Bitcoin Magazine Pro and Samara Alpha Management are teaming up again for The Bitcoin Alpha Competition. Samara Alpha will award the winner $1 million in seed capital to run a bitcoin hedge fund.
With Hong Kong asset managers somewhat reluctant to submit applications for the new ETF, a series of multibillion-dollar firms from Mainland China have entered the market.
The Lightning Network is facing a growing number of developers that consider it a “dead end” as capacity drops. Nevertheless, major new partnerships keep breathing in new life.
Halving hype and ETF inflows have left Bitcoin miners with all-time profit margins. Firms are accumulating money in a mad dash, and reinvesting it to prepare for the imminent halving.
Argentina’s plummeting economy has seen citizens turn to Bitcoin as a store of value. The legislature passes friendly laws as the pro-Bitcoin president has his hands full with the crisis.