One individual miner mined a single block of Bitcoin, earning 6.36 BTC before the impending halving. On April 5, a lone miner with an equipment hash rate of 7 PH/s entered block #837,814 into the first cryptocurrency blockchain. According to Mempool, users received a total of 6.36 BTC at the time of block mining, including a fee of 0.1 BTC. This equates to $422,750. Source: Mempool CKPool pool manager Con Kolyvas noted that miners have been mining intermittently since the pool was last restarted, and on average have accumulated about 0.05% of the stake needed to solve a block. “The…
Author: Crypto Flexs
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The primary expense that must be paid by a blockchain is that of security. The blockchain must pay miners or validators to economically participate in its consensus protocol, whether proof of work or proof of stake, and this inevitably incurs some cost. There are two ways to pay for this cost: inflation and transaction fees. Currently, Bitcoin and Ethereum, the two leading proof-of-work blockchains, both use high levels of inflation to pay for security; the Bitcoin community presently intends to decrease the inflation over time and eventually switch to a transaction-fee-only model. NXT, one of the larger proof-of-stake blockchains, pays…
Funding • April 5, 2024, 12:39 PM EDT Posted 5 minutes ago In ~ “If there is no Ethereum ETF approval in May, we assume there will be litigation after May,” Nikolaos Panigirtzoglou, managing director and global markets strategist at JPMorgan, told The Block. “I think the most likely scenario is that the SEC ends up losing this lawsuit (similar to what happened with Grayscale and Ripple’s legal battle last year), which means the SEC will eventually approve a spot Ethereum ETF. This is probably ).”Notably, Panigirtzoglou maintained the probability of approval in May at 50%, despite recent reports that…
Predicting the next big move in the dynamic world of cryptocurrency is as much about understanding market sentiment as it is about recognizing technological innovations. As of April 19, three altcoins: Dogecoin (DOGE), Shiba Inu (SHIB), and Option 2 Trade (O2T) – is showing signs of potentially astronomical profits. These cryptocurrencies, each with their own unique appeal, are attracting the attention of smart investors aiming for 1000% returns. Dogecoin (DOGE): The Original Meme Coin Dogecoin (DOGE), the pioneer of meme cryptocurrency, has maintained a strong presence in the market despite volatility. With the support of a dedicated community and the…
In the cryptocurrency market, it is important to find the next big thing before you can succeed. With the Bitcoin halving event just around the corner, traders are looking for promising currencies that can yield high returns. Here are the top 5 cryptocurrencies that could explode in price below $0.1: 1. KANG 2. PEPE 3. GALA 4. VeChain (VET) 5. Flare (FLR) 1. KangaMoon (KANG): The best cryptocurrency to buy right now First on our list of top cryptocurrencies under $0.1 is KangaMoon (KANG). This rising pre-sale star soared 290%, raising more than $4 million. Some analysts also expect KangaMoon…
Optimism has seen a huge uptick in liquidity over the past few days. Operating profit prices continue to fall despite a surge in liquidity Among other layer 2 networks, Optimism (OP) has benefited tremendously from the recent Dencun upgrade of the Ethereum network, which has reduced gas fees for these networks. get liquid Over the past week, Optimism’s liquidity has increased by $62 million. Higher liquidity generally improves market efficiency and reduces slippage, making it more attractive for traders and investors to participate in network trading. This can drive increased trading activity and volume, contributing to an overall healthier ecosystem.…
Australian asset management company Monochrome plans to launch Korea’s first physical Bitcoin exchange-traded fund (ETF) that holds physical Bitcoin.Just came in: 🇦🇺 First #Bitcoin Australian spot ETF launched "In 2024" Asset management company Monochrome says:It will be the first Australian ETF to hold the holding. $BTC right away. pic.twitter.com/x8nYRNzZra— Bitcoin Magazine (@BitcoinMagazine) April 5, 2024 Monochrome has submitted an application to list its flagship Bitcoin ETF on stock exchange Cboe Australia. The company expects approval by mid-2024.Unlike previous Australian Bitcoin exchange-traded products, Monochrome’s ETFs hold actual Bitcoin. This structure mirrors the highly successful spot Bitcoin ETF in the US.The Australian…
Bitget Announces Listing of MUMU, a New Memecoin with a Mission – Chainwire housenewsroomBitget Announces Listing of MUMU, a New Memecoin with a Mission We use cookies to make your experience on Chainwire’s website better. 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 a specific service expressly requested by the subscriber or user or for the sole purpose of carrying out the transmission of communications over an electronic communications network. Technical storage or…
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 ReportWhile the broader cryptocurrency market is flat, meme coins have had a tough time today, recovering from recent highs.Solana-based Dogwifhat (WIF) continued its decline from its all-time high on March 31, falling double digits overnight. The cryptocurrency is currently down 15.9% on the day and 10.4% on the week and is trading at $3.26 per CoinGecko data.Other dog-themed coins also fell over the past day, including Dogecoin (DOGE) down 4.9%,…
The SushiSwap governance proposal proposes to transfer assets from a DAO-managed treasury to a new DAO-managed treasury. episode episode -2.19% Labs will ensure that all future airdrops are delivered to the Sushi Labs vault.“We propose that Sushi DAO grant 25 million Sushi tokens to Sushi Labs, including assets from Arbitrum airdrops, business development and partner grants, Kanpai 2.0, Sushi 2.0, rewards, stablecoins and ‘Sushi House’ funds. request.” Here’s a suggestion from SushiSwap developer Jiro:The proposal also stipulated that the new Sushi Labs entity would be the sole beneficiary of any future airdrops awarded to Sushi by the protocol and its…