Crypto.com
New Metric Identifies Potential BTC Bottom
The Bitcoin Energy Gravity Model tracks the relationship between bitcoin's price and its cost of production, which could lead to some insights on when it's overbought or bottoming out. ""All About Bitcoin"" host Christine Lee breaks down the Chart of the Day.
Crypto Miners Moved Over $300M BTC in 1 Day
CryptoQuant data showing miners have offloaded 14,000 BTC, worth over $300 million today, over the past couple of weeks – the greatest amount of BTC since January 2021. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
Gold 2.0 in Bitcoin?
Data on the performance of bitcoin (BTC) vs. gold since Wednesday shows BTC is finally doing what has long been touted — acting as the ultimate inflation hedge. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
South Park Mocks Matt Damon, Celebrity Crypto Endorsements
South Park’s latest made-for-TV film takes aim at Matt Damon’s “Fortune Favors the Brave” commercial for Crypto.com and other celebrities who have endorsed crypto. “The Hash” panel discusses what to make of South Park’s roast and the pros and cons of celebrity endorsement.
Long-Term Bitcoin Investors HODL as Speculator Selling Drives Prices Lower: Coinbase
Long-term bitcoin investors have preserved their holdings in recent weeks even as speculators flee the market, driving the cryptocurrency below $20,000. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
Bitcoin 'Bear Flag' Hints at Downside Risk
The emergence of a "bear flag" pattern on bitcoin's daily chart suggests downside risk ahead, according to CoinDesk's Omkar Godbole. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Bitcoin in 'Accumulation' Phase, On-Chain Indicators Suggest
Bitcoin's (BTC) Puell Multiple, the daily issuance of bitcoins in U.S. dollar terms by the 365-day average of the value, indicates it's time to start stacking BTC again. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Coinbase Lays Off Roughly 1,100 Employees as Crypto Market Tumbles
Publicly traded crypto exchange Coinbase is letting go of roughly 1,100 employees to cut costs, according to a recent company filing Tuesday. This comes after BlockFi and Crypto.com also announced layoffs. "The Hash” group discusses the consequences, the dilemma that many of the big names in crypto are facing after over-expanding during the bull run.
Yellen’s Stablecoin Warning; China’s E-CNY Plans Looking Shaky
Janet Yellen cites Terra’s UST fiasco while warning over stablecoins. Crypto.com COO warns of tough times ahead for markets. Asian Games postponement, Covid-19 lockdowns affect China’s digital yuan rollout. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Binance to Sponsor 64th Annual Grammy Awards
Binance, the world’s largest crypto exchange, has announced plans to sponsor the 64th Annual Grammy Awards, the biggest night in the American music industry. “The Hash” group discusses why crypto companies are vying for mainstream audiences, noting advertisements by FTX, Coinbase, and Crypto.com in this year’s Super Bowl. Plus, a conversation about the possibility of a metaverse Grammy Awards.
