Tag Archives: Bitcoin-Halving

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...

With Bitcoin’s price increase in 2020, so does the interest in futures trading. A few days ago, for instance, CME recorded one of its best trading days with over $1 billion in daily volume.Other significant names in Bitcoin Futures trading, including BitMEX and Binance, are also noting impressive volumes lately.CME Bitcoin Futures Volume SpikesThe Chicago Mercantile Exchange (CME) opened its Bitcoin Futures platform in late 2017. It’s a regulated establishment that allows contracts to be...

What the heck is going on with bitcoin?Bitcoin Has Fallen… Again!!Just yesterday, we reported that the currency was again above the $10,000 line, but now, it seems the currency is incurring a major drop and has fallen into the mid-$9,000 range overnight. At the time of writing, the world’s number one cryptocurrency by market cap has dropped by more than $600.And yet, there are analysts that still stand by the currency and say it’s experiencing its greatest trends in some time. Tone Vays, for...

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...

Interest rates across the globe are going to zero, and it’s bullish for Bitcoin, according to Morgan Creek Capital Management Founder and CEO, Mark Yusko. He also noted that the recent price drop should not bother investors, and they should focus on purchasing more.Zero Interest Rates Good For BitcoinYusko recently spoke in a CNBC interview regarding the cryptocurrency market, and Bitcoin in particular. He strongly believes the largest digital asset will continue increasing its value in...

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...

What happens when a lot of people talk about possible Bitcoin price movement? Right – the price indeed starts moving. And now BTC seems to be gaining momentum ahead of May’s halving event.Some experts start predicting the next price move. They see a dramatic scenario of Bitcoin price rushing up to $18,000 and even $20,000 in the short-term and up to $100,000 in the long-term. Such data is based on calculations of previous price action. It appears that Bitcoin can gain up to 80% in profits...

Tesla stocks (TSLA) saw a tremendous price surge in the last few months, and the firm is looking to monetize the increase. Tesla plans a $2 billion common stock offering to strengthen its financial position.While similar scenarios could play out in the traditional financial market, Bitcoin stands on the opposite shore. Its finite pre-programmed supply of 21 million means that no more coins can come in the market.Tesla Stocks Performance And OfferingThe last several months have been nothing...