Bitcoin Halving 2024 Around 70 Days from Here but Miners Put Selling Pressure on BTC Price
As block rewards will reduce by 50% after Bitcoin halving in April 2024, BTC miners are selling heavily to finance the purchase of more efficient mining rigs.
Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
As block rewards will reduce by 50% after Bitcoin halving in April 2024, BTC miners are selling heavily to finance the purchase of more efficient mining rigs.
Binance briefly dethroned CME as the top exchange with the highest BTC Futures Open Interest rates on 6 February.
Violators of crypto law in South Korea now risk receiving fines up to five times the amount of illegal funds, or life imprisonment.
Despite the delays, there’s optimism in the financial sector regarding Ethereum’s potential price rise.
Company’s CEO Graber confirms that Bluesky currently has about 1.6 million monthly users and about 25,000 custom feeds.
The launch of MinsCoin not only provides a new way for residents to interact with local whitelisted businesses and projects but could also shed light on how technology can be used to steer social interactions, economic participation, and solidarity within communities.
MicroStrategy acquired extra 850 Bitcoins for $37.2 million in January despite the poor stock performance since the beginning of the year.
With the settlement now approved, BlockFi can proceed with the distribution of assets from the lending estate to its creditors, the primary reason for seeking expedited approval.
The ministry has relaxed tax regulations by waiving the 7% VAT on earnings generated from cryptocurrency and digital token trading. Also, there’s no VAT applicable for token transfers.
The trial is also examining certain documents that are connected to Craig Wright’s supposed involvement with cryptocurrency before BTC was introduced.
CleanSpark plans to acquire a facility in Dalton, Georgia, with an initial $3.4 million payment. An additional $3.5 million investment will complete the project by April, expanding Dalton presence to three sites.
The adoption of these rules comes amidst a broader regulatory push aimed at bringing greater clarity and oversight to the cryptocurrency industry.
The majority of Bittensor (TAO) tokens have been staked to earn a passive income, thus bolstering a 106% spike in the past four weeks to trade around $493 on Wednesday.
The IBIT ETF from BlackRock is now the fifth-largest of all US ETFs by inflows, despite heavy outflows from Grayscale’s product.
The deal allows MetaMask users to utilize Robinhood’s services to purchase digital assets directly through the MetaMask wallet.