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Celsius files for bankruptcy; Crypto unfazed by US inflation

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Welcome to The Daily Forkast – July 14, 2022 – presented by Joel Flynn.

Coming up on today’s show:

Celsius files for bankruptcy after paying off hundreds of millions of dollars of loans.

Meanwhile in the markets, Bitcoin bounces back after US CPI hits 41-year high.

MATIC skyrockets as Polygon joins Disney accelerator.

Bitcoin hashrate slumps to lowest in over five months amid 100-degree-plus weather in Texas.

And finally, questions over Circle’s USDC reserves linger despite reassurances.

We’ll have more on those stories — and other news shaping the cryptocurrency and blockchain world — in this episode of The Daily Forkast July 14.

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