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Bitcoin, Fed
Struggling bitcoin miners may be revived by Fed rate decision, regardless of cut size
Whether the Federal Reserve delivers a 25 or 50 basis point rate cut, it could mean a turnaround for bitcoin miners, which have been struggling so far this year, market participants said.
Bitcoin miners face tough times as halving cuts rewards by over 90%
According to Jefferies, the average daily revenue per exahash—essentially, the income earned per miner—declined by 11.8% compared to the previous month. This drop underscores the growing financial pressures faced by miners amidst fluctuating market conditions and rising operational costs.
Bitcoin Broke $62K After Fed Rate Cuts. Here’s What Traders Say Will Happen Next
The Federal Reserve implemented a 50 basis point rate cut, with expectations of further reductions to bring the median benchmark rate to 4.4% by
9h
The Truth About Bitcoin: Busting The Biggest Myths
Regarding black markets and the dark web, Bitcoin’s impact is similarly minimal. The size of the global black market is ...
13h
Bitcoin outperformed nearly every asset class in past year — VanEck
Bitcoin has outperformed nearly every asset class over the past year, gaining 124%, while VanEck predicts its long-term bull ...
12h
Bitcoin Price and Hashrate Divergence May Set the Scene for a Potential Rally, Historical Data Shows
The divergence between Bitcoin's hash rate and price could signal a potential rally in prices, according to historical ...
cryptonewsz
19h
Satoshi Era Bitcoin Miner Wallets Come To Life With $16M BTC On The Move
On Friday, September 20, five Satoshi era Bitcoin miner wallets that had remained dormant for more than 15.5 years have ...
Cryptopolitan on MSN
2d
How Bitcoin mining is a viable investment: opportunities and limitations for new miners
Bitcoin mining is still growing to record levels, and is even more competitive. Starting a mining operation is a matter of ...
15h
VanEck Mid-September 2024 Bitcoin ChainCheck: 1-Year Review Edition
Bitcoin's performance surpasses nearly every other major asset class, but some investors have been spooked by the recent ...
6d
Bitcoin network hits record level of power, but falling profits push miners to AI
On the plus side, the cryptocurrency rose 12% in the past seven days and the network hash rate hit an all-time high. Hash ...
cryptopolitan on MSN
22h
Miners from Satoshi era of January 2009 move their 50 Bitcoin (BTC) rewards
Bitcoin from ancient miner wallets is moving. Coins mined as early as January 2009 were sent to new addresses.
1d
Bitcoin price today: BTC is trading at $62,661.23
As of 8 a.m. ET, the price of bitcoin, or 1 BTC, was $62,661.23. The crypto’s highest intraday price in the past year was $73 ...
Opinion
Bitcoin Magazine
2d
Opinion
Fractal Bitcoin: A Misleading Affinity
Firstly, the entire system is built around a new native token, Fractal Bitcoin, that is issued completely independent of ...
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