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Top Crypto Leaders Donate to COVID-19 Relief Fund for India
Top Crypto Leaders Donate to COVID-19 Relief Fund for India India is currently experiencing a devastating second wave of COVID-19 worsened by a medical supply shortage.
Bitcoin Bounces Back Above $53K After Last Week’s Pullback
Bitcoin recovered about one-third of the recent decline from $64.8K to nearly $47K, but what’s behind the bounce? According to Kapil Rathi, CEO of CrossTower, the rise in price could be attributed to various factors, including increased retail investment, decreased leverage in the Asian markets, and signs that institutions bought the dip.
Paxos Becomes the Third Federally Regulated ‘Crypto Bank’
Paxos has received preliminary approval from the OCC to form a national trust bank, making it the third such “crypto bank” to be nationally regulated. Paxos’ General Counsel Dan Burstein joins “First Mover” to discuss what it means to become a crypto bank and if it will affect its partnership with PayPal.
What Is Happening With Turkey’s Crypto Exchanges?
The CEO of Turkey-based crypto exchange Thodex is still missing, along with hundreds of millions of dollars in users’ funds, after the exchange went dark last week. The Turkish government is investigating Thodex’s collapse and threatening further crypto crackdowns. Nik De reviews the situation in Turkey. Plus, an update on regulations in South Korea.
Bitcoin's Price Falls Below $50K
Bitcoin's price dipped below the $50K line earlier today, hitting its lowest point in 48 days, but is this a momentary dip before bitcoin rallies to a new all-time high or the sign of a larger price correction? Christine Lee breaks it down with the Chart of the Day.
Bitcoin’s Outlook for Next Week
By some estimates, bitcoin’s price next week may range from the mid-$50Ks to as low as $29K. “All About Bitcoin” discusses bitcoin’s possible outcomes next week. Plus, an update on the China bitcoin mining situation and a discussion of how institutional investors are responding to the dip.
What's Behind Bitcoin's Plummeting Price?
Between falling hashrates, capital gains taxes, and a substantial sell-off, it's been a hard week for bitcoin. "All About Bitcoin's" Week-in-Review panel weighs in on the biggest events of the week, including a new bitcoin ETF in Canada and Schwab's CEO voicing an interest in crypto.
Signal Founder Hacks Phone-Hacking Tool Cellebrite
As CoinDesk's Ben Powers puts it, Signal has narc'd on the narcs. In a recent blog post, private messaging app Signal creator Moxie Marlinspike announced he hacked Cellebrite's phone-hacking tool and found it full of security vulnerabilities. Cellebrite is a digital intelligence platform that works with law enforcement and governments worldwide, including authoritarian regimes, to extract private data. "The Hash" panel breaks down Marlinspike's revelations.
Bitcoin Leads Price Sell-Off Across Crypto Markets
Amid news that President Biden will implement new tax laws increasing capital gains taxes, the crypto markets are experiencing pronounced sell-offs. Are the markets just temporarily spooked, or is this the sign of an impending bear market? "The Hash" panel debates. Plus, a discussion on "margin calls" and what crypto investors need to know about them.
BitMEX Now Offering Custody and Spot Trading, Expanding Beyond Crypto Derivatives
With a new CEO at the helm, BitMEX is expanding its offerings beyond crypto derivatives. While derivatives will remain at the heart of BitMEX's business strategy, the platform will now offer custody and spot trading. "The Hash" panel discusses BitMEX's shift from being the "Wild West" of crypto to a more mature trading platform.