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Bitcoin Price Key Support Levels Next Week, Eastern Europeans Shift to Crypto
In today’s Week in Review discussion, CoinDesk Managing Editor for Markets gives his analysis on where bitcoin price could be headed next week. Plus, Managing Editor for Tech Christie Harkin weighs in on the topic of weaponized finance amidst the war between Russia and Ukraine.
Crypto’s Increasing Prevalence in the Russia-Ukraine Crisis
CoinDesk’s Week in Review panel dissects some of the top stories of the week, following a momentous turning point in geopolitics as Russia’s invasion of Ukraine displaces thousands and shifts markets across the globe.
‘Active’ BTC Supply Reaches Highest Level in Over a Year
In today’s “Chart of the Day” segment, Christine Lee presents a chart illustrating that the supply of “active” bitcoin, which is BTC that has been moved between addresses within the last 24 hours, is at its highest level in over a year. As bitcoin held by smaller address saw a steep uptick, it is highly possible that crypto is being used as a safe haven for those affected by the Russia-Ukraine war.
Chef Hoppie: If You’re Using Social Media to Create a Fictional Character, You’re Doing It Wrong
After his appearance on “New Money” with Spencer Dinwiddie and Solo Ceesay, Chef Hoppie joins CoinDesk’s “After Show” to catch up with Ceesay and answer viewer questions. “Social media is supposed to promote who you are, not turn you into something,” he says.
How Influencers Stay True to Themselves While Building a Fanbase
In this episode of “New Money” hosts Spencer Dinwiddie and Solo Ceesay speak with basketball nonprofit organizer Naya Rose, football player and LGBT advocate Jake Bain, and celebrity-chef Chef Hoppie about their differing experiences as online personalities.
Charles Schwab to Offer First In-House Crypto ETF to Clients
“The Hash” discusses why Schwab Asset Management is preparing to offer its first in-house crypto product, the “Schwab Crypto Economy,” recognizing that client demand for entry points into the cryptocurrency space is increasing among investors.
How Shake Shack Is Trying to Capture Younger Consumers by Offering Bitcoin Rewards
In a promotion intended to attract younger customers, burger chain Shake Shack is offering customers 15% back in bitcoin on any purchase made with Cash Card, a debit card available to Cash App users.
Venezuela’s Maduro Announces 18-Fold Increase to Minimum Wage, Pegged to Official Cryptocurrency
According to a Bloomberg report, Venezuela President Nicolas Maduro announced a 18-fold increase in Venezuela’s monthly minimum wage to roughly 126 bolivars ($28) by pegging it to the value of half a petro, the government’s cryptocurrency being the petro (PTR).
Ukraine DAO Founder on Raising Nearly $7M, Support From Vitalik Buterin
Alona Shevchenko, Ukraine DAO founder and an activist, joins “First Mover” to discuss her crypto crowdfunding efforts to support Ukraine in war time, which has raised almost $7 million. Shevchenko explains how her experience with decentralized autonomous organizations led her to create the Ukraine DAO, their collaborative efforts with the Ukrainian NGO Come Back Alive, and the value in the community network of DAOs. Plus, insights on the DAO’s LOVE token and Ethereum founder Vitalik Buterin’s involvement with the project.
Unchain Fund Raises Nearly $2M for Russia-Ukraine, Venture Capital Turns Humanitarian Amid Crisis
Kenny Choo, founding partner at True Global Ventures, joins “First Mover” to speak on the Unchain Fund’s actions to provide humanitarian aid in the Russia-Ukraine war, as the initiative has now raised nearly $2 million.