Tag Archives: Bitcoin-Halving

A record-breaking number of 210 Bitcoin options contracts were traded yesterday on the Chicago Mercantile Exchange, which set up a new all-time high of nearly $10m. Of the total amount, 202 contracts were May calls (bullish), while 8 were May puts (bearish).CME Bitcoin Options Volume On The RiseCME launched options on Bitcoin in January this year. Despite a promising start with massive volumes, the platform has struggled to maintain consistent numbers of traded contracts.Moreover, following...

Sun Kissed Industries, Inc.’s Numuni Inc. subsidiary says that it sees bitcoin mining as a key source of revenue for its digital media platform.Numuni Is Getting Into Mining At an Odd TimeThe company works to ensure digital content creators garner funds for their work. The company recently put out a statement suggesting that it may get into bitcoin and cryptocurrency mining in the coming weeks, though it’s probably not thinking everything through.For one thing, miners are about to lose a lot...

Prominent American economist and well-known Bitcoin critic, Peter Schiff, believes that the price of the asset will drop following the upcoming halving. He reasoned that the demand will fall after the event, which will result in a bearish BTC future.Schiff Predicts A Price Drop For BTC (Again)As Cryptopotato reported recently, the primary cryptocurrency is outperforming gold in terms of yearly gains. Although both assets have marked increases in 2020, BTC is up by 23%, while the precious...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 875. Heute sprechen wir über folgende Themen: Mehrheit der BTC Investoren glaubt an einen Dump nach Halving, Halte dich fern von Kryptos in Mexiko & Zentralbank Niederlande Krypto Ultimatum. 1.) Majority of Bitcoin Investors Believe Price Will Dump Post-Halvinghttps://www.cryptoglobe.com/latest/2020/05/majority-of-bitcoin-investors-believe-price-will-dump-post-halving/ 2.) Research Center in Mexico Warns...

Polls surveying over 15,000 people suggest that the majority believe Bitcoin’s price is likely to dump as the halving happens and skyrocket later on. This coincides with the behavior of the cryptocurrency following the previous halvings.Mooning Postponed, Bitcoin Will Dump At HalvingA few well-known members of the cryptocurrency community recently initiated polls to see what do users think will happen to Bitcoin’s price at and after the upcoming halving.The first poll cited the halvings of...

Bitcoin is on the rise, and according to new evidence, the reason may be due to increased buying on cryptocurrency exchanges like Coinbase.Coinbase Is Bursting with BTC TradesBitcoin is trading for just shy of $8,900, though last week, it briefly shot up to the mid-$9,000 range. While originally it was believed that buying activity had increased on derivatives platforms, some analysts believe purchases on spot crypto exchanges may be the real “culprit” behind bitcoin’s meteoric...

Days before the third-ever Bitcoin halving, the interest towards the primary cryptocurrency has surged, according to Google trends. The phrase “buy Bitcoin” is getting very close to the previous two-year high levels of June 2019’s bull-run and the March 12 dump of this year.Buy Bitcoin Search Volume IncreasesSignificant attention is heading Bitcoin’s way, as can be seen on Google trends. “Buy Bitcoin” searches have increased to the highest point since April 2018.Buy Bitcoin Google Searches...

Bitcoin intelligence, data, and analytics firm Glassnode found the Bitcoin hash rate hit a new all-time high over the weekend, ten days before the Bitcoin halving event.In other words, miners are putting more computational power into maintaining the Bitcoin network. Because miners must venture electricity and capital intensive computer processors to mine Bitcoin, the increase in hash rate is a bullish sign. It means miners are after the Bitcoin rewards they get from maintaining the network....

Many analysts believe that the price of bitcoin could potentially reach $10,000 before the halving is set to occur.Could Bitcoin Spike It Big All Over Again Soon?If that’s the case, bitcoin would need to spike to the five-figure range in less than two weeks. Can it be done? Is this enough time for the asset to truly make its mark?The last time bitcoin was trading in the $10,000 range was last February. This held for a few weeks and then the currency fell victim to the hazards of the market as...

The recent Bitcoin price increases, and the upcoming halving have brought back media attention. CNBC recently explained the upcoming halving and made a bold prediction claiming that BTC could surge soon.CNBC Believes Bitcoin Will SurgeBitcoin made an appearance on CNBC’s Fast Money on Friday following the recent price surge. Crypto-friendly expert, Brian Kelly, outlined his views on the current situation and explained the halving:“As the whole world is quantitative easing (QE), Bitcoin is...