Bitcoin and several major altcoins are attempting to start a recovery, but negative investor sentiment and selling at the range highs are preventing a stronger bull trend from forming.
Expanding the stablecoin yield prohibition to include the application layer is an anti-competitive practice, industry advocacy groups say.
As market participants continue to speculate on when altcoin season will arrive, BitMEX co-founder Arthur Hayes argued there is “always an altcoin season happening.”
Bitcoin advocates have been divided over Michael Saylor’s updated BTC thesis, leaving question marks over how the Strategy CEO views the cryptocurrency.
The volatility of the cryptocurrency market is threatening the stability of corporate crypto treasury companies, resulting in larger swings in their net asset value that threaten their fundraising abilities.
The BitMEX co-founder’s latest Substack essay argues the US Fed’s liquidity program mirrors quantitative easing mechanics that favor Bitcoin and other scarce assets.
Bitcoin and several major altcoins are attempting to start a recovery, but negative investor sentiment and selling at the range highs are preventing a stronger bull trend from forming.
In its annual predictions report, Galaxy’s analysts said onchain dollar transfers could process more volume next year than the US bank system that handles payroll and bill payments.
Veteran trader Peter Brandt said that the US Clarity Act will be a positive for the industry, but probably won’t “redefine” Bitcoin’s price.
As market participants continue to speculate on when altcoin season will arrive, BitMEX co-founder Arthur Hayes argued there is “always an altcoin season happening.”