Crypto
Mint Explainer: What’s behind the surge in bitcoin prices
After rising by more than 150% in 2023, the price of bitcoin surpassed $45,000 on the second day of 2024, to its highest level since April 2022. Bitcoin is the world’s first cryptocurrency and the largest by market capitalisation. Many analysts and industry experts expect the rally to continue in the current calendar year, with some expecting bitcoin to rise to $100,000 in the coming months. (Although the price fell nearly 11% on Wednesday before bouncing back to $42,200, as per CoinDesk data. On Thursday morning in India, bitcoin was at about $43,100.)
Bitcoin last rose to its all-time high of $68,789 in November 2021 and then fell to a low of $15,760 in December 2022 amid the collapse of FTX, the largest cryptocurrency exchange, and fraud charges pressed by the US Securities and Exchange Commission against its CEO Samuel Bankman-Fried, fears of worsening macroeconomic conditions and rising interest rates.
The latest rally was triggered by impending developments–the halving of bitcoin rewards and the potential approval for a spot bitcoin exchange-traded fund in the US. The US Federal Reserve signalling interest rate cuts in 2024 has also helped the rally. Mint explains the factors behind the recent rally.
What is halving of bitcoin rewards and how does it affect the price?
The creators of bitcoin designed the cryptocurrency with a cap of 21 million to limit its supply, which they felt would create a scarcity as demand rises and thus push up its value. So far, 19.6 million have already been mined, and 900 bitcoins are added per day currently. Crypto miners are rewarded 6.25 bitcoins at present for every block they create and a new block is produced approximately every 10 minutes.
The code written by the inventors of bitcoin requires the rewards per block to be halved every time 210,000 blocks are added–which usually happens every four years. This halving of rewards is expected to happen in April-May, and the number of bitcoins rewarded per block created will drop to 3.125.
The number of bitcoins minted per block was 50 when it was created. The rewards were previously halved in 2020, and before that in 2012 and 2016. The final halving will happen around 2140, after which it will not be possible to halve the rewards. At that point, the number of bitcoins in circulation is expected to be about 21 million.
The halving of bitcoin rewards per block slows the increase in the supply of the cryptocurrency. As a result, bitcoin prices usually start to rise much before the halving event and usually soar after the halving takes place.
For instance, in the 12 months following the last halving in 2020, bitcoin gained about 560%. Similarly, in the 12 months after the first halving in 2012, bitcoin jumped more than 8,000%. If the same trends persist, bitcoin may soar to the levels projected by various industry experts and analysts.
Why are investors looking forward to spot bitcoin ETF?
The US SEC has until 10 January to approve proposals of asset managers to launch spot bitcoin exchange-traded funds. There are over a dozen applications before the markets regulator. It is widely anticipated that the SEC will approve the ETF proposals much before the deadline (it may come this week), even though it has not given any indications whether it will indeed approve the applications.
A regulated product like an ETF could encourage a lot more people and institutions to invest in bitcoins. Some estimate that about $3 billion may flow into the ETF products in the US on the first day.
Among those that have filed applications to launch ETFs based on the spot prices of bitcoin are Ark Investment, Franklin Templeton, BlackRock, Invesco and Fidelity.
Unlike the bitcoin futures ETF, which involves investment in futures contracts, spot ETFs invest in the cryptocurrency directly. Investors in the US can currently invest in bitcoin futures ETF, which were first launched in October 2021. Most of the asset managers who have sought SEC approval for spot bitcoin ETFs already run bitcoin futures ETFs.
Can the easing of interest rates also boost bitcoins?
Rising interest rates affected cryptocurrencies like all other asset classes that are risky. When the Fed held rates steady at its December meeting, cryptocurrencies gained.
More significantly, investors have been increasing their exposure to cryptos after a rough 2022, when stablecoins Terra and Luna crashed and the FTX scam came to light. With the Fed signalling that rate cuts may begin sometime in 2024, investors will be willing to increase their investment in risky assets such as cryptos.
While there is a lot of optimism around bitcoin at this point, another FTX-like bankruptcy or a scam can cause the cryptocurrency market to crash like it did in 2022. Most of these catch investors unaware, leading to deep losses.
Crypto
35 Best Bitcoin Casinos to Play in January 2026
Our Top 5 Crypto Casinos Reviewed
With so many crypto casinos available today, it’s easy to feel overwhelmed and unsure where to start. We’ve carefully explored and tested the top 5 crypto casinos, examining their bonuses, game selection, payment options, and customer support.
At Bitcoin.com, our in-depth reviews give you a clear picture of the leading Bitcoin friendly casino sites, helping you make an informed choice and discover the best places to play in 2025.
On our list, BC.Game is the best online crypto casino for players thanks to its versatility, fast-loading platform, and wide range of games. It combines an online casino, lottery, and sportsbook in one place, making it easy to move between sections and start playing in seconds.
