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Considering the significant expenses associated with mining and the lack of a substantial increase in Bitcoin's price, only the most efficient miners are expected to survive the halving event, while others may be forced to close down.
Kerri Langlais, the Chief Strategy Officer at TeraWulf (WULF), emphasized the importance of energy costs and equipment efficiency in determining the post-halving landscape.
Miners with higher production costs per bitcoin are likely to face greater challenges in maintaining their operations.
Data compiled by Zhao indicates that Stronghold Digital Mining (SDIG), Cipher Mining (CIFR), and Riot Platforms (RIOT) have the lowest production costs, amounting to $8,200, $8,600, and $10,400 per bitcoin, respectively, in the first quarter.
The news credit goes to coinDesk.
#ozuru #BTC #btchalving2024 #BTCHALVING #TrendingTopic
Kerri Langlais, the Chief Strategy Officer at TeraWulf (WULF), emphasized the importance of energy costs and equipment efficiency in determining the post-halving landscape.
Miners with higher production costs per bitcoin are likely to face greater challenges in maintaining their operations.
Data compiled by Zhao indicates that Stronghold Digital Mining (SDIG), Cipher Mining (CIFR), and Riot Platforms (RIOT) have the lowest production costs, amounting to $8,200, $8,600, and $10,400 per bitcoin, respectively, in the first quarter.
The news credit goes to coinDesk.
#ozuru #BTC #btchalving2024 #BTCHALVING #TrendingTopic
Uniswap Labs, a major player in decentralized finance, has received a Wells Notice from the US Securities and Exchange Commission (SEC), indicating potential enforcement action for securities regulation violations.
A Wells Notice is a formal warning which the SEC sends to a company prior to launching a formal lawsuit and which provides it a final opportunity to rebut any allegations.
The company has expressed its readiness to contest any lawsuit.
This situation mirrors that of Coinbase, which received a similar notice last year and is currently engaged in an ongoing legal battle with the SEC after being charged with operating as an unregistered securities exchange.
What are your thoughts on the legal battles between SEC and the major players in the crypto sector?
#ozuru
A Wells Notice is a formal warning which the SEC sends to a company prior to launching a formal lawsuit and which provides it a final opportunity to rebut any allegations.
The company has expressed its readiness to contest any lawsuit.
This situation mirrors that of Coinbase, which received a similar notice last year and is currently engaged in an ongoing legal battle with the SEC after being charged with operating as an unregistered securities exchange.
What are your thoughts on the legal battles between SEC and the major players in the crypto sector?
#ozuru
Airdrop Alert: Coinlive
Are you ready for another exciting airdrop opportunity? Look no further than the Coinlive airdrop, where you have the chance to earn a minimum of $500! Coinlive has recently announced their airdrop program, and they will be rewarding participants by March.
In this airdrop, you can earn the airdrop token called "CLX" by making predictions on whether the price of $BTC (Bitcoin) will rise or fall. For every correct prediction, you will be awarded CLX tokens. Even if your predictions are incorrect, you will still earn CLX tokens. Of course, if your predictions are consistently accurate, you will earn even more CLX.
To participate in this exciting airdrop, simply follow the steps below:
1. Install the Coinlive app:
Visit your app store (Play Store or Apple Store) and search for "Coinlive". Look for the search result named "Coinlive: Predict to Earn". Download and install the app on your device.
2. Sign up:
Open the app and navigate to the sign-up section. Click on "I have the code" in the "Do you have an invite code?" field. Enter my invitation code, "dg5KXXkuAc" (note, the code is case sensitive), or you can simply use the link, "https://coinliveapp.page.link/unbt" to automatically apply the code. Agree to the terms and conditions, and finally, click "Join" to complete the sign-up process.
3. Start earning:
Congratulations! You are now ready to start earning CLX tokens by making $BTC price predictions.
What are you waiting for? Install the Coinlive app today and start earning. Remember, participants will be rewarded by March, so don't miss out on this incredible airdrop program.
For more updates on airdrops, please like, share, and follow đ.
