musk is tweeting about Dogecoin again, this time claiming SpaceX would be putting “literal dogecoin on the literal moon.” Whether or not it’s an April Fools’ Day joke, the price of DOGE soared in response. “The Hash” team weighs in.
Morgan Stanley Approves Bitcoin Exposure for Select Mutual Funds
Morgan Stanley is the latest institution embracing crypto with the approval of bitcoin exposure for a handful of mutual funds. "The Hash" panel discusses the importance of banks gaining exposure to bitcoin and how this will impact the wider crypto ecosystem.
A Bitcoin Will Be Worth a Bugatti by 2022, Says Kraken CEO
Jesse Powell, CEO of Kraken, told Bloomberg that a bitcoin will be equivalent to the price of a Bugatti by 2022. Considering the cheapest Bugatti goes for over $1.5M, Powell is beyond bullish on bitcoin. "The Hash" panel debates.
LA Rams' Safety Taylor Rapp Launches NFT Collection to Fight Anti-Asian Hate
Chinese-American NFL player Taylor Rapp is launching an NFT collection, pledging to donate some of the proceeds for an anti-hate campaign. Rapp discusses his personal experiences with racism as a professional athlete and why it's important to him to be a role model to children who dream of a future in sports.
Bank of International Settlements Says China's Digital Yuan Will Not Have 'First Mover Advantage'
Bank of International Settlements General Manager Agustin Carstens pushed back against claims that China's digital yuan would give the country a "first mover advantage" in the world of CBDCs. Though Carstens didn't directly name China, his speech challenged "overblown" rhetoric that any one CBDC would become the world's reserve currency based on "digital nature alone." Nik De breaks it down.
Security Tokens Are Taking Off in Japan
Security tokens haven't really caught on in the US market, but they have in Japan. Carlos Domingo of Securitize breaks down the reasons for the successes of STOs in Japan, including regulatory clarity and institutional adoption.
Toroso Investments: Bitcoin Will Hit $100K This Year
Bitcoin is having a tough time breaking through the $60K barrier, but Michael Venuto of Toroso Investments thinks the cryptocurrency will hit $100K by the end of the year and $250K over the next few years. Venuto explains why he’s bullish on bitcoin and how Bitcoin ETF’s arrival would impact traditional markets.
FinCEN's Financial Surveillance Might Soon Expand to Crypto Exchanges
A controversial regulation proposed by the Financial Crimes Enforcement Network (FinCEN) would require crypto exchanges to record and report personal data for transactions of a certain volume to the agency. Is this one reason billions of dollars worth of bitcoin are leaving exchanges? A discussion with CoinDesk's Galen Moore about the bitcoin outflows on exchanges.