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Memecoins on a Tear, Outperforming Bitcoin
New Crypto Watch data shows memecoins like on dogecoin (DOGE) and shiba inu (SHIB) are outperforming bitcoin (BTC). Plus, meme stocks like Bed Bath & Beyond are also surging. "All About Bitcoin" host Lawrence Lewitinn breaks down the Chart of the Day.
What Fed's July Meeting Minutes Mean For Crypto
The U.S. Federal Reserve's July meeting minutes released Wednesday suggest interest rate hikes are likely to continue until inflation comes down significantly. The Bitcoin Layer Founder Nik Bhatia discusses what rising inflation means for risk-on assets, crypto miners, and the broader markets. Plus, his outlook for bitcoin (BTC)'s price movement.
‘Consumer Business Is Dead’ for Bankrupt Crypto Lender Celsius: Expert
Celsius Network has received multiple offers to help restructure. During a Tuesday bankruptcy hearing, the company said it received several proposals to inject cash into the company and won approval from a U.S. judge to sell bitcoin (BTC) that it mines.
Ether Could Overtake Bitcoin’s Market Cap in Next 12 Months: FSInsight
Ether (ETH) has a good chance of exceeding bitcoin (BTC) in market cap over the next 12 months, according to a recent report from FSInsight. Eaglebrook Advisors Director of Research Joe Orsini discusses the prospects of a “flippening” and the possible impact on BTC and the wider crypto markets.
Bitcoin Holds Above $24K Amid Improving Sentiment
Cryptocurrencies are mostly higher Friday as bullish sentiment returns into the weekend, with bitcoin (BTC) trading around $24K. CoinDesk’s Brad Keoun and Christie Harkin discuss this week’s developments potentially driving upward momentum of the crypto markets, including BlackRock’s partnership with Coinbase and the Tornado Cash saga.
Levels to Watch for Bitcoin Next Week
CoinDesk’s Markets Managing Editor Brad Keoun discusses what the crypto sphere can expect from bitcoin (BTC) in the coming week. Plus, CoinDesk’s Tech Managing Editor Christie Harkin on the launch of Vinteum, a nonprofit Bitcoin research and development center dedicated to supporting Bitcoin developers in Brazil and the wider Latin American region.
Investors Bet on Ethereum Fork While BTC, Ether Slide
Bitcoin (BTC) and ether (ETH) were trading lower Tuesday as investors and analysts focused on the upcoming Ethereum merge and awaited the release of U.S. consumer price data on Wednesday. BTC may be decoupling from traditional markets amid optimism stemming from Ethereum's impending merge. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Dogecoin, Bitcoin Lead Recovery Among Majors
Bitcoin (BTC) is topping $23,500, the highest level in over a month, while dogecoin (DOGE) is surging and leading gains among the other major cryptocurrencies. Genesis Volatility CEO Greg Magadini discusses the potential factors driving prices higher and compares annual trends from 2018 to the current market environment.
Bitcoin Erases Weekly Loss, Eyes Resistance at $22.6K
Bitcoin (BTC) continues to gain ground, reaching a breakeven for the week with a focus now on the resistance level of $22,600. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Ruchir Sharma: Bitcoin Could be Stable Long-Term Asset in 5 Years
Rockefeller International Chairman Ruchir Sharma discusses the “speculative mania” around bitcoin (BTC) and how it could emerge as a steady asset in the next 5 years, comparing crypto to Amazon’s historical price data. Plus, why the crypto bottom hasn’t bottomed yet, the overreliance on the U.S. dollar and crypto adoption in India.