Tag Archives: Bitcoin-Halving

Bitcoin price shot 4% on Thursday to surpass $9800 levels along with a sudden spike in the Open Interest. The community is enthusiastic about the upcoming Bitcoin halving event, however, the coronavirus outbreak in China is severely hurting the region’s mining business.In the last three days since February 5, Bitcoin price has added over $500 to its price taking it closer to $10,000 levels. On Thursday, February 6, BTC price surged above $9800 with nearly 4% gains. Moreover, with this move,...

It is most likely that Bitcoin will gain from a rapid drop in Asian stock markets due to the coronavirus menace. Crypto analysts believe that the flagship token will gain soon. Apart from that, the halving event is fast-approaching. Bitcoin is less than 99 days away from its halving event. Most of the market commentators are bullish on its impact.Bitcoin price smashed the $9,600 hurdle for the first time since November 2019. Nonetheless, the weekend session was also dominated by significant...

Bitcoin price has risen to new monthly highs. The price made a historic jump in January. It has risen about 10% this week alone and about 30% since December. Recent data points to the Bitcoin price rise to current levels from $7,208 at the end of 2019. Now the coin is trading around $9,395. This coincides with a similar rally in January 2013. Bitcoin prices rose by 54.5% then. A pattern for Bitcoin prices may be emerging. Based on past performances of the digital asset, prices may be set for...

One of the most awaited events in the cryptocurrency space, the Bitcoin Halving, is estimated to take place about 100 days from today.On this day, the reward that miners get from adding blocks to the network will be slashed in half: from 12.5 BTC per block, as of today and the recent four years, to 6.25 BTC per block. It will also reduce Bitcoin’s pre-set inflation rate from the current 3.68% to about 1.8%.Even though the date of the Bitcoin Halving could range depending on the network’s hash...

Set for 12 May 2020, the Bitcoin halving is just 105 days away. Bitcoin price is steady at 8K-9K level.However, we should note that the same figure was named last week. Despite the fact that time is going forward, the halving event is not getting closer according to popular countdowns. It may be evidence of the decreased hash rate.Arcane Research, a Norwegian Cryptocurrency analytics company, published a study showing the growing demand among people who search in Google for ‘bitcoin halving’....

The debates on whether or not the forthcoming Bitcoin halving will affect the price of the asset continues with full force. While some people believe that the event has already been priced in and the community should not expect a significant boost, others presume that Bitcoin is yet to encounter the real impact.Bitcoin Halving Can’t Be Priced InThe Bitcoin Halving is arguably the most awaited event this year in the crypto community. It occurs every four years, and the next one is supposed to...

Bitcoin price is always largely influenced by the halving. Bitcoin’s halving is easily the most anticipated event in the crypto industry today. The next halving is expected sometime in May 2020 and many believe it will spark the next Bitcoin rally. Since late last year, there have been many forecasts about what the halving will do for the king coin. A new report has now suggested what is probably the most bullish forecast for the world’s number one asset. According to Beincrypto, Bitcoin will...

As we all know by now, the bitcoin halving is scheduled to arrive this coming May, and many analysts are arguing that the event will likely cause the currency to jump in price.The Halving Is On Its WayOne analyst on Twitter – simply going by the name “Crypto Bull” alleges that the currency could spike as high as $33,000 in July thanks to the halving. In a recent social media post, Crypto Bull explains:Bitcoin ROI from first halving to second halving: 5,333 percent. We are currently up 1,338...

The halving for bitcoin is still months away, yet many analysts are still deeply divided on where the event will take us. Is the currency likely to go up as it’s done in the past, or will things remain as they are?Will the Halving Do Anything for the Industry?The rewards garnered by bitcoin miners will be cut in half, and the currency is set to become much rarer. Something that’s rare is likely to have a lot more value than something that’s common, but several industry leaders still believe...

Bitcoin may be down, but it’s still given users a lot of happiness.Bitcoin Has Outdone All Other InvestmentsPer one source, the currency has risen by more than nine million percent over the past ten years. The 2010s were an up-and-down decade. Many were recovering from the Great Recession that had occurred roughly two years earlier, and several people in the U.S. who had worked in the manufacturing industry were stuck looking for new jobs given that the country had shipped many of its...