Tag Archives: Bitcoin-Halving

Predictions for the upcoming Bitcoin halving are still pouring it, with most of them bullish on Bitcoin’s chance of a parabolic rise. The upcoming Bitcoin halving expected next year is already creating quite a bit of buzz as the market anticipates a reduction in Bitcoin block rewards. With a little over six months left till the halving, analysts are now offering predictions about Bitcoin’s chances. While the specific count might not be the same across analysts, Rekt Capital posted on X...

According to Zhao, the effects of a halving usually take time to materialize. The cryptocurrency industry is awash with anticipation as the all-important Bitcoin halving event date draws closer. However, there have also been many predictions for what may happen in the aftermath of the event, which is expected to take place in April 2024. One such Bitcoin halving prediction is that of Binance CEO Changpeng Zhao (CZ). Zhao recently shared some insights from the previous three Bitcoin...

Kaiko Research recently put out a new report suggesting the bitcoin halving set to occur in 2024 isn’t going to aid the world’s number one digital currency. Kaiko Research on the Upcoming BTC Halving There have been many BTC halving events over the years. 2016 and 2020 were big ones, and each time, without fail, they have helped bitcoin along its journey in reaching new price highs. During each of those years, bitcoin reached new price pinnacles that had investors...

A new report issued by financial powerhouse JPMorgan says the next bitcoin halving – which is presently scheduled to occur in 2024 – could make the playing field very difficult for crypto miners. JPMorgan on the Next Bitcoin Halving The bitcoin halving tends to occur every four years. Each time it happens, two things take place. One, the leadup causes the bitcoin price to shoot higher like nobody’s business. Traders are super happy as they are now witnessing great...

Bitcoin continues to be shaky at around $26,000 after a violent crash last Thursday. However, the flagship crypto asset is not likely to see prominent gains before the much-anticipated halving that is expected to occur on April 20, 2024. According to Pantera Capital’s recent projection, the next halving would see Bitcoin surging to $35k before it and $148k after the fact, citing historical patterns. Bitcoin Halving Observations by Pantera Pantera Capital asserts that the...

CoinspeakerPantera Capital: Bitcoin Set to Hit $35K Pre-Halving and $148K After Pantera Capital believes that the recent XRP ruling, possibility of a BlackRock ETF and the next Bitcoin halving will spike prices. Pantera Capital: Bitcoin Set to Hit $35K Pre-Halving and $148K After

Bitcoin miners have had a rocky start in 2023 after being battered by a severe market downturn the previous year. But as prices recovered over the last several months, they have been at significant capacity, according to Bernstein. The brokerage firm’s latest report weighs in on how large miners are poised to reap substantial benefits from such a growing trend. Where do Miners Stand Ahead of Bitcoin Halving? The report suggests that the 16 largest publicly listed mining firms...

CoinspeakerJPMorgan Shows Hurdles Ahead for Bitcoin Miners as Halving Is Getting Closer The report highlights that the rapid growth in the Bitcoin hashrate is unlikely to continue at the same pace after the halving event. JPMorgan Shows Hurdles Ahead for Bitcoin Miners as Halving Is Getting Closer

With less than a year remaining until Bitcoin’s fourth ever halving, speculation has already begun on whether this one will be followed by the same or similar bull runs as the previous ones. In-depth data shows that the asset’s price performance has been rather identical before and after the last two such events. The Halving Effect Upon creating the network, the anonymous developer Satoshi Nakamoto incorporated an event called the halving, which occurs every 210,000 blocks...

Riot Platforms’ recent acquisition of Bitcoin miners from MicroBT holds significant importance in the context of the upcoming halving event in 2024. Riot Platforms Inc (NASDAQ: RIOT), a leading player in the Bitcoin (BTC) mining industry has announced a significant development in its quest to expand its mining capabilities. The company stated in a press release that it has entered into a long-term purchase agreement with MicroBT Electronics Technology Co., LTD, a well-known manufacturer of...