#ozuru #BTC
Are you ready for another exciting airdrop opportunity? Look no further than the Coinlive airdrop, where you have the chance to earn a minimum of $500! Coinlive has recently announced their airdrop program, and they will be rewarding participants by March.
In this airdrop, you can earn the airdrop token called "CLX" by making predictions on whether the price of $BTC (Bitcoin) will rise or fall. For every correct prediction, you will be awarded CLX tokens. Even if your predictions are incorrect, you will still earn CLX tokens. Of course, if your predictions are consistently accurate, you will earn even more CLX.
To participate in this exciting airdrop, simply follow the steps below:
1. Install the Coinlive app:
Visit your app store (Play Store or Apple Store) and search for "Coinlive". Look for the search result named "Coinlive: Predict to Earn". Download and install the app on your device.
2. Sign up:
Open the app and navigate to the sign-up section. Click on "I have the code" in the "Do you have an invite code?" field. Enter my invitation code, "dg5KXXkuAc" (note, the code is case sensitive), or you can simply use the link, "https://coinliveapp.page.link/unbt" to automatically apply the code. Agree to the terms and conditions, and finally, click "Join" to complete the sign-up process.
3. Start earning:
Congratulations! You are now ready to start earning CLX tokens by making $BTC price predictions.
What are you waiting for? Install the Coinlive app today and start earning. Remember, participants will be rewarded by March, so don't miss out on this incredible airdrop program.
For more updates on airdrops, please like, share, and follow đ.
#ozuru #BTC
Initially scheduled for May 1, the sentencing of Ryan Salame, former co-chief executive of FTX Digital Markets, has been deferred to May 28, 2024, in front of Judge Lewis Kaplan.
Remember that FTX Digital Market which was a subsidiary of the FTX cryptocurrency exchange was involved in the collapse of FTX. Its former CEO, Sam Bank-Fried was sentenced to almost 25 years in jail.
As of September 2023, Salame conceded to allegations of operating an money transmitting service without the necessary licensing, as well as making illicit political contributions.
What do you think about Salame's sentencing?
Source --> news.bitcoin.com
#ozuru
Remember that FTX Digital Market which was a subsidiary of the FTX cryptocurrency exchange was involved in the collapse of FTX. Its former CEO, Sam Bank-Fried was sentenced to almost 25 years in jail.
As of September 2023, Salame conceded to allegations of operating an money transmitting service without the necessary licensing, as well as making illicit political contributions.
What do you think about Salame's sentencing?
Source --> news.bitcoin.com
#ozuru
Why I think Bitcoin ($BTC ) Halving will lead to an increase in price:
When Bitcoin halving occurs, the rate at which more bitcoins are added to circulation (Bitcoin supply) is halved (divided into two), leaving the demand constant or continually increasing.
And when this happens, scarcity follows. When there's scarcity, Bitcoin becomes more valuable, leading to an increase in price.
If you don't understand how the halving works or the reason for it, check out this article.
#ozuru #BTCHALVING #BTCHALVING #BTCHALIVING
When Bitcoin halving occurs, the rate at which more bitcoins are added to circulation (Bitcoin supply) is halved (divided into two), leaving the demand constant or continually increasing.
And when this happens, scarcity follows. When there's scarcity, Bitcoin becomes more valuable, leading to an increase in price.
If you don't understand how the halving works or the reason for it, check out this article.
#ozuru #BTCHALVING #BTCHALVING #BTCHALIVING
Ali Martinez reported that 21,401 $BTC were withdrawn from exchanges by whales to cash out profits.
Record Withdrawal: On March 14, a massive $752 million worth of Bitcoin was withdrawn, the highest since May 2023.
Price Impact: The withdrawal led to a 7% crash in Bitcoinâs price on March 15, affecting the entire crypto market.
Supply Shock: Currently, only $1.81 million worth of BTC is available on exchanges, indicating a supply shock.
New Whales: Despite the price drop, 13 new whales with over 1,000 BTC each have entered the market.
This series of events shows the significant impact that whale transactions can have on the Bitcoin market, from influencing price fluctuations to affecting the available supply on exchanges.
