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Arthur Hayes opposed the approval of Bitcoin-ETFs He called investment funds "agents of the state" and added that institutional interest in the asset threatens a situation "that we may ultimately not like" "Yeah, okay, an ETF comes along, the price rises to what it can - but what's the end result of one institution owning all this cryptocurrency?" #BTC🔥🔥 #BTCETF #ETFWave #ETFTrends

Arthur Hayes opposed the approval of Bitcoin-ETFs

He called investment funds "agents of the state" and added that institutional interest in the asset threatens a situation "that we may ultimately not like"

"Yeah, okay, an ETF comes along, the price rises to what it can - but what's the end result of one institution owning all this cryptocurrency?"

#BTC🔥🔥 #BTCETF #ETFWave #ETFTrends

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During the WebSummer Rio conference in Brazil, Animoca Brands founder Yat Siu said that Bitcoin will be worth more than $1 million in the near future. Siu made his statement during the event titled "Bitcoin's Revenge: Is Web3 Coming Back". At the same time, he said that the acceptance of Bitcoin by institutional investors is not as important as the development of blockchain-based financial services and games in Web3. "I believe that Bitcoin can reach $1 million or more. But this will not be because BTC has become a means of accumulating wealth, but because it will be one of the most status symbols of the digital economy of the future. Look at the Philippines, some Latin American countries - millions of people do not have access to banks, university or even school education. But now they have cryptocurrency wallets and are therefore included in the financial system, becoming educated in it, learning through games," Yat Siu noted.
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Morning market conditions The market is up today, most of the alts are green. BTC is trading around $64,900, ETH is trading around $3,175. Bitcoin dominance: 55.01%; Fear and Greed Index: 72 (greed); Altseason Index: 41; Market capitalization: $2.32 trillion.
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The bitcoin network has experienced another halving, resulting in a 50% reduction in miner rewards from the current 6.25 BTC to 3.125 BTC per block. This event is of key importance as it has a significant impact on the value of bitcoin and the overall health of the cryptocurrency market. 💸The main purpose of halving is to reduce inflation by reducing the issuance of new coins. On average, miners will now mine about 450 BTC per day compared to 900 BTC previously. 💸📈 Halving will continue until the last bitcoin is mined, around 2140. After that, miners will only earn money from transaction fees. 📣This event affects everyone here, even if you just came to click NOTCOIN a couple months ago. Since you are in the crypto market ecosystem. Congratulations on a historic event 👏
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✔️ BTC at $64,100, ETH at $3,070. The index of fear and greed is 66 (Greed). The altcoin season index is 37. The market capitalization is $2.274 trillion. 👇 From the news: 🔥 The fourth halving took place on the BTC network. 😉 Telegram Wallet has canceled fees for USDT transfers in the TON network until June. 📈 BitMEX has increased leverage from 100x to 250x for BTC futures. Thoughts on coins: 📉 Applicants for Short: - SAGA - ACH 📈 Applicants for Long: - AEVO - LDO
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⚡️Халвинг has passed successfully! The block reward has decreased to 3.125 BTC! 8400000000 blocks mined by ViaBTC mining pool!
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