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btc
Bitcoin in Pullback Mode; Is It Due for Lower Lows?
Octavio Marenzi, CEO of capital markets consultancy Opimas, discusses bitcoin’s next move as the world’s largest cryptocurrency by market cap is down about 3% over the past 24 hours as buyers continue to take profits.
Crypto Adoption Shifts to Emerging Markets as China, US Drop in Chainalysis Global Rankings
Most bitcoin is traded on exchanges with central order books, but some are traded peer-to-peer (P2P). A new Chainalysis chart reveals smaller, emerging markets outside the U.S. and China are growing faster in crypto trading activity by this measure relative to what can be seen in the world's two largest crypto markets. CoinDesk's Galen Moore breaks down the Chart of the Day.
Chainalysis Exec on Why Emerging Markets Are Top of the 2021 Global Crypto Adoption Ranking
Blockchain forensics firm Chainalysis has released its 2021 global crypto adoption index, an annual report on bitcoin adoption by country worldwide. Kimberly Grauer, Chainalysis Director of Research, breaks down this year’s findings and what they suggest about the global state of crypto and emerging markets.
Michael Saylor’s MicroStrategy Buys Another $177M of Bitcoin
Business analytics software provider MicroStrategy has repurchased bitcoin after a brief lull, adding another 3,907 BTC worth about $177 million to its vast trove of the original cryptocurrency totaling 108,992 BTC. "The Hash" squad discusses the outlook for Michael Saylor's company as it continues to establish itself as the industry's premier bitcoin institutional holding firm.
BitGo CEO Talks Bitcoin, Crypto Regulation, WBTC
Over the past 30 days, bitcoin is up about 40%, trading at just below $50,000, although it is likely to face resistance towards the $55,000 mark. Mike Belshe, CEO of crypto custodian BitGo, discusses the potential catalyst for the rally and how much of the current regulatory environment has to do with the crypto markets. Plus, his outlook on the growth of wrapped bitcoin (WBTC).
Bitcoin Breaks $48K for First Time Since May
Bitcoin is up 6% over the last 24 hours and has broken the $48,000 mark for the first time since May. "All About Bitcoin's" Week in Review panel discusses this watershed moment, Bitcoin's Lightning Network passing new milestones, the potential impact of the global Blockstream Satellite network on mining, and Japan's Liquid Global exchange hack.
Messari CEO Ryan Selkis on Bitcoin, Stablecoins and Crypto Regulation
Bitcoin is down about 1.3% over the past 24 hours. The next support is seen at the $42,000 breakout level, which could stabilize the pullback. Messari Founder and CEO Ryan Selkis discusses his positive analysis and outlook for bitcoin, explaining why he’s a “perma-bull.”
Bitcoin Showing Signs of ‘Short-Term Fatigue’ Near $50K
Bitcoin reveals signs of short-term fatigue near the $50,000 level and is also beginning to flag signs of profit-taking in the short term. Still, BTC is up about 60% year-to-date, thanks to a strong shilling by bullish traders throughout the first half of August.
State of Bitcoin: ‘Calm Before the Storm?’
As bitcoin’s short-squeeze rally takes a breather, the world’s largest cryptocurrency by market cap is stalling ahead of the $50,000 resistance level and remains stuck in a sideways range.
