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.
Central African Republic Adopts Bitcoin as Legal Tender
The Central African Republic has passed a bill to establish a legal and regulatory framework for cryptocurrencies and make bitcoin legal tender alongside the existing CFA franc. “The Hash” group compares this announcement to El Salvador’s bitcoin adoption program and discusses the adoption of fintech technology in Africa.
CoinFund President on Crypto Mainstream Adoption, Goldman Sachs and FTX Collaboration
CoinFund President Chris Perkins discusses the current state of the crypto markets as bitcoin trades below $40,000 after a 5% decline. Perkins addresses positive factors hitting the crypto industry, noting favorable sentiment among policymakers and increasing institutional interest. This comes as Goldman Sachs and FTX executives meet in the Bahamas to discuss further collaboration. Plus, a conversation on the proof-of-work debate and the derivatives market.
Chainalysis: Bitcoin Less Than 25% of All Cryptocurrencies Stolen by DPRK
Bitcoin accounts for less than a quarter of all cryptocurrencies stolen by North Korea, according to Chainalysis. This comes in light of North Korea’s recent hack of $625 million from Axie Infinity’s Ronin network. How does the security of the Bitcoin blockchain compare with its competitors? “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
SkyBridge Capital’s Anthony Scaramucci on the Future of Bitcoin
Anthony “The Mooch” Scaramucci, founder of SkyBridge Capital and the SALT Conference, joins “All About Bitcoin” live from Crypto Bahamas to discuss the future of bitcoin, his firm’s investments, Twitter accepting Musk’s $44 billion deal and more.
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.
‘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.”
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.