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Nalezeno "Halving": 1506

Peter Brandt Predicts Bitcoin Bull Market With BTC Potentially Reaching $150,000

5.6.2024
Veteran trader Peter Brandt has emphasized the symmetry in bitcoin bull market cycles, suggesting the next peak may occur in late August or early September 2025, with the price of bitcoin potentially reaching $150,000. However, Brandt remains cautious, assigning a 25% probability that...

VC Billionaire Chamath Palihapitiya Explains the $500,000 Bitcoin Case: Countries Will Become Dual Currency

4.6.2024
Chamath Palihapitiya, the founder and CEO of Social Capital, a venture capital firm, has explained how bitcoin could reach $500,000 or even higher price levels in the coming months. During a podcast, Chamath clarified that considering the price performance in the previous halving cycles, bitcoin...

Bitfarms Sees 42% Revenue Drop in May Post-Bitcoin Halving

4.6.2024
Bitfarms, a Bitcoin mining firm, reported a 42% drop in crypto mining revenue in May, the first full month following the Bitcoin halving in mid-April, which reduced their Bitcoin production from 263 BTC in April to 156 BTC in May. The company attributed part of the decline in production...

Halving full effect: Bitfarms crypto mining revenue falls 42% in May

4.6.2024
The Bitcoin mining firm also blamed “unusually cold temperatures” at its Rio Cuarto facility in Argentina for the fall in Bitcoin production

Bitcoin post-halving run may reach $130K by September 2025

3.6.2024
Trader Peter Brandt says Bitcoin’s bull run is following similar past post-halving cycles, and if it holds it could reach $130,000 by late next year

Halving of BTFS Storage Rewards

29.5.2024
PRESS RELEASE. Singapore, May 29, 2024 – To sustain the growth and success of the BitTorrent ecosystem, BTFS is set to implement a halving on the next round of rewards for storage miners on the BTFS network. From 00:00 (UTC) June 25, 2024, the daily rewards for storage miners on the BTFS...

Riot Platforms proposes $950M buyout for Bitfarms amid CEO dispute

28.5.2024
The hostile offer comes after a private offer to the board was rejected in April

Bitcoin Hashrate Hits Record High, Surpasses Pre-Halving Levels

28.5.2024
Bitcoin’s hashrate has rebounded to the historic highs seen just before the fourth reward halving event. According to the seven-day simple moving average, the network’s hashrate reached a record 657 exahash per second (EH/s) this week. Bitcoin Hashrate Reaches Unprecedented 657 EH/s...

Shifting Sands of Bitcoin Mining: How Hydro-Cooling Tech is Leading the Charge Post-Halving

25.5.2024
Now that the halving has occurred and fees are at a six-month low, the profitability of application-specific integrated circuit (ASIC) mining rigs has shifted significantly. It is now essential to ensure electricity is inexpensive and machines are efficient in terms of joules per terahash....

Bitcoin Runes hype fades, transactions plummet 84%

23.5.2024
Bitcoin Runes protocol caused an initial surge in Bitcoin transactions, exceeding 50% at its peak. Did the hype clog clear out?

Public Bitcoin miners secured $2B in financing ahead of halving

21.5.2024
Miners’ equity funding activity is expected to be lower in the second quarter of 2024, with less than $500 million invested as of mid-May

Crypto Whales Bet Big on Mollars, Toncoin, and Cardano

20.5.2024
The cryptocurrency market is currently experiencing a significant shift when it comes to mainstream adoption. Embarking on the Bitcoin halving, and BTC ETF hype, the space is seeing an increase in its users. The post Crypto Whales Bet Big on Mollars, Toncoin, and Cardano appeared first on Cryptonews

Novogratz Predicts Bitcoin Trading Between $55K-$75K This Quarter

20.5.2024
Bitcoin is expected to trade within a narrow range this quarter, according to Michael Novogratz, founder of Galaxy Digital Holdings Ltd. “Bitcoin, ethereum and everything else, solana will consolidate,” he said last week, adding that it means BTC will probably trade “somewhere...

Bitcoin’s Runes Protocol Hype Falls Short: Significant Drop in Activity and Fees

18.5.2024
It has been 29 days since the halving and the launch of the Runes protocol, and since May 1, Runes activity has been underwhelming, falling short of the expectations set months prior. Similarly, the trend of Ordinals inscriptions has significantly declined over the past month. Runes...

Crypto influencer endorses BlockDAG’s 30,000x ROI potential amid Dogecoin’s growth & Ethereum Classic’s halving

17.5.2024
Famous crypto influencer Michael Wrubel’s recent endorsement for BlockDAG amid its recent spectacular display at Piccadilly Circus in celebration of its CoinMarketCap listing is causing a stir in the crypto community. BlockDAG (BDAG) has positioned itself as a top altcoin to invest in with...

Enegix Global Launches New Bitcoin Mining Brand 21pool After Halving

16.5.2024
PRESS RELEASE. Dubai, UAE – Enegix Global, a leading player in the digital mining infrastructure industry based in the UAE, is excited toannounce the launch of its new brand, 21pool. The brand’s flagship product is a bitcoin mining pool that specializes in aggregating the computational power...

EOS Network Foundation Founder: Bitcoin Halving Spurs Development of Solutions Enhancing Network Efficiency

16.5.2024
With Bitcoin transaction fees recently becoming a more critical component of miner revenue, Yves La Rose, CEO of Exsat, believes there is “an increased incentive to adopt and develop solutions that enhance transaction throughput and network efficiency.” According to La Rose, this...