Crypto News

The ongoing supply crunch Bitcoin's total circulating supply is currently capped at 21 million, with a diminishing issuance rate that halves every four years through a process known as halving. This fixed supply coupled with increasing demand has created a supply crunch, driving up prices over the long term. This phenomenon has been exacerbated by the recent influx of institutional investors, such as Tesla and MicroStrategy, allocating a portion of their treasury reserves into Bitcoin. These moves have further reduced the available supply in the market, putting upward pressure on prices. Regulatory developments The regulatory landscape surrounding Bitcoin and other cryptocurrencies has been a major factor in their price movements. As governments and central banks continue to grapple with how to classify and regulate these digital assets, any changes in policies or announcements can have a significant impact on market sentiment. Recently, the U.S. Securities and Exchange Commi...