Bitcoin miners are heading toward the 2028 halving with thinner margins, tighter power markets and a growing need for capital discipline. Bitcoin’s fifth halving is roughly two years away, and the mining sector is heading into it with far less margin for error than in 2024, as higher costs, tighter energy markets and clearer regulation reshape the industry. At the last halving in April 2024, Bitcoin (BTC) traded at around $63,000 as rewards fell from 6.25 BTC to 3.125 BTC per block, according to Coingecko. In April 2028, at the next halving, miners face higher input costs for half the new coins, as rewards drop to 1.5625 BTC. That looks tougher in a world of record hashrate, higher energy prices and more selective capital. Energy security has also become a strategic concern after geopolitical shocks jolted fuel and power markets, while regulators from Washington to Europe move from ad-hoc guidance to formal regimes for custody and licensed institutional platforms. Read more
Stablecoin adoption in Europe is shifting from strategy to execution, with demand increasingly driven by real-world needs. Banks and corporates across Europe are moving beyond exploration and are now actively selecting infrastructure partners to support stablecoin adoption, according to Lamine Brahimi, co-founder and managing partner at crypto custody technology provider Taurus. Brahimi told Cointelegraph that 18 months ago, most conversations were still educational, focused on understanding stablecoins and their risks. Today, firms with board-level approval are preparing to go live. He said the introduction of the EU’s Markets in Crypto-Assets Regulation (MiCA) has accelerated that transition by replacing fragmented national rules with a single bloc-wide regulatory regime. “In the past 12 months alone some of Europe's most stringent financial institutions are all arriving at the same conclusion, digital assets, including stablecoins, belong inside the existing banking stack, not beside it,” he said. Read mor...