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Top Crypto News Today: Bitcoin miners brought in $1.06B

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In today’s crypto news, the bitcoin miners have brought in a revenue of $1.06 billion within the month of February. A very small portion of this revenue was generated from transaction fees, while the major portion of it was generated from block subsidy. Read more on this global crypto news below. 

The Chicago Mercantile Exchange (CME) has announced to launch of micro options for Ether and bitcoin to open derivatives for small investors. 

In today’s web 3 news, Electric Capital has announced about launching a $1 billion fund for web 3 and blockchain-based developments. If you are one blockchain and web 3 enthusiast you must read top Web 3 news for today

Before heading to the news section let’s have a quick glance at the latest crypto price trends. 

 

Crypto Prices Today 

Price Trend  Price for March 04, 2022  Percentage change 
The global cryptocurrency market cap  ₹139,183,551,800,364 -3.85%
The total crypto market volume ₹6,509,230,710,202 -7.60%
Bitcoin Price ₹32,65,742.15 -3.63%
Ethereum Price  ₹2,15,127.22 -5.42%

*All prices are latest by 12 PM IST 4 March 2022.*

 

Top Gainers and Losers Today

Top 3 Crypto Gainers  

Cryptocurrency  Price (Latest by March 04, 2022)  Change in % 
UMA (UMA) ₹798.29 29.71%
THORChain (RUNE) ₹462.70 8.01%
Cosmos (ATOM) ₹2701.23 5%

*All prices are latest by 12 PM IST 4 March, 2022.*

Top 3 Crypto Losers 

Cryptocurrency  Price (Latest by March 04,  2022)  Change in % 
dYdX (DYDX) ₹425.06 8.21%
Solana (SOL) ₹7285.34 6.56%
Helium (HNT) ₹1770.31 6.33%

*All prices are latest by 12 PM IST 4 March, 2022.*

Crypto News Global 

Bitcoin miners brought revenue over $1 billion

According to reports, Bitcoin miners have brought in revenues of $1.06 billion. The major division of this revenue comes from block subsidy ($1.05 billion) while only a small portion of it comes from transaction fees ($12.92 million). 

Read: How to do Crypto Technical analysis 

Source: The Block 

 

CME to launch micro BTC & ETH options in March 

The Chicago Mercantile Exchange (CME) has announced the launch of micro options for Ether and Bitcoin. This shall open the micro derivatives market for retail investors. 

The contract size of these BTC and ETH options shall be equal to one-tenth of their underlying tokens and this shall be launched on March 28. Currently, the exchange offers full-size options to trade bitcoin and ether with a contract size of 5 BTC. 

Read: Solana vs Polkadot: A comparative analysis

Source:  The Block

 

Top Web 3 News today 

 

Electric Capital to fund crypto networks & Web 3 protocols 

Electric Capital has announced raising $1 billion funds for crypto networks, blockchain-enabled projects, and web 3 protocols. This group is a long-term investor and partner to their founders and has spent the last four years in building data systems and software that enable participation in Web 3 ecosystems. The infrastructure built by this company provides liquidity as well as drives key governance proposals to help the founders better their ecosystem. 

Are you also a web 3 and blockchain developer? This top web 3 news will surely help you broaden your business idea. 

Source: Electric Capital 

 

Daily Crypto News Round-Up 

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