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Tag Archives: Halving

Plan B Thinks 2021 Will Be Bitcoin’s Biggest Year to Date

Plan B appears to be rather confident in his stock to flow (S2F) model. He’s predicting that bitcoin is going to reach a six-figure price of $100,000 by the time 2021 is over, and he’s ready to stick by this prediction no matter what.Plan B Believes His Own PredictionsThe price of bitcoin is presently $15,600. The currency has been in a steady bull run for the past month and a half, and it looks like nothing has been setting the currency back. Bitcoin is likely to continue adding to its price...

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Bitcoin Sets a New Five-Figure Record for Itself

When it comes to bitcoin, these last few weeks have been classic cases of “the good news and the bad news.”Bitcoin Has Been Shaky, but It’s Also Been Pretty Solid in Several WaysThe bad news is that not too long ago, bitcoin was trading for over $12,000 and unfortunately, this didn’t last. The currency ultimately fell into a black hole of sorts that took it all the way down to the low $10,000 range before it began to show small signs of life here and there that eventually brought it back up...

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Bitcoin Strikes $11,000, Sets New High for 2020

It’s finally happened, folks. After weeks – nay, months – of waiting for bitcoin to get its act together, the world’s leading cryptocurrency by market cap has finally shot beyond the $11,000 mark.Bitcoin Has Reached New Heights for the YearIt hasn’t been easy for the currency to reach such a summit. It has tried time and time again throughout 2020, but for the most part, has seemingly come up short each time. While bitcoin has managed to jump above the $10,000 range a few times throughout the...

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Google BTC-Related Searches Down to Weakest Point Since 2019

Interest in bitcoin is waning, according to the latest Google searches.Is Google Interest in BTC Falling?According to statistics from Google Trends, there haven’t been that many searches on the term “bitcoin” as of late. In fact, these and related searches are at their lowest points since December of last year, which is right before bitcoin began its meteoric rise past the $10,000 mark (it attained this figure in February).The situation presents something of a catch 22 in the sense that while...

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Analysts: Bitcoin Needs to Move Beyond $10K for Something Big to Happen

As of late, bitcoin appears to be doing rather well for itself. The currency recently rose to the $9,600 mark, meaning that it’s surpassed present resistance and gained more than $300 in roughly 48 hours. However, according to some analysts, bitcoin is still in a position of heavy struggle, and not doing as well as it seems.Bitcoin Is Still StrugglingWhile the asset has indeed risen beyond what analysts originally thought it was capable of, many agree that the currency hasn’t “broken out.”...

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Halving Didn’t Stop Bitcoin Mining Rewards From Being Big Last Month

Despite a particularly shaky month, new research suggests that bitcoin miners pulled in a hefty amount of revenue in May – the month of the highly-anticipated third halving.The Halving Didn’t Affect Bitcoin Earnings MuchMay really had everyone up in arms over the halving. The event had people excited just as much as it had them worried. Crypto analysts went back and forth about what would happen following the halving. Crypto would go up very quickly; it would come down with a thundering...

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Bitcoin Hits $10,000 Again

Bitcoin has shot past the $10,000 mark again.Bitcoin Has Hit the Five-Figure MarkThe surge follows news that the United States is suffering from civil unrest. With so many riots in the streets and violence occurring in what appears to be every major city, it’s no wonder that bitcoin has shot up more than $600 in a single night.Just yesterday, the world’s number one digital currency by market cap was trading at around $9,500, though at press time, this figure has jumped past $10,100. It seems...

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Has the Coronavirus Contributed to BTC Awareness?

Is it possible that the coronavirus pandemic has managed to help bitcoin in the long run?The Coronavirus Has Served a Loft Purpose, in a WayWhile the virus ultimately caused bitcoin to lose most of its value in mid-March of this year, those losses have largely been earned back. In addition, the Fed has resorted to the excess printing of money and the release of stimulus funds to assist people as they deal with a flailing economy and an illness that very few people really seem to understand....

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Bitcoin halving: Was genau passiert da?

Mit der Rechenleistung die Miner der Blockchain von Bitcoin bereitstellen, tragen sie massgeblich zur Sicherheit bei. Dafür erhalten sie mit jedem erzeugten Block nicht nur die Transaktionsgebühren, sondern auch die sogenannten Block Rewards. Frei übersetzt: “Block Belohnungen”. Alle ca. zehn Minuten “schürfen” Miner einen neuen Block und erhalten als Belohnung die neu erzeugten Bitcoin und die angefallenen Transaktionsgebühren. Diese integrierte Inflation bei Bitcoin die auf...

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Could the Coronavirus Negatively Affect the Halving?

Bitcoin is about to enter new “halving” territory in the coming days, and many analysts are unsure of what to make of the event considering the COVID-19 pandemic continues to rage on.The Halving Could Be Hit By COVID ConditionsAt first glance, it doesn’t look like a health scare of this magnitude would affect a single asset so heavily, but clearly bitcoin has been hit hard over the last three months. The currency was initially trading for well over $10,000 in mid-February. From there, it fell...

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