Analysts expect 2023 to be a “recovery year” for Bitcoin as the next Bitcoin halving event is 435 from now.
With burnout in reserve cash, and the growing prices of Bitcoin and other related assets, most mining firms are indeed left with no options but to intensify their efforts to get their hands on more BTC from their farms.
The Bitcoin market is heavily bolstered by global adoption including several institutional ETFs and the fact that it is used as legal tender in El Salvador and the Central African Republic.
Bitcoin whales significantly contributed to the recent rally above $19K.
When the ETF goes live, it will offer diversification and a means for investors to meet their demands.
Lawmakers in El Salvador have greenlit a law that could facilitate the country’s long-standing Bitcoin bond initiative.
Bitcoin price rally follows the growing cheer on Wall Street amid the cooling down of inflation and the expected softening stand by the Fed ahead.
With Bitcoin gathering some decent gains since the new year, MicroStrategy saw its shares climb 34.21%.
Although Jamie Dimon remains a Bitcoin critic, JPMorgan continued to make waves in the blockchain industry.
Morgan Stanley warned that the value of GBTC may drop ‘precipitously’ to zero due to regulatory changes, a crisis of confidence, a flaw, or an operational issue in the Bitcoin network.
The price of Bitcoin climbed higher on Monday raising hopes for a rally in 2023, and taking several crypto stocks along with it.
For the BTC price, surpassing the $17,500 would be a major bullish move that will set the tone for a potential rally.
New York’s state attorney general Letitia James revealed on Twitter that she is suing the former Celsius Network head for defrauding investors out of billions of dollars.
BlackRock is now providing Bitcoin exposure to the ordinary and passive investors of its Global Allocation Fund.
Core Scientific is just one of the many names in the crypto ecosystem that is currently battling a liquidity crisis.