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Crypto Regulations in Focus
Adam Berker, Senior Legal Counsel at crypto infrastructure firm Mercuryo.io, discusses what to make of crypto regulatory discussions heating up among U.S. lawmakers. Plus, his take on the potential impact of the $1 trillion infrastructure bill on crypto companies operating in the U.S. and where they might be better suited to set up shop.
'Bitcoin's Going to 7 Figures', Says Crypto Trader
Crypto Trader Scott Melker discusses his bullish outlook for bitcoin as it climbs 20% over the past week, despite some claiming the U.S. Senate's $1 trillion infrastructure bill could be bearish for the crypto markets. "Well, [the] price hasn't reacted bearishly," Melker said. "Bitcoin's going to seven figures. It's going to be a multi-million dollar figure."
Bitcoin Upside Stalls, Lower Support at $38K-$40K
Bitcoin is roughly flat over the past 24 hours as the rally near $45,000 appears exhausted. Short-term overbought signals could encourage profit-taking, although buyers will likely return around the $38,000 to $40,000 support zone. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
Potential Impact of the Bipartisan Infrastructure Bill on Miners
Tanya Woods, General Counsel at North American mining giant Hut 8, discusses how the U.S. Senate’s $1 trillion bipartisan infrastructure bill could affect Hut 8, which operates exclusively in Canada, and how it could inform the outlook for crypto regulation in the Great White North.
Bitcoin Blasts Through $46K as Senate Poised for a Final Vote on $1T Infrastructure Bill
VictoryShares and Solutions President Mannik S. Dhillon discusses his assessment of bitcoin jumping to a three-month high of $46,000 and whether this price rally is likely to sustain, despite some saying the U.S. Senate's $1 trillion infrastructure bill could have disastrous implications for the crypto industry if formally introduced as is. "Bitcoin getting the attention of lawmakers is a great thing for the asset class," Dhillon said.
Sen. Lummis Presents New Amendment to $1T Infrastructure Bill on Senate Floor
Sen. Cynthia Lummis (R-Wyo.) discusses the compromise amendment to a contentious crypto provision in the $1 trillion infrastructure bill she presents on the Senate floor Monday afternoon. “What we tried to do with this amendment is to remove some of the unintended consequences of the definition of “broker,” Lummis said.
What's Next for Bitcoin After Reaching 3-Month High of $46K
Bitcoin is on a tear, rising 7% for the day as it charged toward a three-month high of $46,000, with new data revealing market sentiment is gradually building. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Is ETH Fee Burning as a Result of the Ethereum Hard Fork Similar to Bitcoin Halving?
CoinDesk Managing Tech Editor Christie Harkin and "First Mover" Editor Brad Keoun debate a question related to the Ethereum hard fork: Is ETH burning similar to a bitcoin halving?
Bitcoin Rises Above $43K for First Time Since May
Bitcoin's price rose above $43,000 Friday for the first time since May, taking its year-to-date return to 48%. The Week in Review panel for "All About Bitcoin" discusses the week's top events that could have propelled bitcoin's rally, including Ethereum's London hard fork upgrade, growth in crypto ATM installations, and JPMorgan's in-house bitcoin fund launch.
Rising Ether-Bitcoin Price Ratio Shows Crypto Risk Appetite
The crypto markets are in a risk-on environment, as evidenced by the recent rise in the ether–bitcoin (ETH/BTC) price ratio, and the trend appears set to continue. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.