THE HASH: Crypto-Related Stocks Spike on Bitcoin's Price Rally; SEC Is Beefing Up With Lawyers for Crypto Crackdown

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4.7 • 698 Ratings

🗓️ 11 April 2023

⏱️ 26 minutes

🔗️ Recording | iTunes | RSS

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Summary

The most valuable crypto stories for Tuesday, April 11, 2023. This episode is sponsored by Filecoin Foundation. "The Hash" tackles today's hot topics: Bitcoin’s price crosses over $30K and crypto-related stocks are also seeing big spikes. The SEC is hiring more attorneys for its crypto enforcement unit. The IMF joins the call for more international crypto regulation. Plus, the Winklevoss twins reportedly personally loaned their Gemini platform $100 million. See also: Bitcoin Approaches $30K, Reaching Highest Price Since June SEC Is Adding Attorneys to Crypto Enforcement Unit Winklevoss Twins Lent Their Crypto Platform Gemini $100M: Bloomberg - This episode has been edited by Ryan Huntington. The senior producer is Michele Musso and the executive producer is Jared Schwartz. Our theme song is “Neon Beach.” - Connect with the Filecoin community at the Filecoin Network Base in Austin, April 24-26, ahead of Consensus 2023. Register today at networkbase.io/austin. And find us on the Consensus show floor in the Protocol Village, presented by Filecoin Foundation. See you in Austin! - Join the most important conversation in crypto and Web3 at Consensus 2023, happening April 26-28 in Austin, Texas. Come and immerse yourself in all that Web3, crypto, blockchain and the metaverse have to offer. Use code THEHASH to get 15% off your pass. Visit coindesk.com/consensus. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:00.0	This episode is sponsored by Filecoin Foundation.
0:11.2	This is the hash podcast.
0:14.0	Stay informed with the latest on Bitcoin, Eith, the Metaverse, Web3, and more.
0:19.1	All on the hash for your ears.
0:22.7	You're listening to the Coin Desk Podcast Network.
0:26.6	Hey there.
0:27.8	Welcome to The Hash here on CoinDest TV.
0:30.3	I'm Zach Seward.
0:31.0	That's Wendy O and Will Foxley.
0:32.8	It's a Tuesday.
0:33.8	Let's do this thing.
0:35.0	Will, looks like Bitcoin is moving northward. What's going on? Let's
0:39.2	talk about it. Let's go. Bitcoin is up. Past 30K guys that happened late last night. Pretty awesome
0:45.1	move over the last 24 hours, you've seen a 6% gain in the price of Bitcoin. Bitcoin
0:49.0	correlated stocks like Coinbase marathon, micro strategy. They're all up at least 5%. And some of these Bitcoin buying stocks are even up over 10%.
0:57.0	A lot of Bitcoin stocks or stocks correlated with Bitcoin,
1:00.8	how I trade like beta plays.
1:01.9	So whenever Bitcoin goes up, they're going to go up even more.
1:04.7	And that trend has only continued with this recent rally.
1:07.2	Of course, this comes after pretty low lows in December.
1:11.6	We're feeling around 16, 15K, and now we're up over 80% year-to-date. So put a little juice in the back
1:17.8	of everyone's pocket right now, which is great. This is also happening amidst tightening in the rest
	...

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