As BTC established a bullish cycle every four years, Scaramucci believes Bitcoin price will rally 4X at the time of halving.
Fidelity’s spot Bitcoin ETF recorded more inflows than GBTC outflows on Monday. All eyes are currently on the FOMC meeting ahead this week as investors’ keenly watch Fed’s take on rate cuts.
The plot centers around Morgan and Lichtenstein, the masterminds behind the 2016 hack of Bitfinex, which led to their arrest in February 2022.
Vanguard executives said that the company usually focuses on long-term stability instead of short-term trends as the reason behind rejecting the Bitcoin ETF offering.
According to data from BitMEX Research, GBTC witnessed a decrease in outflows, with $394.1 million on January 25, down from $429.3 million on Wednesday and $515.3 million on Tuesday.
The analysts at Cantor Fitzgerald expect two firms – Singapore-based Bitdeer and US-based CleanSpark – to remain profitable post-halving.
Schiff also criticized mainstream media coverage of Bitcoin ETFs, noting that many analysts expressing caution now did not offer such warnings before their launch.
Canaan disclosed in the SEC’s Form 6-K filing that the new funding round would enhance its research and development capabilities, support innovation in its crypto mining rigs, and expand its production scale.
Q1 has been predicted to be challenging for Bitcoin according to Matrixport, with the price expected to dip to around $36,000 and then recover.
The US government confiscated Bitcoin holdings associated with the Silk Road marketplace in two instances, first in Memphis, Tennessee, on February 10, 2021, and then in Arlington, Virginia, on May 11, 2021.
Swan Mining, the recently unveiled unit, plans to add 3 more mining farms to the 7 existing, taking the total hashpower to 8 exahash.
Tesla’s involvement with Bitcoin began in February 2021 when the company announced a $1.5 billion investment in the popular digital asset.
Reports suggest that more and more Chinese investors are seeking exposure to cryptocurrencies via Hong Kong-based exchanges like OKX and Binance, as well as through over-the-counter and other grey-market peer-to-peer channels.
Hayes criticizes the Federal Reserve’s approach to inflation, suggesting that the institution prefers verbal intervention over concrete actions due to inflationary fears.
Core Scientific’s restructuring plan successfully slashes $400 million in debt by converting it into equity, marking a positive financial move.