Posts published on April 30, 2024 go to media archive 3/4

Iris Energy Boosts Hashrate to 9 EH/s Amid Declining Bitcoin Miner Earnings

This week, the Nasdaq-listed bitcoin miner Iris Energy Limited announced it has boosted its hashrate to 9 exahash per second (EH/s) and aims to reach 10 EH/s in the coming month. This development follows the network’s fourth halving and…

Major Bitcoin Developments Points To A Wilder Bull Cycle Than Anticipated

Lark Davis, a well-known cryptocurrency analyst and trader, has identified several significant developments in the Bitcoin ecosystem that could trigger an even more intense bull cycle than initially anticipated. Davis’s perspective delves…

$1 Million Bitcoin Alpha Competition for Bitcoin 2024

The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now…

HK vs. US: China AMC Leads but Can’t Lift Hong Kong Spot Bitcoin ETFs to US Levels

Hong Kong’s debut of six spot bitcoin and ethereum exchange-traded funds (ETFs) garnered HK$87.5 million ($11 million) on their first day, April 30. However, these ETFs underperformed compared to their U.S. counterparts, which had attracted…

Fear of Impermanent Loss: Though ‘Overstated,’ It Has Impacted Participation in Liquidity Pools, Says Mehdi Lebbar

Although decentralized finance (defi) continues to evolve, it is being perceived as the domain of a select few, Mehdi Lebbar, the co-founder of the investment platform Exponential, says. However, he argues that defi protocols can alter this…

Tron (TRX) & Aptos (APT) Community Joins DTX Presale After Massive 100X Rally Begins

The cryptocurrency market is evolving at a fast pace, bringing new opportunities and platforms that challenge traditional financial systems. Among these, Tron (TRX) and Aptos (APT) are two significant altcoins that have made headlines recently for…