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CleanSpark Exec on ‘Secret’ to Expanding in Bear Market
Bitcoin (BTC) miner CleanSpark (CLSK) has purchased 10,000 new mining rigs for $28 million after credits and discounts, a significant markdown from the manufacturer’s listed price. CleanSpark Chief Financial Officer Gary A. Vecchiarelli discusses his “secret” to expanding during a bear market and the impact of the market downturn on miners.
Bitcoin Breaking Summer Bullish Trend Amid Macro Pressure
Prosper Trading Academy CEO Scott Bauer discusses his bitcoin (BTC) outlook as the cryptocurrency appears to have broken out of the summer's bullish momentum amid macro headwinds, hovering around $19,000. Plus, his take on the PoolinWallet mining pool suspending withdrawals.
Bernstein: Bitcoin Underperforming Against Rivals; Vermont Regulator Alleges Celsius Misled Investors
Investment firm Bernstein wrote Tuesday that bitcoin (BTC)’s correlation with other tokens will weaken as its dominance declines. Vermont authorities allege crypto lender Celsius Network misled investors about its financial health.
Bitcoin Futures Trading Hits Record Level
Bitcoin-denominated open interest in futures and perpetuals rose to a record high of over 565,000 BTC, currently worth over $10 billion. Funding rates are negative, both trends signaling the market is leaning bearish in anticipation of a continued market downtrend. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Bitcoin Below $19K, Lowest Point in 2 Months
Bitcoin (BTC) fell as low as $18,680 Tuesday morning to a point not seen since late June amid a broader market sell-off. AdvisorShares CEO Noah Hamman discusses the potential factors driving prices lower. Plus, how the AdvisorShares Managed Bitcoin Strategy ETF (CRYP) compares to the ProShares Bitcoin Strategy ETF (BITO).
Breaking Down Bitcoin's Summer Price Performance
It's been a rough summer for bitcoin (BTC), shaving off over 30% since June. "All About Bitcoin" host Christine Lee breaks down how bitcoin has performed during the summer months from 2015 to present, and what they reveal about the cryptocurrency's next move.
Future of Nigeria’s Booming Crypto Scene
Nigeria showed more interest in crypto than any other country since the markets began to decline in April, according to a study by price tracker CoinGecko. WomenInDeFi Brand Strategist Umeh Chinonye discusses her outlook on the state of crypto in Nigeria.
Nigerians Flock to Crypto as the Naira Weakens
Some Nigerians are turning to bitcoin (BTC) to hedge against the naira's drop in value amid a collapsing economy. Paxful Deputy General Counsel Jude Ogene and Africa Blockchain Institute Head of Research Oluwaseun Adepoju discuss the role of crypto as a potential tool for financial freedom. Plus, WomenInDeFi Brand Strategist Umeh Chinonye discusses the impact of Web3 and DeFi in Nigeria.
Exploring Crypto's Impact on the Black Community
"Community Crypto" host Isaiah Jackson is joined by Black Bitcoin Billionaires Co-founder Lamar Wilson, BTC Impact! Co-founder Kim Booker, and Top Prospect Inc. CEO Eddie Davis to discuss how bitcoin (BTC) and blockchain technology at large can help financially empower the Black community, citing the upcoming Blackout conference.
What's Behind Bitcoin Slipping Below $20K?
Bitcoin (BTC) dipped below $20,000 as investors face a tough start to the month following a 14% decline in August. CoinDesk's Brad Keoun and Christie Harkin discuss the week's top stories moving bitcoin's price and the wider crypto markets.