Author: Crypto News Live

Miners sold their BTCs ahead of the halving Percentage of miners’ revenue derived from transaction fees rose too Miners’ Bitcoin [BTC] holdings cratered to a 12-month low ahead of the now-completed halving event, according to IntoTheBlock. This could be a sign that the network’s miners sold off their coins before the halving actually happened.  As Bitcoin goes into the halving, miners’ BTC holdings hit 12 year low. This indicates that miners have been net sellers leading up to the halving. pic.twitter.com/WNi74RkluG — IntoTheBlock (@intotheblock) April 19, 2024 The surge in coin sell-offs from BTC miners before their rewards got slashed…

Alchemy Pay has announced a significant expansion through a new strategic partnership with Carbon Browser. Carbon Browser, recognized for being the quickest Web3.0 browser, has accrued over 7 million downloads and maintains a daily active user base of more than 60,000. This collaboration is expected to substantially increase Alchemy Pay’s visibility and user interaction. Excited to join forces with @trycarbonio, the fastest Web3.0 browser with 7M+ downloads and 60k+ daily active users!This partnership lists #AlchemyPay on Carbon Browser’s dApp page and store for increased visibility. $ACH is now on its @ldxfi / https://t.co/Raj5HMVW8K swap and… pic.twitter.com/0ci6yGCs2w — Alchemy Pay|$ACH: Fiat-Crypto…

The long-awaited fourth Bitcoin halving finally occurred after BTC posted its 840,000th block. This event is significant as it is expected to have several implications for the Bitcoin ecosystem and the crypto market going forward.  What To Expect Following The Bitcoin Halving The Bitcoin halving slashed miners’ rewards from 6.25 BTC to 3.125 BTC for each block mined. This means that Bitcoin miners are set to earn a reduced income of 450 BTC instead of the 900 BTC they earned before the fourth halving. This development is expected to have a dire effect on their operations, as NewsBTC reported that…

Ethereum’s on-chain metric flashed a bullish sign on the charts However, key technical indicators suggested that the coin’s price may fall further. Ethereum’s [ETH] Age Consumed metric climbed to a one-month high on 18 April. This rally was followed by a slight uptick in the altcoin’s value too, suggesting that a local bottom might have been hit, according to Santiment’s data.  Source: Santiment Is the bottom in or not? To assess whether a price bottom is in, it is important to assess ETH’s Age Consumed metric. This metric tracks the movement of its long-held idle coins. It is regarded as a…

Chainlink has announced a new partnership with Cyfrin, a smart contracts audit and research firm, to offer users of its BUILD and SCALE programs private smart contract and protocol audits. Cyfrin will offer market-leading products, including competitive audits platform CodeHawks, developer education platform Updraft, and Solodit, an aggregator with over 8,000 security findings. Chainlink’s mission to offer its ecosystem the best products and services took a massive stride this week, with the oracle network announcing a new partnership with Cyfrin, a smart contracts audit and research company. Chainlink announced the partnership on Wednesday, describing it as a strategic alliance that…

ORDI surged immediately after Bitcoin’s halving However, metrics suggest its price rally may be short-lived on the charts Cryptocurrency token ORDI, closely linked to the Bitcoin Ordinals protocol, has recorded a double-digit price rally over the last 24 hours, according to CoinMarketCap. The token’s price hike follows the completion of Bitcoin’s fourth halving event during the early trading hours of 20 April and the launch of the Runes Protocol.  The Runes protocol, created by Bitcoin Ordinals originator Casey Rodmarmor, is a new way to create fungible tokens on the Bitcoin blockchain. Its launch coincided with the Bitcoin halving event, sending…

With the Bitcoin halving only hours away, the race is on to mint the first tokens on the new Bitcoin Runes protocol set to launch alongside the quadrennial event. Runes is a new fungible token protocol on Bitcoin that will let users “etch” and mint tokens on top of the chain. It’s akin to the experimental BRC-20 standard launched last year, but is said to be more efficient—and comes from the inventor of the Ordinals protocol. In any case, as with the NFT-like Ordinals before it, project creators are keen on securing some of the earliest token mints possible. “Collectors…

Bitcoin halving is upon us! And in honor of this event, Splinterlands launched two new promotional cards, available only for a limited time. Each promo card will have the Halving ability, which is currently only available on two other cards in the entire Splinterlands collection! Another Bitcoin halving and another halving promo card from Splinterlands. Actually, two cards this time, Baron Fyatt, and Henchling Enforcer. These cards are special, promotional cards, only available during this event and never found in packs. This Baron’s Bounty sale opened on April 16th and will only remain available for 15 days. Purchases can be…

Blockchain technology has held one flag flying high, that is of cryptocurrency, and it has done that for a long time. Now, the world is exploring other use cases of blockchain technology, and Tyron is one of the leaders in that aspect. Justin Sun, the founder of TRON, highlighted the same in the Global Blockchain Show, shedding light on the fact that they are essentially banking on the unbanked population across the world. For starters, Justin Sun said that the ideal target is to create convenience for users through the use of blockchain technology. When it comes to obtaining access…

Last month, miners sold less than 1/3rd of the total coins sold in February HODLing might also be motivated by the negative state of the market currently The countdown to Bitcoin’s [BTC] halving has begun, with the hotly-anticipated event set to take place in less than 12 hours. Miners, who guard the network and earn incentives in the form of block rewards, are set to face a big hit to their revenues in the aftermath of the event. Typically, miners start liquidating their holdings ahead of the halving to capitalize before the revenue hit later. This time, however, has been…