Cipher (CPR) news

Falling Transaction Fees Put Bitcoin Miners Under Pressure

Bitcoin miners are struggling as revenue drops due to declining transaction fees and lower earnings per unit of computing power (hashprice). In February, Bitcoin’s hashprice fell to $45/PH/s, erasing gains from the U.S. election cycle. At the same time, transaction fees made up only 1.3% of block rewards—the lowest level since 2022—making mining less profitable. Despite Bitcoin’s hashrate growing 3.8% to 810 EH/s, competition in the mining space is slowing, and inefficient miners are feeling financial pressure. Many rely on cost-effective strategies like hosting agreements to stay afloat. AI data centers are also increasing competition for energy and resources. Major mining companies, including Marathon Digital (MARA) and CleanSpark, expanded their operations, while others, like HIVE Digital and Cipher Mining, sold Bitcoin to fund growth. However, mining stocks suffered, with the combined market cap of 15 leading firms dropping from $36 billion in January to $22 billion in March. Some companies saw losses of over 40%. With rising energy costs and lower mining rewards, miners may need Bitcoin prices to rise significantly to regain stability. Source: CoinDesk Futures Market Updates In the past 24 hours, both BTC and ETH futures saw declines in open interest and trading volume, with ETH experiencing a sharper drop in volume (-36.76%) compared to BTC (-19.95%). BTC futures maintained a nearly even long/short ratio (49.99%/50.01%), while ETH showed a slight short bias (49.71% long vs. 50.29% short). Liquidations were higher for BTC ($63.95M total) than ETH ($33.32M total), with long positions facing greater losses in both markets. ETH's funding rate (0.0054%) remained higher than BTC’s (0.0020%), indicating stronger demand for leveraged long positions despite the overall decline in market activity. BTC Futures Updates Total BTC Open Interest: $53.27B (-3.05%) BTC Volume (24H): $84.67B (-19.95%) BTC Liquidations (24H): $46.63M (Long)/$17.32M (Short) Long/Short Ratio: 49.99%/50.01% Funding Rate: 0.0020% ETH Futures Updates Total ETH Open Interest: $19.88B (-3.99%) ETH Volume (24H): $30.25B (-36.76%) ETH Liquidations (24H): $23.94M (Long)/$9.38M (Short) Long/Short Ratio: 49.71%/50.29% Funding Rate: 0.0054% Top 3 OI Surges L3: $3.21M (+188.18%) BANANA: $41.69M (+128.82%) MAJOR: $4.05M (+105.55%)

Today's Gemz Daily Combo Cards and Daily Cipher for December 23, 2024

Don't miss out on today's exciting opportunities! Dive into our Gemz Daily Combo and discover the perfect three cards for December 23, 2024. We’re also unveiling today's Gemz Daily Cipher to challenge your skills. Plus, get ready for the Bitget Builders Year-End Trading Championship, where you can showcase your trading abilities and compete for impressive BTC prizes—up to $1500! Don’t miss out—join now! Key Takeaways - Jump into our Gemz Daily Combo today and find the right three cards for December 23, 2024, listed below. - Today's Gemz Daily Cipher Morse Code for December 23, 2024. - Get ready to showcase your trading skills in the Bitget Builders Year-End Trading Championship! This exciting competition invites dedicated Builders to compete for impressive BTC prizes, with rewards totaling up to $1500. Today's Gemz Daily Combo Cards for December 23, 2024 Gemz Daily Combo Cards for December 22: click here. Gemz Daily Combo Cards for December 23: Today's Gemz Daily Cipher for December 23, 2024 Gemz Daily Cipher for December 22, 2024: OFFCHAIN O — — — F • • — • F • • — • C — • — • H • • • • A • — I • • N — • How to use it? ▬ is a long tap ● is a short tap Join the Bitget Builders Year-End Trading Championship for a Chance to Win up to $1500 in BTC Participate in the Bitget Builders Year-End Trading Championship for a chance to win up to $1500 in BTC! The promotion runs from December 20, 2024, to January 10, 2025 (UTC+8). Top 10 Builders based on users' trading volume will receive the following incentives: 1st place: $1500 (80M USDT) 2nd place: $1000 (50M USDT) 3rd place: $500 (30M USDT) 4th-5th places: $300 (10M USDT) 6th-10th places: $100 (3M USDT) Participants must register to compete, with a minimum trading volume required for incentives. This includes both spot and futures trading but excludes zero-fee and trade-to-mine pairs. Only one incentive per platform can be claimed, and all incentives will be distributed within seven working days after the promotion ends. Note that only main channel trading volume counts, and any cheating will lead to disqualification. Join now and take part in the excitement!

