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How U.S. Lawmakers View the Future of Crypto
Recently, Sen. Ted Cruz (R-Texas) introduced a bill aimed at blocking the Federal Reserve from creating a consumer-based central bank digital currency, or CBDC. The effort by the Texas senator adds to a similar state-level measure proposed earlier this month by Florida Gov. Ron DeSantis. CoinDesk Senior Research Analyst George Kaloudis breaks down how U.S. political parties might align on crypto.
Newly Formed ZeroSync Association Brings Zero-Knowledge Proofs to Bitcoin
A Swiss nonprofit called the ZeroSync Association aims to help scale Bitcoin by using zero-knowledge proofs (zk-proofs), a cryptographic technique that has exploded in popularity on rival chain Ethereum. ZeroSync co-founder Robin Linus discusses the launch and its significance to the Bitcoin community.
Sam Bankman-Fried Developments; Tron Founder Justin Sun Reportedly Lost His Diplomatic Status
During a court appearance on Thursday, FTX founder and former CEO Sam Bankman-Fried pleaded not guilty to charges of attempted bribery and campaign finance violations unveiled in two recent superseding indictments. CoinDesk Regulatory Reporter Cheyenne Ligon discusses SBF's plead. Plus, Justin Sun, founder of the Tron blockchain, is reportedly no longer a diplomat for Grenada.
Bitcoin Slips Below $28K After Touching Highest Level Since June
Bitcoin retreats to $27,900 after the largest token by market capitalization touched its highest level since June. Bitwise Asset Management CIO Matt Hougan discusses his short and long-term BTC outlook. Plus, insights on Bitwise's newly-launched Bitcoin Strategy Optimum Roll ETF, BITC.
Data Suggests Whales Are Taking Profits as Bitcoin Price Rally Stalls
On-chain data from CryptoQuant suggests some traders and whales – a colloquial term for holders of large amounts of tokens – are taking profits after weeks of gains for bitcoin (BTC), which may fuel a decline in the coming days. CoinDesk Senior Research Analyst George Kaloudis presents "The Chart of The Day."
Sam Bankman-Fried's Legal Developments; Bitgo Releases Security Features Aimed at Bitcoin Ordinals
FTX founder and former CEO Sam Bankman-Fried pleaded not guilty to charges of attempted bribery and campaign finance violations during a court appearance. Plus, custody provider BitGo releases security features designed to protect owners of Bitcoin Ordinals Inscriptions, which allow people to inscribe text, images and even videos directly on the Bitcoin blockchain.
Bitcoin Fights for its Best Performing Quarter in 2 Years
Bitcoin is seeing an increase in volatility as the token fights for its best-performing quarter in two years. CoinDesk Senior Research Analyst George Kaloudis explains how bitcoin is impacted by liquidity and macroeconomic conditions in "The Chart of The Day."
Bitcoin Is Starting 2023 With a Bang
Bitcoin is climbing above $28,300 as the largest token by market capitalization is set on track for its best quarter in two years. Gareth Soloway, Verified Investing Crypto Chief Market Strategist, weighs in on bitcoin's recent price action and how the crypto market is reacting to recent macroeconomic conditions.
Future of Bitcoin Mining in Paraguay
Earlier this month, Canadian crypto miner Pow.re secured a contract for 100 megawatts (MW) of power in Paraguay, according to a press release sent to CoinDesk. Pow.re CEO Mike Cohen joins "All About Bitcoin" to discuss the state of bitcoin mining in the country.
Bitcoin Spikes Above $28K; SBF’s Attorney Fees Paid by His Father With Gifted Alameda Funds: Forbes
Bitcoin (BTC) is jumping above the $28,000 level and is on track for its best quarter in two years. Separately, a new report from Forbes states that FTX founder Sam Bankman-Fried's father, Joseph Bankman, has been paying his son's legal fees with money borrowed from FTX’s sister company.