JPMorgan, renowned as one of the largest banks in the United States and globally, has recently published a report signaling a “cautious and prudent” stance concerning Bitcoin in the short term. Within this report, bank analysts underscore the prevailing factors restraining Bitcoin’s surge, emphasizing their continued potency. However, amid the intricate dynamics of cryptocurrency markets,...The post ...
Read MoreFollowing the halving event, where miner rewards were halved, approximately 10 days ago, an individual miner successfully found a block solo, securing both the reward and transaction fees, amounting to nearly $220,000. Solo Success Amidst Diminishing Odds While the number of individual miners dwindles daily, they occasionally achieve solo block discoveries. Last night, a miner...The post ...
Read MoreIn a recent blog post, crypto analyst and investor Arthur Hayes reiterated his bullish outlook. Despite initial skepticism due to the US elections and the devaluation of major world currencies, Hayes confidently asserted that prices would continue to surge, reaching absurd levels. Hayes’ Bullish Stance Arthur Hayes, a co-founder of BitMEX who faced legal troubles...The post ...
Read More