Bitcoin halving, crypto mining: Riot Platforms CEO discusses

Bitcoin Miners News

Bitcoin halving, crypto mining: Riot Platforms CEO discusses
Bitcoin PriceBitcoin HalvingRiot Platforms
  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 77 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 48%
  • Publisher: 63%

Bitcoin (BTC-USD) prices are holding above $63,000 as the cryptocurrency gives up some ground on Monday. The bitcoin halving event is projected to take place...

is projected to take place this Friday, April 19, which operates to reduce the amount of available bitcoins in circulation once every four years.). Riot Platforms CEO Jason Les speaks with Yahoo Finance about Riot's preparations for the halving and the"compelling" upside effects the crypto space is currently experiencing, despite whatever"rough patch of volatility" the halving will bring.

"The price appreciation in the first part of this year following the approval of various bitcoin ETFs, I think, has really helped dampen the negative impact of the halving will have on miners because we've already seen some upside. from this," Les says, later adding:"Our value proposition to investors is that through our low cost to power, we are effectively purchasing bitcoin at a discount to its market price. We are getting leverage on bitcoin nd we...

At a recent gathering of investors in Miami, skepticism remained high even after finance titan BlackRock's shift toward touting the original cryptocurrency.DETROIT — General Motors will move its Detroit headquarters to a new downtown office building next year and work to redevelop its iconic home along the Detroit River, company and city officials confirmed Monday.

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange : TC Energy Corp. . Energy. Down 13 cents, or 0.26 per cent, to $49.60 on 10.4 million shares. Enbridge Inc. . Energy. Down 54 cents, or 1.15 per cent, to $46.53 on 9.3 million shares. Toronto-Dominion Bank. . Finance. Down 35 cents, or 0.45 per cent, to $77.94 on 8.3 million shares. Royal Bank of Canada. . Finance.

Screaming Into the Void Despite an astronomical number of red flags, investors who poured their hard-earned cash into former president Donald Trump's Truth Social meme stock are experiencing a rude awakening.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

YahooFinanceCA /  🏆 47. in CA

Bitcoin Price Bitcoin Halving Riot Platforms Halving

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bitcoin price dips below $69k, hedge fund CEO sees it hitting $150k post-halvingBitcoin price dips below $69k, hedge fund CEO sees it hitting $150k post-halvingThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Read more »

Here’s Ripple CEO’s advice on whether you should buy Bitcoin or XRPHere’s Ripple CEO’s advice on whether you should buy Bitcoin or XRPDespite XRP's short-term fluctuations, a surge in open interest and derivatives volume hinted at positive momentum for the altcoin...
Read more »

Bitcoin ‘Halving’ Rally Is Already Partially Priced In, Marathon CEO Thiel SaysBitcoin ‘Halving’ Rally Is Already Partially Priced In, Marathon CEO Thiel SaysBitcoin’s “halving” later this month, a software code update that is being championed as a catalyst for further price increases, may already be factored in to a degree, according to the head of the largest US crypto miner.
Read more »

GBTC: Bitcoin ETF ‘fees will come down,’ Grayscale CEO confirmsGBTC: Bitcoin ETF ‘fees will come down,’ Grayscale CEO confirmsAs GBTC faces continuous outflows, competitors such as BlackRock and Fidelity seize market share, prompting Grayscale to revise fees.
Read more »

Bitcoin ETFs have almost been like an IPO in crypto: Bitwise CEOBitcoin ETFs have almost been like an IPO in crypto: Bitwise CEOReporting live from the Bitcoin (BTC-USD) Investor Day event in New York City, Yahoo Finance's Brad Smith is joined by Bitwise Asset Management Co-Founder...
Read more »

Adapt or perish: How Bitcoin miners need to prepare for halving – Stronghold CEO Greg BeardAdapt or perish: How Bitcoin miners need to prepare for halving – Stronghold CEO Greg BeardThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Read more »



Render Time: 2025-02-16 09:18:13