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Quick Take Block 840,000, the fourth ever Bitcoin halving block, has been confirmed — though it could possibly change. The halving block appears to be from the crypto mining pool ViaBTC with a 37.6256 BTC ($2.3 million) fee.
The landmark occasion sees a reduction in Bitcoin miner rewards, dropping from 6.25 BTC per mined block to 3.125 BTC.
Bitcoin’s fourth halving event has completed, ushering in a new epoch for the network. Bitcoin’s block subsidy reward for miners has dropped from 6.25 BTC to 3.125 BTC.
A DAO called Own the Doge has purchased the iconic image of Shiba Inu Kabosu, which has inspired a slew of famous memes popular in the crypto community. The organization didn’t disclose the price it paid to acquire the image.
Entrepreneur Mark Cuban noted that the bitcoin halving will have a direct impact on revenue for bitcoin miners.But he said the more interesting question was how AI would impact the mining industry.
- 10:42In the past 12 hours, nearly 80 million US dollars have been liquidated across the entire network, mainly short positionsOdaily Planet Daily reports that Coinglass data shows that in the past 12 hours, a total of $78.7961 million has been liquidated across the network, including $14.2838 million from long positions and $64.5122 million from short positions.
- 10:40BTC breaks through 97,000 US dollarsGolden Finance reports, market data shows that BTC has broken through $97,000 and is now quoted at $96,606.45. The 24-hour increase reached 5.28%. The market fluctuation is quite large, please manage your risk well.
- 08:52Analyst: Even if the U.S. CPI is only slightly higher than expected, it will trigger a market sell-offOdaily Planet Daily reports that Russell Investment Company analyst BeiChen Lin said in a report that even if the U.S. inflation report released on Wednesday is only slightly higher than expected, it could trigger a sell-off in the bond and stock markets. The investment strategist said that last Friday's unusually strong U.S. employment report seems to have awakened people's concerns about inflation. He stated: "Although we believe that the yield of U.S. Treasury bonds is attractive at current levels, we still think investors should stick close to their long-term allocation ratios unless yields rise significantly." Economists surveyed by The Wall Street Journal expect the U.S.'s December CPI year-on-year increase to be 2.9%, higher than November's 2.7%. The survey shows that the annual core inflation rate is expected to remain unchanged at 3.3%.