Today's Gemz Daily Combo Cards and Daily Cipher for December 22, 2024

Get ready to dive into an exciting opportunity this festive season! With our Gemz Daily Combo and special holiday promotions, now is the perfect time to join us and maximize your potential rewards. As we countdown to the celebrations from December 20, 2024, to January 3, 2025, we're thrilled to offer you a chance to win up to 3025 USDT through engaging activities tailored just for you. Don’t miss out—join now! Key Takeaways - Jump into our Gemz Daily Combo today and find the right three cards for December 22, 2024, listed below. - Today's Gemz Daily Cipher Morse Code for December 22, 2024. - Get ready to celebrate this festive season with our exciting Christmas and New Year promotion! From December 20, 2024, to January 3, 2025, we're offering you a chance to win up to 3025 USDT through a range of thrilling activities and exclusive incentives. Today's Gemz Daily Combo Cards for December 22, 2024 Gemz Daily Combo Cards for December 21: click here. Gemz Daily Combo Cards for December 22: Today's Gemz Daily Cipher for December 22, 2024 Gemz Daily Cipher for December 22, 2024: OFFCHAIN O — — — F • • — • F • • — • C — • — • H • • • • A • — I • • N — • How to use it? ▬ is a long tap ● is a short tap Celebrate the Holidays: Win Up to 3025 USDT in Our Exclusive Christmas New Year Promotion Join our Christmas and New Year promotion for a chance to win up to 3025 USDT in airdrops and exclusive incentives for new users and VIPs. Promotion Dates: December 20, 2024, 7:00 PM – January 3, 2025, 7:00 PM (UTC+8) Activity 1: Participate in a trading challenge to win 2025 USDT in airdrops based on your trading volume. Top traders will receive significant prizes, with extra bonuses for VIPs and first-time margin traders. Activity 2: Complete trading tasks to earn up to 1000 USDT in airdrops. Rewards are based on the total margin trading volume, awarded on a first-come, first-served basis. Participants can earn incentives from both activities, totaling up to 3025 USDT. Promotion Rules:- Registration is required; certain accounts are ineligible.- Incentives will be distributed within 10 working days after the promotion.- Bitget may disqualify users for malicious behavior. Join now and take part in the excitement!

Today's Gemz Daily Combo Cards and Daily Cipher for December 21, 2024

Dive into our Gemz Daily Combo and discover the winning cards for December 21, 2024. Additionally, we're celebrating the festive season with an incredible Christmas and New Year promotion, offering you the chance to win up to 3025 USDT through various engaging activities and exclusive incentives. Whether you’re looking to take part in our trading challenge or complete essential tasks for airdrops, there’s something for everyone. Don’t miss out—join now! Key Takeaways - Jump into our Gemz Daily Combo today and find the right three cards for December 21, 2024, listed below. - Today's Gemz Daily Cipher Morse Code for December 21, 2024. - Get ready to celebrate this festive season with our exciting Christmas and New Year promotion! From December 20, 2024, to January 3, 2025, we're offering you a chance to win up to 3025 USDT through a range of thrilling activities and exclusive incentives. Today's Gemz Daily Combo Cards for December 21, 2024 Gemz Daily Combo Cards for December 20: click here. Gemz Daily Combo Cards for December 21: Today's Gemz Daily Cipher for December 21, 2024 Gemz Daily Cipher for December 21, 2024: HYBRID H • • • • Y – • – – B – • • • R • – • I • • D – • • How to use it? ▬ is a long tap ● is a short tap Celebrate the Holidays: Win Up to 3025 USDT in Our Exclusive Christmas New Year Promotion Join our Christmas and New Year promotion for a chance to win up to 3025 USDT in airdrops and exclusive incentives for new users and VIPs. Promotion Dates: December 20, 2024, 7:00 PM – January 3, 2025, 7:00 PM (UTC+8) Activity 1: Participate in a trading challenge to win 2025 USDT in airdrops based on your trading volume. Top traders will receive significant prizes, with extra bonuses for VIPs and first-time margin traders. Activity 2: Complete trading tasks to earn up to 1000 USDT in airdrops. Rewards are based on the total margin trading volume, awarded on a first-come, first-served basis. Participants can earn incentives from both activities, totaling up to 3025 USDT. Promotion Rules:- Registration is required; certain accounts are ineligible.- Incentives will be distributed within 10 working days after the promotion.- Bitget may disqualify users for malicious behavior. Join now and take part in the excitement!

