{"id":1012,"date":"2024-04-21T04:20:18","date_gmt":"2024-04-21T04:20:18","guid":{"rendered":"https:\/\/cryptogoldex.com\/index.php\/2024\/04\/21\/weekly-recap-bitcoin-halving-hong-kong-etfs-ton-growth\/"},"modified":"2024-04-21T04:20:18","modified_gmt":"2024-04-21T04:20:18","slug":"weekly-recap-bitcoin-halving-hong-kong-etfs-ton-growth","status":"publish","type":"post","link":"https:\/\/cryptogoldex.com\/index.php\/2024\/04\/21\/weekly-recap-bitcoin-halving-hong-kong-etfs-ton-growth\/","title":{"rendered":"Weekly Recap: Bitcoin Halving, Hong Kong ETFs, TON Growth"},"content":{"rendered":"<p>Marathon Digital had collapsed 25% in a month; the Valkyrie Bitcoin Miners ETF had dropped 28%; and Riot Platforms saw a 30% decline. As participants moved to mint Runes, Bitcoin network fees spiked to $19 on April 18. The event slashed Bitcoin block rewards from the previous 6.25 BTC per block to the current 3.125 BTC, effectively reducing Bitcoin\u2019s inflation rate by half.<\/p>\n<p>Despite this stance, Marszalek maintained that the Bitcoin halving would be bullish for BTC long-term. Interestingly, a day after these remarks, Bitcoin witnessed a massive drop, collapsing to a floor of $59,600 on April 17 before recovering to $61,277. In line with the remarks from Bitwise CIO Hougan and Crypto.com CEO Marszalek, crypto prices saw a mild decline immediately after the halving occurred.<\/p>\n<p>Any application would have to go through a vetting process from the SFC before launch. However, the bills are yet to become full-blown legislation. According to Blackburn, who favored Bitcoin, CBDCs pose privacy risks to U.S. citizens.<\/p>\n<p>Also, Norway took an aggressive stance against crypto mining this week.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Marathon Digital had collapsed 25% in a month; the Valkyrie Bitcoin Miners ETF had dropped 28%; and Riot Platforms saw a 30% decline. As participants [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1011,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[81],"tags":[],"class_list":["post-1012","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts\/1012","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/comments?post=1012"}],"version-history":[{"count":0,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts\/1012\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/media\/1011"}],"wp:attachment":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/media?parent=1012"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/categories?post=1012"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/tags?post=1012"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}