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CoinDesk data shows that the price of DOGE has risen over the past 24 hours after Twitter CEO Elon Musk posted a photo joking about his dog Floki as the new boss of Twitter. Musk replaced Parag Agrawal as CEO of Twitter when his acquisition deal for the social networking platform closed on Oct. 27. 

Feb 15, 2023

Bitcoin (BTC) remains above $22,000 despite increased regulatory pressure on the industry after Kraken's $30 million SEC settlement and Paxos receiving a Wells Notice. ProChain Capital President David D. Tawil shares insights into BTC's resilience amid macro headwinds and the impact of CPI data. Plus, takeaways from Tuesday's Senate Banking Committee hearing on safeguarding financial digital assets.

Feb 14, 2023

The Senate Banking Committee hosted a hearing Tuesday called "Crypto Crash: Why Financial System Safeguards are Needed for Digital Assets." Crypto Council for Innovation Head of Government Affairs Brett Quick, who was at the hearing, discusses the key takeaways and the next steps in the push for "very badly needed federal regulatory clarity that the industry has been asking for."

Feb 14, 2023

Unspent transaction output (UTXO) count of bitcoin (BTC) is ticking upwards, set to challenge its all-time high of 84.6 million from November 2022, when there was a flurry of on-chain activity as traders tried to escape the wreckage of FTX's collapse. UTXO refers to the individual units of bitcoin, called satoshis, or sats, that are locked in transactions on the blockchain. CoinDesk's Christine Lee presents "Chart of the Day."

Feb 14, 2023

Bitcoin saw small gains Tuesday after the U.S. Bureau of Labor Statistics revealed that the consumer price index (CPI) for January rose 0.5% versus 0.1% a month earlier, in line with economist forecasts. The Wall Street Journal reports the founders of failed hedge fund Three Arrows Capital are launching a $25 million crypto exchange venture at the end of the month. And, the Senate Banking Committee hosted a hearing called "Crypto Crash: Why Financial System Safeguards are Needed for Digital Assets."

Feb 14, 2023

The Committee on Banking, Housing, and Urban Affairs held an open session titled “Crypto Crash: Why Financial System Safeguards are Needed for Digital Assets.” In the opening remarks, Sen. Sherrod Brown (D-Ohio) addressed the differences this past year had made in the crypto industry.

Feb 14, 2023

Sam Bankman-Fried, founder of collapsed crypto exchange FTX, has been using a virtual private network (VPN) to access the internet, potentially prompting a further clampdown on his bail conditions, according to the U.S. prosecutors. In a response dated Feb. 14, Bankman-Fried’s attorney Mark Cohen said he had the VPN to watch playoffs in the National Football League (NFL), and the Super Bowl, via an international subscription. "The Hash" panel discusses the latest from SBF and the implications of FTX's bankruptcy process.

Feb 14, 2023

The U.S. Securities and Exchange Commission (SEC) is planning to propose rule changes that would make it harder for hedge funds, private equity firms and pension funds to work with crypto firms, Bloomberg reported on Tuesday. "The Hash" panel discusses the latest in the world of crypto regulation.

Feb 14, 2023

Non-fungible token (NFT) marketplace Magic Eden on Monday announced that it would be laying off 22 members of its staff as part of a "companywide restructuring." "The Hash" panel discusses the latest firm hit by the chills of crypto winter.

Feb 14, 2023

Binance’s Chief Executive Officer Changpeng “CZ” Zhao distanced himself from the Binance-branded stablecoin BUSD, after regulatory action caused minting to cease. “BUSD is not issued by Binance,” CZ said at a Twitter Spaces on Tuesday. “We have an agreement to let them [Paxos] use our brand, but that's not something that we created.” "The Hash" panel discusses the latest developments and industry implications amid mounting U.S. crypto regulatory pressure.

Feb 14, 2023