Bitcoin Holds Above $16K Amid FTX Gloom
Prosper Trading Academy Crypto Educator Howard Greenberg gives his crypto markets analysis as bitcoin (BTC) remains steady above $16,000 amid the continued fallout of crypto exchange FTX.
A 'Boat' of Confidence for Bitcoin
Global shipping rates are falling, which could mean lower inflation in the future. That may prompt the Federal Reserve to moderate its pace of rate hikes, which typically lifts the prices of risky assets like stocks and cryptocurrencies such as bitcoin. Christine Lee presents the Chart of the Day.
Bitcoin Outlook in Wake of FTX Implosion
Quantum Economics Bitcoin Analyst Jason Deane discusses his analysis and outlook for bitcoin (BTC) as the cryptocurrency slips on the news of Genesis' crypto-lending unit halting customer withdrawals. Plus, insights into the bitcoin mining industry. Genesis and CoinDesk both operate under Digital Currency Group.
Bitcoin's Next Support Levels Closer to $12K Range
It's now been more than a week since the price of bitcoin hit a two-year low at around $15,600, and price charts suggest a drop down to $13,000 is still possible. Separately, gold-backed cryptocurrencies like PAXG and XAUT have performed positively in the past seven days, decoupling from the broader market swoon. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
'Bitcoin Doesn't Care' About FTX Fallout: Ledger CEO
Ledger CEO Pascal Gauthier discusses the potential contagion concerns following the bankruptcy of FTX. Plus, he shares his outlook on bitcoin, saying in part "bitcoin will be fine, bitcoin doesn't care about all this."
Levels to Watch for Bitcoin as FTX Fallout Continues
Amberdata Director of Derivatives Greg Magadini discusses his bitcoin analysis and outlook amid the stunning collapse of crypto exchange FTX and its former CEO Sam Bankman-Fried. Plus, reactions to BlockFi reportedly preparing for possible bankruptcy, and Japanese crypto exchange Liquid Global halting withdrawals.
Bitcoin Liquidity on Exchanges Falling Amid FTX Collapse
Bitcoin is rising from the depths of red to regain its foothold snugly above $16,000. Its liquidity on major exchanges has deteriorated significantly in the wake of FTX's collapse, with market depth falling to a five-month low of 7,000 BTC. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Ledger Sees Crypto Cold Storage Sales Surging, CEO Says
Pascal Gauthier, CEO of cold wallet maker Ledger, discusses his take on the fallout of digital asset exchange FTX and why he expects interest in cold storage wallets to rise. Plus, the impact of FTX's implosion on bitcoin and the wider crypto industry.
Bitcoin Flirts With $17K as New Report Hints Inflation May Be Easing
Bitcoin (BTC) is trading steadily right below the $17,000 level, as the Producer Price Index for final demand increased 0.2 percent in October. ConsenSys Head Economist Lex Sokolin discusses the U.S. latest economic data and his crypto market analysis as investors grapple with the impact of FTX filing for bankruptcy.
AdvisorShares CEO on Bitcoin’s Bottom, FTX Collapse
AdvisorShares CEO Noah Hamman joins "All About Bitcoin" to discuss whether bitcoin (BTC) has hit bottom amid crypto exchange FTX's rapid collapse. Plus, his crypto investing strategies as the industry learns its lessons from the FTX fallout.