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Tag Archives: BTC Halving

Bitcoin Price Briefly Falls Below $68K Following Hotter than Expected US CPI, Raising Concerns for Local Top

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

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Bitcoin Halving 2024 Around 70 Days from Here but Miners Put Selling Pressure on BTC Price

CoinspeakerBitcoin Halving 2024 Around 70 Days from Here but Miners Put Selling Pressure on BTC Price As block rewards will reduce by 50% after Bitcoin halving in April 2024, BTC miners are selling heavily to finance the purchase of more efficient mining rigs. Bitcoin Halving 2024 Around 70 Days from Here but Miners Put Selling Pressure on BTC Price

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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...

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With Bitcoin Spot ETF Approvals, Halving and Incoming Upgrades, What Should You Expect from BTC in 2024?

The timing aligns perfectly in 2024 for a spot ETF approval to have already attracted significant investment, and then the halving decreases Bitcoin’s supply right when demand shoots higher. After yet another banner year in 2023 with over 150% gains, all eyes are on Bitcoin (BTC) to see if the flagship cryptocurrency can sustain its epic run in 2024. Key factors stacking up in Bitcoin’s favor for the coming year have analysts extremely bullish on its prospects. From the possibility of the...

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Bitcoin to Hit $160K in 2024 after Halving, Spot ETF Approval, Fed Interest Rate Cuts: CryptoQuant

CryptoQuant says factors like the halving, ETF, approval, and rate cuts, could push Bitcoin to $160K next year. Analysts are bullish on the potential of Bitcoin (BTC) for next year, indicating several factors that could pump the price to $160,000. According to a blockchain analytics firm CryptoQuant report, Bitcoin may already be on its way to more than double its current all-time high (ATH). Multi-Factorial Push for Bitcoin, According to CryptoQuant CryptoQuant highlighted several...

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Bitcoin Mining Investment Commitments Hit $1.2B YTD as BTC Halving 2024 Approaches

Several companies are anticipating the changes expected from the Bitcoin halving next year and have pumped in more mining investments. The Bitcoin mining industry has consistently picked up steam over the last few months. According to a report from Bitcoin mining consultancy and PR firm BlocksBridge Consulting, Bitcoin miner investment commitments have crossed $1.2 billion year-to-date. In its Miner Weekly report, BlocksBridge Consulting notes that since the year began, twelve public...

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