Peter Schiff, who is well-known for his skepticism towards cryptocurrencies, took to social media platform X to poke fun at Bitcoin enthusiasts after the latest Bitcoin halving. He jokingly praised Bitcoin owners for their achievements and inquired if they were planning any celebrations. “Bitcoin enthusiasts, congratulations on the halving! Are any of you celebrating with … Read more
In an important milestone, the creation of Bitcoin‘s 840,000th block signified the fourth occurrence of a halving event. Consequently, the compensation given to miners for their efforts was reduced by half to approximately 3.125 BTC. Users of Bitcoin invested 37.67 Bitcoins, equivalent to around $2.4 million, as fees to secure a position on an extremely … Read more
BlackRock’s iShares Bitcoin Trust (IBIT) has taken the lead among Bitcoin funds globally, surpassing Grayscale’s Bitcoin Trust (GBTC). Bloomberg reports that IBIT’s assets have been growing rapidly due to increased investment, largely because of its lower fee structure at 0.25% per year. Consequently, the gap in asset size between the two trusts has narrowed to … Read more
Discussions about securing an additional €500 million in funding for the French AI start-up, Mistral, have begun with an investor. If this round is successful, Mistral’s valuation will be set at a minimum of €5 billion. This decision follows the approval of €400 million, raising doubts about Europe‘s assessment of the company’s worth. In addition … Read more
As the Bitcoin halving draws near, investors find themselves at a crossroads: should they purchase cryptocurrency shares now or hold off and buy at a later time? Matt Hougan, the Chief Investment Officer at Bitwise Asset Management, appeared on SquawkCNBC to talk about the potential effects of the upcoming bitcoin halving event this week. — … Read more