The current price trend is just the beginning of a long-term bull market, and the upward trend in prices will need to go further to push supply and demand dynamics into balance.
JinseFinanceMetropolitan Commercial Bank fined $30 million by authorities for its involvement in the misuse of the digital prepaid visa card program.
Hui XinThe event will double the bitcoin production cost to around $40,000, creating a positive psychological effect, the report said.
Coindeskhe bank stated that its exit from the crypto sector is nearly finished, while its total core deposits, excluding crypto clients, stood at $4.9 billion.
OthersThe last Bitcoin halving took place on May 11, 2020, and the next bitcoin halving will likely occur in 2024.
CoindeskThe firm had said it plans to bring its commercial paper holdings to zero by the end of the year.
OthersBitcoin’s hashrate is reaching all-time highs, and it’s causing confusion about “the halvening” on Twitter.
CoindeskTraders still anticipate BTC prices above $100,000, but a closer look at the BTC halving cycle chart suggests that a sharper downside move will occur first.
Cointelegraph“When businesses can use smart contracts to gain a competitive advantage, they will. The chains that realize this will survive,” according to Mark Cuban.
CointelegraphThe $50,000 resistance level seems to be the line in the sand that separates certainty from doubt that Bitcoin has cast off the four-year cycle trend, according to Santiment.
Cointelegraph