Today's Gemz Daily Combo Cards and Daily Cipher for December 20, 2024

Exciting opportunities await with our Gemz Daily Combo and Bitget’s BGB Holders Celebration Campaign. Today, explore our Gemz Daily Combo Cards and decipher the code for a chance to unlock fantastic rewards. Plus, as a gesture of appreciation for our BGB holders, Bitget is offering a total of $1,500 in FUEL for participating in the BGB Holders Community from December 18 to December 29. Whether you’re strategizing your card choices or aiming for the FUEL airdrop, there’s plenty of action to dive into—let the fun begin! Don’t miss out—join now! Key Takeaways - Jump into our Gemz Daily Combo today and find the right three cards for December 20, 2024, listed below. - Today's Gemz Daily Cipher Morse Code for December 20, 2024. - Get ready for an exciting opportunity with Bitget’s BGB Holders Celebration Campaign! As a token of gratitude for the support of BGB holders, Bitget is thrilled to offer a total of $1,500 in FUEL as part of this special event. From December 18 to December 29, you have the chance to win airdrops of $10 to $20 in FUEL by simply holding the required amount and joining the BGB Holders Community. Today's Gemz Daily Combo Cards for December 20, 2024 Gemz Daily Combo Cards for December 19: click here. Gemz Daily Combo Cards for December 20: Today's Gemz Daily Cipher for December 20, 2024 Gemz Daily Cipher for December 20, 2024: PRIVATE P • — — • R • — • I • • V • • • — A • — T — E • How to use it? ▬ is a long tap Join the BGB Holders Celebration Campaign: Win Your Share of $1,500 in FUEL Bitget is excited to announce the listing of FUEL/USDT and is celebrating by launching the BGB Holders Celebration Campaign! To show appreciation for BGB holders, there’s a total of $1,500 in FUEL available for this event. The campaign runs from December 18, 10:00 UTC to December 29, 10:00 UTC. To participate and potentially win airdrops of $10-$20 in FUEL, users must hold over a specified amount and join the BGB Holders Community. Eligibility will be assessed after joining, and 75 lucky users will be randomly selected to share the prize pool. Don't miss out on this exciting opportunity! Get your FUEL now!

Today's Gemz Daily Combo Cards and Daily Cipher for December 19, 2024

Don't miss your chance to dive into the action with Bitget's exciting promotions! With the Gemz Daily Combo launching today, it’s time to select the perfect trio of cards for December 19, 2024. Plus, gear up for the sixth round of Diamond Thursday, where you can earn a share of 50,000 BGB in exclusive airdrops by trading BTC and BGB during the promotion period from December 18 to December 25, 2024. Stay tuned for today's Gemz Daily Cipher, and get ready to maximize your trading potential with Bitget! Don’t miss out—join now! Key Takeaways - Jump into our Gemz Daily Combo today and find the right three cards for December 19, 2024, listed below. - Today's Gemz Daily Cipher Morse Code for December 19, 2024. - Get ready for an exciting opportunity with Bitget's sixth round of Diamond Thursday! From December 18 to December 25, 2024, you can trade BTC and BGB to earn a share of 50,000 BGB in exclusive airdrops. Today's Gemz Daily Combo Cards for December 19, 2024 Gemz Daily Combo Cards for December 18: click here. Gemz Daily Combo Cards for December 19: Today's Gemz Daily Cipher for December 19, 2024 Gemz Daily Cipher for December 19, 2024: FED F: ● ● ▬ ● E: ● D: ▬ ● ●• How to use it? ▬ is a long tap ● is a short tap Join Bitget's Diamond Thursday: Win Your Share of 50,000 BGB Airdrop Bitget is hosting the sixth round of Diamond Thursday, offering a promotion period from December 18 to December 25, 2024, with a pool of 50,000 BGB in exclusive airdrops. To participate, users must register and meet the following conditions: - Make a net deposit of at least 100 USDT.- Achieve a total spot trading volume of 10,000 USDT in either BTC or BGB to earn a share of the airdrop. Key details include: - Airdrop calculation: Total shares of the airdrop will determine the incentive per share.- Exclusions: Some trading pairs and specific account types are not eligible, and trading volume is only counted after registration.- Incentives will be distributed within 1-3 working days after the promotion ends.- Bitget reserves the right to disqualify users or amend the promotion as needed. Register Now!

