Today, Bitcoin's "halving" event halves the rewards for mining, making it harder for some miners to operate. However, this event has historically led to long-term growth for Bitcoin. The industry is adapting to the lower rewards, with some miners relocating. Despite concerns about security, Bitcoin's network remains strong. Institutional interest in Bitcoin is growing, with potential for significant investment. New technologies are also emerging, indicating the network's continued health and growth potential.
Robinhood's stock surged alongside cryptocurrency recovery, with potential for a 70% rally. Meanwhile, the SEC's lawsuit against Gemini and Genesis over unregistered securities progresses. The US Treasury investigates potential crypto use by Hamas, while Franklin Templeton highlights the link between meme token value and their networks. Ethereum's Deon upgrade enhances scalability, and Bitcoin's halving impacts miners, leading to potential consolidation among those with lower energy costs.
