Why Bitcoin Is Pumping, Improving Security in Crypto, and More!
This Week on Unchained: Don't miss the interviews with Alex Thorn from Galaxy and samczsun, head of security at Paradigm.
After a week in which bitcoin nearly hit its all-time high, Alex Thorn, head of firmwide research at Galaxy, joins Unchained to discuss the pivotal role of exchange-traded funds (ETF) inflows in bitcoin’s recent price surge, the nuanced behaviors of long-term versus short-term holders, and the potential impacts of upcoming halvings and institutional involvement on the market’s future trajectory.
Alex offers deep insights into the market value to realized value Z-score, explaining its relevance in assessing bitcoin’s valuation. He also delves into the implications of major financial institutions such as Merrill Lynch and Wells Fargo embracing Bitcoin ETFs for their clients. Furthermore, Thorn speculates on the timing and conditions for an “altcoin season” and shares his price predictions for bitcoin by the end of the year.
Listen to the episode on Apple Podcasts, Spotify, Fountain, Overcast, Podcast Addict, Pocket Casts, Pandora, Castbox, Google Podcasts, Amazon Music, or on your favorite podcast platform. Or watch it on YouTube.
Well-known white hat hacker and head of security at Paradigm samczsun recently took the wraps off a new security organization called the Security Alliance (SEAL) that offers a 911 hotline for immediate response to security threats, runs war games to simulate potential security incidents, and provides a safe harbor agreement to protect white hat hackers from legal liabilities.
He joined Unchained to discuss why he and his fellow white hat hackers decided to start the Security Alliance and how it operates, how the safe harbor agreement works, the measures he takes to maintain his anonymity and why, the top security measures people in crypto should take to protect themselves, and what attack areas in crypto Sam still considers “scary.”
Listen to the episode on Apple Podcasts, Spotify, Fountain, Overcast, Podcast Addict, Pocket Casts, Castbox, Google Podcasts, Amazon Music, or on your favorite podcast platform. Or watch it on YouTube.
In Case You Missed It 👀
Here are some of the most important news of this week:
Should You Sell Bitcoin Now That It’s Nearing Its All-Time High?
While some investors seemed ready to take profits as the price of bitcoin surged past $60,000 on Wednesday, many others seemed content to hold.
Ethereum’s Dencun Upgrade Can’t Come Soon Enough as Gas Fees Surge
Ethereum users say they are spending upwards of $100 on gas fees for swaps and NFTs during peak times. The upcoming Dencun upgrade will lower fees, but there is a caveat.
Why Spot Ether ETFs Likely Won’t Steal Bitcoin’s Thunder — Even if Staking Is Included
Some providers are hoping to integrate staking into the US spot ether ETFs to generate additional income. However, the addition is unlikely to turn many investors’ heads away from spot bitcoin ETFs.
SEC Commissioner Peirce Expresses Regret Over ‘Regulatory Ambiguity’ at ETHDenver
SEC commissioner Hester Peirce participated in a fireside chat at ETHDenver on Thursday, talking about how “strange” the SEC’s approach to regulation through enforcement has been.
2024 Is the Biggest Global Election Year Ever, So What Does That Mean for Crypto?
Elections in various parts of the world, from India to the US, will have significant implications for digital assets this year.
ETHDenver Comes at a Critical Time for Ethereum: Here’s What to Expect
This year’s ETHDenver finds itself at the convergence of several significant events in the crypto space.
Yuga Labs to End Support for NFT Marketplaces That Don’t Respect Royalties
Eighteen collections from NFT heavyweight Yuga Labs will only trade on royalty-enforcing marketplaces starting Tuesday. However, this will not include Yuga Labs’ most famous and most traded collections, CryptoPunks and Bored Ape Yacht Club.
Victims’ Fund for Genesis Creditors Could Set a Major Precedent in Crypto Bankruptcy Cases, If Approved
A settlement agreement between the New York Attorney General and bankrupt lender Genesis includes a victims’ fund that addresses harm done to Genesis creditors and seeks to compensate them accordingly. But will it actually get approved? A hearing on the agreement will take place today.
Read the Weekly Recap!
🤓 Learn With Unchained
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