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Bankman-Fried's Bond Co-Signers Identified, Bitcoin Foundation Founder Reacts

Charlie Shrem, Bitcoin Foundation founder and "The Charlie Shrem" show host, shares his reaction to Sam Bankman-Fried’s bond co-signers being revealed. Andreas Paepcke and Larry Kramer put up $200,000 and $500,000, respectively. Paepcke is a senior research scientist while Kramer is a former dean of Stanford Law School. "I can't believe it. I'm so surprised," Shrem said. 

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Bitcoin Foundation Founder on Future of Bitcoin

Bitcoin Foundation Founder and "The Charlie Shrem" show host Charlie Shrem discusses his crypto journey and the outlook for the Bitcoin Network as activity on the blockchain hit a two-year high, according to a report by CryptoQuant. Plus, his reaction to the latest developments regarding Sam Bankman-Fried's legal proceedings.

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Bitcoin Breaks Above $23K: What's Next?

Joey Krug, investor and co-founder of Augur and Eco, discusses his outlook for bitcoin (BTC) as the largest cryptocurrency by market capitalization climbs above $23,000 on the heels of new inflation data and Federal Reserve Vice Chair Lael Brainard's departure from the central bank for the White House.

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Bitcoin's Network Value to Transaction Ratio Declining

Bitcoin's annualized rolling three-month basis, or the difference between prices in futures and spot markets, is declining. Arcane analysts suggest institutional speculators are more concerned than their offshore peers. Meanwhile, Bitcoin's Network Value to Transaction Ratio (NVT) is around 45, an 82% premium versus its average since 2014, revealing that BTC may be trading at a compelling valuation. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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Sam Bankman-Fried's Bond Co-Signers Revealed; Bitcoin Hashrate Hits 300 EH/s Mark

Stanford University's Andreas Paepcke and Larry Kramer were revealed to be former FTX CEO Sam Bankman-Fried's bond co-signers. Bankman-Fried's parents are both Stanford instructors. Paepcke is a senior research scientist while Kramer is a former dean of Stanford Law School. Separately, computing power on the bitcoin network, or hashrate, reached 300.65 exahash per second (EH/s) Wednesday as miners got some breathing room amid a bitcoin price rebound and a decline in energy prices.

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Bitcoin Above $22K 'Remarkable' Sign of Resilience: ProChain Capital President

Bitcoin (BTC) remains above $22,000 despite increased regulatory pressure on the industry after Kraken's $30 million SEC settlement and Paxos receiving a Wells Notice. ProChain Capital President David D. Tawil shares insights into BTC's resilience amid macro headwinds and the impact of CPI data. Plus, takeaways from Tuesday's Senate Banking Committee hearing on safeguarding financial digital assets.

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Senate Banking Committee Holds Hearing on Financial Safeguards for Cryptocurrency

The Senate Banking Committee hosted a hearing Tuesday called "Crypto Crash: Why Financial System Safeguards are Needed for Digital Assets." Crypto Council for Innovation Head of Government Affairs Brett Quick, who was at the hearing, discusses the key takeaways and the next steps in the push for "very badly needed federal regulatory clarity that the industry has been asking for."

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Bitcoin’s UTXOs Are Close to All-Time High

Unspent transaction output (UTXO) count of bitcoin (BTC) is ticking upwards, set to challenge its all-time high of 84.6 million from November 2022, when there was a flurry of on-chain activity as traders tried to escape the wreckage of FTX's collapse. UTXO refers to the individual units of bitcoin, called satoshis, or sats, that are locked in transactions on the blockchain. CoinDesk's Christine Lee presents "Chart of the Day."

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Bitcoin Rises As U.S. Inflation Rose Slightly in January; Three Arrows Capital Founders Create 'Open Exchange'

Bitcoin saw small gains Tuesday after the U.S. Bureau of Labor Statistics revealed that the consumer price index (CPI) for January rose 0.5% versus 0.1% a month earlier, in line with economist forecasts. The Wall Street Journal reports the founders of failed hedge fund Three Arrows Capital are launching a $25 million crypto exchange venture at the end of the month. And, the Senate Banking Committee hosted a hearing called "Crypto Crash: Why Financial System Safeguards are Needed for Digital Assets."

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Bitcoin Below $22K Ahead of CPI Report

TheoTrade co-founder Don Kaufman joins "All About Bitcoin" to discusses whether bitcoin (BTC) has hit bottom and how the largest token by market capitalization will react to Tuesday's consumer price index (CPI) data. Plus, what a strong dollar could mean for risk assets and his outlook on a potential capitulation event.

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