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Could Curacao Adopt Bitcoin as Legal Tender?
Pete Kroll, crypto OG and director of BTC Curacao, which strives to teach the people and businesses of Curacao about bitcoin, discusses his take on the state of crypto in the Caribbean islands and why it could be gravitating toward digital currencies. Plus, the potential opportunities and challenges of bitcoin adoption in Latin America as El Salvador's currency law rolls out in three weeks.
What the ‘Smart Money’ Flow Index Reveals About Bitcoin
Glassnode data shows the so-called smart money flows out of exchanges continue to reign supreme. Generally, “smart money” dominates exchange flows, according to Zerocap. If bitcoin is leaving exchanges, it can indicate an intention to hold. Conversely, when bitcoin moves onto exchanges, it can indicate an intention to sell.
BTC Daily Trading Volume Highest Since June 22
According to Arcane Research, as BTC's price spiked over $40K Monday, bitcoin's daily trading volume jumped over $9 billion in its highest climb since June 22nd. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.