#ozuru #HotTrends #BTC
Record Withdrawal: On March 14, a massive $752 million worth of Bitcoin was withdrawn, the highest since May 2023.
Price Impact: The withdrawal led to a 7% crash in Bitcoinâs price on March 15, affecting the entire crypto market.
Supply Shock: Currently, only $1.81 million worth of BTC is available on exchanges, indicating a supply shock.
New Whales: Despite the price drop, 13 new whales with over 1,000 BTC each have entered the market.
This series of events shows the significant impact that whale transactions can have on the Bitcoin market, from influencing price fluctuations to affecting the available supply on exchanges.
#ozuru #HotTrends #BTC
The supply of TUSD, a stablecoin, has halved within a week, dropping from approximately 1.1 billion to 612 million.
This reduction has moved TUSD to the 8th rank among stablecoins by supply as of March 19, 2024.
#ozuru #HotTrends
This reduction has moved TUSD to the 8th rank among stablecoins by supply as of March 19, 2024.
#ozuru #HotTrends
Rising Gas Fees on Ethereum.
- Ethereum gas fees hit 2-year high due to ETH rally and memecoin boom.
- Users paid $193M in gas fees this week, up 78% from last week. Average gas fee for token swap was $40-$60.
- Memecoin demand drove prices and Uniswap volume up. Uniswap, 0x, MetaMask, Arbitrum, Optimism, $ETH and USDT transfers, and trading bots used most gas.
- Layer-2 gas fees also rose, up to $1 per transaction.
Like, share and follow đ.
#ozuru #TrendingTopic #Etherrum
- Ethereum gas fees hit 2-year high due to ETH rally and memecoin boom.
- Users paid $193M in gas fees this week, up 78% from last week. Average gas fee for token swap was $40-$60.
- Memecoin demand drove prices and Uniswap volume up. Uniswap, 0x, MetaMask, Arbitrum, Optimism, $ETH and USDT transfers, and trading bots used most gas.
- Layer-2 gas fees also rose, up to $1 per transaction.
Like, share and follow đ.
#ozuru #TrendingTopic #Etherrum
As the $BTC holds strong above the $69K threshold, a remarkable onchain event has unfolded. An entity, dormant since 2015, has just made a colossal splash in the Bitcoin ocean! đ
đThe Big Move:
- 2,352.62 BTC transferred
- Valued at over $163 million
- Executed through 80 transactions
- Wallets untouched for over eight years
On March 10, 2024, the Bitcoin community witnessed a historic moment as 80 dormant wallets from 2015 burst into life, moving a staggering amount of Bitcoin that had been at rest since the early days of cryptocurrency.
This rare occurrence was picked up by btcparser.com, a vigilant Bitcoin blockchain parser, which recorded these transactions originating from the long-inactive wallets.
#HotTrends #BTC #ozuru
đThe Big Move:
- 2,352.62 BTC transferred
- Valued at over $163 million
- Executed through 80 transactions
- Wallets untouched for over eight years
On March 10, 2024, the Bitcoin community witnessed a historic moment as 80 dormant wallets from 2015 burst into life, moving a staggering amount of Bitcoin that had been at rest since the early days of cryptocurrency.
This rare occurrence was picked up by btcparser.com, a vigilant Bitcoin blockchain parser, which recorded these transactions originating from the long-inactive wallets.
#HotTrends #BTC #ozuru
Airdrop Update: HOT
HOT is one of the two native cryptocurrencies on the NEAR Blockchain, the other being the NEAR coin.
The HOT airdrop is taking place on the Telegram app, where you can claim the tokens in the Telegram-based NEAR wallet.
This is a legit airdrop update that will earn you lots of cash if taken seriously.
To participate, copy this link, https://t.me/herewalletbot/app?startapp=3267358-village-126658 and open it in a web browser; you will be redirected to the NEAR-WALLET BOT on Telegram. The bot will assist you through the process.
Whatever you do, aim to acquire at least 10 HOT tokens. If you manage that, you're rich.
