Bitcoin recently surged after a major event that halved its supply, increasing its value. Experts predict further growth due to increased functionality, high fees during the event, and the introduction of Bitcoin ETFs. El Salvador's adoption of Bitcoin as legal tender has also boosted its legitimacy. Despite potential volatility, Bitcoin is expected to reach new price highs due to its strong fundamentals.
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.
