While the price continues its high-level consolidation, we analyse various factors that suggest the speculative froth has largely departed. This creates the perfect preconditions for a leg higher later this year.
Bitcoin’s energy usage has been a sore point in the past. Now the miners are turning the argument around. Bitcoin will eventually be seen as a force of good in the way energy is generated, distributed and managed.
We continue to see more avenues for institutional adoption, this time in the UK
It’s notable that BTC has made a new high in a developed market, Japan. Debasement – and crypto adoption – are global phenomena.