Search
‘Mr. 100’ buys the Bitcoin dip for the first time since halving — Is the BTC bottom in?
2.5.2024
Mr. 100, an entity previously identified as Upbit, has bought over $147 million worth of Bitcoin for the first time since the halving, suggesting an end to the current retracement
Bitcoin Breaks Through 1.6M Confirmed Transactions in a Single Day
30.4.2024
The recent launch of Bitcoin Runes has fueled a surge in Bitcoin payments, with 1.6 million transactions recorded in a single day. Data reveals a direct correlation between Runes and this spike in activity, highlighting its impact on the Bitcoin network.
The post Bitcoin Breaks Through 1.6M...
Bitcoin Miners’ Average Revenue Per Block Dips 25% in 3 Days, Falling to 3.83 BTC
26.4.2024
In the last 24 hours, bitcoin miners have faced significantly reduced earnings, with the current hashprice lingering at a significant low. Just five days ago, miners were harvesting an average of 5.105 BTC per block, between a blend of new BTC and transaction fees, following a peak in...
Post-Halving Fallout: Bitcoin Hashprice Slides 30%, Miners’ Earnings Hit
23.4.2024
Following a peak in onchain fees, bitcoin miners experienced a significant decline in the hashprice, which fell from a daily rate of $114 per petahash on Sunday to a markedly lower $79 per petahash by Tuesday. To date, the network’s hashrate has experienced a modest decline, though nothing...
Bitcoin Miner Rewards Shrink Below Pre-Halving Levels as Network Fees Fall Sharply
21.4.2024
After experiencing a period of high fees, onchain transfer costs on the Bitcoin network have decreased significantly. On Friday, the fees peaked at $240 per transaction, but by now they have fallen to just $11.06 each. Since reaching block height 840,179, miners are now earning less bitcoin...
93 Blocks, $71 Million in Fees: Bitcoin Mining Revenue Booms Post-Halving
20.4.2024
Since the halving, miners have successfully extracted 93 blocks, accumulating a significant 1,087.99 bitcoins valued at approximately $71.04 million solely from transaction fees. As of 2:00 p.m. EDT on Saturday, the current metrics indicate a high-priority transaction cost of 492 satoshis...
Plan B Predicts Repeat Performance Post-Bitcoin Halving Amid Mixed Analyst Forecasts
19.4.2024
At block height 839,856, the Bitcoin blockchain stands a mere 144 blocks short of the forthcoming reward halving at block height 840,000. Historically, bitcoin’s price has seen substantial increases following prior halving events. However, there are speculations that this occurrence might...
Over 27,700 BTC ($1.72 Billion) Moves into Accumulation Addresses Amidst Bitcoin’s Dip Below $63,000
18.4.2024
As Bitcoin experienced a dip below $63,000, a recent report reveals a surge in BTC accumulation, with over 27,700 BTC ($1.72B) moving into accumulation addresses. Technical analyst Ali Martinez highlighted this trend, suggesting a strategic pivot towards long-term holding amidst market volatility...
A Look at How Bitcoin’s Halving Might Trigger ‘Sell the News’ or ‘Sell the Rumor’ Reactions
18.4.2024
With fewer than 300 blocks remaining until Bitcoin’s fourth halving, speculation has been rife, with many expecting a ‘sell the news’ scenario following an 11% drop in bitcoin prices. On the other hand, this downturn might just be the precursor to a shakeout and a subsequent...
Norway’s New Data Center Law Raises Concerns for BTC Miners
16.4.2024
According to a report on April 15, The Norwegian government is proposing a new legislation to control data centres across the country and oversee the operations of Bitcoin miners. According to the law, every data centre must register with the relevant authorities and submit comprehensive...
Anticipation Builds as Bitcoin Stands Less Than 1,400 Blocks From Monumental Halving
10.4.2024
According to the latest data, we are now less than 1,400 blocks away from the anticipated Bitcoin halving event, which will decrease the block reward from 6.25 bitcoin to 3.125 bitcoin. Bitcoin’s value soared to a new all-time high on March 14, reaching $73,794 per bitcoin, but has since...
Coinbase Institutional Analyzes Upcoming Bitcoin Halving, Drawing Parallels to 2018-2022 Cycle
21.3.2024
In its latest “Halving Handbook,” Coinbase Institutional draws striking comparisons between the upcoming Bitcoin halving and the market cycle from 2018-2022, offering insights into the potential impacts on the crypto economy. Coinbase’s Halving Handbook The next Bitcoin...
Bitcoin Miners Near Final Month Before Reward Halving Slashes Revenues
17.3.2024
There are 34 days left until the Bitcoin network’s halving event, expected on or around April 20, 2024, which will reduce miners’ rewards by half. Bitcoin’s price has remained above $60,000 throughout March, reaching close to $74,000 on March 14. Between onchain fees and...
Why Is BTC Pumping? Green Bitcoin Alternative Nears $2 Million In ICO
6.3.2024
Crypto markets are in overdrive as Bitcoin (BTC) hammered a new all-time high yesterday, but with cryptocurrencies skyrocketing across the space, why is Bitcoin pumping ahead of Halving? And could Green Bitcoin offer best late-entrant alternative? The past two years have seen crypto markets weather...
Seasoned Trader Peter Brandt Challenges Bitcoin Halving Hype Calling It a ‘Whole Lot of Excitement Over Nothing’
21.12.2023
Recently, the seasoned financial analyst and trader Peter Brandt has been increasingly expressive about crypto assets, with a particular focus on bitcoin and ethereum. On Dec. 21, 2023, Brandt reaffirmed his stance regarding the anticipated Bitcoin reward halving set for April 2024. He contends...
BTC to Peak at $42K in 2023: Finder’s Bitcoin Price Predictions Report
21.7.2023
Bitcoin is expected to reach its peak at $42,000 in 2023, with an end-of-year price prediction of $38,000, according to Finder’s bitcoin price predictions report. The report, based on a survey of 29 industry specialists, reveals that 43% of panelists believe bitcoin is currently underpriced...
Stock-to-Flow Analyst Plan B Predicts Bitcoin’s Price to Reach $40K-$50K at Halving
18.7.2023
In about nine months, expected near April 24, 2024, Bitcoin is set to experience its fourth block reward halving. Many supporters and market observers anticipate a price increase prior to the event. According to an anonymous market analyst known as Plan B, bitcoin’s price could ascend...
The Crypto Miner Reckoning: No Fate but What We Make
29.4.2023
As Bitcoin ages into its teens, it’s time to move beyond tribalism so we can work collectively with legislators and innovate business models of the future, writes Samir Tabar of Bit Digital
Bitcoin Halving Approaches: Less Than 400 Days Until Block Reward Subsidy Is Cut in Half
29.3.2023
According to current statistics, the Bitcoin network is fewer than 56,000 blocks away and less than 400 days away from the next reward halving. After the next halving, the block reward will be reduced by 50%, and the current block subsidy of 6.25 bitcoins will drop to 3.125 bitcoins per block...
Current Block Times Suggest Bitcoin’s Halving Is Coming Sooner Than Expected
12.9.2022
Bitcoin’s hashrate has been running hot despite the lower prices and the recent difficulty increases. In fact, blocks are being discovered faster than the ten-minute block interval average and because of this factor, the network’s reward halving may come sooner than expected. While...