Arthur Hayes, co-founder of BitMEX, has issued a warning that the success of traditional finance firms like BlackRock in launching a spot Bitcoin ETF could lead to Bitcoin’s downfall. In a new blog post, Hayes expresses concerns about the potential dominance of Bitcoin ETFs managed by traditional asset managers as a threat to the decentralized…
A popular crypto trader known as Capo has alerted his followers to the potential for a significant downturn in Bitcoin and other cryptocurrencies. Capo, with a large following on Twitter, believes that Bitcoin could retest the low $30,000s and trigger a sudden market correction for altcoins. He predicts that after a final rally, a reversal…
(Bloomberg) — The crypto markets that experienced a significant crash at the end of 2022, resulting in a $1.5 trillion wipeout, have seen a remarkable turnaround. Instead of the sense of doom that gripped the markets, there is now a sentiment of avarice and optimism. Bitcoin has made a remarkable recovery with a more than…
Arkon Energy, a data center infrastructure company, has recently closed a $110 million private funding round in order to expand its operations. The company’s CEO, Josh Payne, shared this exclusive news with TechCrunch. The funding round was led by Bluesky Capital Management and also included participation from Kestrel 0x1, Nural Capital, and Florence Capital. Founded…
A popular crypto analyst is optimistic about the future of the total crypto market cap, despite facing some obstacles. With nearly 678,000 followers on X, crypto trader Michaël van de Poppe states that the market cap is currently encountering challenges similar to those experienced by Bitcoin at $38,000. However, he believes that surpassing the $1.6…
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Analysts at Macro Hive are warning of potential “grey swan” events that could impact the crypto industry in 2024. Dalvir Mandara and Bilal Hafeez, who advise hedge funds at research firm Macro Hive, are closely monitoring potential unforeseen events that could shake up the market. One key consideration is the potential departure of SEC Chair…
The possibility of the United States approving a Bitcoin ETF (exchange-traded fund) has created a buzz in the cryptocurrency market. Analysts and experts have provided a wide range of predictions about the potential impact on Bitcoin’s price, from cautious optimism to exuberant bullishness. Bloomberg reports that the likelihood of a spot Bitcoin ETF being approved…
