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Bitwise: Bitcoin Halving Is a ‘Sell the News’ Event, Market Underestimates Long-Term Impact
19.4.2024
Asset management firm Bitwise has cautioned that data suggests the upcoming Bitcoin halving is a “sell the news” event. However, the firm explained that the market likely “prices in the short-term impact of the halving but underestimates the long-term impact,”...
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...
This Bitcoin Halving Is Different. But Is It 'Priced In'?
18.4.2024
Institutions launching Bitcoin ETFs this year have buoyed the bitcoin price to record levels. Does that mean the impact of the halving — the four-year slashing of the bitcoin reward — will be relatively muted this time, as any pontential bump is “priced in”?
Popular Analyst Plan B Predicts Bitcoin Price to Surpass $300,000 in 2025 – Here’s How
18.4.2024
Bitcoin price predictions are heating up, with analyst Plan B forecasting a potential $300,000 valuation by 2025. Discover the factors influencing this projection, including the upcoming halving event, the Stock-to-Flow model, and growing institutional interest. Explore insights from other experts...
Crypto Experts Are Early Birds on This Bitcoin Project Set for Exchange Listing
18.4.2024
As Bitcoin (BTC) consolidates within its recent $60,000-70,000ish ranges ahead of its fourth quadrennial halving event this weekend, traders are looking for alternative investment opportunities that could deliver strong returns.
The post Crypto Experts Are Early Birds on This Bitcoin Project...
Bitcoin Halving Is Not a Bullish Event, Says 10x Research Analyst
18.4.2024
Bearish signals are looming over the crypto market these days and will almost certainly push prices down in the short term, well-known research analyst Markus Thielen said
PEPE BIRTHDAY Token Explodes 200x Overnight, as Lesser-Known Meme Coin Secures $5.5 Million
18.4.2024
Ahead of the Bitcoin Halving, Solana meme coins continue to thrive. In the most recent surge, the Pepe Birthday token (PEPEBDAY) experienced a dramatic 200x increase in price. However, with the price now receding, attention is turning to whether another coin might be poised for a similar explosion....
Crypto for Advisors: Bitcoin’s Supply Reduction
18.4.2024
What does Bitcoin’s fourth halving mean, and why does it matter?
Bitcoin Halving Partially Priced In With No Big Rally Expected Afterward: Deutsche Bank
18.4.2024
Crypto prices are likely to stay high in anticipation of spot ether ETF approvals, central bank rate cuts, and regulatory changes, the report said
Major CEXs Experience 3X Surge in Monthly Trading Volumes from October 2023: Bybit
18.4.2024
A new Bybit report reveals a 3x surge in CEX trading volumes from Oct. 2023 to Mar. 2024, fueled by Bitcoin ETF approvals and rising investor confidence. However, DEXs like Uniswap v3 experienced even greater growth. The report also details how the upcoming Bitcoin halving could further impact...
Bitcoin may fall below $60K before ‘Hate Halving Rally’: Crypto Analyst
18.4.2024
A cryptocurrency analyst with IncomeSharks predicts that Bitcoin could soon trade for less than $60,000. Such a fundamental change may lead to a contagion effect where investors start to sell their shares leading to a further decline. According to IncomeSharks, this decline would eliminate...
Goldman Sachs Warns Bitcoin Investors – Don’t Read Into Past Halving-Cycles
18.4.2024
In a note to clients, Goldman Sachs, the world's largest investment bank, advised against extrapolating data from previous Bitcoin halving cycles due to macroeconomic changes.
The post Goldman Sachs Warns Bitcoin Investors – Don’t Read Into Past Halving-Cycles appeared first...
Bitcoin halving sparks optimism in the Shiba Inu ecosystem
18.4.2024
Bitcoin Halving is on the horizon, expected to happen on April 20, 2024. For one, given its historical context of causing a surge in the crypto market, the Shiba Inu ecosystem is currently filled with optimism. Members anticipate a supercycle in the coming days. That is a phase that is identified...
Dogecoin20 Hits Uniswap, Rallies Over 100% In First Hour
18.4.2024
A new Ethereum-based Dogecoin alternative, Dogecoin20 (ticker: DOGE20) rallied over 100% less than an hour after landing on leading decentralized exchange (DEX) Uniswap. The frantic buying activity was driven largely by anticipation for Saturday, April 20, 2024, a day earmarked by the crypto...
Transaction Fees Soar on Bitcoin Network as Network Braces for Halving
18.4.2024
According to recent data, bitcoin transaction fees have significantly increased since the first week of April. Metrics show that the average fee has escalated to 133 satoshis per virtual byte or $19.48 per transaction. Bitcoin Fees Climb Steadily as Runes Protocol Launch Nears The cost of sending...
Santiment Suggests Prices May Defy Mass Traders’ Expectations Ahead of Halving
18.4.2024
Blockchain analytics platform Santiment has suggested that the current bearish sentiment surrounding Bitcoin may soon be overturned.
The post Santiment Suggests Prices May Defy Mass Traders’ Expectations Ahead of Halving appeared first on Cryptonews
Bitcoin Price Prediction as BTC Bounces From $60,000 Level – More Selling Incoming?
18.4.2024
As Bitcoin navigates the uncertain waters around $61,650 after a 4% decline, the looming April 20 halving could catalyze further market turbulence.
The post Bitcoin Price Prediction as BTC Bounces From $60,000 Level – More Selling Incoming? appeared first on Cryptonews
Bitcoin Likely to Drop After the Halving, JPMorgan Says
18.4.2024
The bank’s analysis of open interest in bitcoin futures shows that the cryptocurrency is still considered overbought
$10.5 Trillion Asset Manager Blackrock Explains Importance of Bitcoin Halving
18.4.2024
Blackrock, the world’s largest asset manager, has explained the importance of the Bitcoin halving. “One of the reasons some people find bitcoin valuable is its scarcity,” Blackrock explained, adding that the halving also “underscores Bitcoin’s decentralized...
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...