Bangkok Post - Bitkub upbeat on chance for Bitcoin 'super cycle'

14 hours ago · Bitkub said spot Bitcoin ETFs remain a focal point for institutional investors. As of year-end 2024, ETF issuers collectively held 1.13 million BTC, valued at roughly $109 billion, …

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Bangkok Post - Bitkub Upbeat On Chance For Bitcoin 'super Cycle'

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Bangkok Post - Thai Regulator Considers Country’s First Bitcoin Fund

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5 hours ago · Digital-asset trading activity in Thailand is picking up in line with a wider rally that pushed bitcoin to a record high of $108,315 in December, but remains well short of its …

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FAQs about Bangkok Post - Bitkub upbeat on chance for Bitcoin 'super cycle' Coupon?

Will bitcoin become a'supercycle' in 2020?

In 2020, Dan Held, a Bitcoin educator and marketing adviser for Trust Machines, predicted that Bitcoin would eventually see a “supercycle,” citing the increased value of the network as adoption grows (Metcalfe’s law), increased scarcity due to the halving and increased institutional adoption. ...

Is there a boom-and-bust cycle to the cryptocurrency industry?

The conventional wisdom of the cryptoverse is that there is a boom-and-bust cycle to the blockchain and cryptocurrency industry. This cycle is led by the “King of Cryptos,” Bitcoin. Bitcoin (BTC) is programmatically set to have a halving cycle roughly every four years, which cuts the supply of new coins awarded to miners in half. ...

When is the next bitcoin halving event?

Supply: The next Bitcoin halving event will occur around April 2024 at block height 840,000, and 96.9% of all the existing BTC will have been mined. This means the supply part of the supercycle equation is checked. Even if grassroots demand stays the same, this would indicate a higher fiat price. ...

Will blockrock support bitcoin?

Institutional demand: Assuming BlockRock and the other financial powerhouses are granted spot Bitcoin ETFs in the U.S., the amount of investment from institutions, family offices, sovereign wealth funds and high-net-worth individuals could give Bitcoin support in raising the fiat value to a certain level. ...

Why is bitcoin halving?

Bitcoin (BTC) is programmatically set to have a halving cycle roughly every four years, which cuts the supply of new coins awarded to miners in half. The halving sends a supply shock to the market, and as seen in the past three cycles, this under- and overvaluation in the market is partially responsible for the dramatic ups and downs. ...

Where can I buy a bitcoin ETF in 2021?

The first physically-backed BTC ETF was launched in Canada in February 2021 by Purpose Investments. Since then, Canada has also approved the CI Galaxy Bitcoin ETF and Evolve Bitcoin ETF. In Germany, there is the ETC Group Physical Bitcoin ETF, while Brazil and Australia also launched spot Bitcoin ETFs in 2021 and 2022. ...