Market Color

by The CrossTower Team

Season 1

Crypto Market Cap | Journalist claims to identify 2016 DAO hacker & FTX gaming unit | Market Color

CrossTower’s Research Analyst, Martin Gaspar, talks latest and greatest crypto news and market trends with our Trader, Chad Steinglass, and Data Analyst, Katherine Webb. Tune in to learn more about: • Journalist Laura Shin and blockchain analytics firm Chainalysis claim to have discovered the identity of the hacker who stole 3.64 million in ETH from the DAO in 2016. • State Senator Sydney Kamlager-Dove has filed Senate Bill 1275, in the state of California which "would authorize a state agency to accept cryptocurrency as a method of payment for the provision of government services," according to the bill. • Nayib Bukele has tweeted “I’m sending 52 legal reforms to congress, to remove red tape, reduce bureaucracy, create tax incentives, citizenship in exchange for investments, new securities laws, stability contracts, etc. The plan is simple: as the world falls into tyranny, we’ll create a haven for freedom.” • Bitpanda has acquired Trustology, a custodian for both digital assets and DeFi, and will use the acquisition to improve its Bitpanda Pro offering for professional investors. • FTX.US is launching its own gaming unit called FTX gaming, to encourage more game publishers to embrace cryptocurrencies, blockchain networks and NFTs. • Grayscale Investments®, announced the launch of a campaign to educate and encourage American investors to submit comments on its application with the SEC to convert Grayscale Bitcoin Trust to a Spot Bitcoin ETF. & remember to… subscribe to our channel and never miss a crypto update! Follow CrossTower on Twitter: Follow CrossTower on Twitter: https://twitter.com/crosstower_ex .. Follow CrossTower on .. LinkedIn: https://www.linkedin.com/company/cros... Visit our Website: https://crosstower.com/ + Sign up for our research reports and market insights here: https://crosstower.com/institutions/research-alerts/

S1 · E72

Feb 23, 2022

9:42

Crypto Market Cap | Colorado to accept crypto tax payments & FBI crypto crime unit | Market Color

CrossTower’s Research Analyst, Martin Gaspar, talks latest and greatest crypto news and market trends with our Trader, Chad Steinglass, and Data Analyst, Katherine Webb. Tune in to learn more about: • Ontario Provincial Police and Royal Canadian Mounted Police have now ordered all regulated financial firms to stop facilitating transactions from 34 crypto wallets tied to funding trucker-led protests in the country. • Chainalysis’s recent ‘Crypto Crime Report’ shows that 4,068 criminal whales (roughly 4% of all whales) are holding more than $25 billion worth of crypto. • Twitter has added the ability for users to add their Ethereum wallets to their profile allowing ETH and other ERC-20 tokens to be ‘tipped’ to other users. • Sequoia Capital is launching a $500-600 million crypto fund, called The Sequoia Crypto Fund, which will invest primarily in tokens listed on exchanges. • Castle Island Ventures has raised $250 million for its Castle Island Ventures III fund, which will be used to target start-ups involved in building monetary networks, financial services and internet architecture such as web3. • Yield Street announced a partnership with Pantera to allow retail users of its platform to invest in the crypto market. • Blockchain Life 2022 will take place in Moscow from April 20th to 21st, this will be the 8th international forum on blockchain, cryptocurrencies and mining. • A greenhouse in North Brabant, Rotterdam, is being heated by Bitcoin Bloem mining which occurs in the same greenhouse. & remember to… subscribe to our channel and never miss a crypto update! Follow CrossTower on Twitter: Follow CrossTower on Twitter: https://twitter.com/crosstower_ex .. Follow CrossTower on .. LinkedIn: https://www.linkedin.com/company/cros... Visit our Website: https://crosstower.com/ + Sign up for our research reports and market insights here: https://crosstower.com/institutions/research-alerts/

S1 · E71

Feb 18, 2022

9:18

Crypto Market Cap | NYSE files for NFT trading & US draft bill on stablecoin | Market Color

