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Why Are Altcoins Outperforming Bitcoin?
CoinDesk’s Galen Moore discusses his crypto markets analysis and outlook in response to a chart illustrating altcoins outperforming bitcoin in August. “When you see a chart like this with Cardano and XRP in the top three, that is certainly an indicator of retail froth,” Moore said. Plus, his take on growing institutional interest in crypto.
SEC Commissioner Hester Peirce on Crypto Regulation: 'We Haven't Provided the Clarity We Should'
Responding to U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler saying the U.S. crypto markets won't "last long outside" the current regulatory framework, SEC Commissioner Hester Peirce discusses how she hopes to bring more regulatory clarity around cryptocurrencies. "People are innovating in areas outside of the securities space precisely because we haven't provided the clarity we should be providing," Peirce said. Plus, unpacking the Token Safe Harbor Proposal 2.0 and the potential outlook for DeFi regulation.
Hollywood Powerhouse United Talent Agency Signs CryptoPunks
United Talent Agency (UTA) will represent CryptoPunks, some of the most recognizable faces of the non-fungible token (NFT) industry, for representation across film, TV, video games, publishing and licensing. "The Hash" panel discusses the latest move bringing NFT and crypto awareness to more traditional forms of media, examining the implications for IP rights. Could CryptoPunks be coming to the big screen?
Bitcoin Could Become Payment Option for Twitter’s Tip Jar Feature
A new report revealed that Twitter could soon enable users to tip content creators using bitcoin following the latest update to its “Tip Jar” feature in its beta code, indicating that users will be given bitcoin tutorials.
Decentralized Search Engine ‘Presearch’ Becomes Default Option on European Android Devices
Google is adding private, decentralized search engine Presearch as a default option on all new and factory-reset Android devices sold across the U.K. and Europe. With nearly 70% of smartphone owners in Europe using Android’s operating system, could Presearch erode Google’s dominance in the search engine market?
SEC Chair Gary Gensler: Crypto Platforms Should ‘Ask for Permission’ Rather Than ‘Beg for Forgiveness’
U.S. Securities and Exchange Commission Chair Gary Gensler claimed crypto trading platforms operating today should be “asking for permission” rather than “begging for forgiveness,” saying the U.S. crypto markets won’t “last long outside” the country’s regulatory framework. This comes after Gensler told European regulators crypto has “no border or boundaries.”
SEC Chair Gary Gensler: Crypto Market Won’t ‘Last Long Outside’ Regulatory Framework
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler said Wednesday the crypto markets may struggle to survive in the U.S. outside the country’s regulatory framework. CoinDesk’s Nikhilesh De discusses the potential outcomes for the U.S. crypto regulatory landscape.
BSN to Launch South Korea Portal, Canaan Secures Huge Rig Order
China’s Blockchain-based Service Network to launch portal in South Korea. China’s Canaan secures huge mining rig order from Genesis Digital Assets, and a Korean play-to-earn game explodes in popularity despite a ban in its home country.
LedgerX CEO on Acquisition by FTX.US in Bid for U.S. Crypto Derivatives
Zach Dexter, co-founder and CEO of LedgerX, discusses what’s next for his crypto derivatives firm as it readies to become a wholly-owned subsidiary of Sam Bankman-Fried’s FTX.US by October.
Bitcoin Rangebound, Holding Support Above $46K
Bitcoin registered a series of lower price highs over the past few days as buyers continue to take profits. The cryptocurrency is stuck in a tight range between $46,000 support and $50,000 resistance, and is roughly flat over the past week. CoinDesk's Michael Casey breaks down the Chart of the Day.