Tag Archives: Bitcoin-Halving

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...

Public interest in the ‘Bitcoin halving’ is gaining steam as Google searches for the term have now risen to their highest level in history. According to Google Trends data, interest in the term began steadily ramping up at the start of 2024. Beginning with a score of 9 in January, interest in the “bitcoin halving’ keyphrase is now at 100, meaning it has never been higher. The Bitcoin Halving Approaches The last time the Bitcoin halving became a popular search term was at the...

The cryptocurrency market endured massive volatility this week. Amidst geopolitical instability, this price action triggered billions in liquidation and left many wondering if Bitcoin could be used as a hedge against chaos. However, certain cohorts of Bitcoin holders remained unfazed. This is evident by the fact that Bitcoin appears to be entering an accumulation phase as withdrawals from exchanges surged to levels not seen since January 2023. Bitcoin Investors Prepare for...

The neutralization of funding rates in crypto perpetual markets following the drawdown suggested that the correction was healthy and that volatility may eventually decline. With the Bitcoin halving a few days away, the amount of BTC leaving centralized exchanges has risen to levels not seen for more than 15 months. At the same time, the number of BTC that have not moved in over a year has declined significantly. According to the Bitfinex Alpha report, these on-chain...

The upcoming Bitcoin halving event is expected to follow the pattern of “buy-the-rumor, sell-the-news,” according to the Crypto.com CEO. The exec believes that in the long term, however, the halving, which is currently slated for April 20, will positively impact Bitcoin’s price. Bitcoin Halving’s Long-Term Impact Will Be Positive In a recent Bloomberg interview, Kris Marszalek, CEO of Crypto.com, shared his thoughts on the Bitcoin halving, saying that while there will be...

The cryptocurrency market saw a massive correction in the past two days, starting with a red Friday and followed by a Saturday massacre. While the reasons are still debated, even though they seem to be external and not related to the industry itself, the fact is that the total market cap shed over $400 billion at one point. With the next Bitcoin halving, an event typically regarded as a catalyst for future price increases, just around the corner, the question arises whether...

[unable to retrieve full-text content]CoinspeakerBitcoin Price Briefly Falls Below $68K Following Hotter than Expected US CPI, Raising Concerns for Local Top Bitcoin halving 2024 is less than 11 days away from happening amid heightened demand from institutional investors from all over the world. Bitcoin Price Briefly Falls Below $68K Following Hotter than Expected US CPI, Raising Concerns for Local Top

With just a few weeks left until the completion of the fourth halving in BTC’s history, crypto analysts, experts, and commentators rush to offer their views on what can and might transpire in the following months. History shows that Bitcoin’s price has reacted quite positively during the cycle that starts with the halving, which is to be expected, given its effect on the network – after all, the production of new BTC is slashed in half, and if the demand for the asset remains...