CrossTower’s Research Analyst, Martin Gaspar, talks latest and greatest crypto news and market trends with our Trader, Chad Steinglass, and Data Analyst, Katherine Webb. Tune in to learn more about: • Bloomberg has reported that hackers have stolen $21 million BTC and $15 million ETH from accounts held with IRA Financial Trust, citing an anonymous source. • During a hearing on stablecoins from the President’s Working Group on Financial Markets saw Nellie Liang, the Treasury undersecretary and person who spearheaded the PWG report on stable coin speak. • New Jersey Rep. Josh Gottheimer has released an early draft of legislation that is aimed at placing definitions around stablecoins. • SIMBA Chain announced its acquisition StrongSalt, and will use this to scale its privacy and secure storage-focused offerings, while fully integrating high-performance data functionalities for its customer base, this effort will initially be based around its NFTs products. • NYSE has filed with the U.S. Patent and Trademark Office, dated Feb. 10, indicated plans for an NYSE-branded cryptocurrency and a marketplace to buy, sell and trade NFTs. • CryptoPunk #5822 sold for a record-breaking 8,000 ETH ($23.7 million), making it the highest-selling CryptoPunk to date. • ConocoPhillips is selling extra flare gas to bitcoin miners in North Dakota, with the company currently running one Bitcoin pilot project. & remember to… subscribe to our channel and never miss a crypto update! Follow CrossTower on Twitter: Follow CrossTower on Twitter: https://twitter.com/crosstower_ex .. Follow CrossTower on .. LinkedIn: https://www.linkedin.com/company/cros... Visit our Website: https://crosstower.com/ + Sign up for our research reports and market insights here: https://crosstower.com/institutions/research-alerts/

S1 · E70

Feb 16, 2022

11:23

Crypto Market Cap | OpenSea launches new venture arm & Uber CEO discusses crypto | Market Color

CrossTower’s Research Analyst, Martin Gaspar, talks latest and greatest crypto news and market trends with our Trader, Chad Steinglass, and Data Analyst, Katherine Webb. Tune in to learn more about: • Bloomberg has reported that BlockFi is going to pay $100 million to settle an investigation by the SEC and state regulator (including New Jersey, Alabama, Texas, Kentucky and Vermont) which alleged that the company offered a product that paid users high-interest rates in exchange for lending out their digital assets. • A letter dated February 11th to a group of 6 senators (Cynthia Lummis, Mark R. Warner, Rob Portman, Kyrsten Sinema, Pat Toomey and Mike Crapo), which was viewed by The Block states that the US treasury does not plan to treat crypto miners, stakers and wallet providers as brokers for tax purposes. • Both Coinbase and FTX debut advert during the Super Bowl announcing crypto giveaways. This resulted in the Coinbase website experiencing issues quickly after the ad aired and the Coinbase app jumps to #2 on the App Store in the US after the Super Bowl Ad. • OpenSea has launched a venture arm called OpenSea Ventures, which will “provide Web3 developers and NFT creators around the world with the resources they need to build new decentralized economies that give creators, developers, and consumers greater freedom and ownership.” • Uber CEO Dara Khosrowshahi was asked during a Bloomberg interview if the company planned to accept crypto as payments in the future and his response was “Absolutely. At some point. This isn't the right point, but we will." • From March 9, the PancakeSwap, DEX on BSC will reportedly start blocking access to Iranian IP addresses and nine other jurisdictions (inducing Belarus, Cuba, The Democratic Republic of Congo, Iraq, North Korea, Sudan, Syria, Zimbabwe, and Crimea). & remember to… subscribe to our channel and never miss a crypto update! Follow CrossTower on Twitter: Follow CrossTower on Twitter: https://twitter.com/crosstower_ex .. Follow CrossTower on .. LinkedIn: https://www.linkedin.com/company/cros... Visit our Website: https://crosstower.com/ + Sign up for our research reports and market insights here: https://crosstower.com/institutions/research-alerts/

S1 · E69

Feb 14, 2022

9:51

Crypto Market Cap | Crypto firms launch coalition & Disney getting into the NFT space | Market Color

CrossTower’s Research Analyst, Martin Gaspar, talks latest and greatest crypto news and market trends with our Trader, Chad Steinglass. Tune in to learn more about: • A group of major cryptocurrency firms including Circle, Anchorage Digital and Huobi Global are forming a new coalition aimed at cracking down on market manipulation in an effort to instill trust in the burgeoning digital asset industry, according to a Reuters report. • A senior manager at the Bank of England said it is “highly unlikely” to develop a retail-facing wallet that could be used to store and spend digital currency, according to The Block. • A decentralized autonomous organization (DAO) set up to support the liberation of WikiLeaks founder Julian Assange from prison has raised 12,569 ETH or around $38.8 million at current prices. • Disney seems to be getting into the NFT space, with a posting looking for a business developer with NFT experience. • Crypto infrastructure developer Qredo has secured an $80 million Series A investment that values it at $460 million. • Crypto asset management firm Arca has closed a $50 million fund dedicated to investing in individual NFTs. & remember to… subscribe to our channel and never miss a crypto update! Follow CrossTower on Twitter: Follow CrossTower on Twitter: https://twitter.com/crosstower_ex .. Follow CrossTower on .. LinkedIn: https://www.linkedin.com/company/cros... Visit our Website: https://crosstower.com/ + Sign up for our research reports and market insights here: https://crosstower.com/institutions/research-alerts/

