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Inflation Reaches 40-Year High of 8.5%, Can Crypto Help?
The inflation rate in the U.S. have yet again reached a 40-year high of 8.5% amid geopolitical uncertainty. “The Hash” group discusses whether or not bitcoin can be used as an inflation hedge and its steady price action following the Consumer Price Index (CPI) announcement.
Indian Taxes Hit Trading; Bored Apes Movie Debut
India tax breaks crypto’s back. Crypto follows broader market down as pandemic and inflation concerns persist. Bored Apes get animated in partnership with Coinbase. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Virgil Griffith Faces Sentencing in New York Court Today
CoinDesk Managing Editor for Global Policy and Regulation Nikhilesh De discusses the trial of former Ethereum developer Virgil Griffith; who will face sentencing today in New York for violating international sanctions against North Korea.
US Inflation Surges to New 40-Year High, What That Means for Crypto
GSR Markets’ Benoit Bosc discusses the current state of the crypto markets as the U.S. Consumer Price Index (CPI) rose to 8.5%, hitting a new 40-year high. Meanwhile, bitcoin and other digital assets are trading down.
Waves Founder on Alleged Alameda Research FUD Campaign
Waves Founder and Lead Developer Sasha Ivanov explains why he believes Alameda Research has orchestrated a FUD campaign against Waves to manipulate the price volatility. Plus, a conversation about future development plans for the Waves ecosystem.
BTC Approaching $37-$40K Support Following Bitcoin 2022 Conference
Arca’s David Nage discusses his take on why BTC is approaching a support zone of only $37-$40K amid the excitement of the Bitcoin 2022 conference in Miami and the Luna Foundation Guard’s ongoing BTC purchasing spree. Nage tells why bitcoin is a “supply and demand asset,” noting possible sell-offs as investors prepare their taxes.
How ‘Taro’ Could Bring Stablecoins and NFTs to Bitcoin
CoinDesk Research Analyst George Kaloudis discusses the announcement of the Taproot-powered protocol Taro (Taproot Asset Representation Overlay). Kaloudis explains Taro’s potential to bring new assets like stablecoins and NFTs to the Bitcoin network and its proposed use of “embedded consensus” technology.
BTC’s 60-Day Correlation With S&P 500 Nears All-Time High
A chart from CoinMetrics indicates bitcoin’s 60-day correlation with the S&P 500 is nearing its all-time high after a dip in late February. Plus, the dollar index (DXY) reaching two-year highs today as “All About Bitcoin” host Christine Lee presents the “Chart of the Day.”
Why Elon Musk Backed Out of Twitter Board Seat
Elon Musk has reversed his decision to join Twitter’s board of directors after becoming the company’s largest outside shareholder and campaigning for the addition of an “edit” button. “The Hash” group discusses a recent SEC filing that might explain Musk’s choice and how the tech billionaire wants to influence the social media platform.