Today's Gemz Daily Combo Cards and Daily Cipher for December 18, 2024

Are you ready to elevate your crypto game? Join us now and don’t miss out on incredible earning opportunities! As we dive into the latest updates for December 18, 2024, we bring you the exclusive Gemz Daily Combo and the exciting chance to participate in the CandyBomb promotion. This is your moment to discover the perfect three cards tailored for today and fully leverage the innovative airdrop platform by Bitget. Don’t miss out—join now! Key Takeaways - Jump into our Gemz Daily Combo today and find the right three cards for December 18, 2024, listed below. - Today's Gemz Daily Cipher Morse Code for December 18, 2024. - Get ready to maximize your earning potential with CandyBomb, an innovative airdrop platform launched by Bitget! From December 16 to December 23, users have the opportunity to participate in an exciting promotion featuring Velodrome Finance (VELO) tokens. By completing tasks and making net deposits, participants can earn candies that translate into lucrative token airdrops. Today's Gemz Daily Combo Cards for December 18, 2024 Gemz Daily Combo Cards for December 17: click here. Gemz Daily Combo Cards for December 18: Today's Gemz Daily Cipher for December 18, 2024 Gemz Daily Cipher for December 18, 2024: SECURE S • • • E • C — • — • U • • — R • — • E • How to use it? ▬ is a long tap ● is a short tap Unlock Rewards with CandyBomb: Join the Velodrome Finance Airdrop Promotion CandyBomb is an airdrop platform by Bitget where users can earn token airdrops by completing specific tasks and accumulating candies. Velodrome Finance is designed to help protocols on Optimism incentivize liquidity more effectively, building on the foundations established by Solidly while addressing its limitations. A promotion for CandyBomb runs from December 16 to December 23, featuring a total campaign pool of 57,000 VELO tokens. To participate, users must join the CandyBomb page, after which their activity will be tracked, and they can earn candies based on their VELO net deposits. Get your VELO now!

Today's Gemz Daily Combo Cards and Daily Cipher for December 17, 2024

Whether you're looking to maximize your earnings with CandyBomb’s airdrop platform or decipher the Gemz Daily Combo, we've got something exciting for you. This December, participate in the unique Gemz Daily Cipher and discover the right cards for your strategy. Plus, dive into the CandyBomb promotion running from December 16 to 23 to earn Velodrome Finance (VELO) tokens through fun tasks and net deposits of VELO. Stay engaged and elevate your earnings in this thrilling crypto journey! Don’t miss out—join now! Key Takeaways - Jump into our Gemz Daily Combo today and find the right three cards for December 17, 2024, listed below. - Today's Gemz Daily Cipher Morse Code for December 17, 2024. - Get ready to maximize your earning potential with CandyBomb, an innovative airdrop platform launched by Bitget! From December 16 to December 23, users have the opportunity to participate in an exciting promotion featuring Velodrome Finance (VELO) tokens. By completing tasks and making net deposits, participants can earn candies that translate into lucrative token airdrops. Today's Gemz Daily Combo Cards for December 17, 2024 Gemz Daily Combo Cards for December 16: click here. Gemz Daily Combo Cards for December 17: Today's Gemz Daily Cipher for December 17, 2024 Gemz Daily Cipher for December 17, 2024: NAKAMOTO N — ● A ● — K — ● — A ● — M — — O — — — T — O — — — How to use it? ▬ is a long tap ● is a short tap Unlock Rewards with CandyBomb: Join the Velodrome Finance Airdrop Promotion CandyBomb is an airdrop platform by Bitget where users can earn token airdrops by completing specific tasks and accumulating candies. Velodrome Finance is designed to help protocols on Optimism incentivize liquidity more effectively, building on the foundations established by Solidly while addressing its limitations. A promotion for CandyBomb runs from December 16 to December 23, featuring a total campaign pool of 57,000 VELO tokens. To participate, users must join the CandyBomb page, after which their activity will be tracked, and they can earn candies based on their VELO net deposits. Get your VELO now!

