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Bitcoin mining hits $2bn in March 2024
Bitcoin mining businesses generated $2bn monthly revenue from block rewards and transaction fees in March.
This feat surpasses the previous record of $1.74bn set back in May 2021.
This is according to data by Bitcoin Magazine assessed by The PUNCH on Tuesday.
Bitcoin Magazine is the world’s first and foundational digital…
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Fox Business Analyzes Bitcoin Halving’s Market Impact
The upcoming Bitcoin halving event has attracted attention from financial media, including Fox Business, as analysts discuss its potential effect on cryptocurrency prices.Bitcoin Halving reduces the rate at which new bitcoins are created, ultimately affecting the total supply in circulation, which is scheduled to occur every four years.Experts…
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BitGo Rolls Out RBF Integration for Faster Bitcoin Transaction Processing
BitGo, a prominent provider of Bitcoin wallets and custody solutions, has unveiled a new enhancement to its platform with the introduction of Replace-By-Fee (RBF) integration,…
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MicroStrategy to Raise $500M in Debt for Bitcoin Purchase
MicroStrategy Incorporated (Nasdaq: MSTR) has announced that it intends to raise $500 million from a private offer of convertible senior debt notes due 2031.…
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Breaking: We Will Let People Pay with Bitcoin — Donald Trump
Former U.S. President Donald Trump has declared that his administration will permit Americans to pay for goods and services with Bitcoin if re-elected.…
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BTC supply crunch sparks frenzy ahead of Bitcoin halving
2024-03-09 04:49:03 ET
Despite pulling back to around $68,500, analysts are optimistic about a continuation of the Bitcoin bull cycle after
it hit a new all-time high (ATH) of $70,083.05 on March 9
, fueled by increasing institutional interest and growing adoption.
However, amidst this upward…
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