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The Chief Investment Officer of Valkyrie Funds, Stephen McClurg, predicts the closure of several Bitcoin ETFs.
Stephen McClurg, the Chief Investment Officer of Valkyrie Funds, anticipates the closure of several Bitcoin ETFs. According to him, the number of active Bitcoin ETFs will decrease by the end of 2024 as the number of creators of these derivatives decreases from 10 to 7-8. This is attributed to high a...
Beijing Aims to Restrict Cryptocurrency Mining in New Energy Conservation Strategy
Beijing is set to implement a fresh policy aimed at reinforcing efforts to conserve energy across various aspects of the city's operations, with a focus on reducing carbon emissions and pollution. The strategy intends to heighten scrutiny on Bitcoin mining activities to curtail its impact.
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Coinbase Analysts: Pressure on Bitcoin is Easing
Experts at Coinbase report that the impact on Bitcoin from sellers is diminishing, and macroeconomic circumstances indicate a favorable outlook for the growth of this cryptocurrency.
An analyst predicted the duration of the Bitcoin rally after the halving
If historical trends associated with the upcoming halving repeat, according to an analyst named Ali, Bitcoin is expected to set a new all-time high (ATH) from April to October 2025. He also put forward three other observations regarding the halving of miner rewards