Milk Road has acquired Bitcoin Price! Milk Road is the #1 crypto newsletter that is free and will make you smarter about crypto! | | | 📈 30 Second Cryptocurrency Price Summary | Current Bitcoin Price: $27,905 | Bitcoin price hovers around the $28,000 for yet another consecutive day, heading into the weekend. | Top-20 altcoins are following suit with low volatility, with the exception of Dogecoin which has fallen 8% over the last 24 hours. Ether and BNB have each fallen just 1% in the alst day of trading. | Top Stories for April 7, 2022 🔥 | | Bitcoin's hash rate has reached a new record high of 342.16 EH/s, while the network's mining difficulty has increased for the fourth time in a row. The figure has also reached a new all-time high, of 47.89 trillion – making it harder than ever to mine a Bitcoin block. | Despite the increased mining costs, miner revenue has also increased due to the price of Bitcoin rising by 69% since the start of this year, resulting in increased block rewards and transaction fees. | Bitcoin miners made just under $732 million in March from block rewards, with an additional $755 million from transaction fees. | | A video has been widely shared of European Central Bank (ECB) President Christine Lagarde, admitting to the need for a digital euro and the limited control it would have over payments. | Lagarde cited a desire not to rely on an unfriendly country's currency or a currency provided by a private corporate entity such as Facebook or Google. She later implied that it was under consideration whether "very small amounts" under 300-400 euros should even be allowed to have "zero control". | The ECB began investigating a digital euro in July 2021 and is set to make a decision on whether to launch it in October. | | The deadline has passed for creditors of defunct exchange Mt. Gox to provide their repayment information, which opens the window for repayments to be made. | The repayments will be carried out by October 31, 2023, and will be made in a mix of crypto and fiat currency. The first 200,000 yen worth of each creditor's claim will be paid in yen, with any claims above this amount being paid in a mix of around 71% crypto and 29% cash after the initial payment. | The deadline for repayments to be made could be subject to change with the permission of the Tokyo District Court. | | Today on Milk Road: Bitcoin’s whitepaper is hidden in every Mac, Use case of the week: Bitcoin mining heat, Visual of the Day: BTC vs ETH, Funding Friday, and Fast and Furious 🤝 Polygon. |
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