News Block: Bitcoin Price Recovers as GBTC Outflows Slow, Halving Impact on Bitcoin Mining Profits, 2024 Fiscal Deficit Could Exceed $2 Trillion, Yellen Admits Prices Not Coming Back Down
In this week's episode of the Coin Stories News Block powered by Bitdeer (NASDAQ: BTDR), we cover the major headlines related to Bitcoin and global finance:
- GBTC Outflows are Showing Signs of Slowing
- Bitwise Becomes First ETF to Disclose Bitcoin Address
- Report Shows Many Miners Unprofitable Post-Halving
- Stocks, Real Estate Prices Hit All-time Highs
- Fiscal Deficit Continues to Exceed $2 Trillion
- Secretary Janet Yellen Says Prices Won't Come Down
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References mentioned in the episode:
- Butterfill Highlights Slowing GBTC Outflows
- Bitmex Research Shows GBTC Daily Outflow Decline
- JP Morgan States GBTC Selling Pressure Nearly Over
- Coinbase Transfers Another 8,668 BTC to Coinbase
- Bitwise Tweet Disclosing Public Bitcoin Address
- Cantor Fitzgerald Mining Profitability Report Post-Halving
- Real Estate Prices Increase Nine Consecutive Months
- US Economy is Growing Faster Than Expected
- US Budget Deficit To Exceed $2 Trillion in 2024
- DiMartino Booth Says Unemployment is Rising
- Credit Card Debt Outpaced Spending In 2023
- Bilello Shows Stock Market +10.5% Post-ATH
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The News Block is powered exclusively by Bitdeer Technologies Group (NASDAQ: BTDR), a publicly-traded leader in Bitcoin mining that stands alone as the only vertically-integrated, technology-focused Bitcoin mining company. Learn more at www.bitdeer.com.
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This podcast is for educational purposes and should not be construed as official investment advice.
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#money #Bitcoin #investing
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