Straits Times Index
3,144.76 -38.85 (-1.22%) S&P 500
5,061.82 -61.59 (-1.20%) Dow
37,735.11 -248.13 (-0.65%) Nasdaq
15,885.02 -290.08 (-1.79%) Bitcoin USD
63,006.74 -3,071.62 (-4.65%) CMC Crypto 200
885.54 0.00 (0.00%)
XRP BTC (XRP-BTC)
| Previous close | 0.00000785 |
| Open | 0.00000785 |
| Day's range | 0.00000763 - 0.00000795 |
| 52-week range | 0.00000700 - 0.00002800 |
| Start date | 2013-08-04 |
| Algorithm | N/A |
| Market cap | 428,946 |
| Circulating supply | 55.12B |
| Max supply | N/A |
| Volume | |
| Volume (24 hrs) | 37.69k |
| Volume (24 hrs) all currencies | 37.69k |
- Yahoo Finance Video
Bitcoin halving, crypto mining: Riot Platforms CEO discusses
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 this Friday, April 19, which operates to reduce the amount of available bitcoins in circulation once every four years. The bitcoin halving directly impacts the profits of bitcoin miners, including Riot Platforms (RIOT). 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... expect to have more outsized returns when the bitcoin price appreciates." Want to learn more about the bitcoin halving? Watch this video from Yahoo Finance for a quick explainer: Bitcoin halving: Explained For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance. This post was written by Luke Carberry Mogan.
Barrons.comBitcoin Falls Amid Wider Market Worries as Key Halving Event Draws Closer
Bitcoin sells off alongside stocks amid geopolitical tensions as the ‘halving’ event looms in the coming days.
CoinDeskBitcoin Miner CEOs Are Upbeat Ahead of the Halving, Expect M&A: Bernstein
Miners' shares have lagged as bitcoin outperformance has sucked retail liquidity from mining stocks, the report said.
