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Bitcoin Miner Transaction Revenue Sees 400% Year-Over-Year Growth in 2023

Dec 26 2023 @ 15:23
In 2023 alone, Bitcoin miners amassed revenues exceeding $10 billion, adding to a cumulative $57 billion earned over the previous 15 years. In 2023, according to Coinmetrics data, Bitcoin (BTC) miners averaged a daily transaction fee revenue of $2 million, marking a fourfold rise from the previous year’s figures. Annual Growth in Bitcoin Miner Revenues […]
 

BlackRock Engages with SEC and Nasdaq on Spot Bitcoin ETF Listing Guidelines

Dec 20 2023 @ 21:12
In recent deliberations, there has been extensive discourse surrounding Nasdaq’s proposition for an amendment to its regulations, specifically aiming to facilitate the listing and trading of a spot Bitcoin ETF. This proposed modification falls under the purview of Nasdaq Rule 5711(d), marking a significant stride in the evolving landscape of digital asset investment vehicles within...
 

Cryptocurrency's Evolution: Transitioning from Speculation to Foundational Principles

Dec 20 2023 @ 05:36
Long-standing expectations foresaw Cryptocurrency evolving into on-chain enterprises characterized by well-defined business models, sustainable cash flows, and the creation of long-term economic value. The prevailing belief is that crypto, encompassing public blockchains and the associated protocols and businesses, will metamorphose into a universally acknowledged global asset class. Gradually...
 

Earning Helium 5G Mobile Tokens through Mining: A Blockchain-Powered Mission for Affordable Global Internet Connectivity

Dec 15 2023 @ 09:51
You can engage in the growth of decentralized 5G infrastructure with Helium by setting up a Hotspot to earn MOBILE tokens. This “set it and forget it” investment opportunity allows individuals and businesses to contribute to wireless networks and receive rewards in the blockchain’s native token, MOBILE. Helium’s innovative approach to 5G network expansion not […]
 

Curated Selection: Bitcoin Literary Gems for 2024

Dec 13 2023 @ 00:47
As the venerable patriarch of cryptocurrencies, Bitcoin continues to occupy a distinctive niche in the affections of investors. Consequently, a plethora of books have emerged, delving into the rich history of Bitcoin, unraveling the enigma surrounding its creator, Satoshi Nakamoto, and exploring the profound impact of Bitcoin and blockchain technology on our world. In 2024, […]
 

Decoding the $4.3 Billion Binance Transaction

Dec 06 2023 @ 05:20
In the cryptocurrency boom of 2017, Binance emerged as a major player. The era was dominated by Initial Coin Offerings (ICOs), a trend where entrepreneurs would introduce a new crypto venture, create new tokens to raise funds (akin to issuing shares in an IPO) and utilize the proceeds for company development. Amidst Bitcoin’s soaring all-time […]
 

Ark Invest Executes GBTC Share Sale to Sustain Strategic Investment Position

Dec 05 2023 @ 07:57
In a strategic move, Cathie Wood’s ARK Invest recently divested $5.02 million worth of Grayscale Bitcoin Trust (GBTC) shares, marking a deliberate adjustment to maintain their investment weight. This decision comes as GBTC has experienced a remarkable 76% surge since August, prompting ARK Invest to align its portfolio with a 9% allocation cap. As part […]
 

BTCUSD Rally Faces Resistance and Consolidation, Signals Impending Downside

Dec 04 2023 @ 03:30
BTCUSD rally faces resistance and consolidation, signaling an impending downside. The second bounce off the rising trendline sparked a considerable rally, driving BTCUSD to the notable price level of $35000.00. Prior to the attainment of $35000.00, BTCUSD had formed a bullish order block around the $30000.00 psychological level. The impulsive momentum witnessed a decline as […]
 

ETHUSD Sets to Begin Its Reversal to the Downside

Dec 04 2023 @ 03:06
ETHUSD is set to begin its reversal to the downside as the distribution phase ends. Following the formation of the $2030.00 high, ETHUSD was immersed in the discount as the bulls exited the market. The downtrend that emerged as a result of the crash from the $2030.00 high ended as the price approached $1530.00. Owing […]
 

Is Solana Really Worth the Hype Surrounding it?

Nov 29 2023 @ 00:25
There’s a renewed excitement among crypto enthusiasts surrounding Solana, and it’s not without merit. The value of SOL has soared by more than 350% in the past year. Positioned as a prominent Layer 1 project, Solana boasts a substantial user base of approximately 100,000 daily users, contributing to tangible revenue of around $50,000 per day […]
 
 
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