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What’s Behind Bitcoin’s Price Movement?
CoinDesk Director of Data and Indexes Galen Moore discusses the impact of whale movements, signals, and behaviors in the bitcoin market as BTC is now up over 59% year to date. Plus, his reading of trading activity in stablecoin tether and outlook for crypto regulation.

Institutional Investors Return to Bitcoin Despite US Crypto Tax Plans
Institutional investors aren’t batting a lash at increasing scrutiny of crypto markets by U.S. lawmakers and regulators, with new Glassnode data revealing they are increasingly returning to bitcoin. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

Crypto Regulations in Focus
Adam Berker, Senior Legal Counsel at crypto infrastructure firm Mercuryo.io, discusses what to make of crypto regulatory discussions heating up among U.S. lawmakers. Plus, his take on the potential impact of the $1 trillion infrastructure bill on crypto companies operating in the U.S. and where they might be better suited to set up shop.

Changing Crypto Trading Patterns Reveal the Market’s Power Shift to the West
A recent blockchain analysis revealed that on Coinbase, Gemini and Kraken, exchanges that are more popular among users in the West, the average weekend bitcoin trading volume is growing relative to the average weekday volume, pointing to a dramatic shift in trading patterns this year from Asia to North America and Europe.

What’s Going On With Poly Network?
An address associated with the hacker who allegedly drained cross-chain decentralized finance (DeFi) platform Poly Network of roughly $600 million Tuesday has started to return the funds. “The Hash” panel discusses what’s going on with Poly in the largest hack in crypto history and what it could indicate for the future of DeFi regulation.

PNC Bank Planning Crypto Offering With Coinbase
PNC Bank, the fifth-largest commercial bank in the U.S. in assets, plans to work with crypto exchange Coinbase to offer crypto investment services to clients. This comes on the heels of Coinbase posting its higher-than-expected second-quarter earnings that sent prices of its COIN shares soaring.

SEC Chair Gary Gensler Wants Greater Authority and Resources to Regulate Crypto
In a letter to U.S. Senator Elizabeth Warren, Securities and Exchange Commission (SEC) Chairman Gary Gensler said Congress should grant the SEC greater authority and resources to crack down on the crypto sector.

Soccer Legend Leo Messi Drops First NFTs
Enter: The Messiverse. Iconic soccer player Lionel Messi is teaming up with the Ethernity platform and digital design firm BossLogic to launch his first official non-fungible tokens (NFTs). "The Hash" team discusses the latest sporting legend jumping on the NFT bandwagon, bringing blockchain awareness to the masses.

‘Bitcoin Is A Rocket Ship,’ Says Tech Industry Veteran
Guy Gotslak, President & Co-Founder of crypto investment platform My Digital Money, discusses bitcoin’s next move as it remains in a long-term uptrend. “We might see a little resistance, but I believe long-term, it’s a rocket ship,” Gotslak said. Plus, why he doesn’t think crypto regulation has a significant impact on market activity.

What US Senate’s $3.5T Budget Plan Could Mean for Crypto
U.S. senators voted along party lines to support a $3.5 trillion blueprint for President Joe Biden’s agenda. This includes the $1 trillion infrastructure bill that passed Tuesday, which included contentious tax reporting provisions on the crypto community.
