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Ether-Bitcoin Ratio Rises to 3 1/2-Year High as Crypto Crashed
Bitcoin tanked last week, pulling the broader crypto market lower. Meanwhile, the ether-bitcoin ratio rose 13%, reaching a three-and-a-half-year high and registering its best weekly performance since May. Is the "flippening" approaching? "The Hash" panel discusses the potential factors behind the crazy crypto markets' action.
Bitcoin Confined to Familiar Range as Stocks Rise Ahead of Payrolls Data
New data on bitcoin's price movement reveals the cryptocurrency is continuing to trade in a familiar range as traditional markets exhibit improved risk appetite, with investors eyeing the release of the U.S. monthly employment report. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Bitcoin Drops Below $56K as Momentum Slows, Support at $53K
Bitcoin sellers were active Friday, pushing the cryptocurrency toward the bottom of its weeklong price range. Lower support at about $53,000 could stabilize the current pullback. “All About Bitcoin’s” Week in Review panel discusses the week’s events that could have brought BTC to this low point and Square’s pivot after renaming itself as Block.
Jury Decision in Kleiman v. Wright Postponed to Next Week, Bitcoin Price Momentum Watch
The jury postponed their decision on the historic bitcoin trial Kleiman v. Wright to Monday. Meanwhile, watching the bitcoin price momentum, when will bitcoin break out from its rangebound nature? CoinDesk's George Kaloudis and Brad Keoun weigh in and discuss what to expect from the upcoming House Financial Services Committee hearing with CEOs from six major cryptocurrency companies, including FTX and Circle.
ConstitutionDAO Raising Funds for Free Ross Movement
ConstitutionDAO, the group that raised $47 million last month to buy a copy of the U.S. Constitution but failed, is now pledging funds for the Free Ross Movement. The Free Ross organization is selling an NFT collection of Silk Road founder Ross Ulbricht's works with charitable aims. "The Hash" squad discusses the latest instance of decentralization technology breaking barriers to entry.
Goldman Sachs, Other Wall Street Banks Exploring Bitcoin-Backed Loans
Goldman Sachs is reportedly among a handful of tier-one U.S. banks figuring out how to use bitcoin as collateral for cash loans to institutions. "The Hash" panel discusses the latest continuation of Wall Street's embrace of the crypto industry.
Are Memes the Future of Money?
Shiba inu (SHIB) and dogecoin (DOGE) are just two of many meme coins that have made headlines this year in the crypto space, but are they setting the trend for the future of money? “The Hash” hosts discuss the phenomenon behind the meme economy and community.
New York Bitcoin Miner Greenidge Under Fire for Climate Impact
U.S. Senator Elizabeth Warren (D-Mass.) has sent a letter to bitcoin miner Greenidge Generation’s (GREE) asking for more details about the environmental impact of its mining operation in New York State. "The Hash" team discusses the latest collision of politics and crypto mining.
NFT Privacy Concerns, AussieMates Raises Mental Health Awareness
BadgerDAO suffers US$120 million exploit. Showing off NFTs as a security risk. AussieMates to raise mental health awareness with an NFT project. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
When Will Bitcoin Break Out of Rangebound?
Bitcoin is trading near $57,000 at press time, extending a three-day-long consolidation in the familiar range of $55,800 to $59,300. Mark Elenowitz, president of trading software firm Horizon Fintex, discusses the potential impact of Omicron, inflation worries, regulation, and other factors he’s continuing to watch to indicate a breakout could be near.