Bitcoin’s Halving Impact: A Game Changer for Global Solo Mining Profitability
Rising energy costs and halving effects have drastically altered Bitcoin solo-mining economics worldwide.
A recent data set indicates that the number of Bitcoin wallets holding between 0.1 and 1 BTC has increased by 9,563 since the beginning of the year. Conversely, the number of crab wallets containing 1 to 10 BTC has decreased by 7,783. Those bitcoin wallets holding between 100 and 10,000 BTC, which may be considered to be of a similar magnitude to that of a dolphin, shark, or whale, have made a notable impact, with 101 new addresses emerging since the beginning of January.
BlackRock, the world's largest asset manager, has bought another 1,413 bitcoins for over 93 million dollars. This makes BlackRock one of the most important institutional players in the Bitcoin market.
As Arkham Intelligence recently reported, BlackRock – the giant hedge fund with over $10 trillion in assets under management – bought more Bitcoin (BTC) this week than any ETF issuer has sold in the past three weeks. BlackRock bought 388.19 million dollars' worth of Bitcoin over four days to create their own IBIT spot Bitcoin ETF. Read more on U.Today: https://u.today/blackrock-buys-massive-amount-of-bitcoin
Strong inflows into Bitcoin and Ether ETFs signal increasing institutional interest and market optimism.
Base's TVL is now at $2.08 billion, up from around $430 million at the start of the year.
Top campaign officials are meeting with crypto insiders to discuss policy. They don't expect a big announcement before the vote.
There were some positive developments on the crypto market last week. In particular, the cut in interest rates by the US Federal Reserve (Fed) had a positive effect, with the reduction of 50 basis points leading to several cryptocurrencies rising significantly in price.
The banks are looking to give the Swiss financial system a bit of a makeover to make it more competitive in the digital age.
Two young men, Malone Lam and Jeandiel Serrano, are accused of stealing over $230 million in cryptocurrency from a victim in Washington, D.C., spending it on extravagant luxuries.
It was a while before US presidential candidate Kamala Harris made any public comments about cryptocurrencies. That's all changed now. Can she do better than former President Donald Trump?
There's a chance that the wrapped bitcoin derivative cbBTC will be launched on Solana soon. This was announced by Coinbase at Token2049.
Money has changed since the advent of cryptocurrencies. This is mainly due to the fact that it is easy to send and receive money.