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John K. Kumi



Articles by John K. Kumi

Next Bitcoin Halving Is Coming and It Will (Again) Pump BTC

October 26, 2022

Elon Musk has also made a bold prediction that the global recession will continue until near 2024 Bitcoin halving.Bitcoin has been in a bearish mode for some time with Peter Brandt, founder and CEO of proprietary trading firm Factor LLC predicting that the asset could trade between $17,000 and $23,000 till next year and a half before staging a bull run into new all-time highs. The current bear market has been linked to interest rate hikes to address the rising inflation, and it is unknown when things would return to normal. Regardless, renowned pseudonymous crypto trading expert PlanB has a strong conviction that Bitcoin could follow its historical data to record a pump to stage another bull run after the next halving event. PlanB relies on a chat that strictly follows the stock-to-flow

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Court Kicks Off $1,422,000,000 Deal between Bankrupt Crypto Lender Voyager and FTX US

October 24, 2022

According to recent reports, the US Court has approved Voyager’s entry into a $1.42 billion agreement with FTX to acquire its virtual assets.Crypto Lender  Voyager Digital filed for chapter 11 bankruptcy on July 4 after halting withdrawals a few days earlier. According to the company, the Three Arrows Capital default caused liquidity issues forcing them to take this decision. FTX US, therefore, submitted a bid to acquire the company in a “highly competitive” auction process pending court approval.According to recent reports, the US Court has approved Voyager’s entry into a $1.42 billion agreement with FTX to acquire its virtual assets. The FTX bid included the fair market value of all of Voyager’s digital assets as of September 26, worth $1.31 billion in addition to a separate $111 million

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