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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...
Bitcoin Dominance Increases as Halving Nears and BTC Price Lingers Near $61K
18.4.2024
BTC dominance is creeping upwards as Layer-1s and Artificial Intelligence tokens had a rough week, while Google search interest in the halving skyrockets
Crypto.com CEO: Bitcoin Price Dip Likely After Halving but ‘Great Performance’ Within 6 Months
18.4.2024
The chief executive of Crypto.com has warned of some selling coming up as we approach the Bitcoin halving, citing the “buy the rumor, sell the news” strategy. Noting that what’s happening in the bitcoin market currently resembles previous cycles, he stressed: “I...
Bitcoin’s Bullish Trajectory Should Resume After the Halving, Analysts Say
18.4.2024
Global asset management firm Alliance Bernstein has explained that bitcoin’s bullish trajectory should resume after the upcoming halving event. The firm’s analysts described: “We believe it is always new demand catalysts that lead to bitcoin price appreciation in every...
Google Searches for Bitcoin Halving Skyrockets as Major Event Approaches
18.4.2024
The excitement surrounding the upcoming Bitcoin halving has led to a significant increase in Google searches for “Bitcoin halving,” with interest reaching its highest point ever, more than double that of the last halving event in 2020, and is predicted to hit peak popularity....
The Lightning Network Is Beneficial For Small-Scale Bitcoin Miners Pre-Halving
18.4.2024
As the Bitcoin halving event draws near, small-scale miners face challenges like increased transaction fees and payout difficulties. The Lightning Network provides a solution, offering instant, low-cost payouts and enhanced privacy. Here's how mining pools like NiceHash and Braiins leverage...
Bitcoin Price Prediction: Anticipating $150K Post-Halving Amid Market Corrections
17.4.2024
Amidst a volatile market, Bitcoin's price hovers at $61,577, with Bernstein projecting a surge to $150K post-halving, reflecting robust future growth.
The post Bitcoin Price Prediction: Anticipating $150K Post-Halving Amid Market Corrections appeared first on Cryptonews
The Protocol: Bitcoin Halving Spectacular, With Runes, 'Epic Sat,' Stacks Nakamoto
17.4.2024
Unlike the last Bitcoin halving, a ho-hum affair where Covid-locked-down gawkers had little choice but to tune into livestreamed watch parties, the upcoming Bitcoin halving comes with project launches, competitions and IRL celebrations in Denver and Costa Rica