The rise in the rate of the first cryptocurrency above $61 thousand coincided with the publication of unemployment data in the United States. According to data published by the US Department of Labor, the number of new jobs in the non-farm sector in April amounted to 175 thousand, which is almost half as much as analysts predicted. The unemployment rate rose to 3.9% in April.
Coal mining corporation Alliance Resource Partners presented a financial report for the first quarter of 2024 and announced to shareholders that it had begun commercial operation of cryptocurrency mining equipment. The report said operating income for the first quarter of this year was approximately $160 million, of which approximately $40 million came from cryptocurrency mining, a new business for Alliance Resource.
Recently, CTO of venture capital firm Andreessen Horowitz, Eddy Lazzarin, compared memcoins to gambling, saying that these tokens give blockchain and cryptocurrencies a bad name.
One of the operators of the main site of the Bitcoin network infrastructure, an admin under the nickname Cobra, issued an alarmist warning: the US authorities will soon prohibit people from storing bitcoins on their own. American regulators, according to the administrator of Bitcoin.org, are preparing to introduce a complete ban on self-storage of cryptocurrency. This means that US citizens will have to involve intermediaries who will store digital assets. Cobra believes that imposing restrictions and enforcing them may not be practical. “If you think that governments won’t come for your bitcoins, then you just haven’t been paying attention,” Cobra warns on X’s social network page.
The chief researcher of Internet Computer and the DFINITY Foundation, Dominic Williams, said that the main problem of the crypto market is marketing deception. According to the expert, 95% of existing blockchain projects are trash.
At an April 30 hearing in the Western District Court of Washington, Judge Richard Jones sentenced Zhao to four months in prison, although prosecutors had recommended that the former Binance CEO be given three years for failing to maintain an effective anti-money laundering fight.
Judge Jones explained that there was no evidence that Zhao was “ever aware” of Binance's specific illegal activities, so he opposed prosecutors' request to increase the sentence from 18 months to three years.
Even though prominent financial firms such as BlackRock, Grayscale, VanEck, Fidelity and others have filed applications for an Ethereum-based spot ETF, the SEC has continually delayed them. Accordingly, the appearance of a ticker symbol does not guarantee approval by the SEC, which has the sole authority to approve or disapprove such investment products.
Negative funding rates on Bitcoin perpetual futures contracts signal that traders are starting to lose faith in Bitcoin's continued growth after the halving.
Well, the lottery has been won, thank you all!? BlackRock's IBIT fund faces lack of inflows for the first time since its inception
will miners keep bts in their wallets? in order to sell at a higher price than can provoke growth or speculation in the market, even at the bin the influx of Fiat fell by 25% compared to last year, but this is just my guess.
Experts surveyed by Bloomebrg estimated the losses of miners after the halving at $10 billion. According to analysts from the management company Bitwise, the halving will lead to a decrease in the rate of bitcoin emission by $11.5 billion.
Everything is going according to plan, how are you feeling?? We are going smoothly for now, bts new indicators. someone writes about my drawings on the graphs, but in fact they sit in the minuses with their drawings and do not see the exact goal with their analyzes.)))
Rosfinmonitoring will monitor large mining companies, as well as entrepreneurs involved in crypto. a complete ban on cryptocurrency will be announced in September