Bitcoin’s broken production cost floor is splitting miners into survivors and sellers
Bitcoin miners' production cost was supposed to be the level Bitcoin couldn't fall through, but it's been sitting below it for weeks.
Read sharp crypto market analysis, expert breakdowns, and on-chain insights covering Bitcoin, Ethereum, altcoins, and macro trends.
The Trump administration called Basel's 1,250% crypto weight anti-competitive, the EU kept it, and global banks are stuck building different products for different borders.
Kalshi’s broader board is now visible, but depth, spreads, funding, and venue habit will decide whether alt markets matter.
Regulated securities rails could give BTC treasury firms a new engine, if product demand and mNAV math hold up.
BIS research puts private dollar tokens closer to sovereign funding markets than the payment-rail debate suggests.
The MAS warning list does not stop the network, but it shifts pressure to the front end users actually see.
The July 1 deadline will show whether licensed venues can absorb users without weakening execution or stablecoin access.