cdtv

Jeff Dorman, CIO of fund manager Arca, discusses his long-term outlook for bitcoin’s price after the cryptocurrency failed to keep heading higher and remains in a tight range between $46,000 and $50,000. “It’s either worth $0 or it’s worth probably $1 million per token,” Dorman said.

Aug 31, 2021

Edan Yago, a contributor to decentralized bitcoin trading and lending platform Sovryn, discusses his take on the potential positive impact of El Salvador rolling out bitcoin as legal tender despite growing skepticism and local protests just a week ahead of the move taking effect.

Aug 31, 2021

In El Salvador, hundreds of protesters have raised their voices against President Nayib Bukele's Bitcoin Law, making bitcoin legal tender in the country beginning September 7. Meanwhile, the Finance Commission of the Legislative Assembly of El Salvador agreed to create a $150 million bitcoin trust to facilitate exchange between BTC and U.S. dollars. "The Hash" panel discusses the possible bumps on El Salvador's road to bitcoin adoption.

Aug 31, 2021

Crypto venture capital (VC) firm Three Arrows Capital is entering the non-fungible token (NFT) space with the launch of an NFT-dedicated fund named “Starry Night Capital.” The hosts of “The Hash” discuss the latest crypto VC jumping on the NFT bandwagon amid growing interest in institutional NFTs.

Aug 31, 2021

Syndicate, a community-based investment system that simplifies the creation of decentralized autonomous organizations (DAOs), has raised $20 million in a Series A funding round led by Andreessen Horowitz (a16z). Syndicate now has an investor roster of over 150, including Reddit co-founder Alexis Ohanian and rapper Snoop Dogg. DAOs "are the next step for society," host Naomi Brockwell said, suggesting Syndicate heading in the right direction.

Aug 31, 2021

FTX.US, the U.S. arm of Sam Bankman-Fried’s crypto trading empire FTX, is acquiring crypto derivatives firm LedgerX to possibly offer crypto futures, swaps, puts, and calls to retail traders across America.

Aug 31, 2021

John Wu of Ava Labs, which launched the proof-of-stake Avalanche blockchain, discusses his assessment of the booming non-fungible token (NFT) markets. “People sense and see, finally, real use cases… and that’s why there’s a run in the alts,” Wu said, pointing to the benefits of utility on the blockchain, including Ethereum and Avalanche.

Aug 31, 2021

Caitlin Long, founder and CEO of Wyoming-based Avanti Bank, a special purpose depository institution (SPDI) that aims to provide crypto custody services for institutional investors, discusses Avanti’s journey to becoming a Federal Reserve member bank. Plus, insights into the U.S. crypto regulatory landscape, private stablecoins, and Avanti’s new digital asset Avit.

Aug 31, 2021

FTX.US is acquiring crypto derivatives firm LedgerX by October, a move that could pave the way for Sam Bankman-Fried’s crypto empire to offer crypto futures, swaps, puts, and calls to U.S. retail traders, gaining a foothold in the restrictive U.S. derivatives scene. CoinDesk's Nikhilesh De discusses the implications for FTX's expansion given the history of LedgerX and why this is a continuing story to watch.

Aug 31, 2021

China’s The9 launches NFT platform, Hong Kong’s Securities and Futures Commission (SFC) issues crypto warning, and an Indian teen makes thousands from selling NFT art. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

Aug 31, 2021