We found that BC.Game offers a strong selection for all types of crypto players, including original titles, live dealer tables, and jackpot games. There’s also a category for high-volatility games for those seeking bigger payouts.
The platform lets players personalize their experience — you can add games to favorites, explore the provably fair system, and enjoy the VIP club perks. We also liked the addition of a blog and community forum, where players share strategies and learn more about crypto gaming. New players can claim a 300% welcome bonus on their first deposit, with a $10 minimum if made within the first 7 minutes after signing up. BC.Game also offers tiered deposit bonuses: 180% on the second deposit, 240% on the third, 300% on the fourth, Up to 360% on the fifth. Each level includes specific limits, which makes it flexible for both new and high-stakes players.
With fast transactions, a strong presence, and transparent gameplay, BC.Game ranks at the top of our list for crypto casino fans in the United States.
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Second on our list of Bitcoin online casino sites is Cloudbet, a trusted name in crypto gaming and one of the longest-running Bitcoin casinos available to American players. The platform is divided into three main sections: a sportsbook, an eSports area, and a BTC casino, making it easy to switch between different types of entertainment.
In the casino section, we found an extensive lineup of games, including Bitcoin baccarat, Bitcoin blackjack, slots, and classic table games. There’s also a solid range of provably fair arcade titles such as Dice, Keno, Mini Roulette, Plinko, Aviator, Mines, and Goal Mines — all designed for players who value transparency and instant gameplay.
For those who enjoy the live experience, Cloudbet’s live casino delivers high-quality streams and professional dealers through Evolution and OnAir Entertainment, offering games with competitive RTP rates and smooth performance across all devices. New players can access an impressive welcome package of up to $2,500, which makes it one of the most generous bonuses among Bitcoin casinos. We also appreciate the flexibility of 40+ supported cryptocurrencies, giving players the freedom to deposit and play using their preferred digital assets.
With strong reliability, excellent crypto support, and a proven track record in the market, Cloudbet stands out as one of the best Bitcoin casinos for players in 2025.
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Among the many choices for a crypto casino, Betpanda.io stands out for its energy, speed, and massive game library. It brings the full excitement of crypto gaming to American players with more than 6,000 games, including slots, live dealer tables, and exclusive titles like Aviator. Fast deposits, multi-crypto support, and minimal KYC make it quick and easy to jump in and start playing.
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Privacy and speed define Cryptorino, a crypto-focused online casino that continues to gain traction among players. As one of the best Bitcoin casino platforms, it makes getting started incredibly simple — players only need an email and username to register, keeping their identity private from the start. The site supports several major cryptocurrencies for both deposits and withdrawals, allowing for fast, secure transactions without traditional banking delays.
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If you’re looking for one of the best Bitcoin casinos, Mega Dice makes our list thanks to its fast, secure, and engaging crypto platform. Our team found that deposits, gameplay, and withdrawals happen smoothly, giving players full control over their Bitcoin and other cryptocurrencies.
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CLAPS Casino offers a secure Bitcoin gaming experience, featuring over 2,500 games, including slots, live casino, blackjack, and roulette. Its interface is intuitive, with fast navigation on both desktop and mobile. The platform supports multiple cryptocurrencies like Bitcoin, Ethereum, and Tether, making deposits and withdrawals quick and easy.
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Bets.io, a licensed crypto casino and sports betting platform, stands out as a top choice for players worldwide. The site delivers a modern, reliable experience focused on security and ease of use. Awards like Best Crypto Casino 2023 and Rising Star Casino Operator 2022 from SiGMA highlight its commitment to quality and innovation in online gaming.
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Our top crypto casino list also features Punkz.com, a crypto-friendly casino established in 2022, offering a wide range of games for every type of player. Megaways, table games, and grid slots are all available, with titles from Pragmatic Play, Hacksaw Gaming, and Playso.
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Year operation started
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Pros
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Welcome bonus
Supported languages
Accepted cryptocurrencies
License
Year operation started
Welcome bonus
Pros
Cons
Welcome bonus
Supported languages
Accepted cryptocurrencies
License
Year operation started
Welcome bonus
Pros
Cons
Welcome bonus
Supported languages
Accepted cryptocurrencies
License
Year operation started
Welcome bonus
Pros
Cons
Welcome bonus
Supported languages
Accepted cryptocurrencies
Year operation started
License
Welcome bonus
Pros
Cons
Welcome bonus
Supported languages
Accepted cryptocurrencies
License
Year operation started
Welcome bonus
Pros
Cons
Welcome bonus
Supported languages
Accepted cryptocurrencies
License
Year operation started
Welcome bonus
Crypto
Attorney General Jackley Proposes Legislation To Strengthen State’s Digital Cryptocurrency Investigations
Crypto
Venezuela Crisis Watch: Bitcoin Exchange Netflows Signal Caution, Not Crypto Fear
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