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El Salvador Watchdog to Investigate Government Bitcoin Purchases, ATMs
The Court of Accounts in El Salvador received a complaint on Sept. 10 from the regional human rights and transparency organization Cristosal over the government’s handling of bitcoin purchases and subsequent crypto ATMs. The public management watchdog will investigate the complaint.
Black Friday for Korean Exchanges, E-CNY Launch in Final Stretch
South Korea crypto exchanges face strict new regulations in just seven days. E-CNY launch in final stretch. On the ground in El Salvador as bitcoin is put to the test. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
BTC Large Transactions Volume Hits 2-Year High
Blockchain metrics show bitcoin’s latest breakout above key resistance is back by renewed interest from large investors. The so-called “large transaction volume” has hit a two-year high of over 10 billion BTC in bitcoin terms. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
MidChains CEO on UAE’s Crypto Landscape
As of this February, cryptocurrencies including bitcoin, ether, and stablecoin tether have been accepted as a form of payment at the KIKLABB free trade zone in Mina Rashid, Dubai, which became the first UAE government to officially embrace bitcoin.
XBTO CEO: Bitcoin ‘Absolutely’ Going Up From Here
Amid an ongoing trend of "whales" or large BTC holders accumulating their positions, Philippe Bekhazi, founder and CEO of institutional crypto and liquidity provider XBTO Group, discusses the bullish short-term outlook for bitcoin. Plus, insights into XBTO's partnership with Inter Miami CF, institutional interest in altcoins, crypto regulations, and more.
Ray Dalio: If Bitcoin Is Really Successful, Regulators Will ‘Kill It’
“The Hash” panel discusses their reactions to Bridgewater Associates founder Ray Dalio’s assessment of bitcoin, who said regulators would ultimately take control of the cryptocurrency if it achieves mainstream success. “The bitcoin revolution is because we finally have a money that can’t be shut down,” host Naomi Brockwell said. Could bitcoin ever be completely “killed?”
Golden Cross Appears in BTC Chart, Confirming Bullish Trend
New data reveals bitcoin has formed a golden cross on its daily price chart, a rare but closely tracked pattern that generally occurs when an asset is on an upswing. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
JST Capital Co-Founder on Embracing Bitcoin's Volatility
Scott Freeman, a partner and co-founder of crypto services firm JST Capital based in the U.S. and Singapore, discusses his crypto markets assessment and outlook, explaining why he likes volatility. "The more volatility, generally, the better we do in the markets," Freeman said, although he claims bitcoin's current rangebound nature is challenging the volatility strategy. Plus, his take on Solana, DeFi landscape, crypto regulation, and more.
Coinbase Exec: Bitcoin Asset Class Is Becoming Institutional
John D’Agostino, Institutional Head of Strategic Partnerships at Coinbase, discusses insights into bitcoin's institutional activity, growth, and demand as the crypto exchange looks to raise $2 billion through a private debt offering. Plus, his take on the wider crypto markets and crypto regulation amid the SEC cracking down on Coinbase.
Viridi Funds CEO: 'Bitcoin Could Reach $110K Next Year'
Bitcoin is recovering after Monday's volatile sell-off. Wes Fulford, CEO of registered investment advisor Viridi Funds, discusses his analysis, price forecast, and adoption outlook for bitcoin. "In a year's time, we're somewhere around $110,000 per coin for BTC," Fulford said. Plus, he explains $RIGZ, a new exchange-traded fund (ETF) that invests in clean crypto mining firms.