The bitcoin halving scheduled for this coming May is likely to give rise to a new bout of crypto millionaires, analysts claim.Will the Halving Make Hodlers Rich?Over the years, bitcoin has earned a reputation for boosting one’s wealth. At the same time, its volatility has also struck fear into the hearts of traders everywhere. It’s just as easy to become extremely rich with crypto as it is to become broke. Your crypto has as much chance of going up as it does of disappearing overnight.But...
Read More »Correlation Between Bitcoin and Gold Sets The Stage For Another 2017-Like Parabolic Price Surge, Bloomberg Reports
A recent report by Bloomberg says it might be time for a 2017-like bull run for Bitcoin. According to the document, interest in BTC is increasing while the market is maturing in time for the 2020 Halving, winking at the previous event of the kind that took place in 2016.Becoming The Digital Gold, After a High-Five With The Precious MetalIt might be the digital currency’s ready-get set-go for a bullish run, the report predicts. It emphasizes that BTC probably has what it takes to become “the...
Read More »Bitcoin Shoots Up Following Approval of More COVID-19 Relief Aid
Following a recent drop into the high $6,000 range, bitcoin – the world’s number one cryptocurrency by market cap – has surged back above $7,100, suggesting that this is where it’s likely experiencing the most resistance.Bitcoin Surges Once AgainBitcoin has gone back and forth over the past couple of weeks, falling and jumping between $6,700 and $7,200. There appears to be a $500 range of heavy activity, the bottom of which present necessary support, while the upper range is providing...
Read More »#868 WordPress-Plugin für Krypto-Handel, Millionen für Lieferketten-Blockchain & Bitcoin Halving Interesse
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 868. Heute sprechen wir über folgende Themen: Tim Draper startet WordPress-Plugin für den Krypto-Handel, Berliner Startup erhält Millionen von EU für Lieferketten-Blockchain & Bitcoin Halving Interesse steigt enorm. 1.) Tim Draper startet WordPress-Plugin für den Krypto-Handelhttps://www.btc-echo.de/tim-draper-startet-wordpress-plugin-fuer-den-krypto-handel/ 2.) Berliner Startup erhält Millionen von EU für...
Read More »BTC Accumulation At Record Levels: Are HODLers Expecting Bitcon Halving Price Surge?
Bitcoin accumulation is on the rise in the past few weeks, according to new information. BTC hodlers are stashing more coins daily now than they did at any time in the last year.The question remains if the upcoming Halving scheduled to take place in May is the primary reason behind this, or is it something more.BTC Hodlers Increase Their PositionsPer data provided from the monitoring resource, Glassnode Insights, the primary cryptocurrency has seen lots of accumulation phases in the past...
Read More »The BTC Halving Could Cause a 12-Month Price Spike
Bitcoin is set to undergo a major halving in the next few weeks, and this has sparked several questions amongst both analysts and everyday traders alike.The Halving Could Do a Lot for BTCOne of the big questions regarding bitcoin’s future after the halving revolves around whether it will be possible to perform a 51 percent attack on the world’s number one cryptocurrency by market cap. While bitcoin is the largest and most powerful digital currency and likely won’t fall victim to such a...
Read More »Some Bitcoin Mining Firms Are Deemed Important Enough to Keep Open
The coronavirus has shut down many non-essential businesses, and that has affected the bitcoin mining arena in many ways.It All Depends on Where Bitcoin Mining HappensFor several bitcoin mining ventures, where they’re located has a lot to do with whether they’re permitted to run normally during the pandemic. In Canada, for example, bitcoin mining and the extraction of new cryptocurrencies is considered essential. Thus, many firms have been allowed to remain open, though some report that their...
Read More »Bitcoin Halving Internet Searches Have Seriously Spiked
The bitcoin halving has got everyone on edge, and searches surrounding the term are at an all-time high.What’s Going to Happen with the Bitcoin Halving?Bitcoin has halved in the past, so it’s not like the event scheduled for this coming May is anything special. However, many analysts say that bitcoin’s future may ride on this single halving for several reasons, as it will likely determine whether bitcoin’s price spikes to its all-time high again.A halving means that the number of block...
Read More »Bitcoin könnte vor dem Halving um 35% steigen
Das Bitcoin Halving rückt immer näher und mit ihm die Hoffnung, der BTC-Kurs könnte deutlich zulegen. Traditionell führt das Halving immer zu einem klaren Kursplus, doch ist dieses auch in der aktuellen Marktlage zu erwarten? Eine Fraktalanalyse sagt: Ja!Bitcoin News: Bitcoin könnte vor dem Halving um 35% steigen9.000 US-Dollar ist die Marke, die eine neue Analyse für den BTC-Preis vor dem Halving ausgegeben hat. Bereits am Montag soll die Rallye losgehen und den BTC wieder in Richtung...
Read More »Why The 2020 Bitcoin Halving Is Different And Might Disappoint Price Spike Expectations Like In 2012 & 2016
In less than a month, the third Bitcoin block halving, arguably the most anticipated event in the crypto space as of now, will take place. After the halving, the reward that miners receive for verifying transactions and maintaining the Bitcoin network will be cut in half. In theory, the price of Bitcoin should increase after rewards divvy up, as it means Bitcoin will become even scarcer. Recall these mining rewards are the way new Bitcoin is created, and cutting them in half means that new...
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