Bitcoin miners saw substantial shifts in their revenue during 2024, a pivotal year marked by the network’s fourth halving event. As bitcoin’s block reward dropped from 6.25 BTC to 3.125 BTC at block 840,000 in mid-April, the dynamics of mining profitability shifted dramatically, influencing revenue trends throughout the year. From Peaks to Valleys: The Dramatic […]
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from the past week. This edition examines the defiant stance of El Salvador’s government on bitcoin and how Bukele will continue to push for its adoption and purchases despite the recently issued IMF deal. Latam Insights Encore: El […]
On Monday, Bloomberg spotlighted Blackrock’s Ishares Bitcoin Trust, or IBIT, as the “greatest launch” in exchange-traded fund (ETF) history. Bitcoin Takes Center Stage as Blackrock’s IBIT Breaks Records Blackrock, the world’s largest asset manager, reached an all-time peak of $ 11.5 trillion in assets under management by the end of Q3 2024, thanks to …
Donald Trump clinched the presidential nomination in November, creating a frenzy of bitcoin price predictions that range from a modest $ 130,000 to a mind-bending $ 49 million per coin. Top Minds Predict Bitcoin’s Price Trajectory A black swan event is an occurrence so rare and unpredictable that no one sees it coming, …
Blockchain sleuths have flagged a notable acquisition: on Dec. 30, 2024, a bitcoin address believed to be linked to stablecoin issuer Tether added 8,404.48 BTC to its reserves, valued at a cool $ 772 million. Blockchain Detectives Spot $ 772M Bitcoin Transfer to Tether Tether, known for issuing the largest stablecoin by market …