Bitcoin

On the heels of Amazon denying plans to accept bitcoin payments by the end of the year, BTC ​is in pullback mode after approaching $40K Monday. Michael McGuire, CEO of digital asset exchange Symbridge, discusses what to make of the apparent upswing and volatility. Plus, how SEC Chair Gary Gensler's response to Sen. Elizabeth Warren's letter due Wednesday might have a dampening effect on the crypto markets.

28 jul 2021

According to Arcane Research, as BTC's price spiked over $40K Monday, bitcoin's daily trading volume jumped over $9 billion in its highest climb since June 22nd. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

28 jul 2021

Amazon has denied the City A.M. report it plans to accept bitcoin payments by the end of the year. While many cited the report as one reason for bitcoin's rebound, the price began retracing some of its gains after a spokesperson for the retail giant confirmed it is false. "The Hash" panel examines the speculative and reactionary nature of bitcoin, discussing Amazon's potential hurdles on the path to crypto adoption.

27 jul 2021

Bitcoin is up about 25% over the past week, despite pulling back after approaching the $40K resistance level on Monday. Frances Coppola, author of "The Case For People's Quantitative Easing," discusses the potential reasons behind bitcoin's bounce. Plus, breaking down the proposed systemic risks of Tether and how it could impact the wider financial markets. "It is a worry," Coppola said.

27 jul 2021

Jordan Belfort, the former stockbroker known as the “Wolf of Wall Street” and current crypto bull, discusses why he thinks stablecoin USDT issuer Tether is a scam. “I’ve been saying that since 2017 that I thought there was a big problem with Tether,” Belfort said.

27 jul 2021

Bitcoin is currently trading its sixth consecutive day in the green after briefly breaking above $40K Monday for the first time since June 16. Trade The Chain Research Analyst Nick Mancini discusses the potential factors driving bitcoin’s rally, examining whether the surge is sustainable in the short term.

26 jul 2021

Responding to a Bloomberg report published Monday suggesting U.S. federal prosecutors are investigating Tether for a possible bank fraud offense conducted years ago, the stablecoin USDT issuer released a statement seemingly implying the report was wrong. CoinDesk's Adam B. Levine unpacks the story and its implications to bitcoin amid rising national concerns over stablecoin risks.

26 jul 2021

A short squeeze appears to have driven BTC prices higher, as those betting on bitcoin heading lower had to sell in quick succession to cover. Short liquidations or forced closure of sell positions due to margin shortage have likely added upward pressure on prices. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

26 jul 2021

Bitcoin rebounded above $39K Sunday. Some suggest the spike could be attributed to an unconfirmed report Amazon is looking to accept bitcoin payments by year’s end and is considering minting its own token by 2022. “The Hash” hosts discuss the legitimacy of the report and its potential impact on the crypto markets.

26 jul 2021

Bitcoin broke back above $39K Sunday in the largest single daily gain in six weeks. BNY Mellon's Ben Slavin shares his analysis on the potential factors driving the BTC spike. Plus, insights into rising institutional demand for crypto services as BNY Mellon begins to custody crypto and outlook for bitcoin ETFs in the U.S.

26 jul 2021