The Bitcoin Halving: Why This Time Could Be Different | ZeroHedge

Authored by 'Shinobi' via BitcoinMagazine.com,

The fourth Bitcoin halving is almost upon us, and this one has the potential for some very interesting surprises. This halving marks the reduction of the Bitcoin supply subsidy from 6.25 BTC every block to 3.125 BTC per block. These supply reductions occur every 210,000 blocks, or roughly every four years, as part of Bitcoin’s gradual, disinflationary approach to its final capped supply in circulation.

The finite (more…)

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Bitcoin Breaks Below $39k Amid FTX, MtGox Liquidation Chatter | ZeroHedge

It's been an ugly 'sell the news' period since spot bitcoin ETFs were unleashed by a desperately begrudging SEC.

Having peaked above $49,000 on the day the new ETFs opened, bitcoin has broken back below $39,000 overnight…

Source: Bloomberg

Data from Coinglass shows long-position liquidations for Bitcoin have been considerable in the days since the new ETFs were launched, but today's data is significantly lower, suggesting the initial purge may be (more…)

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Gold-Backed Cryptos: The Next Level For Protection From Capital Controls | ZeroHedge

Authored by Mark Jeftovic via DollarCollapse.com,

One of the things I frequently point at in the incessantly tiresome debate between the precious metals and cryptocurrency communities is that while each asset offers its own advantages, cryptos afford a level of optionality for capital mobility that simply doesn’t exist for precious metals.

At least until fairly recently.

Gold is heavy – a one kilo bar is slightly smaller than an iPhone. When you see those (more…)

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