The 2024 halving is approaching for Bitcoin and especially for the world of miners, who play an essential role in its ecosystem. Its role is fundamental for the maintenance of the network. functional, secure and transparent bitcoin. The upcoming Bitcoin halving in April 2024 will reduce miner rewards, increasing competition due to rising hash rates […]
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Eleanor Terett emphasized the need for a futures-based XRP ETF as a precursor to spot-based approval. Over the past few weeks, speculation about a potential XRP ETF has been rife within the cryptocurrency community. XRP continues to witness significant wallet adoption, surpassing 5 million active wallets on the network. The recent introduction of Bitcoin ETFs […]
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Estonian Government approves the extradition of the HashFlare defendants. Terraform Labs files for protection under Chapter 11 of the Bankruptcy Law. Investors fear collapse and disappearance of Bitcoin, survey reveals. In Brazil, pre-candidate for mayor is arrested for alleged extortion related to cryptocurrencies. OKX suspends cryptocurrency mining services amid changes in the industry. Ivan Turogin […]
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In this week’s spotlight are news and trends in the leading cryptocurrency. To begin the weekly Bitcoin roundup, Bloomberg analyst Eric Balchunas responded to Peter Schiff’s criticism of Bitcoin amid fund outflows from the Grayscale Bitcoin Trust (GBTC). Peter Schiff attacked the recently launched Bitcoin ETF spot products, noting that they are not “creating additional […]
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CryptoQuant CEO Ki Young Ju had pointed to the derivatives market as responsible for Bitcoin’s recent fall. Bitcoin recently rose above $42,000, after trading below $40,000 for several days. This market recovery is believed to be the result of different factors, including recent revelations about the US economy. Macroeconomic Factors Contributing to Bitcoin’s Recent Rise […]
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