Comprehending the Bitcoin Cycle Master Chart Institutions, analysts, and Bitcoin aficionados are hopeful about a price rise in the latter part of the year, drawing on historical patterns where Bitcoin’s value typically ascends several months post-halving event. This sentiment has been strengthened by recent forecasts from notable personalities in the financial landscape.
Semler’s Expanding Bitcoin Investment Approach Furthermore, the choice to use Bitcoin as a primary treasury asset transcends mere financial gains; it also signals a robust belief in the potential of decentralized finance. As companies such as Semler and MicroStrategy adopt Bitcoin, they bolster the growing credibility and acceptance of cryptocurrency as a mainstream financial asset.
Growing institutional interest in Hong Kong’s Bitcoin ETFs As the environment for Bitcoin ETFs progresses, it is vital for Australian investors to remain updated on changes in Asia and beyond. The achievements of these financial products in Hong Kong and other Asian regions could open up similar prospects in Australia, giving local investors a valuable opportunity to engage in the expanding global crypto marketplace.
Democrats’ shifting perspective on cryptocurrency According to Bloomberg, Harris aims to push for supportive policies for the cryptocurrency sector if she wins, as stated by her senior policy campaign advisor. While specifics were not well-defined, Harris expressed a desire to “eliminate unnecessary bureaucracy and regulatory obstacles” and promote “innovative technologies” by establishing “clear guidelines.
MVRV Z-Score and market cycles Recent trends indicate that the MVRV Z-Score has been on a consistent downward path, possibly signaling the end of Bitcoin’s upward momentum. Nonetheless, a look back in history reveals a different narrative. In previous bull runs, such as those occurring in 2016-2017 and 2019-2020, similar drops in the MVRV Z-Score were noted.
The expansion and influence of Bitwage in global payroll Currently, Bitwage proudly supports over 4,500 companies and has a user community of 90,000 individuals who depend on its services to receive their salaries in Bitcoin and stablecoins. This expansion reflects the rising interest in cryptocurrency payroll solutions, especially as remote work and international transactions become increasingly commonplace.
Institutional interest fuels inflows into spot Bitcoin ETFs The demand from institutions for Bitcoin exposure is increasing, as shown by the latest inflows into US spot Bitcoin exchange-traded funds (ETFs). On August 23rd, these ETFs logged their sixth straight day of net inflows, totaling around million.
ChinaAMC Bitcoin ETF Experiences Largest Inflow in Over a Month The rising inflows into the spot Bitcoin ETFs in Hong Kong, especially the ChinaAMC Bitcoin ETF, reflect a broader movement across Asia. Regional investors are increasingly favoring regulated Bitcoin exposure, a trend that aligns with global movements, though it incorporates specific regional characteristics.
Ark Labs obtains .5 million in pre-seed funding to propel Bitcoin scaling Ark Labs has been making remarkable progress in its development, particularly with the introduction of a covenant-less implementation. This approach is viewed as a vital advancement in the protocol’s progression, enabling the team to prioritize immediate, practical uses while still allowing for future upgrades.
Incorporating bitcoin into financing for real estate development Moreover, the adoption of bitcoin as collateral in lending is anticipated to gain traction as financial institutions recognize its advantages. The high liquidity and ease of transfer associated with bitcoin render it an ideal collateral form, especially when compared to real estate, which can be both cumbersome and slow to liquidate.