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btc
Warren Buffett and Charlie Munger Blast Bitcoin, but They Are Wrong
During Berkshire Hathaway’s annual shareholder meeting, investment tycoons Warren Buffett and Charlie Munger shared some controversial opinions on bitcoin, with Munger describing the digital asset as “stupid” and “evil.” “The Hash” group discusses Buffett’s long-standing history of opposition towards BTC and why Ethereum might have more appeal to him.
BTC and ETH Drop More Than 30% Over the Past Year
Returns over the past year for 14 out of all CoinDesk top 20 assets, the top 20 digital assets based on verifiable dollar volume and exchange listings, illustrate a sea of red. ETH and BTC show more than 30% price declines.
Hut8 CEO on Bitcoin Mining, ESG Concerns, Spot ETF
Hut8 CEO Jaime Leverton discusses her firm’s competitive edge in the crypto mining industry and addresses the environmental concerns of proof-of-work consensus mechanisms. Plus, what a spot bitcoin ETF could mean for U.S. markets.
Genesis CEO on Bank and Investor Sentiment Toward Bitcoin
Genesis CEO Michael Moro shares his bitcoin price analysis, noting a long-term bullish sentiment among investors despite a recent decrease in trading volume. Plus, his take on the Central African Republic’s decision to adopt bitcoin as legal tender and the attitude of major banks toward BTC.
BTC Swings Upward, Faces Resistance at $43K
Bitcoin turned upwards after five days of wayward performance, remaining in a tight trading range with support at $37,000 and initial resistance at $43,000. Plus, current market sentiment among buyers and analysts as “All About Bitcoin” host Christine Lee presents the “Chart of the Day.”
Bitcoin Is Now Legal Tender in Central African Republic
CoinDesk's Nikhilesh De discusses the Central African Republic’s decision to adopt bitcoin as legal tender, following El Salvador as the second country to do so. De explains how currently the two nations’ economies are dependent on foreign powers, possibly driving them to digital assets as a means of self-sovereignty.
ETF Trade Flows Dip as Bitcoin Drifts Between $37K-$45K
As Australia prepares for its first bitcoin exchange-traded funds, ETF traders are exiting the Canada-based 3iQ Coinshares bitcoin ETF while BTC trends between $37,000 and $45,000. Plus, a conversation about a noted compression in premiums as “All About Bitcoin” host Christine Lee presents the “Chart of the Day.”
Bullish Uptick in BTC Price and Possible Short Squeeze Signals
CoinDesk Markets Analyst Damanick Dantes shares his bitcoin price analysis, noting bullish momentum and possible signs of an upcoming short squeeze. Plus, BTC put-call ratios and the current state of Bitcoin’s supply.
THNDR CEO on Bitcoin Payments, Crypto Adoption, Lightning Network
Desiree Dickerson, CEO of THNDR, which builds mobile games where players can earn bitcoin paid out over Lightning, discusses bitcoin payment solutions and hurdles for mass BTC adoption. Plus, why she’s bullish on the Lightning Network.
Study: 60% Of Salvadorans Quit Chivo Wallet After Receiving BTC Incentive
According to a report published by the U.S. National Bureau of Economic Research, only four out of 10 Salvadorans who downloaded the state-run bitcoin (BTC) wallet Chivo said they still use it after obtaining the $30 bitcoin incentive. “The Hash” group discusses the global narrative of bitcoin adoption and the political neutrality of its technology.