Today's Gemz Daily Combo Cards and Daily Cipher for December 16, 2024

Get ready for an exciting opportunity that you won’t want to miss! As we approach December 16, 2024, we’re thrilled to unveil our latest offerings at Bitget, including the Gemz Daily Combo and the exciting launch of STNK. With a generous reward pool of $10,000 and exclusive airdrops on the table, now is the perfect moment to jump in and explore what we have to offer. Don’t miss out—join now! Key Takeaways - Jump into our Gemz Daily Combo today and find the right three cards for December 16, 2024, listed below. - Today's Gemz Daily Cipher Morse Code for December 16, 2024. - Bitget is thrilled to announce the listing of STNK, and to celebrate this launch, we’re offering a limited-time opportunity for new users to earn exclusive airdrops. With a reward pool of $10,000 STNK, now is the perfect time to join Bitget, complete a few simple tasks, and secure your share of this exciting promotion. Today's Gemz Daily Combo Cards for December 16, 2024 Gemz Daily Combo Cards for December 15: click here. Gemz Daily Combo Cards for December 16: Today's Gemz Daily Cipher for December 16, 2024 Gemz Daily Cipher for December 16, 2024: SHARDING S • • • H • • • • A • — R • — • D — • • I • • N — • G — — • How to use it? ▬ is a long tap ● is a short tap Join Bitget’s STNK Launch: Earn Up to $25 in Airdrops Bitget is listing STNK and is offering a $10,000 reward pool to welcome new users. During the campaign from December 13 to December 18 (UTC), participants can receive a STNK airdrop by completing three tasks: signing up and completing KYC, joining Bitget Discord and BGB Holders Group, and executing a STNK/USDT spot trade. Airdrop amounts range from $10 to $25 STNK. Get your STNK now!

Today's Gemz Daily Combo Cards and Daily Cipher for December 15, 2024

Don’t miss this incredible opportunity! Join us today for the Gemz Daily Combo and discover the perfect three cards for December 15, 2024. Plus, we're buzzing with excitement over the listing of STNK on Bitget! To celebrate, we're giving new users a chance to earn exclusive airdrops from a generous $10,000 reward pool. Complete a few simple tasks and secure your share of STNK—it’s a fantastic time to get involved! Read on to find today’s Gemz Daily Cipher and grab your rewards! Don’t miss out—join now! Key Takeaways - Jump into our Gemz Daily Combo today and find the right three cards for December 15, 2024, listed below. - Today's Gemz Daily Cipher Morse Code for December 15, 2024. - Bitget is thrilled to announce the listing of STNK, and to celebrate this launch, we’re offering a limited-time opportunity for new users to earn exclusive airdrops. With a reward pool of $10,000 STNK, now is the perfect time to join Bitget, complete a few simple tasks, and secure your share of this exciting promotion. Today's Gemz Daily Combo Cards for December 15, 2024 Gemz Daily Combo Cards for December 14: click here. Gemz Daily Combo Cards for December 15: Today's Gemz Daily Cipher for December 15, 2024 Gemz Daily Cipher for December 15, 2024: VALIDIUM V • • • — A • — L • — • • I • • D — • • I • • U • • — M — — How to use it? ▬ is a long tap ● is a short tap Join Bitget’s STNK Launch: Earn Up to $25 in Airdrops Bitget is listing STNK and is offering a $10,000 reward pool to welcome new users. During the campaign from December 13 to December 18 (UTC), participants can receive a STNK airdrop by completing three tasks: signing up and completing KYC, joining Bitget Discord and BGB Holders Group, and executing a STNK/USDT spot trade. Airdrop amounts range from $10 to $25 STNK. Get your STNK now!