Heightened anticipation for spot-based bitcoin ETFs in the U.S. and the eventual inflows supercharged bitcoin’s run-up to new all-time highs, and now Hong Kong regulators reportedly are inching closer to approving similar funds, news that thus far has been mostly unnoticed in crypto circles. These vehicles, however, could open the floodgates for Chinese investors looking […]
Cryptocurrency
Have fun staying poor’: Peter Schiff issues dire warning to Bitcoin investors
Bitcoin is firing on all cylinders. Year to date, the price of the world’s most prominent cryptocurrency has surged by more than 56%. While 2024 is shaping up to be a year of optimism and growth for Bitcoin, economist Peter Schiff, has a stark warning for its investors. “Attention Bitcoin #HODLers. This may be your […]
Where Will Bitcoin Be in 5 Years?
Bitcoin has been a tremendous asset to own historically. Bitcoin (BTC 2.69%) has received a lot of attention lately, mainly due to the approval by the Securities and Exchange Commission and the subsequent launch by major asset managers of spot exchange-traded funds (ETFs). This, the upcoming halving, and a favorable market environment have helped drive the asset up […]
Bitcoin ETF issuers say SEC will reject ether exchange-traded funds
PARIS — Issuers of spot bitcoin exchange-traded funds on Tuesday say the U.S. Securities and Exchange Commission is unlikely to approve such a product for the cryptocurrency ether. The regulator has a late May deadline to conclude its review on an ether ETF. That comes after the SEC in March delayed its original deadline for a decision on […]
What You Need to Know About the Bitcoin Halving
The Bitcoin halving is a recurring, periodic event programmed into the Bitcoin protocol, designed to ensure its scarcity and, by extension, its value over time. Each halving, the number of new Bitcoin emitted as mining rewards for each new block reduces by half. Halving events are projected to occur through 2140, when Bitcoin reaches its […]
History Says This Is What Happens After Bitcoin Halving
Are you likely to earn a great return if you buy Bitcoin before the next halving event? April is a big month for the crypto world. The next Bitcoin (BTC -3.64%) halving event is happening later this month, and that could lead to a rally in the price of the world’s leading cryptocurrency. After already hitting new highs earlier […]
Bitcoin needs to hold above $80,000 to keep mining profitable post-halving
According to data from CryptoQuant CEO Ki Young Ju, the current cost of mining using Antminer S19 XPs will rise from $40,000 to $80,000 after the Bitcoin halving in mid-April. The Bitcoin halving is a milestone event occurring every 210,000 blocks or roughly every four years. The halving event cuts the block reward earned by miners […]
SEC defers decision on Bitwise, Grayscale Bitcoin ETF options
The United States securities regulator has delayed its decision on whether to allow the New York Stock Exchange to offer options trading on spot Bitcoin (BTC) ETFs. According to the April 8 filing, the Securities and Exchange Commission’s pushback will impact options trading on the Bitwise Bitcoin ETF (BITB), the Grayscale Bitcoin Trust (GBTC) and any other trust […]
Bitcoin Halving: Pile Into Cryptos Now for Unparalleled Gains
Back in 2021, from trough to peak, the top cryptos literally turned $5,000 into more than a million dollars, all in less than 12 months. About once every four years, Bitcoin undergoes a halving event, wherein the number of Bitcoin mined per transaction is cut in half. Around 12 months before a halving event, cryptos begin […]
Bitcoin Tops $71K, Ordinals Bets Rise Ahead of Halving
Bitcoin topped $71,000 in Asian trading hours Monday ahead of the reward halving expected on April 20, giving some Ordinal and BRC-20 ecosystem bets a boost even as the broader crypto market remained little changed. BTC rose 2% in the past 24 hours taking it to the highest since April 1, data from CoinGecko shows. […]
