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The Bitcoin network completes the fourth-ever ‘halving’ of rewards to miners - TL;DR CNBC

The Bitcoin network completes the fourth-ever ‘halving’ of rewards to miners

Publishing timestamp: 2024-04-19 20:33:36


Summary

The Bitcoin network completed its fourth "halving," reducing rewards for miners. The price of bitcoin has been volatile, with many investors expecting big gains in the months ahead. Mining companies face challenges, but some analysts believe the event is already partially priced in and may not lead to significant price increases. JPMorgan analysts recommend certain mining stocks to play the upcoming Bitcoin halving.


Sentiment: MIXED

Tickers: RIOT

Keywords: riot platforms inccryptocurrencytechnologybreaking news: marketsbusiness news

Source: https://www.cnbc.com/2024/04/19/bitcoin-network-completes-fourth-ever-halving-of-rewards-to-miners.html


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