We bid farewell to another quarter in the world of Bitcoin; we draw ever closer to the impending halvening. Bitcoin has experienced a modest bounce since the lows of 2022. Over the past few months, institutions, regulators, and miners have all taken center stage, shaping the prevailing market themes. These themes serve as guiding beacons for investors as we navigate the path forward toward the next halving. For those riding the Bitcoin wave, it’s been an exhilarating journey with the protocol’s resilience on full display.

Bitcoin cycles often provide volatility in both directions but no matter the price, faith in the protocol remains unshakable. Even today, far from the all-time highs, one in four millennials and 14% of adults own Bitcoin. This is a significant jump from years ago when most people never owned any Bitcoin. The cyclical nature of Bitcoin, coupled with its unyielding monetary policy, continues to inspire users to dedicate their time and resources to integrate it into their lives.

Bitcoin is more than just the numbers and charts on our screens. It represents a revolutionary protocol that relies on a community of dedicated individuals working to advance the network. Our goal today is to bring you the news that made heads turn this quarter.

Read the Full Quarterly Report

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Table of Contents

  • A New Epoch Approaches

  • Quiet Market: The Return of Volatility

  • Bitcoin: An Oval Office Asset?

  • Mining

  • When Bitcoin ETF?

  • The Future(s)

  • Fair Value Accounting

  • Developer News

  • HODL On

  • Price Action

  • Idle Hands

  • Slaying the BearWhale

About BitGo

BitGo is the leading infrastructure provider of digital asset solutions, offering custody, wallets, staking, trading, financing and settlement out of regulated cold storage. Founded in 2013, BitGo is the first digital asset company to focus exclusively on serving institutional clients. BitGo is dedicated to advancing a digital financial services economy that is borderless and accessible 24/7. With multiple Trust companies around the world, BitGo is the preferred security and operational backbone for more than 1,500 institutional clients in 50 countries, including many of the world’s top brands, cryptocurrency exchanges and platforms. BitGo also secures approximately 20% of all on-chain Bitcoin transactions by value and is the largest independent digital asset custodian. For more information, please visit www.bitgo.com.

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