Memecoin sends BTC fees to the moon, miner profits top $50B and more: Hodler’s Digest, April 30-May 6

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Bitcoin miners earned $50B from BTC block rewards fees since 2010, according to Glassnode. Missed it? Catch up on more headlines you might have missed from this week on our Hodler's Digest.

“Even in the U.S. where that [CDBC] was for quite some time a topic of not great interest, now there is engagement, and for the right reason. The future has arrived.”“I spent my own money to send a provably costly signal that there’s something wrong with the economy, and that it’s not going to be a ‘soft landing’ like Powell promises — but something much worse.”“There’s going to be very few people over the next 10 years that don’t have some involvement in this [crypto] sector.

Popular pseudonymous trader Alan, also known as Trader Tardigrade, was optimistic about upside continuation, which could mimic its breakout from late 2020. “#Bitcoin has entered the phase of ‘Storing of power,’” he told Twitter followers alongside a comparative chart, adding that the moment was the preparation for an “incoming Bull Run.”Argentina’s central bank, alleging it intends to reduce the country’s payment-system exposure to digital assets.

 

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