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Is the 4th BTC Halving Priced In? JPMorgan Says Rally Unlikely
Is the 4th BTC Halving Priced In? JPMorgan Says Rally Unlikely

The traditional financial giant predicts a slump in Bitcoin price following the halving.

Dailycoin·2024/04/19 12:55
As the halving fast approaches, what’s next for Bitcoin miners?
As the halving fast approaches, what’s next for Bitcoin miners?

Bitcoin’s halving event is currently estimated to occur at around 8:30 p.m. ET today. We asked several firms in the industry what impact Bitcoin’s fourth halving will have on miners as the block subsidy reward gets cut from 6.25 BTC to 3.125 BTC.

The Block·2024/04/19 11:40
Bitcoiners say the halving will trigger an 'immense supply shock' and is barely priced in
Bitcoiners say the halving will trigger an 'immense supply shock' and is barely priced in

Bitcoin proponents argue the halving could have a big impact through the reduction of new supply. However, some say that this will have a minimal effect that will only impact some miners.

The Block·2024/04/19 10:46
Crypto liquidations spike in pre-halving market volatility
Crypto liquidations spike in pre-halving market volatility

Market volatility has resulted in over $152 million in cryptocurrency liquidations over the past day.

The Block·2024/04/19 09:43
Galaxy Digital: Bitcoin halving, bullish or bearish?
Galaxy Digital: Bitcoin halving, bullish or bearish?

BlockBeats-Article·2024/04/19 09:17
Flash
13:58
Report: UAE's crude oil production nears historic highs after exiting OPEC
Previously, in order to break free from production limits, the country officially withdrew from the Organization of the Petroleum Exporting Countries (OPEC). Estimates show that production in June reached its highest level since April 2020, exceeding output before the Iran conflict broke out. This also serves as an early confirmation of the United Arab Emirates' decision to leave OPEC and “OPEC+” on May 1st, aiming to allow its production to escape quota restrictions.
13:56
Trump promotes the “Trump Account,” urging the audience to buy Dell computers
```htmlGolden Ten Data July 6|Trump strongly promoted the "Trump Account" in the Oval Office, saying children can use funds in these accounts to accumulate wealth. He also praised a billionaire and his wife, who pledged more than $6 billion to fund these accounts. "Go buy a Dell (DELL.N) computer," Trump told those present. He joked, "We'll always find a way to earn that money back for him." Trump also stated that naming the account after himself was not his idea. He then asked the billionaire if he had ever told him that unless these accounts were named after the president, he wouldn't make the donation. Trump immediately added, "No, but I have done that in other matters." The remark drew laughter from those present.```
13:53
After announcing a data center lease agreement with artificial intelligence research company Anthropic and agreeing to sell its 50.1% equity in the Abernathy joint venture to Fluidstack, TeraWulf's stock surged significantly, rising by 14.3%.
This series of strategic initiatives marks that the company, focused on Bitcoin mining and high-performance computing infrastructure, is actively expanding its business footprint. The data center lease at Justified Data Campus will provide TeraWulf with a stable stream of hosting revenue and deepen its presence in the artificial intelligence computing sector. Meanwhile, the sale of the majority stake in the Abernathy joint venture will enable the company to optimize its asset structure and potentially reallocate resources to core growth areas. The market has responded positively, with a significant rise in the stock price reflecting investor recognition of the company’s new strategic direction. These transactions are expected to enhance TeraWulf’s financial flexibility and create new growth opportunities for it in the rapidly evolving digital infrastructure market.
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