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Former FTX Associates Enter Crosshairs, Bitcoin Halving Inches Closer, and More — Week in Review
7.4.2024
After the sentencing of Sam Bankman-Fried to nearly 25 years in prison for his role in FTX’s financial mismanagement, attention shifts to his former associates. The cryptocurrency world eyes the upcoming Bitcoin halving, expected between April 18 to April 22, 2024. Blackrock’s Ishares...
Miners Offload Bitcoin in Anticipation of Reward Halving, Says Cryptoquant
6.4.2024
Data from Cryptoquant indicates that bitcoin miners have been offloading their assets in anticipation of the upcoming Bitcoin network halving, slated to take place in two weeks. Cryptoquant highlighted a peak in daily sales to over-the-counter (OTC) trading desks, a figure unmatched since...
Bitcoin’s Path to Halving — Anticipated Increase in Difficulty Sets Stage
6.4.2024
Based on current metrics, the Bitcoin blockchain is set to undergo another difficulty adjustment before the halving, with an anticipated increase of 1.2% to 2.16% around April 11, 2024. Following this adjustment, there will be 1,344 blocks remaining until the reward is halved. Estimated Increase...
Did Strong Bitcoin ETF Demand Kill Halving's Potential Bullish Rally?
5.4.2024
The much stronger-than-expected inflows into the spot bitcoin exchange-traded funds (ETFs) have already caused concerns about a supply shock in the bitcoin market, potentially taking away some of the impacts of the halving
Shinobi: How Covenants Help Scale Bitcoin
5.4.2024
Bitcoin Magazine’s technical editor says it’s necessary to implement covenants - which allow joint ownership of UTXOs - if Bitcoin is to fulfill its promise of bringing financial self-sovereignty to people globally
Bitcoin’s Next Phase: 5 Key Changes To Expect Post-2024 Halving
5.4.2024
The highly anticipated fourth Bitcoin halving event is fast approaching, expected to occur around April 19, 2024. Experts outlined the potential consequences for the post-halving landscape.
The post Bitcoin’s Next Phase: 5 Key Changes To Expect Post-2024 Halving appeared first on Cryptonews
Bitcoin Price Prediction as BTC Bounces From $65,000 Support – Time to Buy?
5.4.2024
Bitcoin rebounds from $65,000, sparking intrigue about its future. Is this the prime time to invest as it gears up for the impending halving event?
The post Bitcoin Price Prediction as BTC Bounces From $65,000 Support – Time to Buy? appeared first on Cryptonews
Banks Seek to Purchase Bitcoin Directly From BTC Mining Firm Hut 8, Says CEO
4.4.2024
Per the CEO of Hut 8, a bitcoin mining company listed on the Toronto stock exchange, major financial institutions have made inquiries to purchase bitcoin directly from the firm. Additionally, the Hut 8 executive emphasized the forthcoming halving event’s “big impact,” noting...
Bitcoin Cash Demonstrates Resilience With Price Increase Post-Halving
4.4.2024
Bitcoin Cash (BCH) experienced a notable fluctuation in its value surrounding its most recent block reward halving, initially dropping to $565 just before the halving but later recovering to around $676, marking an 11% increase for the day and nearly 20% for the week. The halving event, which...
Bitcoin Cash Spikes 10% After Halving, Bitcoin Hovers Above $66K
4.4.2024
Analysts said BTC traders are probably waiting for macroeconomic signals before making a move, referring to the current market lull
Bitcoin Cash Undergoes Halving Event, Sets Stage for May Upgrade
4.4.2024
The Bitcoin Cash network has witnessed its halving event at block height 840,000, leading to a reduction in the miner reward to 3.125 coins per block from the previous 6.25 coins. Miner Rewards Halved on Bitcoin Cash Network The latest block data reveals that the Bitcoin Cash (BCH) network...
Must Bitcoin ‘Drop Ideals’ of Decentralization to Achieve Mass Adoption?
3.4.2024
Key management is crucial to Bitcoin maintaining decentralization. But, as hacks and exploits have grown in number, the dream of self-custody has become more difficult to maintain
Bitcoin Price Prediction as ‘Halving’ Countdown Begins – Will BTC Blast Up?
3.4.2024
As Bitcoin edges towards the pivotal 'halving' event, current trading at $66,125 foreshadows a potential surge, sparking intense market speculation.
The post Bitcoin Price Prediction as ‘Halving’ Countdown Begins – Will BTC Blast Up? appeared first on Cryptonews
How the Bitcoin Halving Could Affect Network Security
2.4.2024
After the block reward drops to 3.125 bitcoins, miners could power down their less efficient machines
Bitcoin Dips Below $66,000 Ahead of Fourth Halving, Loses Over 5% in 24 Hours
2.4.2024
The price of bitcoin experienced a decline on Monday, near 10:00 p.m. Eastern Time (ET), tumbling to a position slightly over the $66,000 mark. By 6:30 a.m. the following day, it had edged down further to reach its intraday low of $65,480 per unit. In the wake of this downturn, the crypto...
Crypto Market Setup Looks Positive for Second Quarter: Coinbase
2.4.2024
The bitcoin halving, expected in mid-April, remains the main supply-side event, the report said
Bitcoin’s Future as Currency
1.4.2024
Bitcoin has flourished as digital gold. But, in the long-term, its biggest impact will be in denominating business and trade, says Zac Townsend, CEO of Meanwhile
Bitcoin Miners’ Earnings Hit Record $2 Billion in March Ahead of Halving Event
1.4.2024
In March, bitcoin miners amassed an unprecedented level of revenue not seen in the previous 12 months, hitting a high of $2.01 billion from rewards and transfer fees. Of this total, $85.81 million was earned from transaction fees over the past month. Historic Month for Bitcoin Miners —...
Bitcoin Price Prediction as ‘Halving’ Countdown Begins – Will BTC Blast Up?
1.4.2024
As Bitcoin teeters at $69,753, the anticipation of the halving event in April 2024 stirs market speculations, potentially catapulting BTC to new heights.
The post Bitcoin Price Prediction as ‘Halving’ Countdown Begins – Will BTC Blast Up? appeared first on Cryptonews
Altcoins could skyrocket following Bitcoin’s halving, predict analyst
1.4.2024
Pick up some of the altcoins, and nothing is left to wonder—they could eventually navigate to a stronger bull run. ETH has retraced to $3,544.92 amid speculation that its ETF applications will get rejected. However, there is a chance that it will rebound in the years to come. SOL has climbed...