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What to Expect From Fed's Upcoming Jackson Hole Meeting
OANDA Senior Market Analyst Edward Moya discusses what to expect from the Federal Reserve's annual Jackson Hole meeting Friday and its potential impact on the crypto markets. "There's optimism here that we see the peak in inflation," Moya said. Plus, levels to watch for bitcoin's (BTC) price.
US Traders Account for Most Crypto Exchange Website Visits
U.S. traders are the most active participants in the crypto markets, according to new data from Arcane Research. The analytics firm tracked website traffic for 35 of the largest crypto exchanges around the world and found that U.S. investors represented more than 14% of all crypto exchange visits.
Crypto Funds End 6-Week Inflows Streak
Crypto funds had $17 million in outflows in the seven days up to Aug. 12, ending six consecutive weeks of inflows, according to CoinShares. "All About Bitcoin" host Lawrence Lewitinn breaks down the Chart of the Day.
Fear Returns to Crypto Markets as Bitcoin Briefly Dips Below $21K
Delphi Digital Markets Associate Jason Pagoulatos discusses his near-term outlook on bitcoin as the cryptocurrency briefly dips below $21,000 and fear returns to the crypto markets.
Celsius Depositors Fracture Again on Legal Strategy as 'Withhold' Group Lawyers Up; Bitcoin Website Editor Hodlonaut Receives Almost $1M in BTC as Craig Wright Case Looms
Failed cryptocurrency lender Celsius Network has seen yet another set of claimants band together and hire a lawyer as the firm’s bankruptcy becomes an evermore messy and fractious affair. Hodlonaut received a 47 bitcoin ($1 million) donation ahead of a defamation court hearing involving nChain Chief Scientist Craig Wright. "All About Bitcoin" host Lawrence Lewitinn breaks down the day's top stories.
Stronghold Digital CEO on Debt Restructuring, Bitcoin Mining Outlook
Stronghold Digital Mining is restructuring its financing agreements to eliminate more than half its total debt and associated interest and principal payments. Co-Chairman and CEO Greg Beard shares his insights into the restructuring moves and the state of the crypto mining business. Plus, his take on the "misunderstanding" surrounding bitcoin mining and renewable energy.
Bitcoin Erases 3 Weeks of Gains: What Happened?
Bitcoin (BTC) erased three weeks of gains after plunging 8.4%, its biggest single-digit decline in two months. CoinDesk’s Brad Keoun and Christie Harkin discuss the market sell-off. Plus, why bitcoiners should pay attention to the Tornado Cash U.S. sanction.
Bitcoin Outlook Ahead of Federal Reserve’s Jackson Hole Meeting
CoinDesk's Markets Managing Editor Brad Keoun discusses the outlook for bitcoin (BTC) as the Federal Reserve's Jackson Hole meeting is around the corner. Plus, CoinDesk's Tech Managing Editor Christie Harkin shares her insights into the state of crypto mining in a market downturn.
Bitcoin Extends 6-Day Losing Streak, Price Plunges
Bitcoin is slumping for the sixth consecutive day, seeing its biggest plunge in two months. “All About Bitcoin” host Lawrence Lewitinn breaks down the Chart of the Day.
Celsius Now Likely Has Enough Cash to Last Through Year End; FDIC Orders FTX US, Others to Cease 'Misleading' Claims
With funds coming from maturing loans and tax savings, Celsius now likely has enough cash to last through the end of 2022. Plus, the FDIC orders FTX US and four other companies to cease 'misleading' claims.