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Bitcoin Miners Are Set for a Coiled Spring Rally

Bitcoin Miners Are Set for a Coiled Spring Rally

Miners face uncertain times as the halving changes Bitcoin’s economics. Which groups are best positioned for the future? Dan Weiskopf, at Tidal Financial Group, gives a run-down.

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Time to Take the Reins on Tokenization, or Risk Missing Out

Tokenization can revolutionize the way transactions are processed. But, for institutions, the highest potential lies in the digital assets themselves, says Nadine Chakar, Global Head of Digital Assets at DTCC.

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Hong Kong Bitcoin ETFs Likely Not Available for Mainland Chinese Investors: Bloomberg

Investors in mainland China won’t likely be allowed to buy into the newly approved Hong Kong-listed spot bitcoin ETFs, analysts at Bloomberg Intelligence reported, weakening excitement over the funds even further.

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Bitcoin Tumbles Below $60K, Ether Under $3K; Correction Not Over, Says Strategist

Large bitcoin investors haven’t started to buy the dip yet, suggesting that the correction may continue for a while, an LMAX Group strategist noted.

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Citadel-backed Hidden Road Partners on track to raise $120 million: Bloomberg

Hidden Road Partners, a Citadel-backed prime brokerage, is on track to raise $120 million as it eyes a roughly $1 billion valuation. 

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Worldcoin to have its own Layer 2 blockchain called World Chain

Layer 2 called World Chain coming later this summer is meant to help scale the Worldcoin project.

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TikTok owner ByteDance’s tech arm collaborating with Sui bulders on web3 gaming, socialFi

BytePlus, the venture technology arm of TikTok parent company ByteDance is partnering with Sui builder Mysten Labs.

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Kraken Releases Own Crypto Wallet, Joining Competition With Coinbase, MetaMask

According to a blog post shared with CoinDesk, the new Kraken Wallet will be the first from a major exchange to be open-sourced.

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Worldcoin, Sam Altman’s Crypto Project, Is Building a Layer-2 Chain

The human-focused blockchain network will be based on the OP Stack, a framework for building Ethereum-based layer-2 chains.

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Zignaly Announces Cosmos-Based ZIGChain, $100M Ecosystem Fund

ZIGChain’s ecosystem fund is backed by DWF Labs.

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