EPISODE · Feb 16, 2024 · 11 MIN
BTC ETFs see massive inflows, and how will the Bitcoin halving affect hash rate?
from Rise’n’Crypto · host Сointelegraph
Today’s episode travels to all corners of the industry but starts with another important update on Bitcoin. As the halving event approaches, Galaxy Digital published research suggesting up to 20% of the Bitcoin hash rate could go offline after the halving due to unprofitable mining rigs. Meanwhile, inflows to spot Bitcoin ETFs are ramping up, Coinbase shares have surged, and why is 25% of Ether locked up?Further reading:20% of Bitcoin hash rate could go offline after halving — Jesse CoghlanEther staking deposits touch $85B, 25% of circulating supply now locked up — Prashant JhaBitcoin ETFs inflows snowball: Last 4 days bigger than first 4 weeks — Tom MitchelhillGoFundMe shuts down Tornado Cash legal defense crowdfunding — Arijit SarkarCoinbase shares surge 12.7% after fourth-quarter earnings beat — Brayden LindreaSo, grab yourself a coffee, and let’s get into it!Rise’n’Crypto is brought to you by Cointelegraph and is hosted and produced by Robert Baggs. You can follow Robert on Twitter and LinkedIn. Cointelegraph’s Twitter: @CointelegraphCointelegraph’s website: cointelegraph.comThe views, thoughts and opinions expressed in this podcast are its participants’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast’s participants may or may not own any of the assets mentioned.
What this episode covers
Today’s episode travels to all corners of the industry but starts with another important update on Bitcoin. As the halving event approaches, Galaxy Digital published research suggesting up to 20% of the Bitcoin hash rate could go offline after the halving due to unprofitable mining rigs. Meanwhile, inflows to spot Bitcoin ETFs are ramping up, Coinbase shares have surged, and why is 25% of Ether locked up? Further reading: 20% of Bitcoin hash rate could go offline after halving — Jesse Coghl...
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BTC ETFs see massive inflows, and how will the Bitcoin halving affect hash rate?
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