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Is the Worst Over for the Crypto Markets?
Following a week of wild price fluctuations, is the worst over for bitcoin and the wider crypto markets? “All About Bitcoin’s” Week in Review panel discuss their BTC outlook for the week ahead.
Galaxy Digital Sees Quarter-to-Date Loss of $300M
Cryptocurrency-focused financial services firm Galaxy Digital (GLXY) said it expects its quarter-to-date loss through Wednesday to be about $300 million. "The Hash" squad discusses the potential connection to UST's collapse and what the future holds for Galaxy.
Galaxy Digital Sees Quarter-to-Date Loss of $300M
Cryptocurrency-focused financial services firm Galaxy Digital (GLXY) said it expects its quarter-to-date loss through Wednesday to be about $300 million. "The Hash" squad discusses the potential connection to UST's collapse and what the future holds for Galaxy.
LUNA, UST Still Available on FTX and Other Exchanges Despite Terra Blockchain Halt
Despite a second halt of the Terra blockchain by its validators, its luna (LUNA) token and TerraUSD (UST) algorithmic stablecoin remain available to trade on FTX and other crypto exchanges. “The Hash” team discusses the implications of crypto delisting and what this could reveal about the fate of Terra.
FTX CEO Sam Bankman-Fried Buys 7.6% Stake in Robinhood
According to an SEC filing, FTX CEO Sam Bankman-Fried bought 56 million Robinhood (HOOD) shares on May 2, representing a 7.6% stake in the popular trading app. HOOD rose more than 20% upon the news. "The Hash" hosts react, discussing what could be next. Is a Robinhood-FTX.US merger on the horizon?
Elon Musk Says He's Still Committed to Twitter Deal After Putting it on Hold
Tesla CEO Elon Musk said he is still committed to his $42 billion takeover of social media giant Twitter (TWTR) after putting it on hold pending data on its spam and fake accounts. "The Hash" panel discusses the latest in a wild month of news on the Elon Musk-Twitter saga.
FTX and Yellen Hearings on Capitol Hill: Top Takeaways
The House Committee on Agriculture hosted a hearing Thursday examining FTX’s proposal on clearing customers’ margin-backed swaps trades. Separately, Treasury Secretary Janet Yellen testified on the economy and the annual financial stability report before the House Financial Services Committee. CoinDesk’s Nikhilesh De discusses the key takeaways.
After Week of UST Turmoil, Are Rest of Crypto Markets Stabilizing?
GSR Global Head of Product Benoit Bosc discusses his crypto markets analysis and outlook, exploring the potential catalyst for TerraUSD (UST) stablecoin’s collapse and its impact on BTC and ETH. Plus, insights into bitcoin’s open interest and institutional vs. retail buying activity.
Terra's UST and LUNA Collapse: Warnings and Skepticism in Retrospect
CoinDesk TV has been taking a deep dive into algorithmic stablecoins for months, interviewing experts who sounded the alarm on their potential risks. "First Mover" hosts Christine Lee and Lawrence Lewitinn take a look back at the highlights and the lessons to be learned.
Terra Halts Network; Do Kwon Security Concerns
Terra shuts down indefinitely with luna (LUNA) and TerraUSD (UST) left on life support. Wife of Terraform Labs Founder Do Kwon requests police protection. Tether stabilizes after burning three billion tokens amid redemptions. ETF Securities optimistic on the future of crypto ETFs in Australia.