sources: 1. https://www.reuters.com/business/finance/venezuela-accelerate-cryptocurrency-shift-oil-sanctions-return-2024-04-22/#:~:text=HOUSTON%2FCARACAS%2C%20April%2022%20(,familiar%20with%20the%20plan%20said. 2. https://www.coindesk.com/policy/2024/04/23/venezuela-looks-to-tether-to-bypass-sanctions-reuters/?utm_campaign=coindesk_main&utm_source=twitter&utm_term=organic&utm_content=editorial&utm_medium=social — This is a comment on: https://yakihonne.com/flash-news/nevent1qgs067xr0ufu82w4hn5qmse834ffh2ggu5geay8ezvvst3d95rkqsvcpr3mhxue69uhkummnw3ez6vp39eukz6mfdphkumn99e3k7mgpr3mhxue69uhkummnw3ez6vpj9eukz6mfdphkumn99e3k7mgpremhxue69uhkummnw3ez6vpj9ejx7unpveskxar0wfujummjvuq3gamnwvaz7tmjv4kxz7fwv3sk6atn9e5k7qpqtd3wk4qvfnqfcy3pe65fvx2h5249thay77qc3fkl9e26e6cd0gjsnf8mzc
Analysts at Bitfinex estimate that the new BTC supply added to the market could drop to $30 million per day, amounting to less than five times the average daily inflows into the spot-based ETFs.
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/4AVA3QECL5DHBCY5MD2JZO6M2Y.jpg)
🇻🇪Venezuela to accelerate cryptocurrency adoption for oil sales to work around new US sanctions.
.webp
Bitwise Asset Management expects bitcoin to have a great next 12 months.
A Bitwise researcher has explained that the cryptocurrency will likely continue to test its “higher highs” this year and next.
He considers regulatory risk to be the primary concern for bitcoin.
Failed Mt. Gox’s $9 Billion of Bitcoin Closer to Being Disbursed to Creditors.
US accused Russian nationals of hacking and felling Mt. Gox.
_gen/derivatives/landscape_620/a-neon-bitcoin-cryptocurrency-logo-at-a-crypto-exchange-kiosk-in-warsaw-poland-on-thursday-march-14-2024-bitcoin-extended-a-retreat-from-its-latest-record-high-amid-an-intensifying-debate-about-whether-the-bull-run-in-cryptocurrencies-is-evidence-of-speculative-froth-in-global-markets-photographer-damian-lemanski-bloomberg.jpg
Foundry to Isolate and Monetize Bitcoin Halving's 'Epic Satoshi,' Distributing Earnings Among Pool Members.
Economist Peter Schiff Declares 'Bitcoin Fad is Over' as Gold Prices Soar.
Gold immediately rallies 1.6% to $2,416. Bitcoin immediately tanks 4% down to $61K. Which one is a safe haven and which one is a highly speculative digital token?
What will you choice?
Nym partners with Liquid Federation to enhance Bitcoin layer-2 privacy.
The mathematics of Bitcoin halvings: Cracking the equations and formulas.
1. The role of halving events in Bitcoin’s scarcity mechanism and inflation control
2. The Bitcoin money supply equation
3. The math behind the Bitcoin halving
4. How to calculate the approximate time between Bitcoin halving events
5. Potential impact of Bitcoin halvings on cryptocurrency adoption
Mainland Chinese investors won't likely get the green light to buy the newly launched Hong Kong-listed spot bitcoin ETFs, Bloomberg Intelligence analysts reported.
BLACKROCK RELEASES BITCOIN EDUCATION SERIES.
The worlds largest asset manager continues to market and educate new investors on its spot Bitcoin ETF.
Bitcoin’s comeback is prompting hopefuls to ditch their studies and start companies in an industry that only just left a devastating downturn.
On a day of listing of new cryptocurrencies and an increase of up to 39%, Bitcoin is fighting for support at US$63,000.
Fed indicates that inflation should force interest rate extension while Treasuries and threats in the Middle East put pressure on VC.
Bitcoin price today 04/17/2024: bulls are out of strength and BTC accumulates a 9% drop in pre-halving movement.
The bulls are out of strength and are unable to hold back the falls in BTC, which has already fallen by 9% in the last 7 days. Analysts still expect one last rally before the halving.
Mining stocks have underperformed bitcoin this year. The CEOs of these companies remain upbeat ahead of the halving citing stronger balance sheets, the report said. Some CEOs noted the potential for consolidation in the sector, Bernstein said.
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/R7MMD3E6XZDKBDJLK2GJMLL2FM.jpg)
Is the Bitcoin Rally Over? Reasons to Stay Bullish on BTC Despite Correction.
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/WJSXGYWM6RHSDL2SJLJWVGQC5Q.jpg)
Bitcoin-like mining protocol Ore halts mining on Solana amid network congestion.
?isSafari=false&isMobile=false
Did Strong Bitcoin ETF Demand Kill Halving's Potential Bullish Rally?
- Bitcoin's upcoming halving might not have as much of an impact on the price of bitcoin as seen in previous cycles.
- This is because the spot bitcoin exchange-traded funds (ETFs) have already pushed bitcoin to new highs as pressure on supply strengthened.
- Nevertheless, the long-term effects on both the price of bitcoin and subsequently flows into the ETFs will be positive.
The bitcoin halving is expected in the next week. Here are 6 ways it will impact BTC mining：
1. Bitcoin’s hashrate will not drop by that much
2. High-cost miners will be forced to upgrade fleets
3. Miners will find creative ways to increase profits
4. Some miners will diversify away from mining
5. Bitcoin mining will become more geographically decentralized
6. Little impact on the bitcoin price
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/H5CTNX4PARGOZII27ELTTBZUSU.png)
Onchain Data Reveals Single Custodian’s Major Role in Bitcoin Block Rewards.
