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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.
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
Vanguard called Bitcoin an immature asset class
Investment company Vanguard has confirmed its decision not to launch Bitcoin exchange-traded funds (ETFs), stating that this type of cryptocurrency is considered an "immature" asset and does not align with the company's strategy.
Bitcoin is gaining strength ahead of an anticipated rise to the $60,000 level.
According to cryptocurrency analyst known by the pseudonym PlanB, the recent decline in the price of the leading cryptocurrency, Bitcoin, can be explained by its current build-up of strength ahead of an upcoming surge to the $60,000 level.