Top Miners Spend $1.2 Billion In Pre-Halving Machine Shopping Spree + More News

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By BitcoinWiki News

Key Takeaways:

– Top miners spend $1.2 billion in pre-halving shopping spree
– UK crypto market grew 137% in a year, surpassing the USA’s 107%
– Tether and Bitkub Exchange partner to boost stablecoin education in Thailand
– BingX launches Global Broker Program to bolster trading ecosystem
– Meanwhile Group unveils first Bitcoin Private Credit Fund

1. Bitcoin Miners on Pre-Halving Shopping Spree: Bitcoin miners have spent over $1.2 billion on new mining machines ahead of the upcoming halving, with Chinese manufacturers expected to benefit the most from these purchases.

2. UK Crypto Market Surpasses USA: The UK crypto market has seen a 137% growth in revenue, surpassing the USA’s 107% growth. The UK is expected to continue to grow rapidly and double its crypto revenues by 2027, with an increasing number of users.

3. Tether and Bitkub Partner for Stablecoin Education: Tether and Bitkub, Thailand’s largest crypto exchange, are collaborating to improve blockchain literacy and promote stablecoin awareness in the region through educational programs and awareness campaigns.

4. BingX Launches Global Broker Program: Crypto exchange BingX has launched the Global Broker Program, offering cryptocurrency brokers the opportunity to earn commissions and other incentives through trading on BingX’s markets, with specialized API support and marketing plans available.

5. Meanwhile Group Unveils Bitcoin Private Credit Fund: Meanwhile Advisors, the investment manager arm of Meanwhile Group, has announced the launch of the Bitcoin Private Credit Fund, targeting institutional investors seeking access to BTC’s growth with a conservative BTC-denominated yield. This follows the company’s launch of a life insurance company denominated in crypto and a $20 million seed funding announcement.

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