Bitcoin: Is China The Reason For The Drop? – The Daily Dive

Joining us today on the Daily Dive is that of Charlie Morris, founder and Chief Investment Officer of ByteTree Asset Management. Charlie sits down with us this afternoon to discuss recent bitcoin related developments in El Salvador and related commentary from Fitch Ratings, the drive behind the recent price decline, electricity consumption concerns of crypto, and where he thinks bitcoin is headed by year end.

ByteTree Asset Management is a firm focused solely on the digital currency space. The firm self describes itself as “a leading provider of institutional-grade crypto-asset data,” with the company providing research-driven investment advise related to the world of digital assets. ByteTree also provides investment solutions to clients based on this data, which it extracts itself from digital networks.


The author has no securities or affiliations related to any organization mentioned. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Silver Is in a New Price Regime, and the Market Isn’t Used to It | Keith Neumeyer – First Majestic

Agnico Eagle Just Made a Massive Gold Land Grab

A Copper-Gold Deposit Caught the White House’s Attention | Rob McLeod – Cambria Gold

Recommended

Mercado Drills 256 g/t Silver Over 6.5 Metres In First Drill Hole of Inaugural Program

Antimony Resources Drills 4.38% Sb Over 7.05 Metres At Bald Hill In Final Hole Of 2025 Program

Trending

Related News

Bitcoin Policy Pushes For UK To Hodl Its 61,000 Bitcoin Holdings

A Bitcoin lobbying group, Bitcoin Policy, has urged the UK government to refrain from selling...

Thursday, July 25, 2024, 03:46:40 PM

Bitcoin Crosses US$20,000 Mark For First Time; Significant Bitcoin Buying Interest May Still Be Coming

On December 16, the price of Bitcoin crossed the US$20,000 mark for the first time,...

Thursday, December 17, 2020, 03:47:00 PM

Lummis Pitches Strategic Bitcoin Reserve, Critics Call It Political Pandering

Senator Cynthia Lummis has unveiled a controversial proposal to establish a strategic Bitcoin reserve, ostensibly...

Thursday, August 1, 2024, 02:45:00 PM

SpotGamma: Understanding Gamma Squeezes – The Daily Dive

Today on the Daily Dive, we sit down with someone who has become a frequent...

Tuesday, February 23, 2021, 01:30:00 PM

Binance Pulls Out Of Voyager Deal, Blames “Hostile” US Regulatory Climate

The bankrupt crypto lender Voyager Digital announced on Tuesday that cryptocurrency exchange Binance.US had canceled...

Wednesday, April 26, 2023, 11:11:18 AM