Tag Archives: Bitcoin-Halving

TL;DR The number of XRP wallets holding at least 1 million tokens is nearing an all-time high, reflecting increased investor interest despite recent value fluctuations. Ripple’s final trial phase with the SEC and the Bitcoin halving are anticipated to significantly influence the asset’s price movement. XRP Investors on the Move Over the past several months, the price of Ripple’s XRP has been far from its glory days, hovering in the $0.45-$0.70 range. However, many investors...

Bitcoin halving concerns triggered the 11th consecutive week of outflows from the blockchain equities. According to data compiled by CoinShares, blockchain equities experienced $9 million in withdrawals as investors worried about halving the impact on mining companies because it can affect their profitability and, subsequently, the value of their investments in those firms. The latest halving saw the mining reward slash to 3.125 BTC. If mining becomes less profitable as a...

Bitcoin layer 2 solution tokens have demonstrated superior performance to BTC following the highly anticipated halving of the mining reward on the blockchain. Since the event, these tokens have surged by 5% to 20%, outpacing the top crypto by market cap. Stacks (STX) Takes Center Stage According to CoinGecko data, the market cap for Bitcoin layer 2 solutions is $4.3 billion, marking a 5.6% increase in the past 24 hours. Meanwhile, the trading volume is $184 million. Stacks...

CoinspeakerNYSE Polls Market Participants on Round Clock Stock Trading As the NYSE conducts its survey, US regulators are closely scrutinizing an application for the establishment of a 24/7 stock exchange. NYSE Polls Market Participants on Round Clock Stock Trading

CoinspeakerBitcoin Layer 2 Coins Rally after BTC Halving Event 2024 Since the halving event, Stacks (STX) token surged by 20%, Elastos' ELA token has surged by 11%, while SatoshiVM's SAVM has seen a 5% increase in value. Bitcoin Layer 2 Coins Rally after BTC Halving Event 2024

TL;DR The Bitcoin halving has slashed the miners’ block rewards in half, reducing the daily issuance of BTC and likely resulting in a price rally. While it is speculative to predict which meme coin will perform best post-halving, Dogecoin and Shiba Inu have historically done well, with potential boosts from technological advances, celebrity endorsements, and community support. The BTC Halving’s Impact One of the most important events in the cryptocurrency industry – the...

Meme coins have been at the forefront of the 2024 bull run, with many surging by double-triple-quadruple digits in the past few months. However, that trend changed in mid-March when the crypto market’s run was halted, and many retraced hard. Another change seems to be on the horizon, this time in a more positive manner, as the four best-performing assets from the top 100 alts today are coming from the meme coin realm. CryptoPotato reported earlier that Bitcoin had tapped...

Bitcoin’s fourth halving, a highly anticipated event occurring every four years in the cryptocurrency realm, has finally occurred. This event, reducing the Bitcoin block reward from 6.25 BTC to 3.125 BTC, marks a crucial moment in the industry. As a result, the daily issuance of Bitcoin has been slashed in half, now standing at around 450 Bitcoin compared to the previous approximately 900. This reduction will continue until around 2140, when the final BTC is mined. Why Does...

With the Bitcoin (BTC) halving only hours away, analysts are at odds over whether the one-in-four-years event is already “priced in” to the crypto market. According to Bitwise CIO Matt Hougan, the answer is yes – but it comes with some important nuance. The Bitcoin Halving And Efficient Markets In a Twitter thread posted on Friday, Hougan acknowledged that the halving is both “well-known” and predictable for all market participants. Specifically, at block 840,000, the newly...

Bitcoin’s fall to $61,000 over the weekend was a result of market participants reducing their exposure to the digital asset ahead of the halving slated for April 20, according to the latest CryptoQuant weekly report. Analysts said traders closed their long positions to take profits, and now, the volume of sell orders in the perpetual futures markets is dominating buy orders. This is evident in the Buy Sell Ratio, which has declined below one. The ratio rallies above one when...