CoinspeakerBitcoin Halving 2024 Expected to Pump BTC Price to New Heights Observers await the fourth BTC halving, anticipating it as the catalyst for the next bullish event to boost Bitcoin price. Bitcoin Halving 2024 Expected to Pump BTC Price to New Heights
Read More »If History Repeats, Here’s How High Bitcoin (BTC) Price Can Go Post Halving (Analysis)
With the fourth halving event scheduled for April this year, speculation about Bitcoin’s future trajectory is rampant. One notable voice in this conversation is Charles Edwards, the founder of hedge fund Capriole Investments, who has made a striking prediction – if Bitcoin’s post-halving returns mimic those of 2020, the market could be witnessing a staggering $280,000 valuation within the next year. 2020: “Worst Bitcoin Bull Market” Matching the exceptional performance seen...
Read More »Next Bull Market Predictions: Bitget Study Forecasts Bitcoin Prices Exceeding $150,000
A recently released study by Bitget focusing on the upcoming Bitcoin halving event indicated a positive outlook as market conditions continue to recover. With the Bitcoin halving scheduled for April 2024, investors across the world are carefully analyzing its potential impact on their investment decisions. The research involved a diverse array of contributors hailing from West Europe, East Europe, South East Asia, East Asia, MENA, and Latin America, comprising a total of...
Read More »Bitcoin (BTC) Miner Capitulation Minimal: Hash Ribbon Analysis Offers Hope Amid Dip
Before the green light for spot Bitcoin exchange-traded funds (ETFs), the crypto sphere anticipated a bullish surge. Even with the leading asset surpassing the $49,000 mark after the US Securities and Exchange Commission’s (SEC) green signal for 11 spot BTC ETFs, prices took a downturn following the trading debut of eight of them. Hovering below $43,000, Bitcoin appears to have been trapped within a tight trading range for more than two weeks now. As such, miners resorted to...
Read More »Bitcoin Reserves Held by Miners Witness Notable Decline Ahead of Halving: CryptoQuant
A significant shift is occurring in the Bitcoin mining landscape as the fourth halving event approaches, which is set to reduce the supply subsidy of BTC from 6.25 BTC for every block to 3.125 BTC per one. With approximately just 82 days left, Bitcoin miners appear to be selling their reserves, according to the latest analysis by CryptoQuant. Miners Brace for Reduced Rewards in Halving A notable reduction was observed in the Bitcoin reserves held by miners, coupled with a...
Read More »Top Bitcoin (BTC) Price Predictions as of Late
TL;DR Robert Kiyosaki, Fundstrat’s Tom Lee, and “PlanB” laid out optimistic predictions for Bitcoin’s future price. Contrasting views come from analysts like Philakone and Crypto Rover, who foresee a possible short-term correction, and Peter Schiff, who anticipates regulatory challenges impacting BTC’s value. Kiyosaki’s Forecast There was a significant uptick in Bitcoin’s price in the first several days of 2024, with a peak of approximately $49,000 reached a day after the US...
Read More »Bitcoin and Ethereum Echo Previous Bull Market Patterns with 500%-1,000% Surges
Bitcoin (BTC) and Ethereum (ETH) are currently following a pattern similar to previous years, during which their prices surged by 500% and 1,000%, respectively, according to the latest research report by Coinbase Research and Glassnode. The observation draws parallels between the ongoing crypto market cycle and the period from 2018 to 2022, characterized by substantial price increases in both cryptocurrencies. Bitcoin Halving’s Potential Impact on Crypto Markets Analysts...
Read More »Bitcoin ETF Approval Can Push BTC Price to Over $100K in 2024
Post the Bitcoin ETF approval, the Bitcoin halving in April 2024 will prove to be a major catalyst in driving the BTC price above $100,000 by the end of the year. In the aftermath of the US Securities and Exchange Commission’s groundbreaking approval of the first-ever US spot Bitcoin exchange-traded fund (ETF), cryptocurrency enthusiasts are optimistic about BTC price potential to surge beyond $100,000 this year. Investors in the crypto space believe that the approval of a Bitcoin ETF is...
Read More »Bitcoin Halving and Approved BTC ETF Will Enhannce Adoption: Tether CEO Paolo Ardoino (Interview)
Will Tether go public any time soon? What are the new CEO’s plans for the company? What is keet io? Why is the Bitcoin Lightning network the best BTC payment solution? These and many more questions were answered by Paolo Ardoino, the new chief exec of the company behind the world’s largest stablecoin, in a recent interview with CryptoPotato. Additionally, he spoke about another project of his – keet io, which serves as a peer-to-peer web conferencing tool. Last but not least,...
Read More »Bitcoin Rollecoasters Above $43K as Spot BTC ETF Decision Looms: This Week’s Market Update
This week has been quite eventful in terms of Bitcoin’s price action. In general, the total market capitalization increased by some $20 billion, which came on the back of a slight uptick in BTC. Most of the altcoins are trading in the red, so let’s have a look at what happened. First things first, Bitcoin is currently sitting at slightly below $44K, registering an increase of 2% for the past seven days. This also makes it the best performer from the top 10… by far. The week...
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