Bitcoin Falls Below $22K After Kraken's SEC Settlement
Bitcoin (BTC) and ether (ETH) are dropping after crypto exchange Kraken's $30 million settlement with the U.S. Securities and Exchange Commission. DFD Partners President Bilal Little shares his analysis of the crypto markets and why he thinks we might be in the early innings of the next crypto bull cycle.
Legal Expert Weighs in on Craig Wright Losing Bitcoin Copyright Claim in UK Court
The file format of the Bitcoin blockchain can’t be protected by copyright, a U.K. judge has found, ruling against self-proclaimed inventor Craig Wright. Louise Abbott, partner at Keystone Law, discusses the court's response after the judge said the file format of Bitcoin – the sequence of a header and list of transactions that together form a block – can’t be treated like a literary work because Wright can’t show how they were first recorded.
Bitcoin Network Activity Sees Uptick Amid Ordinals Protocol Popularity: Report
Network activity on the Bitcoin blockchain has hit a level not seen since China banned crypto miners in May 2021, according to data from CryptoQuant. The uptick stems from the popularity of the Ordinals protocol, which allows NFTs to be stored on Bitcoin. Okcoin Chief Operating Officer Jason Lau reacts to the report.
FTX Bankruptcy Judge Allows Company to Subpoena Bankman-Fried; Craig Wright Loses Bitcoin Copyright Claim in UK Court
U.S. Judge John Dorsey ordered that FTX's new leadership and its official creditor committee can subpoena the crypto exchange's founders and former executives, including Sam Bankman-Fried. Plus, the file format of the Bitcoin blockchain can’t be protected by copyright, a U.K. judge has found, ruling against self-proclaimed inventor Craig Wright.
Bitcoin Has Jumped 35% In Past Month
Andre Portilho, Head of Digital Assets at Brazilian Investment Bank BTG Pactual, discusses his outlook for bitcoin (BTC) as the cryptocurrency hovers around $23,000 after its rally in January. Plus, the future of bitcoin development and adoption.
Bitcoin Network's Block Size Outlook
New Fundstrat data shows Bitcoin's mean block size has increased since the Ordinals protocol, which allows for NFTs to be stored on Bitcoin's blockchain, started to gain traction towards the end of January. Separately, the Bitcoin Lightning Network has reached an all-time high in terms of capacity, or the amount of bitcoin locked in payment channels, according to The Block. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Bitcoin Lightning Network Developments
CoinDesk Editor at Large Christie Harkin discusses the latest news surrounding Bitcoin's Lightning Network, a second layer on top of the Bitcoin blockchain that uses user-generated micropayment channels to conduct transactions more efficiently. "The Hash" panel weighs in on what the future holds for the Lightning Network.
Bitcoin in the Red for Fifth Consecutive Day
Bitcoin (BTC) is trading down for a fifth straight day, the longest run since falling over six consecutive days in August last year. OANDA Senior Market Analyst of The Americas Edward Moya discusses his BTC outlook and the impact of macroeconomic factors on the crypto markets, noting the recent January jobs report data.
Craig Wright’s UK Case Against 16 Bitcoin Developers To Go To Full Trial
The U.K. Court of Appeal ruled that a claim by Craig Wright's Tulip Trading against 16 Bitcoin developers should go to trial in London. The claim was originally dismissed in March 2022. CoinDesk Editor at Large Christie Harkin discusses what to expect. And, CoinDesk Co-Regional News Chief for the Americas Stephen Alpher shares his outlook on bitcoin's February seasonal performance.