... their mined coins, financing operations through fiat means. However, the severe crypto winter of 2022 and the need to merge with US Bitcoin Corp. necessitated adjustments. In 2023–2024, Hut 8 has sporadically sold small volumes of BTC to cover operational ... ... the approval of spot BTC-ETFs in the U.S., investments from funds, and capital influx from traditional investors searching for inflation hedges. These factors may offset miners' sales. Some analysts believe bitcoin has a chance to reach a new all-time high ...

... U.S. Federal Reserve, at its July meeting, predictably kept rates unchanged, avoiding negative surprises, although upcoming inflation data and the annual Fed symposium in Jackson Hole could temporarily increase volatility. Overall, the sentiment in the ... ... at levels not seen since 2018, confirming increased investor interest. Tether (USDT) — the largest stablecoin pegged to the US dollar at a 1:1 ratio. USDT is widely used by traders and investors to preserve capital during high market volatility, as well ...

... occurred in May 2010 when programmer Laszlo Hanyecz purchased two pizzas for 10,000 BTC. 2011: Bitcoin reached parity with the US dollar and then surged to $31, before undergoing a correction to $2. 2013: The price of Bitcoin exceeded $1,000, only to decline ... ... institutions and corporations have begun investing in Bitcoin, recognizing its potential as a store of value and hedge against inflation. Recognition and regulation: Many countries have started developing legislation to recognize and regulate the use of ...

... to announce its interest rate decision. Any adjustments could influence the yen and set the tone for Asian markets. Reserve Bank of India (09:30 GMT): The release of the latest meeting minutes will provide insights into the central bank's stance on inflation and economic growth. Economic Data Releases Purchasing Managers' Index (PMI) Data: Germany (11:30 GMT): The Manufacturing PMI will offer a glimpse into the health of Europe's largest economy. A strong reading may indicate industrial recovery....

... investments, investors seeking safe havens amid inflation risks, and favorable macroeconomic conditions with moderate global inflation. An additional driver is the anticipation of the launch of the first Bitcoin spot ETFs in the U.S.: several Wall Street ... ... court victory over the SEC, resulting in XRP hitting multi-year highs. Tether (USDT) — the largest stablecoin pegged to the US dollar at a 1:1 ratio; widely used by traders as a "safe haven" for capital preservation during market volatility....