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Bitcoin Trading Sideways Is the 'Best Thing' for Long-Term Holders: eToro US Analyst

eToro US Investment and Options Analyst Bret Kenwell breaks down the possibility for an interest rate cut in September and what the Federal Reserve's next moves could mean for crypto. Plus, why bitcoin's (BTC) boring pattern could be a good thing for investors. This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes.

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Відео

Bitcoin's Boring Pattern Is a 'Good Thing': eToro US Analyst

eToro US Investment and Options Analyst Bret Kenwell explains why bitcoin trading sideways is actually a good thing for investors since false hopes and breakouts are being cleared out of the way.

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Bitcoin Whales Added $5.4B in BTC in July: Data

According to data tracked by blockchain analytics firms IntoTheBlock and TradingView, large bitcoin holders, or addresses owning at least 0.1% of BTC's circulating supply, snapped up over 84K BTC in the month of July. That's the biggest single-month tally in BTC terms since October 2014. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."

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Trump-Linked Website Is Selling 'Bitcoin Sneakers;' Tether Reports Record Net Profits This Year

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as a Trump-linked website is offering several ranges of bitcoin-themed sneakers with prices as high as $500 a pair. Plus, the Federal Reserve has kept its benchmark fed funds rate range unchanged at 5.25%-5.50% and Tether reported a "record" $5.2 billion of net profits in the first half of 2024 as USDT’s market cap surged to new all-time highs.

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Rep. Ro Khanna on Division Between Parties in the U.S.

Rep. Ro Khanna (D-Calif.) explains why the enormous wealth gap and constant finger-pointing are the main two reasons for the division between parties in the U.S.

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Democrats Need to Be the Party of 'Innovation': Rep. Ro Khanna

Rep. Ro Khanna (D-Calif.) joins CoinDesk to discuss the growing significance of blockchain technologies and the crypto industry. Plus, why the U.S. needs to adopt a pro-crypto stance and establish sensible regulation to maintain its edge in innovation and economic growth.

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Nvidia Becoming More Volatile Than Bitcoin and Ether

Nvidia is expected to see more significant price swings than bitcoin and ether. The stock's 30-day options implied volatility, a gauge of anticipated price swings over four weeks, has recently surged from an annualized 48% to 71%, according to data source Fintel. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."

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Russia Legalizes Crypto Mining; California’s DMV Loads 42M Car Titles On-Chain

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as Russia's State Duma passed a law that fully legalizes cryptocurrency mining in the country. Plus, California’s DMV digitized 42 million car titles on the Avalanche network, and The Bahamas is back with a new law that tightens its crypto guidelines.

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Фінанси

Ентоні Помпліано: Bitcoin буде на балансі США в наступні 10, 15 років і інвестуватиме в Solana менше ніж за долар

«Протягом наступних 10, 15 років, напевно, Сполучені Штати матимуть трохи Bitcoin на своєму балансі або на кшталт стратегічних запасів. Я думаю, що виникає питання, наскільки ми агресивні в цьому?»

Credit: Kevin McGovern / Shutterstock.com

Відео

Anthony Pompliano on Evaluating Politicians and Their Promises

Professional Capital Management CEO Anthony Pompliano weighs in on the common misconception that politicians should be evaluated based on their personal beliefs instead of their representation of public opinion. Plus, insights on the promises politicians make during their campaigns.

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