Bitcoin Rally Holds Around $63,700 Following 4th Block Reward Halving
BTC chart (CoinDesk data)
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BTC chart (CoinDesk data)
Soccer has the World Cup. Athletics and many other sports have the Olympics. Crypto has the halving. The milestone in the blockchain’s 15-year history technically means a cut in rewards for crypto miners with each block – a feature designed to minimize inflation.
The latest in blockchain tech upgrades, funding announcements and deals. For the period of April 18-24.
According to court documents, Chirag Tomar used his ill-gotten gains to buy Rolexes, Lamborghinis, Porches and more.
Large bitcoin investors substantially increased their holdings as prices dipped below $60,000 in early Friday’s panicky action on the crypto markets ahead of the asset’s much-anticipated halving event.
The U.S. Internal Revenue Services (IRS) has previewed what crypto investors’ future tax form might look like when it finishes its much-debated rule on how cryptocurrency transactions should be reported to the federal government.
Token unlocks are usually bearish events, increasing a token’s supply.(FLY:D/Unsplash)
One of the closely watched indicators of retail interest is booming.
Amid growing scrutiny over financial trades by members of Congress, Representative Barry Moore has disclosed a Bitcoin (BTC) purchase made … Continue reading
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