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Bitcoin Slips for Second Consecutive Day, Touching 10-Day Low
Bitcoin (BTC) fell for a second straight day on Thursday, dropping to a 24-hour low of $28,401. Options Insights Founder Imran Lakha shares his crypto markets analysis. Lakha also closely examines ETH's realized spikes following the successful Shanghai upgrade.
House Financial Services Committee Hold First Hearing on Stablecoins in 2023
The House Financial Services Committee held its first hearing on stablecoins in 2023 on Wednesday in connection with a discussion draft bill created by Reps. Maxine Waters (D-Calif.) and Patrick McHenry (R-N.C.) last year and that was published over the past weekend. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De explains why some key Democrats are bringing into question the chances for U.S. stablecoin legislation that the crypto industry has been relying on as the first real oversight effort from Congress.
EU Parliament Greenlights Crypto Licensing, Funds Transfer Rules
Lawmakers in the European Union on Thursday voted 517-38 in favor of a new crypto licensing regime, Markets in Crypto Assets, popularly known as MiCA. John Ehlers, Chief Operating Officer of Bitstamp, which has operated in the E.U. for over a decade, reacts to this landmark vote and how it may impact crypto exchanges.
Bitcoin Falls Below $29K; Ether Slips Below $2K
Bitcoin (BTC) fell further on Thursday, touching a 10-day low. Bitcoin "was starting to exhaust itself," Options Insights founder Imran Lakha said, adding that it's "passing the baton on to Ethereum."
Bitcoin, Other Cryptos Fall as Investors Book Profit
Bitcoin (BTC) is trading below $29,000 and ether (ETH) has also fallen below the key $2,000 level. Those market updates and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."
Bitstamp COO on Future of EU’s Crypto Licensing Regime
Lawmakers in the European Union on Thursday voted 517-38 in favor of a new crypto licensing regime, MiCA, with 18 abstentions, making it the first major jurisdiction in the world to introduce a comprehensive crypto law. Bitstamp Chief Operating Officer John Ehlers and CoinDesk Regulatory Reporter Jack Schickler weigh in on the latest developments.
Bitcoin Inches Toward $29K Amid Sell-Off Pressures
Prosper Trading Academy Cryptocurrency Educator Howard Greenberg joins "All About Bitcoin" to discuss why bitcoin (BTC) is sliding down towards $29,000 and how an extension up to $32,500 could be possible.
How Gridless Uses Bitcoin Mining to Power Rural Africa
African crypto miners have found a way to bring electricity to rural communities with bitcoin mining. As part of CoinDesk's Projects to Watch 2023, Gridless co-founder Erik Hersman joins "All About Bitcoin" to discuss how Gridless operates with microgrids and the state of bitcoin adoption in Africa.
Bitcoin Miners' Balance Slides
The number of bitcoin (BTC) held in miners' wallets declined by about 800 BTC last week, a sign that those responsible for minting coins are beginning to run down their coin stash again. The miner selling, however, accounts for less than 1% of bitcoin's average daily trading volume of over $20 billion, suggesting a negligible bearish impact on the cryptocurrency's price. "All About Bitcoin" host George Kaloudis breaks down "The Chart of the Day."
Rep. French Hill Addresses Significance of Stablecoin Legislation
Rep. French Hill (R-Arkansas) addresses the potential uses of stablecoins in the payment system and the significance of clear legislative framework in his opening remarks at the House Financial Services Subcommittee's hearing.