The halving of Bitcoin and the cooling of Runes have caused the operating costs of various mining machines to approach their shutdown prices
PANews reported on April 29 that according to Wu, citing f2pool data, after the Bitcoin halving, the operating costs of various mining machines, including Antminer S19, T19, Shenma M33S+ and M30S+, have been close to their shutdown prices, based on an electricity price of $0.06 per kWh. In addition, as the popularity of the Runes project has decreased, miners' income has decreased, and the electricity cost of the most advanced Bitcoin mining machines has now exceeded 50%.
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Kalshi approved to launch perpetual gold and silver futures, competing with traditional exchanges
Kalshi has received CFTC approval to launch gold and silver perpetual futures on Thursday, becoming the first approved non-cryptocurrency perpetual futures product in the United States. Since the launch of cryptocurrency perpetual futures in May, the notional trading volume of related contracts has reached 44 billions USD. Traditional exchanges such as CME Group have faced pressure on their stock prices, and CME has even sued the CFTC in an attempt to halt the expansion of such products. Kalshi is also applying for the listing of US stock, copper, and forex perpetual futures.
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