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Bitcoin Layer 2 Coins, STX, ELA, SAVM, Outperform BTC After Halving

Bitcoin Layer 2 Coins, STX, ELA, SAVM, Outperform BTC After Halving

Posted by By admin April 22, 2024Posted inFinanceNo Comments
STX, the native token of leading Bitcoin Layer 2 network Stacks, has risen nearly 20% to $2.87 since quadrennial halving reduced the per block coin emission to 3.125 BTC from…
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Bitcoin Miners Reap Windfall as ‘Runes’ Debut Sends Transaction Fees to Record Highs

Bitcoin Miners Reap Windfall as ‘Runes’ Debut Sends Transaction Fees to Record Highs

Posted by By admin April 21, 2024Posted inFinanceNo Comments
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.CoinDesk is an award-winning media outlet that covers the cryptocurrency industry.…
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USDe Holders Should Monitor Ethena Labs’ Reserve Fund to Avoid Risk, CryptoQuant Warns

USDe Holders Should Monitor Ethena Labs’ Reserve Fund to Avoid Risk, CryptoQuant Warns

Posted by By admin April 21, 2024Posted inFinanceNo Comments
Ethena Labs, the firm behind the USDe stablecoin, currently offers an annual yield of 17.2%, a rolling average over the past seven days, to investors that stake USDe or other…
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Polymarket See 32% Chance of No Fed Rate Cuts This Year

Polymarket See 32% Chance of No Fed Rate Cuts This Year

Posted by By admin April 21, 2024Posted inFinanceNo Comments
“We know that there is no traditional justification for U.S. rate cuts in the short term. Employment is strong, retail sales are beating expectations, Q1 GDP is expected to be…
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Bitcoin (BTC) Miners Are Better Positioned to Weather the Halving This Time: Benchmark

Bitcoin (BTC) Miners Are Better Positioned to Weather the Halving This Time: Benchmark

Posted by By admin April 21, 2024Posted inFinanceNo Comments
“Most of the publicly traded bitcoin miners have initiated or announced plans to increase their electricity and hashrate capacities as a means of adjusting to their reduced revenue and gross…
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Bitcoin (BTC) Spot ETFs Register Five-Day Withdrawals Streak Ahead of Halving

Bitcoin (BTC) Spot ETFs Register Five-Day Withdrawals Streak Ahead of Halving

Posted by By admin April 21, 2024Posted inFinanceNo Comments
"Key liquidity drivers, such as stablecoin growth and US-listed Bitcoin ETF inflows, have slowed down - as we have mentioned for several weeks. ETF flows peaked on March 12, and…
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Tether Expands Its USDT and XAUT Stablecoins to TON Network Targeting Telegram’s 900M Users

Tether Expands Its USDT and XAUT Stablecoins to TON Network Targeting Telegram’s 900M Users

Posted by By admin April 21, 2024Posted inFinanceNo Comments
While Telegram's crypto wallet supports various blockchains for deposits and withdrawals, "to encourage the adoption of TON, trading fees are substantially reduced," Halil Mirakhmed, chief operating officer of Wallet in…
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Bitcoin (BTC) Price Bounces as Halving Nears

Bitcoin (BTC) Price Bounces as Halving Nears

Posted by By admin April 21, 2024Posted inFinanceNo Comments
U.S.-based spot bitcoin (BTC) exchange-traded funds (ETFs) registered outflows totaling $4.3 million on Thursday, extending a four-day run of withdrawals ahead of the supposedly bullish mining-reward halving. Since April 12,…
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Crypto Markets Will Be Driven by Geopolitics, Macroeconomy After the Bitcoin (BTC) Halving, Coinbase Says

Crypto Markets Will Be Driven by Geopolitics, Macroeconomy After the Bitcoin (BTC) Halving, Coinbase Says

Posted by By admin April 20, 2024Posted inFinanceNo Comments
While crypto has been largely been viewed as a “risk on” asset class, Coinbase says “bitcoin’s continued resilience and the approval of spot exchange-traded funds (ETFs) has created a bifurcated…
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Grayscale Reveals 0.15% Fees For Its Bitcoin Mini Trust ETF

Grayscale Reveals 0.15% Fees For Its Bitcoin Mini Trust ETF

Posted by By admin April 20, 2024Posted inFinanceNo Comments
The filing also provides an illustrative example of the amount of Bitcoin (BTC) Grayscale will contribute to the mini fund: 63,204 bitcoin, or 10% of existing assets in GBTC, as…
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