Bitcoin’s Next Move After Dropping to $42K Saturday
Bitcoin IRA COO & Co-Founder Chris Kline discusses his crypto markets update and outlook following bitcoin’s near-20% sell-off over the weekend. Plus, insights into bitcoin demographic trends he’s tracking at his firm.
Craig Wright Found Not Liable for Breach of Kleiman Business Partnership
A federal jury ruled Craig Wright, the Australian who claims to have invented Bitcoin, is clear from all charges but must pay $100 million to W&K Info Defense Research, a company founded by his former business partner Dave Kleiman. The jury was not asked to decide on the identity of Satoshi Nakamoto.
Is Crypto Dead in China?
Bitcoin and the crypto markets continued their slow recovery from this weekend’s pullback. Huobi Brokerage Director Victor Wei discusses the state of crypto in China and the potential impact of the country’s lending situation on price movements. Plus, insights into Huobi’s business operations in China and globally.
What Was the Catalyst for the Crypto Market Weekend Plunge?
Bitcoin is recovering after dropping nearly $10,000 in roughly an hour Saturday to as low as around $42,000. GlobalBlock CEO Rufus Round discusses the potential factors that contributed to the weekend plunge in the crypto markets.
Ether-Bitcoin Ratio Rises to 3 1/2-Year High as Crypto Crashed
Bitcoin tanked last week, pulling the broader crypto market lower. Meanwhile, the ether-bitcoin ratio rose 13%, reaching a three-and-a-half-year high and registering its best weekly performance since May. Is the "flippening" approaching? "The Hash" panel discusses the potential factors behind the crazy crypto markets' action.
Bitcoin Confined to Familiar Range as Stocks Rise Ahead of Payrolls Data
New data on bitcoin's price movement reveals the cryptocurrency is continuing to trade in a familiar range as traditional markets exhibit improved risk appetite, with investors eyeing the release of the U.S. monthly employment report. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Bitcoin Drops Below $56K as Momentum Slows, Support at $53K
Bitcoin sellers were active Friday, pushing the cryptocurrency toward the bottom of its weeklong price range. Lower support at about $53,000 could stabilize the current pullback. “All About Bitcoin’s” Week in Review panel discusses the week’s events that could have brought BTC to this low point and Square’s pivot after renaming itself as Block.
When Will Bitcoin Break Out of Rangebound?
Bitcoin is trading near $57,000 at press time, extending a three-day-long consolidation in the familiar range of $55,800 to $59,300. Mark Elenowitz, president of trading software firm Horizon Fintex, discusses the potential impact of Omicron, inflation worries, regulation, and other factors he’s continuing to watch to indicate a breakout could be near.