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today Apple Netflix and JPMorgan get name dropped in a list of FTX creditors Senator Elizabeth Warren praises the secs efforts to Wrangle the crypto industry and calanthia may of mass of Finance explains the future of soul-bound nfts [Music] welcome to cnbcs crypto world Im Tanaya McKeel cryptocurrencies are turning higher this morning after two days of losses by Newton Eastern Bitcoin Rose about half a percent trading just above 23 thousand dollars ether meanwhile Rising about one percent and cardano jumping more than three percent to get more contact on the crypto Market we spoke to Brent Shu of Umi for his take on bitcoins Outlook Bitcoin and ethereum prices theyre like an index for technological development in the crypto industry its essentially a call option on web3 technology succeeding and theyre also leading indicators for other protocols in the ecosystem so in the broader crypto ecosystem the market is anticipating something like the Shanghai upgrade for ethereum and i