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btc
Bitcoin Below $22K as Traders React to Kraken Shutting US Crypto-Staking Service
Bitcoin (BTC) is trading below $22,000 as traders react to Kraken shuttering its crypto staking-as-a-service platform for U.S. customers and the crypto exchange's $30 million settlement with the SEC. CoinDesk Crypto Markets Analyst Glenn Williams Jr. shares his markets analysis as the largest cryptocurrency by market capitalization has fallen roughly 7% in the last week.
Whale Investors Sending More Bitcoin to Exchanges
Bitcoin “whales,” or investors who hold over 1,000 BTC, are beginning to move bitcoin back onto centralized exchanges. The trend comes even as on-chain activity shows that smaller investors are removing BTC from exchanges. "All About Bitcoin" host Christine Lee breaks down "The Chart of The Day."
Sam Bankman-Fried Trial Developments; Report Says Ordinals Protocol Triggered Revival in Bitcoin Development
A federal judge rejected a joint request to modify Sam Bankman-Fried's bail conditions to allow him to use certain messaging tools. Separately, research firm FSInsight said in a recent report that the Ordinals protocol has triggered a revival of interest in bitcoin (BTC) development and has led to an increase in average block size as more users join the network.
Bitcoin Has Jumped 35% In Past Month
Andre Portilho, Head of Digital Assets at Brazilian Investment Bank BTG Pactual, discusses his outlook for bitcoin (BTC) as the cryptocurrency hovers around $23,000 after its rally in January. Plus, the future of bitcoin development and adoption.
Bitcoin in the Red for Fifth Consecutive Day
Bitcoin (BTC) is trading down for a fifth straight day, the longest run since falling over six consecutive days in August last year. OANDA Senior Market Analyst of The Americas Edward Moya discusses his BTC outlook and the impact of macroeconomic factors on the crypto markets, noting the recent January jobs report data.
Bitcoin Slips As US Adds 517K Jobs in January
The U.S. added 517,000 jobs in January, according to the Bureau of Labor Statistics (BLS), greatly beating analysts' expectations. Wave Financial Co-Founder and CEO David Siemer discusses the latest economic data and what it means for the crypto markets.
ARK Invest Still Predicts Bitcoin Will Hit $1M by 2030
ARK Invest said in its 2023 "Big Ideas" research report that it still predicts bitcoin (BTC) will close the decade at $1 million because its fundamentals are sound. "The Hash" panel discusses what to make of ARK Invest's continued bullish outlook for BTC.
Could Bitcoin Be a Safe Haven Asset Like Gold?
Gold bottomed out in early November and proceeded to turn higher, leading bitcoin's (BTC) bull revival by nearly two months. Gold's rally has stalled in the past few days, a cause for concern for BTC bulls. "All About Bitcoin" host Christine Lee breaks down bitcoin's relationship to the gold price and U.S. dollar strength on "The Chart of The Day."
Is Bitcoin’s Recent Rally Sustainable?
Bitwise Asset Management Chief Investment Officer Matt Hougan joins "All About Bitcoin" to discuss whether bitcoin's recent rally is sustainable as BTC has been weaving above and below $23,000. Plus, insights on Bitwise's 2023 annual financial advisor survey and outlook for bitcoin spot ETF prospects.
Bitcoin Above $23K as US GDP Rose 2.9% In Q4
Bitcoin (BTC) is regaining lost ground to trade over $23,000 again as the U.S. economy grew at an annual rate of 2.9 percent in the fourth quarter. Delphi Digital Markets Associate Jason Pagoulatos discusses the comeback of bitcoin, ether and other major altcoins. Plus, whether the rally is here to stay.