News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
According to The Block’s halving countdown, Bitcoin’s next halving event, when miners’ block rewards are cut in half, is just a calendar month away. The estimated time remaining would see Bitcoin’s fourth halving arrive on April 20, with the block reward dropping from 6.25 BTC to 3.125 BTC.
Bitcoin price has historically retraced ahead of previous Bitcoin halvings, but when will it bounce back?
The bitcoin price has climbed back above the $63,500 mark.Market volatility over the past day has resulted in the liquidation of over $150 million leveraged bitcoin positions.
The Grayscale Ethereum Trust discount has slid to its lowest level since November 2023.This comes as pundits become more doubtful that a spot Ethereum ETF will find approval by May.
Ethereum Layer 2 Starknet’s 2024 roadmap will see parallel execution introduced in Q2. Cairo Native integration and data availability compression are also among Starknet’s potential updates this year.
- 00:52MicroStrategy has been purchasing Bitcoin every quarter since Q3 2020According to Bitcoin Magazine, MicroStrategy has been purchasing Bitcoin every quarter since the third quarter of 2020.
- 00:50Overview of Important Overnight Developments on November 121:00-7:00 Keywords: Immutable, Tether 1. Florida CFO: The state holds $800 million worth of crypto investments; 2. Citi: Gold prices may still rise to $3,000 per ounce within the next six months; 3. Immutable responds to receiving a Wells notice from the US SEC, stating that IMX tokens are not securities; 4. If Bitcoin falls below $70,000, the cumulative liquidation intensity of long positions on mainstream CEX will reach $1.97 billion; 5. Tether's net profit in the third quarter reached $2.5 billion, with cumulative profits of $7.7 billion in the first nine months of this year; 6. Since Gary Gensler became the chairman of the US SEC, the crypto industry has spent over $400 million on enforcement responses; 7. Italian Finance Minister: Digital assets carry "extremely high risks," and a 42% capital gains tax on crypto is necessary.
- 00:44In the past 1 hour, a total of 46.3664 million US dollars were liquidated across the network, mainly long positionsAccording to Coinglass data, in the past hour, a total of 46.3664 million US dollars have been liquidated across the network. Of this amount, long positions accounted for 45.8888 million US dollars and short positions accounted for 0.4775 million US dollars.
