Crypto Jitters on Banking Risks
Bitcoin plunges below a psychologically important threshold. Plus, what you need to know about Flare Network.
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Show Notes
Bitcoin fell below $20,000 as fears of rising interest rates and a banking rout spread through the industry. After the fall of Silvergate Capital, another notable, tech-friendly regional bank is under pressure. Ash Bennington and Santiago Velez, co-founder of Block Digital and today’s co-host, are here to discuss the market moves. Plus, the New York Attorney General says ether is a security in a lawsuit, U.S. President Joe Biden wants to slap bitcoin miners with a 30% excise tax, and the U.S. Department of Justice is trying to block Binance.US' acquisition of Voyager Digital. Later, Hugo Philion, the CEO and co-founder of Flare Network, will join us to cover the layer-1 blockchain, Flare’s recent token airdrop, and new developments.
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