S1 · E68

Feb 7, 2022

5:59

Crypto Market Cap | Kraken's proof of reserves audit & Gamestop to launch marketplace | Market Color

CrossTower’s Research Analyst, Martin Gaspar, talks latest and greatest crypto news and market trends with our Trader, Chad Steinglass, and Data Analyst, Katherine Webb. Tune in to learn more about: • Wormhole a cross-blockchain bridge has been hacked for over $325 million on Wednesday. • Joshua Jarrett sued the IRS for a refund on the taxes he paid for the block reward he earned in 2019 from unsold Tezos staking rewards. • Hearings on stablecoins before both the House and Senate due in two weeks will feature one witness Nellie Liang, the Treasury’s undersecretary for domestic finance who spearheaded the report stablecoin report will appear on February 15th according to people with knowledge of the hearings. • Chainalysis has announced that it has acquired Abaxx, a data integration, financial intelligence, and domestic and international affairs firm. • GameStop is partnering with Immutable X to launch an NFT marketplace. • A ChainAnylsis report which studies 262 addresses associated with NFT wash trading, found that 59% of NFT wash traders have been unprofitable, but the successful NFT wash traders studied have profited over $8.8 million. • Kraken announced its implementation of next-generation auditing standards that are designed to let clients prove their bitcoin and ether balances are backed by real assets held in their custody. • The Crypto Carbon Ratings Institute (CCRI), released a report calculating the electricity consumption and carbon footprint of 6 (Cardano, Solana, Polkadot, Avalanche, Algorand and Tezos) PoS blockchains. & remember to… subscribe to our channel and never miss a crypto update! Follow CrossTower on Twitter: Follow CrossTower on Twitter: https://twitter.com/crosstower_ex .. Follow CrossTower on .. LinkedIn: https://www.linkedin.com/company/cros... Visit our Website: https://crosstower.com/ + Sign up for our research reports and market insights here: https://crosstower.com/institutions/research-alerts/

S1 · E67

Feb 4, 2022

11:55

Crypto Market Cap | India's new digital asset tax & Solana Labs launches Solana Pay | Market Color

CrossTower’s Research Analyst, Martin Gaspar, talks latest and greatest crypto news and market trends with our Trader, Chad Steinglass, and Data Analyst, Katherine Webb. Tune in to learn more about: • New malware named Mars Stealer, which is a powerful upgrade on the data stealing Oski trojan from 2019 is targeting crypto wallets. • India’s Finance Minister Nirmala Sitharaman has announced a 30% tax on any income generated from the transfer of digital assets. • OpenSea revealed via a Twitter thread that more than 80% of the NFTs minted using its free minting feature were plagiarized, spam or fake. ( • 776 Management (VC firm owned by Reddit co-founder Alexis Ohanian) has announced the news of a $500 million raise which will be used for two new funds where crypto "will be the majority of the portfolio by the end of this year." • FTX is acquiring Liquid Group and its operating subsidiaries, including Quoine Corporation which runs a licensed crypto exchange in Japan. • Amber Group, under its Japanese WhaleFin subsidiary, has announced the acquisition of DeCurret Inc, a Japanese-licensed crypto exchange. • Solana Labs has launched a payments protocol called Solana Pay in partnership with Circle, checkout.com and Citcon, which allows merchants to accept USDC, SOL and other Solana tokens as crypto payments directly from their consumers. & remember to… subscribe to our channel and never miss a crypto update! Follow CrossTower on Twitter: Follow CrossTower on Twitter: https://twitter.com/crosstower_ex .. Follow CrossTower on .. LinkedIn: https://www.linkedin.com/company/cros... Visit our Website: https://crosstower.com/ + Sign up for our research reports and market insights here: https://crosstower.com/institutions/research-alerts/

S1 · E66

Feb 2, 2022

10:27

Crypto Market Cap | Bitcoin's carbon footprint & Google Cloud's digital asset team | Market Color

