Bitcoin halving will lead to miner consolidation, sideways price action in near term

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Gold,Silver,Platinum

The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.

With the Bitcoin halving set to transpire in less than 36 hours, the crypto community's attention has turned to miners, with analysts expecting the industry to undergo consolidation post-halving. -Gold and silver prices are modestly up in midday U.S. trading Thursday. Both precious metals continue to see a trickle of safe-haven buying as the marketplace is pensive late this week on geopolitical concerns.

– One year to the day after one of the largest gold heists in history, Canadian police announced the arrests of five Canadians and one American, with three others still at large.Ernst & Young has announced the launch of EY OpsChain Contract Manager , an Ethereum-based solution designed to help private business clients execute complex contracts.

 

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