Bitcoin halving fuels 'incendiary sale of crypto assets', says Arthur Hayes
Arthur Hayes, co-founder of BitMEX, said Bitcoin halving would combine with an "incendiary sale of crypto assets" and a drop in the crypto market for several weeks. Bitcoin Halving and "bag of tricks" Hayes estimated that halving Bitcoin would ally to a price increase in the medium term, but warned that crypto prices may be […]
Metaplanet, Asia's MicroStrategy: the meteoric rise after Bitcoin adoption
The global financial landscape continues to evolve at a rapid pace with the increasing adoption of Bitcoin as a corporate cash asset. A major new development in this trend is the recent announcement by Metaplanet, a listed Japanese investment company, that it has seen its share price jump after adopting Bitcoin as its primary treasury […]
SEC postpones decision on Bitwise and Grayscale's Bitcoin ETF options
The Securities and Exchange Commission (SEC) has postponed its decision on Bitwise and Grayscale's Bitcoin ETF options, which would enable investors to benefit from the potential growth of the BTC market using derivative options. Impact on Bitcoin ETF options The announcement of the postponement of the SEC decision has an impact on Bitwise and Grayscale's […]
Bitcoin must exceed $80,000 for mining to remain profitable after halving
The Bitcoin halving, an event that halves miners' rewards, is a key moment for the ecosystem. According to data from CryptoQuant, for mining to remain viable, the price of BTC must cross the $80,000 threshold after the halving scheduled for mid-April. The impact of halving on mining costs Halving reduces the Bitcoin rewards allocated to […]
Philippine SEC authorities: No recommendation to recover funds after Binance ban
The Securities and Exchange Commission (SEC) of the Philippines finds itself in a tricky situation after blocking access to cryptocurrency exchange platform Binance. Despite prior warnings and an extended waiting period for investors to withdraw their funds, the regulatory authority finds itself unable to endorse methods to recover blocked funds. This decision raises concerns about […]