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Up to 30% of Bitcoin Miners Close Shop as Business Turns Unprofitable After Halving
12.5.2020
About a third of Bitcoin (BTC) mining firms may already be switching off their machines as the business becomes unprofitable due to a reduction in mining rewards. The third Bitcoin halving – consummated earlier today – reduced supply of the pioneering cryptocurrency, cutting the bonus...
YouTube Cancels Cointelegraph's BTC Halving Livestream for Being 'Harmful Content'
11.5.2020
What a twist! YouTube pulled the plug on our seven-hour livestream
Bitcoin’s Third Halving Complete: Reward Cut Surprisingly Faster Than Previous Time Estimates
11.5.2020
The Bitcoin blockchain has experienced its third block reward halving on May 11, 2020, at approximately 3:21 p.m EST, even though quite a few countdown clocks estimated that the halving would occur on May 12. Bitcoin miners now get 6.25 BTC per block rather than the 12.5 BTC they acquired before...
Bitcoin Transaction Costs Soar 400% Amid Halving Hyperbole
11.5.2020
The average transaction cost for Bitcoin (BTC) soared 414% in the days before the halving, peaking at $3.19 on May 8, from as low as $0.62 on April 26. This is the highest price bitcoiners have paid for a transaction on the network in ten months, according to data from Bitinfocharts. Fees are paid...
Top Crypto Traders Predict Bitcoin Price Direction After BTC Halving
11.5.2020
Bitcoin’s price saw wild volatility leading up to the halving. Top crypto traders discuss where the price is likely headed to next
Unprofitable Miners Already Leaving Bitcoin Network Ahead of BTC Halving
11.5.2020
The halving is just a few hours away — and many miners are already shutting their soon-to-be unprofitable rigs, says Poolin VP Alejandro De La Torre
Bitcoin Crosses $9K as Paul Tudor Jones Confirms 1% BTC Portfolio
11.5.2020
Bitcoin price action turns volatile once more as daily gains circle 4% despite bad news from traditional markets, which are tipped to open lower
Will 2019 BTC trend repeat itself on Halving Day?
11.5.2020
Bitcoin, at the time of writing this analysis, was trading below $9k around $8.6k and has drawn a bearish candlestick and retested 10-day long support at $8.1k. With less than 10 hours (according to IST time) left for the 3rd Bitcoin Halving, BTC price has not shown any rebound after a massive...
Exchange Crypto with 0% Fees in Lumi Wallet
11.5.2020
Everybody’s sick of commissions. Lumi Wallet is renouncing them, introducing 0% Fees on all in-wallet operations. All you need to get rid of hidden fees is the Lumi Wallet app and the promocode – BTCNEWS. Why is Lumi doing this? Decentralized finance has undeniable advantages over fiat...
Record Bitcoin Futures Gap: 4 Things to Know for BTC Price This Week
11.5.2020
What’s in a $1,200 drop? Bitcoin is serving up considerable volatility, but all factors point to business as usual as the third halving hits
Average BTC Transaction Fees Increased 300% Days Before Halving
11.5.2020
The average transaction fee for Bitcoin peaked at $3.19 on May 8, an increase of over 300% from the average fee of $0.62 on April 26
Bitcoin Price Bounces at Key Trendline Support 1 Day Before BTC Halving
11.5.2020
Bitcoin bulls are attempting to reclaim $9,000 but resistance at $8,800 is holding back the recovery
Bitcoin Tests $10,000, ‘Halving Dump,’ $1M BTC Predicted: Hodler’s Digest, May 4–10
10.5.2020
In this week’s Hodler’s Digest, all of the latest buzz ahead of the Bitcoin halving — including why some think a $1M BTC is more likely than ever
Bitcoin Miners Sell BTC Months After Halving, On-Chain Data Suggests
10.5.2020
The Bitcoin halving is just one day away, and historical data suggests a post halving selloff isn’t guaranteed
Top 5 Cryptocurrencies to Watch This Week: BTC, ETH, XTZ, ADA, NEO
10.5.2020
Strong buying near the $8,100 level suggests that Bitcoin is likely to retest higher levels in the next few days
Quantitative Hardening: Dissecting the Third Bitcoin Halving, 3 Key Data Points to Watch
10.5.2020
In a touch more than 24-hours time, the third bitcoin halving will take place on May 12, 2020, on or around 9:50 p.m. ET. Miners will see their revenues slashed in half from 12.5 coins to 6.25 BTC after the halving and speculators wonder what will happen after the event. Currently, according...
15% Correction Drops Bitcoin Price to $8,100 Days Before BTC Halving
10.5.2020
Bitcoin price drops by 15.30% just 2 days before the block reward halving
Bitcoin Mining Markets Heat Up: Ebang’s $41M Deficit, Bitmain’s Alleged 2020 Revenue
10.5.2020
The Chinese ASIC mining rig manufacturer Bitmain reportedly pulled in $300 million in revenue during Q1 2020. Meanwhile, as Bitmain claims to be regaining market share, the firm Ebang recently applied with the U.S. Securities and Exchange Commission (SEC) for initial public offering (IPO) status....
Bitcoin Halving Means Miners Will No Longer Be Biggest Sellers of BTC
9.5.2020
Bitcoin halving will reduce the BTC inflation rate below 2% and miners will no longer be the biggest sellers
Rain, Government, and BTC Bulls to Help Chinese Miners After Bitcoin Halving
9.5.2020
The third Bitcoin (BTC) halving will change the mining industry. With mining reward effectively being cut by 50%, many miners and mining companies will be forced offline.
Only the most efficient and economically viable will survive. The question is: will the surviving miners be mostly concentrated...