#HotTrends #ozuru
HOT is one of the two native cryptocurrencies on the NEAR Blockchain, the other being the NEAR coin.
The HOT airdrop is taking place on the Telegram app, where you can claim the tokens in the Telegram-based NEAR wallet.
This is a legit airdrop update that will earn you lots of cash if taken seriously.
To participate, copy this link, https://t.me/herewalletbot/app?startapp=3267358-village-126658 and open it in a web browser; you will be redirected to the NEAR-WALLET BOT on Telegram. The bot will assist you through the process.
Whatever you do, aim to acquire at least 10 HOT tokens. If you manage that, you're rich.
#HotTrends #ozuru
Following legal action from Riot Platforms and the Texas Blockchain Council, the U.S. government is ceasing its emergency assessment of power consumption in the Bitcoin mining sector.
The lawsuit, securing a 14-day delay, challenged the mandatory submission of power usage data, claiming the Energy Information Administration (EIA) did not adequately justify the survey's urgency as mandated by federal law.
In response, the Department of Energy and the EIA have agreed to retract the survey and assured the destruction of all collected data.
Don't forget to like, share and follow đ.
#TrendingTopic #ozuru #BTCâŹ
The lawsuit, securing a 14-day delay, challenged the mandatory submission of power usage data, claiming the Energy Information Administration (EIA) did not adequately justify the survey's urgency as mandated by federal law.
In response, the Department of Energy and the EIA have agreed to retract the survey and assured the destruction of all collected data.
Don't forget to like, share and follow đ.
#TrendingTopic #ozuru #BTCâŹ
According to CoinDesk, Bruce Fenton, the CEO of Chainstone Labs, is pushing for the removal of anti-money laundering (AML) and know-your-customer (KYC) regulations.
Fenton contends that the idea of politicians overseeing citizens' spending is flawed, pointing out a substantial increase in AML/KYC requirements following the 9-11 Patriot Act.
He argues that these regulations impede commerce without effectively addressing significant crimes.
Fenton questions the regulations' effectiveness in preventing money laundering, human trafficking, or terrorism, suggesting a shift to targeting actual criminals rather than imposing inefficient global compliance measures.
He stresses the need for facilitating the flow of money, promoting risk-taking, and supporting investments to maintain a robust economy and its associated benefits.
#ozuru
The news credit goes to Binance news.
Fenton contends that the idea of politicians overseeing citizens' spending is flawed, pointing out a substantial increase in AML/KYC requirements following the 9-11 Patriot Act.
He argues that these regulations impede commerce without effectively addressing significant crimes.
Fenton questions the regulations' effectiveness in preventing money laundering, human trafficking, or terrorism, suggesting a shift to targeting actual criminals rather than imposing inefficient global compliance measures.
He stresses the need for facilitating the flow of money, promoting risk-taking, and supporting investments to maintain a robust economy and its associated benefits.
#ozuru
The news credit goes to Binance news.
A recent glitch on Coinbase led to Bitcoin ($BTC ) traders losing approximately $100 billion within minutes.
The surge in Bitcoin's value to over $64k caused unprecedented traffic on Coinbase, resulting in users experiencing zero balances and panic.
The glitch prompted Coinbase to confirm the issue, assure the safety of users' assets, and launch an investigation.
Although the outage temporarily hindered Bitcoin's growth, the market has since recovered, with Bitcoin trading at $62,811 at the time of this update.
Coinbase has restored users' account balance display after addressing the technical issues.
The news credit goes to CoinEdition.
#ozuru #TrendingTopic #BTC
The surge in Bitcoin's value to over $64k caused unprecedented traffic on Coinbase, resulting in users experiencing zero balances and panic.
The glitch prompted Coinbase to confirm the issue, assure the safety of users' assets, and launch an investigation.
Although the outage temporarily hindered Bitcoin's growth, the market has since recovered, with Bitcoin trading at $62,811 at the time of this update.
Coinbase has restored users' account balance display after addressing the technical issues.
The news credit goes to CoinEdition.
#ozuru #TrendingTopic #BTC
