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What Does Biden’s $6T Spending Plan Mean for Bitcoin?
Reports of President Biden’s $6 trillion spending plan were expected to give bitcoin’s price a bump, but the market is still flat. Is this a sign that “Crypto Winter” is upon us? “All About Bitcoin’s” Week Ahead panel discusses bitcoin’s stagnation and whether it indicates that the bear market is almost here.
Examining the ‘Consensus Bump’ Phenomenon
According to internal CoinDesk lore, the price of bitcoin jumps slightly before every annual Consensus conference. According to data from this year, it looks like the pattern held, but is it a real phenomenon or just a coincidence? “All About Bitcoin’s” host Christine Lee breaks it down in the Chart of the Day.
Meet the Nebraska State Senator Spreading Blockchain Adoption to Farmers
Nebraska State Senator Carol Blood is on a mission to bring blockchain technology to her state's agricultural industry. Blood joins "First Mover" to share her thoughts on how blockchain tech can help Nebraska's farmers with every aspect of the agricultural process. "We have to keep our farms moving forward," Blood said. "I see technology as that next step."
Regulatory Highlights From Consensus 2021
Consensus 2021 featured dozens of prominent speakers and newsmakers, including governors and federal policymakers such as Fed governor Dr. Lael Brainard. CoinDesk’s regulatory reporter Nik De shares his favorite regulatory moments from Consensus 2021.
Bitcoin, Ether Down as Corrective Phase Continues
Bitcoin remains in a corrective phase under $40K. Is the sell-off over, or is there another drop on the horizon? Nicholas Pelecanos, head of trading at NEM, joins "First Mover" to weigh in. Plus, his thoughts on whether the drawdowns signal the end of the bull market.
Stellar Invests $15M in AirTM to Boost Financial Access in Latin America
The Stellar Foundation has invested $15M in AirTM, a Mexico-based peer-to-peer crypto exchange. The foundation’s investment aims to improve access to digital payments in Latin America and boost Stellar’s presence in the region. Denelle Dixon of the Stellar Foundation joins “First Mover” to discuss AirTM and the foundation’s future investment plans across the developing world.
Crypto Crimes Surge in Asia; Bitcoin Reasons for Divorce in South Korea
South Korea has lost $5 billion due to crypto-related crime over the past five years as fraud and scams surge across Asia. China’s Sichuan province looks to weigh the effects of a crypto mining ban on the region’s hydropower generation. Back in South Korea, crypto is becoming a reason for couples to get divorced. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Brian Brooks: Excluding Crypto Banks From Fed System Is ‘Dangerous’
In an interview at Consensus 2021 Thursday, Binance.US CEO and former Acting Comptroller of the Currency Brian Brooks spoke out against what he sees as the “politicization” of the banking system. “The Hash” panel breaks down Brooks’ statements and discusses Binance.US’s future.
Could Rapper Soulja Boy’s Tweet Shilling Token Attract SEC Trouble?
Rapper Soulja Boy is under fire for a tweet Wednesday that promoted a new altcoin called SaferMars but accidentally included a disclosure telling the rapper how much he would make from promoting the project.
Binance's CZ on Bitcoin: 'I Don't Think Anyone Can Shut it Down Now'
Several governments have tried to ban bitcoin outright, and others, including China, have made threats and enacted policies that make it difficult for crypto companies to operate, but can bitcoin really be killed? According to Binance CEO Changpeng "CZ" Zhao, it's too late. "The Hash" panel weighs in.