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btc
What’s Behind Bitcoin’s Rally Above $21K?
CoinDesk’s Markets Managing Editor Brad Keoun discusses the week’s top events moving the crypto markets as bitcoin surges above $21,000 to its biggest daily gain in six months. Plus, CoinDesk Tech Managing Editor Christie Harkin discusses Coinbase backing the Tornado Cash suit against the U.S. Treasury and what this means for BTC.
Bitcoin Supply per Whale Drops to Lowest Since December 2020
Bitcoin's (BTC) supply per whale, or large investor, has dropped to its lowest level since December 2020, suggesting a low probability of a bull revival in the near term. Yet, the number of BTC on the Lightning Network continues to make all-time highs. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Bitcoin Above $19K at 'Pivotal Point': Strategist
Verified Investing Crypto Chief Market Strategist Gareth Soloway discusses his outlook for the crypto markets and why we're looking at a "pivotal point" for bitcoin (BTC) amid global macro headwinds.
CleanSpark Exec on ‘Secret’ to Expanding in Bear Market
Bitcoin (BTC) miner CleanSpark (CLSK) has purchased 10,000 new mining rigs for $28 million after credits and discounts, a significant markdown from the manufacturer’s listed price. CleanSpark Chief Financial Officer Gary A. Vecchiarelli discusses his “secret” to expanding during a bear market and the impact of the market downturn on miners.
Bitcoin Breaking Summer Bullish Trend Amid Macro Pressure
Prosper Trading Academy CEO Scott Bauer discusses his bitcoin (BTC) outlook as the cryptocurrency appears to have broken out of the summer's bullish momentum amid macro headwinds, hovering around $19,000. Plus, his take on the PoolinWallet mining pool suspending withdrawals.
Bernstein: Bitcoin Underperforming Against Rivals; Vermont Regulator Alleges Celsius Misled Investors
Investment firm Bernstein wrote Tuesday that bitcoin (BTC)’s correlation with other tokens will weaken as its dominance declines. Vermont authorities allege crypto lender Celsius Network misled investors about its financial health.
Bitcoin Futures Trading Hits Record Level
Bitcoin-denominated open interest in futures and perpetuals rose to a record high of over 565,000 BTC, currently worth over $10 billion. Funding rates are negative, both trends signaling the market is leaning bearish in anticipation of a continued market downtrend. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Bitcoin Below $19K, Lowest Point in 2 Months
Bitcoin (BTC) fell as low as $18,680 Tuesday morning to a point not seen since late June amid a broader market sell-off. AdvisorShares CEO Noah Hamman discusses the potential factors driving prices lower. Plus, how the AdvisorShares Managed Bitcoin Strategy ETF (CRYP) compares to the ProShares Bitcoin Strategy ETF (BITO).
Breaking Down Bitcoin's Summer Price Performance
It's been a rough summer for bitcoin (BTC), shaving off over 30% since June. "All About Bitcoin" host Christine Lee breaks down how bitcoin has performed during the summer months from 2015 to present, and what they reveal about the cryptocurrency's next move.
Future of Nigeria’s Booming Crypto Scene
Nigeria showed more interest in crypto than any other country since the markets began to decline in April, according to a study by price tracker CoinGecko. WomenInDeFi Brand Strategist Umeh Chinonye discusses her outlook on the state of crypto in Nigeria.