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Matrixport Report: Bitcoin’s Target of $63,000 by March 2024 is Achievable
23.2.2024
Matrixport identified four key catalysts that could propel Bitcoin's Price to $63,000 in March, including the recent approval of spot Bitcoin ETFs, the upcoming halving event, and interest rate cuts.
The post Matrixport Report: Bitcoin’s Target of $63,000 by March 2024 is Achievable appeared...
Bitcoin Price Holds Above $52,000 As Pre-Halving Rally Intensifies
16.2.2024
Bitcoin’s recent price surge past $52,000 has sparked speculation about a pre-halving rally, a historical trend associated with the upcoming reduction in mining rewards. Analyst Jag Kooner, Head of Derivatives at Bitfinex, believes the current market movement aligns with such a rally...
Bitcoin Surpasses $52,000, Crosses $1 Trillion Market Cap—What’s Driving The Surge?
14.2.2024
On Wednesday, Bitcoin soared past the $52,000 mark, propelling its market cap beyond the $1 trillion milestone. This leap occurred in the wake of spot Bitcoin ETF approvals and in anticipation of the expected halving event in April. The recent climb marks a major milestone, as Bitcoin’s...
Bitcoin surges towards $50k, Halving event fuels optimism
13.2.2024
Bitcoin has uptick to $50k as the article is being drafted. More surges could be on the way; however, traders may want to be cautious about where the prices move on the graph. Bitcoin is looking to hold the price steady prior to the Halving event. There is low selling pressure now, and the task...
Bitcoin Miner Shares Offer Good Entry Point Ahead of Halving Event: Bernstein
9.2.2024
The cryptocurrency has performed well before the halving and is likely to sustain momentum for the rest of the year, leading to new highs in 2024, the report said
Bitcoin Price Climbs Above $46,000 with Support from Latest ETF Inflows
9.2.2024
Bitcoin (BTC) rose above $46,000 on Friday, hitting its highest level in a month. The cryptocurrency’s recent surge is driven by steady inflows into various spot-based US funds and anticipation surrounding April’s halving event. It last traded around $46,246, and is up 7.3% in the last week....
Countdown to Bitcoin’s Fourth Halving: A Shift in the Crypto Economy Looms
3.2.2024
At the time of writing, we are now less than 80 days away from Bitcoin’s fourth halving event, where the block reward will decrease from 6.25 bitcoins per block to 3.125 bitcoins per block post-halving. As is customary, market expectations have swelled, fueling speculation about whether...
Bullish on Bitcoin: Global Survey Respondents Anticipate BTC Price Spike to $60K and Beyond in 2024
1.2.2024
A recent international survey by Bitget has illuminated the crypto market’s hopeful perspective, drawing insights from close to 10,000 individuals across areas such as West Europe, East Europe, Southeast Asia, East Asia, MENA, and Latin America. More than half of the participants globally...
Bitcoin’s Fourth Halving May Unleash the ‘Mother of All Reorgs,’ Ordiscan Founder Predicts
27.1.2024
The crypto community is abuzz with anticipation for the upcoming Bitcoin network halving event, projected to occur on or around April 20, 2024. This event is sparking widespread speculation about its distinct importance. As the fourth Bitcoin halving nears, a theory of a potential major blockchain...
Many Bitcoin Miners Struggle to Make Profits: Cantor Fitzgerald
26.1.2024
Bitcoin mining is getting less profitable as many publicly traded miners might face potential profitability challenges following the next Bitcoin halving event. According to a recent report by Cantor Fitzgerald, 11 major mining companies, including Marathon Digital (MARA), Riot Platforms (RIOT)...
3 Cryptocurrencies Set to Soar Post-2024 Bitcoin Halving
23.1.2024
Ethereum, Litecoin, and Bitcoin Minetrix stand out as cryptocurrencies likely to surge after Bitcoin’s 2024 halving event. Image by Muhammad Irfan, Adobe Stock. March 2024 will mark a monumental event for Bitcoin—the fourth halving in its history. This preprogrammed supply shock has proven...
Bitcoin Hash Rate Plunges Ahead of Anticipated Halving Event – Here’s the Latest
18.1.2024
The Bitcoin (BTC) hash rate experienced a significant drop of 34% as a result of a sudden freeze in Texas, causing some miners to scale back their operations due to the strain on the state’s energy grid. The development comes at a crucial time, with the anticipated halving event, where...
Leading Crypto Miners Riot, TeraWulf, CleanSpark Brace for 2024 Bitcoin Halving
16.1.2024
Leading cryptocurrency miners are bracing themselves for the challenges ahead as the mining industry prepares for a major transformation with the 2024 Bitcoin (BTC) halving event. Asset manager CoinShares analysis suggests that Riot (NASDAQ: RIOT), TeraWulf (NASDAQ: WULF), and CleanSpark...
Bitcoin Price Prediction: Surge to $42,800 Spurs Interest in US Crypto Products and Halving Predictions
16.1.2024
In the ever-evolving landscape of cryptocurrency, Bitcoin price has seen a notable uptick, trading at $42,806 with a 0.55% increase on Tuesday. This surge has been accompanied by growing interest in US-based crypto products, particularly following the approval of spot ETFs. Enthusiasm is mounting...
Bitcoin Price Could Surge to $170,000 on Spot ETFs and Halving Event, Says SkyBridge’s Anthony Scaramucci
16.1.2024
Anthony Scaramucci, the founder and managing partner of hedge fund SkyBridge, has shared an optimistic outlook for Bitcoin’s future, suggesting that its price could potentially reach $170,000 in the coming year. Scaramucci’s prediction is based on two key factors, including the growing...
5 Top Cryptos To Diversify Your Value Investment Portfolios in 2024
15.1.2024
Top cryptos Celestia, Sei, Aptos, Arbitrum, and Sponge are potential portfolio diversifiers ahead of the 2024 Bitcoin halving. Image by Thanasak Wongsuk, Vecteezy. With last week’s Bitcoin ETF launches and the 2024 Bitcoin halving event right around the corner, the crypto market is looking...
Less Than 15,000 Blocks to Halving: ETF Hopes and Ordinal Inscriptions Serve as Life Preserver for Bitcoin Miners
9.1.2024
As of Jan. 9, 2024, fewer than 15,000 blocks remain before the fourth Bitcoin halving event. This milestone will halve the block reward from 6.25 to 3.125 bitcoins per block. Expected to occur in April 2024, this event will render bitcoin increasingly scarce. However, it may exert considerable...
Crypto Staking is One of the Best Ways to Grow Wealth This Year – But Where to Invest Securely?
9.1.2024
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. The crypto market is entering a new period of growth in 2024 according to market analysts. With a series of Bitcoin spot ETF approvals and the next Bitcoin halving event on the horizon, it wouldn’t...
5 Small Cap Crypto Coins to Accumulate Before the Bitcoin Halving in 2024
5.1.2024
What is the best crypto 2024? As crypto markets scour for the most promising coins for the year ahead, investors are increasingly looking to small cap crypto coins for the biggest growth opportunities before the Bitcoin Halving event – here’s a run down of the top 5. Small cap crypto...
Cipher Mining Boosts Capacity with 16,700 New Bitcoin Miners
4.1.2024
Source: Adobe / Photocreo Bednarek Prominent Bitcoin (BTC) mining firm Cipher Mining has acquired 16,700 new mining rigs, aiming to position itself as one of the leading players in the industry following the anticipated Bitcoin halving event in April. The company plans to install these...