What Happens If Bitcoin Miners Stop Mining? 🤯

If Bitcoin miners were to suddenly stop mining altogether, several significant consequences would occur:

1. Transaction Processing Delays: Without miners, transactions would not be processed, leading to significant delays in confirming transactions. This would affect the functionality and usability of Bitcoin as a medium of exchange.

2.Security Risks: Miners play a crucial role in securing the Bitcoin network by validating transactions and adding them to the blockchain. Without miners, the network's security would be compromised, making it vulnerable to attacks such as double-spending.

3. Network Disruption: The absence of miners would disrupt the functioning of the entire Bitcoin network, potentially leading to a loss of confidence among users and investors.

4. Price Volatility: The sudden halt in mining activity could lead to panic selling and extreme price volatility in the Bitcoin market as investors react to the uncertainty surrounding the network's future.

Overall, the cessation of mining activity would severely disrupt the Bitcoin ecosystem and could potentially undermine its viability as a decentralized digital currency.

#mining #Halving!

ETF trading in Hong Kong from April 30🗓️

Hong Kong has officially cleared the way for six crypto-based spot ETFs to begin trading on April 30, according to Bloomberg analysts. Initially, three spot Bitcoin and three spot Ether exchange-traded funds will become available. Hong Kong appears to be positioning itself as a digital assets hub with the ETF approval.

#Crypto #ETF

BlackRock tokenizes MMF on Hedera

Archax, a London-based digital asset exchange, tokenized the BlackRock ICS US Treasury money market fund (MMF) on the Hedera (HBAR) blockchain. Collaborating with the HBAR Foundation and Ownera, Archax brought the MMF to Hedera. This milestone follows Hedera Council member abrdn's successful tokenization of its MMFs on Hedera last year.

#HBAR $HBAR

Fidelity Bitcoin ETF draws $40m inflow

Fidelity's Bitcoin ETF drew a $40 million investment from two US financial advisers, making it the largest single investment in a Bitcoin fund. Legacy Wealth Management and United Capital Management of Kansas invested $20 million each in shares of Fidelity Wise Origin Bitcoin Fund (FBTC), becoming top shareholders.

#BTC #ETF

Shiba Inu raises $12 million 🔥

Shiba Inu, the Ethereum-based ecosystem represented by the SHIB token, raised $12 million in a token sale round for building its privacy-focused blockchain. Investors include Animoca Brands, DWF Ventures, Polygon Ventures, and others. The new network will be built on top of layer-2 network Shibarium and offer enhanced privacy for users.

#Shiba $SHIB

Firms seen to boost #BTC ETF holdings

Bitwise CEO Hunter Horsley predicts wealth management firms will increase their Bitcoin ETF holdings. The prediction comes at a time when Bitcoin ETFs are expected to gain more traction after the halving. This aligns with growing demand for ETFs, as US ETF investments saw a net inflow before the halving, following five days of outflows.
#BullorBear

What's the purpose of #Bitcoin halving?

Aptos Labs collaborates with Microsoft ✴️

Aptos Labs partnered with major tech and finance firms to build Aptos Ascend; a digital asset management platform for financial institutions. The product will use Microsoft Azure and Azure OpenAl Service. It will tap Brevan Howard's market investment expertise to guide financial institutions offering digital currency and SK Telecom's web3 technology.

#Apt $APT

Bitcoin halving' searches soar 🧐

Google Trends reports record-breaking interest in 'Bitcoin halving,' surpassing previous highs and expected to double compared to 2020 halving. The search interest score for 'Bitcoin halving' stands at 45, predicted to hit 100 by month-end, indicating peak popularity. Nigeria, Netherlands, Switzerland, and Cyprus show the highest search interest.

#bitcoinhalving #bitcoin

Binance Updates the FDUSD Zero Trading Fee Promotion for Regular and VIP 1 Users

Fellow Binancians, As Binance conducts regular reviews of its promotion offerings to provide users with the most value and competitive services, Binance will be updating its FDUSD Zero Trading Fee .

👉 Link

Can I take this entry ?
or Exit.

Will the Binance ban in India make Indian users permanently unavailable?🤔

India hasn't permanently banned Binance, but it has imposed a shadow ban. This means that Indian users can't access the Binance website or app directly.

Here's a quick breakdown:

Shadow Ban: Indian authorities are blocking access to Binance through internet service providers (ISPs). This restricts direct access, but users can still potentially access Binance through virtual private networks (VPNs).
Reason for Ban: The Indian government is concerned about non-compliance with anti-money laundering regulations by Binance.

There's no official word on whether the ban will be permanent. Binance is communicating with Indian regulators to potentially regain access.

Here are some resources for you to stay updated:

Binance announcement on the situation: [Binance India shadow ban]
News article on the topic: [India shadow ban crypto exchanges]

#CryptoNews #binance

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Worldcoin wallet has 10m users 🧐

Tools for Humanity's Worldcoin-compatible wallet has acquired more than 10 million users. The World App wallet now boasts users in more than 160 countries, including 2 million daily active users. The uptick in users follows the rollout of new data management tools for users of Worldcoin.

#Worldcoin

Crypto Alert: PEPE Surge! Up 3.50% in 24 Hours.

PEPE is gaining momentum. The token has gained 3.50% in the past 24 hours and 8.5% in the last week to trade at $0.00000732 as of 12 p.m., April 12. The uptick in Pepe's price can be attributed to the launch of perpetual Pepe futures on Coinbase. DYOR before you act!

#Pepe $PEPE