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2024-04-18 19:59:58 Bitcoin Miners Remain Optimistic About Future Despite Anticipated Revenue Loss

The CEOs of bitcoin mining firms reportedly remain bullish despite the anticipated drop in block rewards, which is set to follow the top cryptocurrency asset’s halving on or around April 20. Many of the CEOs believe a combination of low-cost operations and more efficient equipment will enable miners to offset the revenue loss related to the halving. According to a report, Bitcoin’s fourth halving since its launch will result in miners losing as much as $10 billion in revenues.

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2024-04-18 10:40:16 Crypto ETFs other than Bitcoin and Ethereum funds will '100%' be approved: Grayscale

Grayscale's ETF chief is bullish that regulators will eventually have to approve exchange-traded funds based on cryptocurrencies other than bitcoin and ether. David LaValle, Grayscale's global head of ETFs, was asked during a roundtable discussion on Wednesday if he thought exchange-traded funds based on other cryptocurrencies might gain approval in the next two to three years.

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2024-04-17 19:29:58 Bitcoin halving could be 'buy the rumor, sell the news' event, crypto payments company CEO says

The bitcoin halving could be a "buy the rumor, sell the news" event, according to the CEO of a crypto payments solution provider. "With more sophisticated market participants and institutional investors in this market cycle, we may see a case of ‘buy the rumor, sell the news’ for this halving," Coinify CEO Rikke Staer said in an email sent to The Block.

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2024-04-16 20:22:01 Bitcoin ETFs Are Driving a Spot Multiplier Effect, Canaccord Says

While there has been a lot of noise about how much assets under management (AUM) bitcoin (BTC) exchange-traded funds (ETFs) are attracting, it is now becoming obvious that these ETFs are driving additional demand for the underlying cryptocurrency itself, broker Canaccord Genuity said in a research report on Monday. The broker held its 2024 Digital Assets Symposium last Thursday and hosted leaders from 29 crypto-related companies.

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2024-04-15 21:12:01 Adidas and STEPN Team Up for High-Tech Sneaker NFTs

STEPN is making moves. Following its significant $100M $GMT airdrop, the Move-to-Earn blockchain game unveiled Genesis Sneaker NFTs in partnership with Adidas and its web3 venture, ALTS by Adidas. “A lot more to come” has also been teased, fueling excitement among blockchain and sneaker buffs alike. However, it remains unclear whether these digital assets will include physical counterparts, like the ‘Adidas X Crazyfast Bugatti‘ football boots.

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2024-04-14 16:34:57 Join the Top Telegram Crypto News Channel: Cryptocurrency Inside!

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2024-04-01 21:00:21 JUST IN : Taiwan's Ministry of the Interior has given the green light for the formation of a cryptocurrency industry association.

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2024-04-01 17:34:10 Web3 infrastructure firm Xion secures $25 million in funding — link | tl;dr

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2024-04-01 14:00:27 Ethereum enters the weekend on top of NFT market with over US$11 million in daily sales

Ethereum NFT sales rose 5.21% to US$11 million on Friday to lead the market while Bitcoin, Thursday’s top network, had a 16% slump. Bitcoin ranked second on Friday with US$10.21 million in total sales. Despite the drop in sales, Bitcoin is expected to surpass US$3 billion in total sales this week. The network is less than US$700,000 away from the milestone. Solana, ranked third, experienced a 21.58% sales drop to US$5.30 billion.

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