4 reactions
⚡️ Canadian 🇨🇦 base fintech company plans to buy bitcoin and bitcoin ETF.
#cryptocurrencynews #tangled #millix
#cryptocurrencynews #tangled #millix
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8 reactions
💰 Bitcoin Miners Near Final Month Before Reward Halving Slashes Revenues
There are 34 days left until the Bitcoin network’s halving event, expected on or around April 20, 2024, which will reduce miners’ rewards by half. Bitcoin’s price has remained above $60,000 throughout March, reaching close to $74,000 on March 14. Between onchain fees and the price increase, these factors could offset revenue losses from the halving for miners. However, the halving will make mining much less profitable, particularly for those with high operational costs, potentially leading some to cease operations.
#millix
#cryptocurrencynews
#Tangled
There are 34 days left until the Bitcoin network’s halving event, expected on or around April 20, 2024, which will reduce miners’ rewards by half. Bitcoin’s price has remained above $60,000 throughout March, reaching close to $74,000 on March 14. Between onchain fees and the price increase, these factors could offset revenue losses from the halving for miners. However, the halving will make mining much less profitable, particularly for those with high operational costs, potentially leading some to cease operations.
#millix
#cryptocurrencynews
#Tangled
7
8 reactions
💰 9 New Bitcoin ETFs Surpass GBTC by Accumulating 450,000 BTC Worth Over $30B
The latest statistics on bitcoin reserves from the nine new spot bitcoin exchange-traded funds (ETFs) reveal they currently possess 453,503.98 bitcoins, valued at approximately $30.29 billion based on the current exchange rates.
#millix
#tangled
#cryptocurrencynews
The latest statistics on bitcoin reserves from the nine new spot bitcoin exchange-traded funds (ETFs) reveal they currently possess 453,503.98 bitcoins, valued at approximately $30.29 billion based on the current exchange rates.
#millix
#tangled
#cryptocurrencynews
7