Scott Melker believes that during the last halving cycle, the price of Bitcoin rose from a high of $20,000 to a high of $69,000, an appreciation of 250.86%. If a similar trend emerges, “Bitcoin will be at $240,000.”
JinseFinanceDiscussions about Bitcoin governance often focus on who is the ultimate decision-maker, with recurring candidates including miners, nodes, and investors. The purposes and mechanisms of governance are often only hinted at or even disconnected from reality.
JinseFinanceThe National Bitcoin Office of El Salvador (ONBTC) issued a statement stating that the Bitcoin bond "Volcano Bond" has been approved by the El Salvador Digital Assets Commission and is expected to be issued in the first quarter of 2024.
JinseFinanceIn the aftermath of the SEC's approval of U.S.-listed spot Bitcoin ETFs, JPMorgan anticipates a potential breather for Bitcoin mining stocks. Despite uncertainty, the bank views any sell-off as a buying opportunity, emphasizing that the ETF's approval does not directly impact mining economics. Iris Energy (IREN) is identified as JPMorgan's preferred value stock in this evolving landscape.
BerniceThe looming prospect of a US Bitcoin Exchange-Traded Fund (ETF) has ignited optimism within the crypto industry, but it has also raised concerns among Bitcoin mining firms.
JasperThe last Bitcoin halving took place on May 11, 2020, and the next bitcoin halving will likely occur in 2024.
CoindeskThe Human Rights Foundation (HRF) has announced its most recent round of donations, which total $325,000 in BTC and are focused on supporting important components of the Bitcoin ecosystem.
OthersThere are four primary ways to track whale activities, which include monitoring known whale addresses, order books, sudden changes in market capitalization and trades on crypto exchanges.
CointelegraphAs May draws to a close, the cryptocurrency market has started to develop itself — but not in the direction anyone had hoped.
CointelegraphSigns pointing to Bitcoin’s steady maturity and growth in the crypto space and beyond are undeniable, making a case for the cryptocurrency being the ultimate digital reserve asset.
Cointelegraph