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Bitcoin Under $30K as Markets React to Hawkish Fed Policy
Bitcoin dipped under $30,000 Wednesday, a day after Federal Reserve chair Jerome Powell pledged to keep tightening monetary conditions until inflation shows signs of weakening. Could BTC extend a seven-week losing streak? "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Bitcoin Trades Around $30K Amid China Optimism
Bitcoin continues to trade around $30,000 as global stock markets are awash in a sea of green. Traders priced in expectations of a relaxation of rules in Shanghai after weeks of strict lockdowns, leading to a jump in Chinese stocks. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Why $29K Level is ‘Critical’ for Bitcoin
The Strategic Funds’ Managing Director Marc Lopresti discusses his bitcoin analysis and outlook, explaining why $29,000 could be a “critical” level to watch. Plus, how do stocks and the U.S. dollar impact BTC’s price? What are the bull and bear cases for bitcoin?
Swan Bitcoin CEO: Terra Was a 'Ponzi Scheme'
Swan Bitcoin CEO Cory Klippsten discusses why he's "not surprised" about the collapse of Terra's UST and LUNA, saying "their whole scheme was a ponzi scheme." Plus, his take on the whereabouts of Terra's bitcoin reserves.
Mara CEO on Raising $23M to Spread Crypto Adoption Across Africa
Pan-African centralized crypto exchange Mara raised $23 million in a funding round led by Coinbase Ventures, Alameda Research and others to boost crypto adoption across Africa. CEO Chi Nnandi shares his insights into the raise, discussing the benefits and hurdles for crypto integration in Africa.
Bitcoin Sees 7 Straight Weeks of Losses for First Time in History
Bitcoin has had seven straight weeks of losses for the time first in its history amid a downturn in broader markets, stricter crypto regulations, waning retail interest and systemic risks in the crypto sector. Where is BTC headed next? "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Bitcoin’s Next Move After First 7-Week Losing Streak in History
CrossTower Global Head of Trading Pratik Shah discusses what could be in store for bitcoin as it closed in the red for seven consecutive weeks for the first time in history. “We see this as a corrective phase in a broader and a structural trend higher in bitcoin,” Shah said.
Bitcoin Oversold, Crypto Fear and Greed Index in ‘Extreme Fear’ Territory
The cryptocurrency fear and greed index remains in “extreme fear” territory according to FxPro, but ignores the optimism in recent hours. Meanwhile, BTC appears to be oversold on the charts, which typically precedes a short-term upswing in price. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
Bitcoin Stabilizes Amid Terra Luna Ecosystem Collapse
A wild week for bitcoin as the collapse of Terra’s algorithmic stablecoin TerraUSD (UST) and luna (LUNA) token continues its ripple effects on the crypto industry. CoinDesk’s Brad Keoun and Christie Harkin review the week’s top stories moving the markets.
Is the Worst Over for the Crypto Markets?
Following a week of wild price fluctuations, is the worst over for bitcoin and the wider crypto markets? “All About Bitcoin’s” Week in Review panel discuss their BTC outlook for the week ahead.