Bitcoin Miners Are Set for a Coiled Spring Rally
Miners face uncertain times as the halving changes Bitcoin’s economics. Which groups are best positioned for the future? Dan Weiskopf, at Tidal Financial Group, gives a run-down.
Markets
Hong Kong Bitcoin ETFs Likely Not Available for Mainland Chinese Investors: Bloomberg
Investors in mainland China won’t likely be allowed to buy into the newly approved Hong Kong-listed spot bitcoin ETFs, analysts at Bloomberg Intelligence reported, weakening excitement over the funds even further.
Bitcoin Tumbles Below $60K, Ether Under $3K; Correction Not Over, Says Strategist
Large bitcoin investors haven’t started to buy the dip yet, suggesting that the correction may continue for a while, an LMAX Group strategist noted.
Ether Prices in Downtrend as Bitcoin Challenges $64K
Some other catalyst needs to happen before bullish sentiment returns, says one trader.
PSG Fan Token Jumps 25% as Football Club Triumphs Over Barcelona
Paris Saint-Germain’s fan token is one of several issued for sports clubs by the crypto company Socios.
Spot Bitcoin ETF Hype Dies Down, Normalcy Sets In
The initial euphoria for the spot bitcoin ETFs has seemingly dampened and reality is slowly kicking in with inflows recently unable to keep up with the still speedy pace of exits from Grayscale’s Bitcoin Trust (GBTC).
‘DePIN’ Is Venture Capitalists’ Latest Crypto Obsession. Can It Match the Hype?
Already a multi-billion-dollar sector of the crypto industry, the DePIN narrative is a promising one, according to experts.
Exploding Gold Sales at Pawnshops Offers Lesson for Bitcoin Bulls
As always, rising prices bring forth boosted supplies.
Ether, Altcoins Remain Under Pressure Following Volatile Weekend
Bitcoin has also given up some of its early Monday bounce, returning down to the $64,000 level.