Bitcoin researchers have uncovered worrying evidence suggesting that major mining pools might be operating under a single controlling entity. This challenges the core principle of decentralization in the Bitcoin network.
Despite high hopes for the Bitcoin halving event, market reactions have leaned toward sell-offs, keeping the cryptocurrency below anticipated values. Alongside this, Bitcoin ETFs have experienced substantive outflows, signaling potential shifts in investor confidence.
Di Lewis argues that its failure to evolve as a medium of exchange threatens its existence in the face of stablecoins, institutional ownership, and resistance to progress.
Di Lewis argues that its failure to evolve as a medium of exchange threatens its existence in the face of stablecoins, institutional ownership, and resistance to progress.
Bitcoin researchers have uncovered worrying evidence suggesting that major mining pools might be operating under a single controlling entity. This challenges the core principle of decentralization in the Bitcoin network.
Despite high hopes for the Bitcoin halving event, market reactions have leaned toward sell-offs, keeping the cryptocurrency below anticipated values. Alongside this, Bitcoin ETFs have experienced substantive outflows, signaling potential shifts in investor confidence.
The debut receieved a cool reception from traders, with a trading volume of just 12 million USD. However, there is rumblings about a future where the funds could open up to residents of mainland China.
Switching to new industries, investing in new tech, moving to new locations, and hoarding Bitcoin are some of the strategies Bitcoin miners are using to compensate for the slash in block subsidy.
