Feb 12: Bitcoin's Halving Horizon: Predictions, Endorsements, & Legal Battles

Feb 12: Bitcoin's Halving Horizon: Predictions, Endorsements, & Legal Battles

The cryptocurrency community is abuzz with anticipation and analysis as the 2024 Bitcoin halving event draws near, with significant implications for investors, companies, and the market at large. Grayscale, a leading digital asset manager, has released its prediction for the upcoming Bitcoin halving, suggesting that the event could lead to increased interest in both ETFs and the burgeoning field of Bitcoin ordinals. This perspective is echoed by market analyses indicating that Bitcoin is showing signs of strength as it approaches this critical juncture, which historically has led to substantial market movements.


Jack Dorsey, a well-known advocate for Bitcoin and co-founder of Twitter, made a notable public endorsement of the cryptocurrency at the Super Bowl, wearing a Satoshi Nakamoto T-shirt. This move, coupled with his and Jay-Z's support, highlights the growing mainstream attention and acceptance of Bitcoin, underscoring its significance beyond the financial markets.


In the realm of legal and financial challenges, the Digital Currency Group (DCG) and Gemini are embroiled in a lawsuit in New York, with allegations involving a staggering $3 billion. This legal battle underscores the complexities and regulatory hurdles facing the cryptocurrency industry as it continues to mature and integrate into broader financial systems.

________


News Links 👇


https://decrypt.co/216955/grayscale-2024-bitcoin-halving-prediction-etfs-ordinals


https://www.coindesk.com/markets/2024/02/12/bitcoin-stronger-ahead-of-halving-grayscale/


https://www.businessinsider.com/jack-dorsey-satoshi-tshirt-nirvana-super-bowl-bitcoin-jayz-2024-2


https://decrypt.co/216808/dcg-gemini-new-york-lawsuit-3-billion


https://x.com/zerohedge/status/1757024708225036329?s=20

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***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT!


©Copyright 2023 Matthew Aaron Podcasts LLC


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Episoder(841)

Sept 2: Wall Street Wants Its Own Stablecoin as Bitcoin Miners Keep Pivoting to AI

Sept 2: Wall Street Wants Its Own Stablecoin as Bitcoin Miners Keep Pivoting to AI

Podcast SummaryWall Street's largest banks are preparing their own stablecoin infrastructure while the London Stock Exchange Group and Kraken work toward tokenized UK stocks. Matt looks at whether ban...

2 Sep 12min

Sept 1: Bond Yields Are Squeezing Bitcoin as Strategy Keeps Buying

Sept 1: Bond Yields Are Squeezing Bitcoin as Strategy Keeps Buying

Bitcoin remains around $77,000 to $78,000 as rising global bond yields become the biggest macro story for crypto. U.S. Treasury yields are approaching 4.8%, energy prices remain elevated, and markets ...

1 Sep 10min

Bitcoin Holds Its Ground While Craig Hunts for Cleaner Trends

Bitcoin Holds Its Ground While Craig Hunts for Cleaner Trends

Bitcoin spent last week consolidating after its huge move higher, and Craig sees the lack of a major snapback as a positive sign. The weekly candle finished essentially flat, even after selling follow...

31 Aug 6min

August 31: Bitcoin Falls Back Below $78K as AI and Bitcoin Mining Become the Same Infrastructure Story

August 31: Bitcoin Falls Back Below $78K as AI and Bitcoin Mining Become the Same Infrastructure Story

itcoin is back below $78,000 after another failed attempt to establish $80K as support, while ETF inflows finally broke their winning streak and Kevin Warsh's Jackson Hole comments increased expectati...

31 Aug 15min

August 28: Bitcoin Still Can’t Hold $80K as AI Infrastructure Creates a New Investment Trade

August 28: Bitcoin Still Can’t Hold $80K as AI Infrastructure Creates a New Investment Trade

Bitcoin got as high as roughly $81,300 overnight and still couldn't maintain $80K. The battle is getting clearer. ETF demand remains strong, with another $242 million entering U.S. spot Bitcoin ETFs T...

28 Aug 17min

August 27: Bitcoin Is Still Fighting $80K, but the Fed Could Change the Story

August 27: Bitcoin Is Still Fighting $80K, but the Fed Could Change the Story

Bitcoin finally broke $80K, but it could not hold it. That makes today's price action a rejection, not a confirmed breakout. The good news is that Bitcoin has real demand underneath it: U.S. spot ETFs...

27 Aug 15min

August 26: Bitcoin Keeps Bouncing Off $80K. What Will It Take to Break Through?

August 26: Bitcoin Keeps Bouncing Off $80K. What Will It Take to Break Through?

Bitcoin keeps bouncing off the $80,000 resistance level, and Matt explains why profit-taking is the biggest obstacle right now. Institutional investors are locking in strong gains, the short squeeze t...

26 Aug 12min

Bitcoin Just Changed the Picture

Bitcoin Just Changed the Picture

Craig says Bitcoin’s 26% weekly move changed the higher-timeframe picture. After weeks of frustrating sideways action, the three-month and six-month charts are now showing structures that have histori...

25 Aug 5min

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