Bitcoin Miners’ Average Revenue Per Block Dips 25% in 3 Days, Falling to 3.83 BTC
In the last 24 hours, bitcoin miners have faced significantly reduced earnings, with the current hashprice lingering at a significant low. Just five days ago, miners were harvesting an average of 5.105 BTC per block, between a blend of new BTC and transaction fees, following a peak in the hashprice.
Read More...Marathon Digital’s hash rate is pulling ahead of expectations a week after the halving
Bitcoin miner Marathon Digital is ahead of schedule, now expecting to reach 50 EH/s of mining power by end of 2024 instead of 2025. The post Marathon Digital’s hash rate is pulling ahead of expectations a week after the halving appeared first on Crypto Briefing.
Read More...Bitcoin Runes Transactions Generate $135M Fees in First Week
Bitcoin runes steal the show, generating tens of millions in fees in the first week.
Read More...Oldest US Bank Invests In 2 Bitcoin ETFs, SEC Filing Shows
The Bank of New York Mellon Corporation (BNY Mellon), the oldest and one of the largest banks in the United States, has disclosed its investments in Bitcoin Exchange Traded Funds (ETFs). According to its recent Securities and Exchange Commission (SEC) filings, BNY Mellon has acquired stakes in spot BTC ETFs managed by BlackRock and Grayscale.
Read More...Bitcoin Mining Profitability Metric Hits All-Time Low After 4Th Halving
As the Bitcoin (BTC) network navigates through the aftermath of its fourth Halving event, a key metric providing insight into the profitability of BTC mining has plummeted to an all-time low. The hashprice, coined by Luxor, descended to $57.09 on Friday, April 26.
Read More...Bitcoin and Ethereum Options Set to Expire: Traders on High Alert
Bitcoin and Ethereum options expiry impending amidst market uncertainty. BlackRock’s Bitcoin ETF records zero inflows for consecutive days.
Read More...Bitcoin ETFs Face Investor Exodus: Fidelity Fund’s Record Outflow Signals Shift in Sentiment
TL;DR Fidelity Bitcoin ETF records an outflow of funds for the first time. Most US Bitcoin ETFs are showing sluggish performance, with only one fund recording an inflow. BlackRock’s IBIT and other ETFs saw no inflows, reflecting cautious market sentiment.
Read More...Analyst Warns One Crypto Asset Category About To Face a Reckoning, Maps Path Forward for Bitcoin and Hedera
A widely followed cryptocurrency analyst and trader believes one type of crypto asset is about to implode. The analyst pseudonymously known as Credible Crypto tells his 391,500 followers on the social media platform X that memecoins could suddenly collapse in value.
Read More...Deciphering Bitcoin’s Halving Impact: Navigating New Market Realities
The altered dynamics, as many point out, to be caused by Bitcoin halving might introduce shifts that might be difficult for new crypto adopters to grasp and understand.
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