Tag Archives: bitcoin halving 2020

Ethereum creator Vitalik Buterin shared his thoughts regarding Bitcoin price mocements. He claims the Stock to Flow model doesn’t work for Bitcoin or any other crypto asset.Vitalik Buterin says that you shouldn’t make financial decisions solely after reading the news. The classic Stock to Flow (S2F) model is not working with Bitcoin. Major news announcements, as well as world disasters such as coronavirus, do not affect the crypto market. Buterin says that there are 95% of the articles on the...

It has been discovered that there is a correlation between Bitcoin price and mentions of the upcoming BTC halving in media outlets. The more mentions are there, the higher the price is.It seems that whenever some media informs the public about the upcoming Bitcoin halving, the strongest cryptocurrency tends to grow. The BTC halving event is getting closer and closer. That’s why there is no surprise that the number of mentions is growing. According to a popular countdown, there are only 76...

Bitcoin price smashed the $9,500 support on February 25 after repeated tests and accelerated towards $9,100, marking the second day of losses amidst fears of the coronavirus spreading to more countries.Bitcoin price smashed the $9,500 support on February 25 after repeated tests and accelerated towards $9,100. That marked the second day of losses as global equities markets steeply corrected on the fears of the coronavirus spreading to more countries. As the price plunged violently, traders in...

Today, more than 60% of global transactions involving Bitcoin have a connection with the gambling industry. One of the main factors that can be used to explain this popularity is the anonymity that crypto offers to the network participants.In a business running on estimation and predictions, observation and critical analysis of trends – of past, present, and future – play the central role. All the profits and losses incurred by its participants depend entirely on this object of detail and...

According to Changpeng Zhao, Bitcoin halving does not have a set price. But after the event, we may expect that the BTC price will react positively. In less than three months, the most anticipated event for the crypto community will take place: Bitcoin halving. Scheduled for May, Bitcoin halving happens at every 210,000 blocks and cuts down the supply of BTC, making the asset more scarce. Now the reward for each block is 12.5 Bitcoin and after halving it will be 6.25 Bitcoin.It takes four...

The cryptocurrency market is all red, with huge candles hitting Bitcoin price charts. Other assets are falling amid the expectations of unlimited growth too.The total market capitalization shows a massive drop to $278 billion. Ethereum and XRP have lost two percent more in price than Bitcoin did.  It’s a pity that, till these days, we have the trouble of oversized expectations of traders. Every time Bitcoin breaks through some psychological level, people start weird $100,000 predictions. But...

The CEO of Lolli has joined a long list of people who believe that the Bitcoin halving isn’t already priced in and BTC will surge after the event.The entire crypto market is anticipating Bitcoin halving. The event will see a 50% reduction in the rewards that miners receive for block production. Because of the relative Bitcoin scarcity that will accompany the event, the price of the world’s king coin is expected to rise significantly. History also suggests that there will be a heavy pump in...

The BTC chart shows a “golden cross” occurrence which demonstrates that the Bitcoin price can shoot over 150% from the existing levels in the next six months.On Tuesday, February 18, Bitcoin price has successfully managed to pull-back above $10,000 levels covering its weekend losses. The 24-hour chart on CoinMarketCap shows that the Bitcoin price changed the direction from $9630 surging northwards and adding over $500 in just a few hours.At press time, Bitcoin is trading 2.79% up at a price...

Having started at around $7,000 in January, the Bitcoin price has swung wildly above and below $10,000. With Bitcoin halving around the corner, many in the crypto space expect Bitcoin to keep climbing up the ladder.When we say Bitcoin halving we usually think of reduction of the miner reward in the Bitcoin  network. Well, the thing is – it is soon happening. The third ‘reward era’ will be opened in May this year and we cannot wait for it to happen. Why? Well, usually every time the halving...

The 4 hours indicators show that Bitcoin price has dropped over $300 off in one trading session, meaning that buyers are resting, while there are only around 88 days left before the halving. Maybe a huge sell session is coming?Asian trading hours showed a significant price pump on the whole market, but now Bitcoin price has dropped. It may even be facing the major rollback soon. Thanks to the bulls being lazy, the price didn’t reach $10,500, showing the fall to presumably $9,900. The second...