This Week in Crypto: Bitcoin's Weak Rally, Filing Taxes, and Regulation
This week's episode of Cheddar's Crypto Craze tackles the latest news and trends in this emerging market. Cheddar's Baker Machado and Brad Smith speak with Fortune Senior Writer Jen Wieczner about the latest headlines.
Bitcoin hovering around the $10,000 mark, but it is still down 50 percent from where it was in December. Wieczner says things are still on the upswing.
This week trading cryptocurrency on Robinhood's platform became available for free, but the roll-out has been gradual. "It's only in five states right now," says Wieczner. "There's still 1.4 million on the waitlist just to trade crypto."
Gregory Constantine, co-founder and CEO of carbon utilization firm Air Company, joined Cheddar News to discuss its agreement with the U.S. Air Force to create sustainable aviation fuel.
The Swiss attorney general’s office says it has opened a probe into the events surrounding embattled bank Credit Suisse, which is to be taken over by rival UBS.
According to a Wall Street Journal report, McDonald's is closing its U.S. offices this week ahead of planned layoffs. The report cited an internal memo that told managers to stay home through the week, so they can inform employees of the layoffs virtually.
