The bank anticipates a continued lack of activity in digital asset trading, as retail investors choose to stay out of the market.
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In an interview with CoinDesk, Fred Thiel, CEO of Marathon, emphasizes the importance of securing adequate funding for the development and upkeep of the open-source Bitcoin Core client software.
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According to Kristin Smith, the battle is unlikely to be a perpetual one, but it may persist for the next 18-20 months.
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Bitcoin remains stagnant, inching closer to marking its first month of decline in 2023. Meanwhile, Ether experiences a slight increase but appears poised to end May in the red as well.
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The crypto debates have become progressively more polarized and politicized, exemplified by a recent CoinDesk article highlighting a contentious mining facility in New York.
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The miner stands to earn up to $75 million in management fees for the Celsius mining rigs over a span of five years, making it a highly lucrative venture.
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Florida's governor and the Republican Party's newest frontrunner engaged in a Twitter conversation with Elon Musk, discussing the realms of cryptocurrency and central bank digital currencies.
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The recent hedging activity of market makers, who consistently take the opposite side of investors' trades, appears to have effectively maintained price stability within a narrow range.
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