Despite high hopes for the Bitcoin halving event, market reactions have leaned toward sell-offs, keeping the cryptocurrency below anticipated values. Alongside this, Bitcoin ETFs have experienced substantive outflows, signaling potential shifts in investor confidence.
After pleading guilty to money laundering last November, former Binance CEO and founder is heading to prison. Thanks to cooperation with authorities and an exceptionally good profile built by the defense, the sentence, however, is much lighter than requested by prosecutors.
Despite high hopes for the Bitcoin halving event, market reactions have leaned toward sell-offs, keeping the cryptocurrency below anticipated values. Alongside this, Bitcoin ETFs have experienced substantive outflows, signaling potential shifts in investor confidence.
After pleading guilty to money laundering last November, former Binance CEO and founder is heading to prison. Thanks to cooperation with authorities and an exceptionally good profile built by the defense, the sentence, however, is much lighter than requested by prosecutors.
The debut receieved a cool reception from traders, with a trading volume of just 12 million USD. However, there is rumblings about a future where the funds could open up to residents of mainland China.
Switching to new industries, investing in new tech, moving to new locations, and hoarding Bitcoin are some of the strategies Bitcoin miners are using to compensate for the slash in block subsidy.
Coinbase's advocacy group recently reached 400,000 sign-ups. Together with Super PAC Fairshake, they've raised $86 million to lobby for industry interests and support the 'right' candidates in the upcoming elections.
