Bitcoin Returns to Range Below $40K; Support at $35K-$37K
Don Kaufman, TheoTrade co-founder, joins “All About Bitcoin” to share his bitcoin price analysis as macro factors cause volatility in the markets all through the globe. While providing insights on BTC's price action, Kaufman explains how economic instability and fear can influence the price of oil and other assets.
How Bitcoin Is Being Adopted Faster Than the Internet in the 2000s
In today’s Chart of the Day segment, Christine Lee pays homage to Bitcoin on-chain analyst Will Woo by presenting a chart he published last year illustrating bitcoin's adoption rate outpacing that of the internet in the early 2000s. Plus, a look into BTC’s short-term trading range amid negotiations between Russia and Ukraine.
Market Wrap: Bitcoin Stuck Below $40K, Altcoins See Less Selling Pressure
BTC is down 6% over the past 24 hours, compared with a 3% decline in ETH and a 20% rally in STX.
OKCoin and Stacks Pledge $165M to Support Bitcoin-Related Projects
Cryptocurrency exchange OKCoin has pledged $165 million for an initiative called “Bitcoin Odyssey” which will work in conjunction with the Stacks Accelerator and Stacks Foundation to promote bitcoin-adjacent projects on the Stacks network. “The Hash” discusses the significance of bringing new aspects like smart contract functionality to the bitcoin blockchain since it is the most widely used decentralized network.
Inflation Reaches 40-Year High of 7.9%, Can Bitcoin Help Consumers?
"The Hash" discusses what U.S. inflation rates at 7.9%, a level not seen in over 40 years, means for consumers in their necessary expenses and if bitcoin presents a solution to these concerns. Plus, a conversation on other assets like gold as an inflation hedge and rising oil prices following the Russia-Ukraine war.
Visions Federal Credit Union Launches Bitcoin Services Through NYDIG Partnership
Joining “First Mover” to explain their ambition to increase bitcoin accessibility for Americans is NYDIG Chief Innovation Officer Patrick Sells and Visions Federal Credit Union Chief Digital Officer Tom Novak.
Bitcoin Returns to Range Below $40K; Support at $35K-$37K
Pullbacks could stabilize into the Asia trading day.
Is Bitcoin Legal in the United States?
Bitcoin and other cryptocurrencies are regulated by an assortment of rules both at the federal and state level.
What Is Cloud Mining?
Cloud mining is a hands-off way of earning cryptocurrency by renting computing power from third-party sources.
US Inflation Rises to 7.9% in February, Fresh 4-Decade High
Bitcoin, seen by some investors as a hedge against rising prices or dollar devaluation, was little changed after the Consumer Price Index (CPI) report, which closely matched economists' expectations.
