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Bitcoin Drops Below $28K

Bitcoin has fallen below $28,000, reaching a 24-hour low of $27,314.22. This comes as the increase in bitcoin's dominance rate has halted, hinting at the potential outperformance of altcoins ahead. Tactive Wealth Advisor Eddy Gifford joins “All About Bitcoin” to discuss his bitcoin price outlook.

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Major Firms Deny Backing Bankruptcy Claims Exchange OPNX

Trading firms Susquehanna International Group (SIG), DRW and venture-capital firm Nascent are denying backing OPNX, the bankruptcy claims exchange founded by the same people who created Three Arrow Capital. Separately, the Ontario Teachers' Pension Plan, which wrote off its $95 million investment in the now bankrupt cryptocurrency exchange FTX, says it won't rush into another crypto investment, according to a report from the Financial Times.

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NFT Marketplace Sales Are Dropping, Dune Data Shows

According to multiple dashboards compiled by researchers on analytics platform Dune, OpenSea and Blur are experiencing notable losses in both daily users and sales. “The Hash” panel discuss the potential catalysts to sales across NFT marketplaces sinking over the last seven days.

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Bitcoin's Dominance Rate Hints at Upcoming 'Altcoin Season'

“The Hash” panel discusses the increase in the largest cryptocurrency's share of the overall crypto market, or bitcoin's (BTC) dominance rate, halting, which hints at the potential outperformance of alternative tokens known as altcoins ahead. Altcoins are any cryptocurrency other than bitcoin.

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OPNX Tweets Backers of the Bankruptcy Claims Exchange Include Susquehanna

"The Hash" panel discusses the "major investors" in OPNX, a new exchange for trading bankruptcy claims founded by the people behind failed crypto hedge fund Three Arrows Capital (3AC), includes high-profile firms, including Susquehanna International Group (SIG), the company tweeted Friday. Not long after, three of those supposed "major investors," Susquehanna International Group (SIG), DRW and Nascent, denied what OPNX said.

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1inch to Launch on Ethereum Rollup zkSync Era

“The Hash” panel discusses 1inch, the decentralized exchange (DEX) aggregator, launching a version of its platform onto zkSync Era, the recently released Ethereum scaling network from Matter Labs. The company, which nabbed $175 million in a 2021 series B funding round, is one of the biggest protocols yet to launch on a zero-knowledge EVM.

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Do Kwon: The Rise and Fall

Prosecutors in Montenegro have submitted an indictment proposal for Terraform Labs co-founder Do Kwon, according to a report by Bloomberg Law. That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."

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EU Greenlights MiCA as Cryptos Tumble Amid Economic Worries

Lawmakers in the European Union voted in favor of the new crypto licensing regime MiCA, but the crypto market has been seeing losses across the board. That market updates and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."

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PV01's Max Boonen on Using Blockchain Tech to Target Issues in Debt Capital Markets

PV01, launched last month, uses blockchain technology to target long-standing issues in debt capital markets. PV01 CEO and founder Max Boonen, who also helped get the giant crypto market maker B2C2 off the ground, joins "First Mover" to weigh in on the March banking crisis, along with PV01's first product: tokenized, on-chain versions of one-month U.S. Treasury bills.

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Bitcoin Falls Toward $28K, Slipping for the Third Straight Day

Bitcoin (BTC) is down for a third straight day on Friday, falling roughly 9% in the last seven days. Crypto is Macro Now economist Noelle Acheson explains the drawback, saying, "everything seems to be in a wait and hold mood...[and] it's especially noticeable in the volatility of crypto assets." Acheson is also the former head of research at CoinDesk and Genesis Trading.

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