News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
Bitcoin’s next halving event, when miners’ block rewards are cut in half, is now just two weeks away, according to The Block’s halving countdown.The estimated time remaining would see Bitcoin’s fourth halving arrive on April 20, with the block reward dropping from 6.25 BTC to 3.125 BTC.
This is the third edition of a weekly column by The Block’s editor-in-chief on current events in the crypto space and other musings. Today’s topics include Ethena, $2 billion of government bitcoin, the Wormhole airdrop and a new crypto fund.
One Coinbase analyst believes bitcoin could continue to see demand as “digital gold. ”David Han also sees ETFs as potentially helping to mitigate volatility.
Bankrupt crypto lender Genesis purchased 32,041 bitcoins.It sold nearly 36 million Grayscale Bitcoin Trust shares.The bitcoins will be used to repay customers.
NEAR and STX are the other notable gainers from the larger-cap alts, followed by TON and AVAX.