Bitcoin halving is a celebrated event in the cryptocurrency world, occurring approximately every four years. This event involves slashing the incentives rewarded to miners in half, as mandated by the Bitcoin code. The main goal of this process is to slow down the issuance of bitcoins, creating a scarcity effect that helps maintain the digital
Top
Recently, Netflix made a significant announcement that it will no longer provide quarterly membership numbers or average revenue per user starting next year. This decision has sparked a lot of discussion and speculation among investors and analysts. Let’s take a closer look at this move by Netflix and its potential implications. Netflix stated that it
As the Bitcoin halving approaches, increased volatility and trading volume are expected in both Bitcoin and mining stocks according to JPMorgan analyst Reginald Smith. Despite recent weakness in the market, Smith believes that this presents an attractive entry point for investors. Additionally, JPMorgan’s top picks for mining stocks are Riot Platforms and Iris Energy, which
The upcoming bitcoin halving event is causing a buzz among miners and investors alike. With the impending cut in miners’ revenue stream, many are wondering how this will impact the industry as a whole. Despite the uncertainty, analysts believe that publicly traded miners are well-equipped to weather the storm and even thrive in the face
The Internal Revenue Service budget has been a topic of debate in a recent Senate Finance Committee hearing. IRS Commissioner Danny Werfel defended the agency‘s budget and called for an extension of IRA funding through fiscal 2034. According to Werfel, this extension would provide $104 billion over a 10-year period and generate an additional $341
Over the past weekend, prominent trader Josh Olszewicz shared his insights on Bitcoin’s potential bearish reversal. By analyzing a 1D Bitcoin chart, Olszewicz pointed out key indicators to watch for. The “conversion line” and “base line” form a cloud that can be either red or green. If the price of Bitcoin falls below the Kijun
Bitcoin analyst Willy Woo has made a bold forecast regarding the future of Bitcoin in comparison to the gold market. He predicts that once ETFs have completed their role, Bitcoin will outperform the gold market cap significantly. According to Woo, the recently launched Bitcoin ETFs could lead to BTC price targets of $91,000 at the
San Diego Mayor Todd Gloria recently unveiled a $5.65 billion proposed budget that aims to address the city’s structural deficit through various short-term fixes and borrowing strategies. The budget includes one-time maneuvers such as eliminating scheduled reserve contributions and borrowing funds for infrastructure projects. While the budget prioritizes spending on homeless prevention programs, street paving,
Amidst the recent market turmoil, it is crucial for investors to reassess their portfolio allocations. The S & P 500 experienced significant sell-offs, and the CBOE Volatility Index spiked, indicating heightened market fears. Factors such as the conflict in the Middle East, climbing oil prices, and persistent inflation have contributed to the volatility. Paul Christopher,
The Southeast Asia Blockchain Week (SEABW) is set to take place from April 22nd to April 28th at the True ICON Hall in Bangkok, Thailand. With over 40 side events, web3 meetups, workshops, and social gatherings, this conference promises a week filled with engagement, insights, and endless networking opportunities. While the main event will happen