Hong Kong Bitcoin and Ether ETFs Experience Significant Outflow in Single Day
Hong Kong Bitcoin and Ether ETFs suffer largest-ever outflow, totaling $32.7 million, amidst market volatility and post-halving price decline.
Xu LinHong Kong Bitcoin and Ether ETFs suffer largest-ever outflow, totaling $32.7 million, amidst market volatility and post-halving price decline.
Xu LinUS Bitcoin ETFs saw record outflows of $563.7 million on May 1, 2024, led by Fidelity's FBTC and Grayscale's GBTC. Blackrock's IBIT also reported its first negative outflow. Expert commentary sparked debate over comparisons with gold ETFs.
Xu LinAccording to a recent Bloomberg report, more than 6,000 outdated Bitcoin mining equipment in the United States will be updated and resold to miners around the world.
JinseFinanceMining operations will account for 0.6% to 2.3% of the country’s total electricity demand by 2023, according to a new analysis from the U.S. Energy Information Administration.
JinseFinanceBitcoin achieves a record 54.5% sustainable energy use in mining, marking a 3.6% increase in 2023. Tether's hydro mining and global trends contribute to the positive shift.
Xu LinGolden Finance launches the 2194th issue of the cryptocurrency and blockchain industry morning report "Golden Morning 8:00" to provide you with the latest and fastest digital currency and blockchain industry news.
JinseFinanceWhile the prices of bitcoin and ether may have climbed recently, shares of bitcoin mining companies have risen far more than the former.
CointelegraphCrypto data firm Arcane Research said that if listed bitcoin mining companies sell off a large portion of their supply, "this could push the price of bitcoin further down."
CointelegraphIt’s all about methane. Finally, an ESG analyst takes a look at the data and gives bitcoin mining the praise ...
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