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The Use Case for Twitter Competitor Nostr
Many crypto advocates are seeing the value of censorship-resistant social media since Twitter went private. As part of CoinDesk's Projects to Watch 2023, Damus founder Will Casarin joins "All About Bitcoin" to discuss the future of decentralization in social media platforms.
'Worst-Case Scenario' for Coinbase Would be for Crypto Exchange to Leave the U.S.: Analyst
Coinbase (COIN) has obtained a license to offer its services in Bermuda as part of its international expansion efforts, the firm announced in a blog post on Wednesday. Edward Moya, OANDA Senior Market Analyst for The Americas, reacts to these latest developments and shares his bitcoin price analysis.
Bitcoin's Move Below 20-Day Moving Average Signals Sign of Weakness
Bitcoin closed below the 20-day moving average (DMA) on Wednesday, according to data from TradingView, signaling a sign of weakness. The last time the cryptocurrency traded below the 20-DMA was in mid-March. “All About Bitcoin” host George Kaloudis presents “The Chart of the Day.”
Do Kwon Reportedly Faces Montenegro Indictment; Tesla's Bitcoin Holdings Update
According to a report from Bloomberg Law, prosecutors in Montenegro have submitted an indictment proposal for Terraform Labs co-founder Do Kwon. Separately, electric car maker Tesla (TSLA) did not buy or sell any bitcoin in the first quarter of 2023, the company reported in its latest earnings release.
Bitcoin Inches Toward $29K Amid Sell-Off Pressures
Prosper Trading Academy Cryptocurrency Educator Howard Greenberg joins "All About Bitcoin" to discuss why bitcoin (BTC) is sliding down towards $29,000 and how an extension up to $32,500 could be possible.
How Gridless Uses Bitcoin Mining to Power Rural Africa
African crypto miners have found a way to bring electricity to rural communities with bitcoin mining. As part of CoinDesk's Projects to Watch 2023, Gridless co-founder Erik Hersman joins "All About Bitcoin" to discuss how Gridless operates with microgrids and the state of bitcoin adoption in Africa.
Bitcoin Miners' Balance Slides
The number of bitcoin (BTC) held in miners' wallets declined by about 800 BTC last week, a sign that those responsible for minting coins are beginning to run down their coin stash again. The miner selling, however, accounts for less than 1% of bitcoin's average daily trading volume of over $20 billion, suggesting a negligible bearish impact on the cryptocurrency's price. "All About Bitcoin" host George Kaloudis breaks down "The Chart of the Day."
Machankura Lets Africans Use Bitcoin With Basic Mobile Phones
Bitcoin maximalist Kgothatso Ngako has brought global digital financial services to Kenya, South Africa and other countries where at least half the population doesn’t have smartphones and reliable internet service. As part of CoinDesk's Projects to Watch 2023, Machankura catalyst Kgothatso Ngako discusses the inspiration behind the project and the state of bitcoin adoption in Africa.
Bitcoin Reclaims $30K: What's Next?
Truflation founder Stefan Rust joins "All About Bitcoin" to discuss bitcoin's price movement around the $30,000 level and his BTC outlook amid systemic inflation. Plus, reaction to Balaji Srinivasan's bet that bitcoin will reach $1 million.
Intel Discontinues Bitcoin Mining Chip Series; Unchained Capital Raises $60M
Chipmaking heavyweight Intel (INTC) is ending production of its bitcoin mining chip series, the company said in a statement to CoinDesk. Separately, Unchained Capital has completed a $60 million Series B funding round led by Valor Equity Partners, including crypto asset-management giant NYDIG.