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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.

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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.”

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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.

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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.

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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.

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Fidelity Will Offer Bitcoin Inclusion in its 401(k) Accounts

U.S.-based financial services firm Fidelity Investments will allow investors to put bitcoin (BTC) into their 401(k) retirement savings accounts later this year, bringing crypto exposure to traditional investors. “The Hash” group discusses the impact this could have on crypto-native firms like NYDIG and Coinbase, bitcoin’s use case as an inflation hedge and best practices for investing in crypto. 

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‘Death Cross’ on the Horizon for BTC?

Bitcoin’s bear market might have plenty of steam left as technical analysis indicates an impending “death cross,” when the 50-candle simple moving average crosses below the 200-candle simple moving average. Plus, comparisons with BTC price action from mid-November 2018 and mid-December 2014 as “All About Bitcoin” host Christine Lee presents the “Chart of the Day.”

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BTC Slips Below $40K, Musk Confirms Twitter Acquisition

Dexterity Capital Managing Partner Michael Safai shares his bitcoin price outlook as it slips below $40,000 alongside the global equities markets. Plus, why Safai is optimistic about certain altcoins like Monero and Luna, and comments on Elon Musk reaching a deal with Twitter to purchase the platform for $44 billion. 

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How Luna Foundation Guard Became the ‘Most Followed’ Bitcoin Whale

CoinDesk Reporter Krisztian Sandor discusses the Luna Foundation Guard’s bitcoin reserves for the UST stablecoin, noting the nonprofit organization as the “most followed whale,” holding almost as much BTC as Tesla. Sandor explains LFG’s role in the Terra blockchain ecosystem, algorithmic stablecoins, and the possible risks of UST.

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Bitcoin Investors Eye 200-Day Average After 3-Day Rally

Following bitcoin’s rise from $38,500 to $42,200 in the past three days, bullish signals for BTC have emerged, favoring a continued price rally toward the widely tracked 200-day simple moving average (SMA). “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

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