2024-06-01 04:55:00 ET
Summary
- In our May 2024 Bitcoin ChainCheck, we dive deeper into the shifts within the Bitcoin ecosystem following the recent halving event.
- Bitcoin prices displayed a slight decline of 2% over the last 30 days, currently standing at $64,815.
- The annualized cost on Bitcoin Futures saw a significant reduction to 10%, possibly indicating decreased speculation or lower bullish sentiment in the market.
The latest analysis of the Bitcoin ecosystem shows major shifts post-halving, with decreased inscriptions and revenues prompting miners to explore AI and M&A for diversification.
Read the full article on Seeking Alpha
For further details see:
VanEck May 2024 Bitcoin ChainCheck