Tag Archives: Bitcoin-Halving

[unable to retrieve full-text content]CoinspeakerBitcoin Halving 2024 Just 30 Days Away: Here’s What You Need to Know Unlike previous halving events, which are usually accompanied by Bitcoin reaching a new all-time high, the crypto asset has already hit a new ATH this month ahead of the event.  Bitcoin Halving 2024 Just 30 Days Away: Here’s What You Need to Know

2022-2023 was an excellent period for naysayers who crushed, denounced, lambasted, and even proclaimed Bitcoin (BTC) is “dead.” A “dark age” where there appeared to be little hope that the primary cryptocurrency would once again rise or even exceed its previous peaks. However, BTC always seems to have the final word (at least, it has been like that in its 15-year history). Its price launched a massive rally at the beginning of 2024 that led to an unprecedented height of over...

[unable to retrieve full-text content]CoinspeakerAnalysts Predict XRP Price to Surpass Previous ATH Soon, Here’s Why The expectation that XRP will surpass its ATH is directly tied to the upcoming Bitcoin halving. Analysts Predict XRP Price to Surpass Previous ATH Soon, Here’s Why

The future is not assured until it has passed, but successful cryptocurrency investors have relied on how powerful the recurring patterns are in these historical trends. Here are 12 Bitcoin halving cycle protips from crypto influencers on X, the social media website formerly known as Twitter. 1. It’s Still Early On This Halving Cycle Like clockwork ? #Bitcoin pic.twitter.com/BrZRDsgsLN — Thomas | heyapollo.com (@thomas_fahrer) March 2, 2024 It may feel strange to traders to...

The current bull run stands apart from its predecessors in several significant ways. Bitcoin has undergone three halving events thus far. The first one was in 2012, followed by another in 2016, with the most recent occurring in 2020. Bitcoin surged to achieve new all-time highs only after each halving. Contrastingly, this time, Bitcoin has already surpassed its previous peak set in 2021. Just last week, Bitcoin soared above $70,000, which is notable considering the upcoming...

Fidelity Digital Assets have stated in a recent report that while Bitcoin (BTC) holders typically anticipate the quadrennial reward halving to boost prices, miners must actively strategize to plan for the upcoming event to prevent going bankrupt. Notably, the halving event, expected on or around April 19, will reduce their earned Bitcoin by 50%. Bitcoin Miners’ Challenges as Halving Nears According to analyst Daniel Gray, miners must sustain their current hash rate, energy...

TL;DR The upcoming Bitcoin halving event is expected to decrease miner rewards and may boost the cryptocurrency market. Analysts predict XRP could exceed $1 soon, with potential spikes up to $1.40 in April and an eventual all-time high of $5, depending on overcoming key resistance levels. What Needs to Happen? The Bitcoin halving – a major event in the cryptocurrency industry that takes place roughly every four years – is scheduled for April this year. It will cut the...

Amidst the market-wide rally, Bitcoin miners appear to be reaping substantial rewards. On March 6th, they earned a staggering $75.9 million in daily revenue marking the second-highest figure in the leading crypto asset’s history. This also represented a notable increase of 30.74% from the previous day and a remarkable surge of 293.1% compared to the same date one year ago. Record-Breaking Day for Bitcoin Miners As updated by Julio Moreno, head of research at CryptoQuant, this...

TL;DR Bitcoin’s price has seen significant increases recently, surpassing $62,000 and sparking speculation about the start of a major bull run. Some important factors hint that reaching a new all-time high might be just around the corner. BTC Halving Bitcoin’s price has excited the cryptocurrency participants and shocked the naysayers in the past few weeks, witnessing exponential surges. It currently trades at over $62,000, while the rally in February represented the longest...

Bitcoin surged above $61,000 on Wednesday, marking its highest level since November 2021. The rally seems fueled by significant inflows into US-based spot Bitcoin ETFs. With bullish momentum building, all eyes are on the leading crypto asset’s trajectory, and data suggest that it might be able to break its previously established all-time high of $69,045. MVRV Ratio Signals Buying Opportunity The MVRV Ratio, derived from dividing an asset’s market capitalization by its...