Bitcoin’s status as the dominant player within the digital currency space could be eclipsed by new blockchain-based use cases that offer more features and greater flexibility, Austin Federa, Head of Strategy at Solana Foundation, tells Kitco’s Matt Nesto.

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Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, interviews Caitlin Long, CEO of Custodia Bank, who says there is a coordinated effort from within the White House “to kill” the crypto industry. Long adds that a “civil war” is happening inside the Biden administration, which is divided into anti- and pro-crypto camps. She also discusses the state of ‘Operation Choke Point 2.0,’ Custodia’s lawsuit against the Federal Reserve, gives her Bitcoin Price outlook, and talks about the U.S. 2024 election.

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00:00 – Intro
01:20 – Operation Choke Point 2.0
07:34 – Custodia’s legal action against the Fed
15:53 – Why is there a big push against the crypto sector
19:03 – Who is leading the anti-crypto army?
26:35 – Bitcoin halvings and U.S. election cycles
33:53 – Bitcoin outlook
36:48 – The Fed and macro outlook
40:18 – Custodia
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Kitco News is the gold standard in precious metals, commodities, cryptocurrencies, mining, and financial news.

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For breaking news, views, charts, and data on precious metals, cryptocurrencies, and financial markets – visit us at https://www.kitco.com

To get market updates on the go, download the Kitco Gold Live! APP – https://applications.kitco.com

Stay connected:

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Live gold price and chart: https://www.kitco.com/gold-price-today-usa/
Live silver price and chart: https://www.kitco.com/Silver-price-today-USA/
Live crypto market data: https://www.kitco.com/price/crypto/

Learn more about Kitco News: https://www.kitco.com/news/about/

For more information on advertising, sponsorship and marketing promotions – please visit our online media kit at: www.kitco.com/advertising

Disclaimer: The videos are not intended to provide trading advice, and the views expressed do not necessarily reflect those of Kitco Metals Inc. Kitco News, its anchors, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News.
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