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 ---- 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 ---- 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. ---- This podcast is for educational purposes and should not be construed as official investment advice. ---- #money #Bitcoin #investing