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Bitcoin Hovers Below $25K After Notching ‘Golden Cross' Earlier This Week

Verified Investing Crypto Chief Market Strategist Gareth Soloway joins "All About Bitcoin" to discuss bitcoin's recent price action as crypto traders react to the latest regulatory developments in Asia and the U.S. Plus, his bitcoin price outlook as the largest cryptocurrency by market capitalization notches a "golden cross."

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Bitcoin's 'Golden Cross' Explained

Bitcoin has officially notched a "golden cross," an easy-to-track bullish technical signal indicating that the market's short-term gains have surpassed its long-term gains. Plus, data from Arca Research shows that the past week has seen a growing narrative of Asian flows leading the market strength following signals of more positive crypto regulations in Hong Kong. "All About Bitcoin" host Christine Lee presents "The Chart of The Day."

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Bitcoin Rose Nearly 15% This Past Week; What To Expect From CoinDesk’s BUIDL Week

CoinDesk Managing Editor of Tech and Protocols Brad Keoun discusses the outlook for the bitcoin price in the coming week after the largest cryptocurrency by market capitalization's strong week. Plus, Editor at Large Christie Harkin shares a preview of what to expect from BUIDL Week.

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This New Bitcoin Hardware Wallet Resembles a BlackBerry

Canadian crypto hardware manufacturer Coinkite has designed a bitcoin hardware wallet reminiscent of an old-school BlackBerry phone straight out of the 2000s. CoinDesk Editor at Large Christie Harkin breaks down the details of the soon-to-be-released device dubbed Coldcard Q1.

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Short-Term Bitcoin Traders Are Likely Profiting, Data Suggests

Data from Glassnode and Decentral Park Capital shows bitcoin's STH-SOPR indicator, which shows the degree of realized profit and loss for all coins moved on-chain that have a lifespan of less than 155 days. The indicator has bounced from 1.00. Values greater than 1 suggest coins moved are, on average, selling at a profit. “All About Bitcoin” host Christine Lee breaks down “The Chart of The Day.”

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SEC Charges Terraform Labs, Do Kwon With Fraud; Former FTX Exec Reportedly Plans to Plead Guilty

The U.S. Securities and Exchange Commission (SEC) sued Terraform Labs, the company behind the failed TerraUSD stablecoin, and its co-founder, Do Kwon. Separately, Nishad Singh, the former director of engineering for collapsed crypto exchange FTX, is planning to plead guilty to fraud charges for his role in the alleged scheme, according to Bloomberg.

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Catalysts Behind Bitcoin Breaking Above $25K

Trade The Chain Director of Research Nick Mancini joins "All About Bitcoin" to discuss the market sentiment as bitcoin (BTC) rocketed past $25,000 for the first time since August 2022. Plus, his insights on trading volume from retail and institutional investors.

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Stronghold Digital Mining CEO on Latest Debt Restructuring Deal

Bitcoin miner Stronghold Digital's (SDIG) latest debt restructuring deal will allow the postponement of principal repayments on $54.9 million of debt through June 2024. Stronghold Digital Mining CEO and co-Chairman Greg Beard discusses the firm's strategies to avoid bankruptcy in a crypto winter. Plus, insights on the two-year deal with miner hosting company Foundry for 4,500 miners and reaction to Sen. Elizabeth Warren urging the U.S. government to compel crypto miners to disclose their energy consumption data. CoinDesk and Foundry are both owned by Digital Currency Group (DCG).

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Binance Reportedly Moved Funds From US Affiliate’s Silvergate Bank Account in 2021; CleanSpark Update

Crypto exchange Binance moved around $400 million in funds from Binance US's Silvergate Bank account to a trading firm called Merit Peak, according to a Reuters report. Plus, CleanSpark took advantage of the distressed state of the crypto mining industry to buy 20,000 new rigs at below-market rates, according to a Thursday press release.

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Bitcoin Briefly Tops $25K, Sees 12% Rise in Past Week

Bitcoin (BTC) is soaring to its highest level since August, posting 12% gains in the last week after briefly surpassing $25,000. Plus, bitcoin call options or bullish bets are seeing increased activity in the past 24 hours. "All About Bitcoin" host Christine Lee presents "The Chart of The Day."

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