Altcoins Overtaking Bitcoin’s Dominance in Trading Volume?
Coin Metrics Senior Research Analyst Nate Maddrey says ether and other altcoins have taken bitcoin’s dominance in terms of the trading volume, across institutional and retail, in the last few months. Plus, his analysis on bitcoin liquidations and short-term outlook for bitcoin.
Bitcoin-Focused Investment Funds Suffered Record Redemptions Last Week
Investors redeemed over $140 million NET from bitcoin funds during the seven days through June 4, the highest weekly total on record, according to CoinShares. Is the worst over yet? “All About Bitcoin” host Christine Lee brings us a close look at today’s Chart of the day.
Former Obama Cybersecurity Specialist: Banning Bitcoin to Combat Ransomware Is 'Foolish'
Michael Daniel, the former Special Assistant to President Obama and current Cyber Threat Alliance CEO, discusses bitcoin and cybersecurity concerns in light of burgeoning ransomware attacks on food and oil companies. The former NSC Staff cybersecurity coordinator says banning bitcoin to combat ransomware is "foolish."
El Salvador Commerce Secretary: Bitcoin Won’t Replace Dollar
El Salvador seeks to be the first country to adopt bitcoin as legal tender. Responding to Salvadorans fearful of a full pivot to a bitcoin standard, El Salvador’s Secretary of Commerce and Investments, Miguel Kattán, announced bitcoin would not replace the U.S. dollar.
Colonial Pipeline CEO Testifies in Front of Senate Homeland Security Committee on Ransomware Hack
Joseph Blount, the CEO of Colonial Pipeline, is testifying before Congress Tuesday over his company’s decision to pay an estimated $5 million in bitcoin to the ransomware hackers.
Paraguay to Embrace Bitcoin After El Salvador?
Paraguay may follow El Salvador in announcing meaningful adoption of bitcoin, following a tweet by Paraguay congressman Carlitos Rejala saying a new project will begin this week involving bitcoin and PayPal. Bitcoin.com.py CEO Juanjo Benitez Rickmann joins “First Mover” to discuss the way ahead for crypto adoption in Paraguay.
Bitcoin Suffers Steepest Drop in 10 Days
Andre Portilho, Head of Digital Assets at BTG Pactual, has a crypto markets update and outlook after the price of bitcoin plunged at the highest rate in 10 days.
Bitcoin Could Become Legal Tender in El Salvador
Avik Roy, the president of Foundation for Research on Equal Opportunity and Forbes Policy Editor, joins “All About Bitcoin” to explain why he thinks the U.S. cannot deny bitcoin as a currency once El Salvador establishes it as legal tender.
A Flood of BTC Moving Off Exchanges Since El Salvador President Bukele’s Announcement
El Salvador President Nayib Bukele's goal to make bitcoin legal tender is lifting sentiment around bitcoin. Since his announcement, a flood of BTC has been moving off exchanges at the highest rate since last November. Is that a sign of a bullish trend? “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
Is Bitcoin Still In a Bull Market?
A flood of bitcoin has been moving off exchanges since El Salvador President Nayib Bukele announced the nation is looking to adopt bitcoin as legal tender. Still, the crypto markets remain slightly changed, and the price of bitcoin has yet to rise past $40K. CrossTower Research Analyst Martin Gaspar discusses the short-term trend for BTC.