Share this article It was the moment most Bitcoin friends had been waiting for. At 8:10 PM ET on Friday in New York, Bitcoin (BTC) experienced its fourth halving at a block height of 840,000. Block reward decreased from 6.25 BTC to 3.125 BTC.Data from Blockchain.com shows that despite block rewards being cut in half, miners on block 840,000 raked in huge transaction fees. The fee is over 37 BTC, or over $2.4 million.On this historic day, the Bitcoin price remained relatively stable above $63,000. The price reached $64,120 at the time of the halving and then dropped slightly shortly…
Author: Crypto Flexs
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This is the second post in a series on how to use current Ethereum tools to build smart contracts without programming experience. Download the latest version of Ethereum wallet, Read the first part And let’s have fun! Creating tokens is fun, but what is the value of a token that doesn’t do anything new? Now let’s create a new contract that will use the token we just created. The contract will be a democratic organization that will exist on the blockchain, and anyone holding a shared token will be able to vote on the proposal. So let’s go back to…
Shiba Inu (SHIB) price was expected to rise 43% before the meme coin fell victim to market weakness. However, SHIB has support from investors as well as the market to potentially begin a recovery. Shiba Inu investors prepare for rally The price of Shiba Inu has influenced investor behavior in the past. Meme coins tend to react positively to their bullish movements, which is expected this time around. According to the Market Realized Value to Value (MVRV) ratio, SHIB is in the opportunity zone. MVRV ratio monitors investors’ profits and losses. Accumulation may ensue as Shiab Inu’s 30-day MVRV is…
Crypto industry advocates are opposing legislation that could limit stablecoin offerings in the United States. The Lummis-Gillibrand Payment Stablecoin Act has been introduced. U.S. Senators Cynthia Lummis and Kirsten Gillibrand Wednesday will require stablecoins to be collateralized by one-to-one cash or cash-equivalent reserves, effectively making algorithmic stablecoins illegal. Federal and state authorities responsible for stablecoin licensing and enforcement. However, Coin Center, a cryptocurrency-focused non-profit organization, said A letter to lawmakers on Friday called the proposed framework an “irrational” and even “unconstitutional” measure that could stifle innovation in the U.S. cryptocurrency industry. “While it may be reasonable to require issuers of…
Early this morning, news broke that Israel had attacked Iran, and as a result, the cryptocurrency market plummeted due to the news.What’s interesting about the chart above is that the price quickly recovered from $59,690 to $64,800 in just a few hours, and within that time we can be sure that institutional funds like BlackRock were buying up discounted Bitcoin for their ETFs. .Whether by coincidence or strategic timing, all of this happened right before the scheduled Bitcoin halving event. This event only occurs once every four years.A Bitcoin halving event marks a point in time when the production of…
April 19th Part 7: Looking forward to Bitcoin’s new post-halving reality Post time: 14:33h education by admin Estimated date for the 4th halving: April 20, 2024, 01:20 UTC Bitcoin Halving is a cornerstone event in the cryptocurrency world, significantly changing the landscape of the entire cryptocurrency industry every four years by halving the reward for mining a new block on the Bitcoin blockchain. This mechanism, set up by Bitcoin creator Satoshi Nakamoto, not only reduces the rate at which new Bitcoins are created, but also plays a key role in Bitcoin’s market dynamics and its recognition as equal to digital…
XVC Tech Announces Strategic Investment in TradeTogether to Strengthen Web3 Asset Management – Chainwire housenewsroomXVC Tech Announces Strategic Investment in TradeTogether to Strengthen Web3 Asset Management We use cookies to make Chainwire’s website a better experience. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting communications over electronic communications networks. Technical storage or access is necessary for the…
If we do the research, you can get alpha!Get exclusive reports and key insights on airdrops, NFTs, and more! Subscribe to Alpha Reports now and enjoy the game!Go to Alpha ReportThe oldest and largest blockchain entered its 840,000th block shortly after midnight UTC on Saturday morning, marking the start of the latest Bitcoin halving, beginning on April 20 (12:10 AM ET). Despite all the hype and expectations, BTC price has remained stable.The price of BTC was at $63,976 when the pivotal block was issued, a gain of 1% in the last 24 hours, according to CoinGecko data. Thirty minutes later…
Gavin Wood, the creator of the Polkadot protocol, has released a new Gray Paper outlining the network’s upcoming Join-Accumulate Machine (JAM) upgrade. The announcement was made during Wood’s presentation on the future of Polkadot at the Token2049 crypto conference in Dubai. Wood introduced the JAM Implementer’s Prize, a 10 million DOT prize pool to encourage diverse development of the JAM protocol. Polkadot unveils JAM upgrade According to presentationThe JAM upgrade aims to replace the relay chain, which serves as the central data chain of the Polkadot network, with a “more modular and minimalist design” that will allow Polkadot to run…
Dubai, UAE, April 18, 2024, Chainwire SeedHunter is a platform dedicated to fostering and fostering collaboration among each other. Influencer and cryptocurrency projects to gain traction in Web3 Community. The company has a fresh new perspective on how to connect high-potential influencers and KOLs with their respective cryptocurrency projects and investors in a profitable, scalable, and secure manner. Seed Hunter Released April 18, 2024Debut service: marketing module. This is a platform that allows cryptocurrency projects to manage and maintain influencer marketing campaigns more efficiently, securely, and effectively. The launched marketing campaign can be uniquely tailored to the needs of your…