Tag Archives: Bitcoin-Halving

Recent data indicates that the number of Bitcoin whales (containing more than 1,000 BTC) has grown by nearly 9% in the past year. Interestingly, even after the completion of the third halving, whales continue to accumulate, which contradicts with their past performance.BTC Whales On A Shopping SpreeData provided by the monitoring company Glassnode displays the yearly performance of Bitcoin whales.Bitcoin Whales (Addresses With Over 1,000 BTC). Source: GlassnodeThe number of BTC addresses...

Recent data indicates that Bitcoin transaction fees have been decreasing after the post-halving peak, while Ethereum fees are on the rise. As such, the total amount in fees spent on the Ethereum network has surpassed Bitcoin’s, and the gap continues to grow.The “Feepening” Ethereum Vs. BitcoinAccording to information from the cryptocurrency data company Glassnode, the daily Ethereum network fees surpassed Bitcoin’s on June 5th for just the second time this year. At that point, the amounts...

Plan B – a respected yet anonymous bitcoin analyst that invented the stock-and-flow model for bitcoin – has made a bold announcement about the world’s number one digital currency by market cap.Plan B Predicts Big Things for BTCThe analyst has announced that sometime within the next one to 1.5 years, bitcoin will ultimately shoot up to $100,000 per unit. According to Plan B, the halving is placing bitcoin on a new bullish run that will take it into six-figure territory for the first time in...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 895. Heute sprechen wir über folgende Themen: Der BTC Markt wird am Donnerstag erst „interessant“, Western Union Übernahmeangebot für MoneyGram & Einfluss der USA Unruhen auf Bitcoin. 1.) Analyst: Der Bitcoin-Markt wird durch diese Änderung am Donnerstag erst „interessant“https://coin-update.de/analyst-der-bitcoin-markt-wird-durch-diese-aenderung-am-donnerstag-erst-interessant/ 2.) Wie werden die Unruhen in...

It looks like all the hype and fear that surrounded the recent rumor of Satoshi Nakamoto moving his bitcoin has subsided. Bitcoin has not only crawled back above the $9,000 mark, but it has managed to add several hundred to its price to trade beyond the $9,500 position.Bitcoin Is Bullish Once AgainThis is certainly good news, but the currency is still struggling to break past $10K. What will happen in these coming weeks? Will the world’s number one digital currency by market cap continue its...

It’s funny how more than two weeks have passed since bitcoin’s famed third halving, and yet people are still talking about it as though it were fresh news. Bitcoin IRA – despite the big gap between now and the occurrence – has unveiled a new report that discusses the company’s alleged findings pertaining to the halving and what traders can expect in the coming future.Bitcoin IRA Reveals Some New DataA halving occurs for bitcoin every four years. The previous two occurred in 2012 and 2016,...

The gap between Bitcoin’s hashrate and its mining difficulty has led to a miners capitulation –  which could result in a major Bitcoin price dump.As pointed out by trader and popular YouTuber TheMoon, large discrepancies between hashrate and mining difficulty have typically resulted in a sudden departure of Bitcoin miners in the past. This, in turn, has historically been followed by a significant BTC price drop.Seen below is a chart analysis that points out the crossover between the moving...

Apparently, not all mining companies are in good shape. Canaan Creative – the largest mining facility in China after Bitmain – has announced that sales seriously dropped during quarter one of 2020, and that the company has lost nearly $6 million despite significantly lowering prices on all its mining equipment.Canaan Creative Takes a Nasty HitIn all, Canaan has lowered the prices of all its mining machines by half in the past few months, but this hasn’t been enough to keep revenue streams...

It has been nearly two weeks since the halving, and yet analysts are still speculating about what could happen in the future for bitcoin’s price.The Halving Still Has People TalkingOverall, halving events in the past have been quite bullish for the currency. This time, however, there seems to have been a lot of activity during the lead up, while the event itself turned out to be a real bore. Not much has happened since Tuesday, May 12. In fact, the currency is down since then, having recently...

The bitcoin halving has come and gone, and many were worried about the state of bitcoin’s mining operations and how they would handle the coming future. Would mining remain a profitable industry, or would it sink into oblivion never to be heard from again?The Halving: Did It Hurt the Industry?While there are certainly changes the arena must deal with, bitcoin miners and mining machines are still witnessing some profits creeping into the space, suggesting that the recent halving hasn’t...