CrossTower’s Research Analyst, Martin Gaspar, talks latest and greatest crypto news and market trends with Data Analyst, Katherine Webb. Tune in to learn more about: • Visa announced during a recent earnings call that customers made $2.5 billion in payments using crypto-linked cards in Q1 of 2022. • WisdomTree Investments is prepping for the launch of a digital finance application, called “WisdomTree Prime” to allow customers to trade crypto and other financial products, with the app being blockchain-native at launch. • A political action committee, called GMI PAC has been set up by crypto lending leaders to back congressional candidates in the 2022 mid-term election who will "work to give consumers and innovators the opportunity to build and use next-generation technologies services here in America." • Google Cloud is launching a new dedicated digital Asset team to capitalize on Web 3.0 applications. • Jefferies and Credit Suisse are hiring for crypto-related roles within their research divisions. • “The Bitcoin Mining Network” a report published by CoinShare, which includes a detailed study of Bitcoin’s indirect carbon emissions via its mining network, shows that Bitcoin mining accounts for 0.08% of global CO2 emissions. • Internet Computer has released its roadmap which shows plans to integrate with the Bitcoin and Ethereum networks by the end of the year. • LeBron James’s charity Akron is partnering with Crypto.com in a multiyear partnership, to provide blockchain-related education and resources to underserved communities as well as increase innovations and job opportunities in decentralized applications. & remember to… subscribe to our channel and never miss a crypto update! Follow CrossTower on Twitter: Follow CrossTower on Twitter: https://twitter.com/crosstower_ex .. Follow CrossTower on .. LinkedIn: https://www.linkedin.com/company/cros... Visit our Website: https://crosstower.com/ + Sign up for our research reports and market insights here: https://crosstower.com/institutions/research-alerts/

S1 · E65

Jan 31, 2022

6:18

Crypto Market Cap | Fidelity seeks SEC approval for ETFs & Putin backs crypto mining | Market Color

CrossTower’s Research Analyst, Martin Gaspar, talks latest and greatest crypto news and market trends with our Trader, Chad Steinglass, and Data Analyst, Katherine Webb. Tune in to learn more about: • Qubit Finance a DeFi protocol, Ethereum-BSC cross-chain bridge called X-Bridge has been exploited for a loss of $80 million. • The U.S. Federal Reserve said it would hold interest rates near zero. • There will be a virtual meeting on February 8 entitled “Digital Assets and the Future of Finance: The President’s Working Group on Financial Markets’ Report on Stablecoins.” Which will examine the outlook for stablecoin regulation. • A hacker who goes by the alias Kingpin uploaded a YouTube video showing how he was able to crack a Trezor One hardware wallet containing more than $2 million in funds. • Fidelity has filed with the SEC for two new ETFs. • Sanchan Saxena, Coinbase's VP of product, has shown a demonstration of Coinbase new NFT platform to allow users to see what they can expect. • President Vladimir Putin is backing a Russian government proposal to tax and regulate the mining of cryptocurrencies, and in doing so rejected the central bank’s proposal to ban crypto and mining. • CoinShare launching a physically-backed crypto exchange-traded product (ETP) that offers transparent staking rewards and zero management fees. & remember to… subscribe to our channel and never miss a crypto update! Follow CrossTower on Twitter: Follow CrossTower on Twitter: https://twitter.com/crosstower_ex .. Follow CrossTower on .. LinkedIn: https://www.linkedin.com/company/cros... Visit our Website: https://crosstower.com/ + Sign up for our research reports and market insights here: https://crosstower.com/institutions/research-alerts/

S1 · E64

Jan 28, 2022

12:56

Crypto Market Cap | FFIC partners with NYDIG to offer Bitcoin & Youtube NFT feature | Market Color

CrossTower’s Research Analyst, Martin Gaspar, talks latest and greatest crypto news and market trends with our Trader, Chad Steinglass, and Data Analyst, Katherine Webb. Tune in to learn more about: • OpenSea users have seen their NFTs getting sold way below their floor prices because of a UI issue. • The executive board of the International Monetary Fund has recommended that El Salvador discontinue the use of bitcoin as legal tender in the country due to the financial risks and liabilities created. • Republicans on the House Financial Services Committee has written to the committee chair to call for more crypto legislation. • YouTube has revealed in its annual letter to content creators, that they are exploring the idea of allowing content creators to capitalise on NFTs. • Transactions number on Fantom have now exceeded those of Ethereum for the first time on Monday, with 1.2 million transactions were processed on the Fantom network compared to 1.1 million transactions processed by Ethereum for the same 24-hour period. • Flushing Financial Corporation (FFIC) announced it has entered into an agreement with NYDIG, to offer bitcoin services to its customers. • Grayscale Investments has added 25 tokens to its list of tokens under consideration for the Grayscale DeFi Fund and Grayscale Digital Large Cap Fund. • Polymarket, the DeFi prediction platform, has launched new information markets only three weeks after being fined $1.4 million by regulators. & remember to… subscribe to our channel and never miss a crypto update! Follow CrossTower on Twitter: Follow CrossTower on Twitter: https://twitter.com/crosstower_ex .. Follow CrossTower on .. LinkedIn: https://www.linkedin.com/company/cros... Visit our Website: https://crosstower.com/ + Sign up for our research reports and market insights here: https://crosstower.com/institutions/research-alerts/

S1 · E63

Jan 26, 2022

12:23

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