Author: e_cash_top
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Mining through the halving: Survival strategies for 2024
[ad_1] Bitcoin’s 4th halving event is scheduled to occur on April 22nd, at event block height 840,000. As each block, containing executed transactions, is mined, it is stamped with a block height, noting how many blocks have been generated before the latest one. This way, block heights create a chronologically ordered digital ledger, granting Bitcoin…
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How Asia’s next crypto investment wave will be ignited from Bitcoin ETFs
[ad_1] On January 10, 2024, the U.S. Securities and Exchange Commission (SEC) approved multiple applications for spot Bitcoin ETFs. On day one, $4.6B in shares were traded, with cumulative trading volume exceeding the $50B mark by February 22. The ETF approval in the U.S. is expected to have a far-reaching impact across Asian markets where…
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Bitwise reveals spot Bitcoin ETFs outperformed pre-release predictions by a significant margin
[ad_1] Spot Bitcoin exchange-traded funds (ETFs) surpassed several predictions about their assets as their collective assets under management (AUM) hit $59.1 billion within the first three months of the year, Bitwise revealed in a research report on April 11. JP Morgan and Bitcoin investment management firm NYDIG anticipated that spot Bitcoin ETFs could achieve an…
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Bitfarms expands Bitcoin mining hashrate to 7 EH/s with Quebec upgrades
[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge, powered by Access Protocol. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Important: You must lock a minimum of 20,000 ACS If you…
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Top IRS official says ‘pure crypto tax crimes’ on the rise alongside scams
[ad_1] IRS criminal investigation chief Guy Ficco told CNBC on April 12 that taxpayers are increasingly committing tax crimes involving crypto. Ficco said the IRS has seen an increase in “pure crypto tax crimes” that fall under Title 26 of the US Code, which includes federal income tax violations. Crimes considered pure tax crimes involve…
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Lisbon Blockchain Conference to focus on education and connectivity in its fourth edition
[ad_1] Portugal-based Nova SBE Blockchain Club is hosting the fourth edition of the Lisbon Blockchain Conference on April 24 to discuss blockchain technology and its impact on business and the economy, according to a statement shared with CryptoSlate. The event will feature over 20 distinguished speakers slated to cover various aspects of the industry and…
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Bitcoin’s crash to $65k causes meltdown for alts
[ad_1] Bitcoin’s (BTC) value plummeted below $66,000 on April 12, a stark drop from its $71,000 peak earlier in the day, as a wave of selling hit the crypto and equities markets, causing some altcoins to fall more than 15% in a matter of minutes. The decline mirrored a broader selloff across asset classes amid…
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Solana deploys congestion fix on devnet
[ad_1] Solana developers have released a new version of the validator client software to address persistent congestion issues and are urging validators to upgrade immediately. Anza, a spinoff of Solana Labs, spearheaded the development with the release of version 1.18.11 aimed at mitigating network congestion. Validator clients, essential in proof-of-stake blockchains like Solana, verify transactions…
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US court hands down historic sentence for smart contract hacker
[ad_1] A US court has sentenced Shakeeb Ahmed to three years in prison for hacking two separate decentralized crypto exchanges and stealing digital assets worth over $12 million, according to an April 12 statement from the US Department of Justice. The sentencing marks the first time someone has been convicted for hacking a smart contract.…
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Bitcoin’s looming halving event prompts massive accumulation
[ad_1] Quick Take The aggregate accumulation by various Bitcoin cohorts, ranging from shrimps (holding less than one BTC) to super whales (10,000+ BTC), has surpassed the monthly issuance, painting a bullish picture for the future of BTC. All Cohorts vs Issuance: (Source: Glassnode) We are rapidly approaching the next Bitcoin (BTC) halving, with the event…