Key Points
scaled $40,000 for the first time since May 2022 as the largest digital asset extended a rebound on expectations of interest-rate reductions and greater demand from exchange-traded funds...
Bitcoins rebound from the 2022 crypto crash has weathered a US crackdown that put. behind bars for fraud at FTX and handed top crypto exchange Binance and its founder Changpeng Zhao rap sheets and big fines...
Optimists argue the drive to curb questionable practices and the flurry of ETF applications signal a maturing industry and the potential for a widening investor base for digital assets...
One of the props for sentiment is the so-called Bitcoin halving due next year, which will cut in half the amount of tokens that Bitcoin miners receive as reward for their work...
