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Bitcoin Miners Smash Previous Revenue Records Post-Halving; Over $54M Collected in 60 Blocks
20.4.2024
Since the halving, 63 blocks have been mined, and bitcoin miners have accumulated substantial fees following a dramatic increase in the fee rate. This surge took the cost per transaction from $18 to over $245, recorded at 9:00 p.m. EDT on Friday evening. Since then fees have dropped and by Saturday...
After Halving Event, Bitcoin Transaction Fees Soar to Over $240
20.4.2024
Upon reaching block height 840,000, when the mining pool Viabtc collected 37.626 bitcoin in fees worth $2.39 million, the expense for onchain transfers climbed, surpassing $240 per transaction. Block 840,003 recorded 16.06 bitcoins in fee payments, and block 840,004 accumulated 24 bitcoins in fees...
Bitcoin Rally Holds Around $63,700 Following 4th Block Reward Halving
20.4.2024
Bitcoin Blockchain Undergoes Fourth Halving in 15-Year History, in Show of Monetary Policy Set by Code
20.4.2024
Soccer has the World Cup. Athletics and many other sports have the Olympics. Crypto has the halving. The milestone in the blockchain's 15-year history technically means a cut in rewards for crypto miners with each block – a feature designed to minimize inflation
Halving Milestone: Block 840,000 Mined, Ushering in a New Chapter as Bitcoin Miners Face Shrinking Rewards
20.4.2024
At 8:12 p.m. ET on Friday., April 19, 2024, the Bitcoin network marked its fourth block reward halving at block height 840,000. Block 840,000 was mined by Viabtc, securing the notable ‘epic satoshi’ for the fortunate mining pool and a 3.125 BTC reward. The Halving Is Now Complete...
Is The Bull Market Over Before The Bitcoin Halving? Glassnode Report
20.4.2024
The Bitcoin halving is not that significant for price, though on-chain metrics suggest that Bitcoin hasn't quite reached bear market territory.
The post Is The Bull Market Over Before The Bitcoin Halving? Glassnode Report appeared first on Cryptonews
Veteran Trader Peter Brandt Predicts Major Bitcoin Price Action Coming Soon – Here’s the Latest
19.4.2024
Expert trader Peter Brandt predicted on April 18 that Bitcoin's price will likely rise, pointing to consistent trends in the market's behaviour. According to his analysis, there appears to be a bullish trend for Bitcoin prices as they follow a recurring pattern.
The post Veteran Trader Peter Brandt...
Foundry to Isolate and Monetize Bitcoin Halving’s ‘Epic Satoshi,’ Distributing Earnings Among Pool Members
19.4.2024
Foundry, a digital assets mining and staking company, has announced that it plans to monetize what it has called the “epic satoshi,” the first satoshi of the halving block, via Ordinals. If the company mines it through its mining pool, it plans to distribute the proceeds to its members...
Bitcoin Whales Bought $1.2B BTC Amid the Price Dip, Fueling the Quick Rebound
19.4.2024
Large bitcoin investors substantially increased their holdings as prices dipped below $60,000 in early Friday's panicky action on the crypto markets ahead of the asset's much-anticipated halving event
Bitcoin’s Fourth Halving Imminent: Less Than 100 Blocks Away – Here’s What Happens Next
19.4.2024
Bitcoin's fourth halving event is on the horizon, expected to occur just after midnight UTC on April 20. This event will reduce the block subsidy reward for miners from 6.25 BTC to 3.125 BTC per block, potentially influencing Bitcoin's price and mining operations. Dive into the history of Bitcoin...
Bitcoin Miners Ramp Up Hashrate as Halving Nears, Network Hits 653 EH/s Record
19.4.2024
Just before the upcoming block reward halving, with only 72 blocks left until reaching block height 840,000, bitcoin miners have significantly boosted their hashrate. As of 8:50 a.m. EDT on April 19, 2024, the hashrate soared to a record 653 exahash per second (EH/s). Bitcoin Hashrate Achieves...
Crypto Markets Will Be Driven by Macro Factors Following the Halving, Coinbase Says
19.4.2024
These influences include rising geopolitical tensions, higher interest rates for longer, reflation and ballooning national debts, the report said
Spot Bitcoin ETFs and Halving Mark Milestones – What Lies Ahead for Crypto?
19.4.2024
The introduction of Spot Bitcoin ETFs and the looming Bitcoin halving have shaken the industry, but enthusiasts eagerly await the next catalysts to drive the ecosystem to new heights.
The post Spot Bitcoin ETFs and Halving Mark Milestones – What Lies Ahead for Crypto? appeared first...
Bitcoin Miners Are Better Positioned for the Halving This Time Round: Benchmark
19.4.2024
Bitcoin's rally in the past six months will help cushion crypto miners from the effects of the 50% cut in their earned rewards, the report said
JPMorgan, Deutsche Bank Analysts Do Not Expect BTC Price to Surge Post Halving: Report
19.4.2024
JP Morgan, Deutsche Bank analysts do not expect to see post-halving price rise as the event “has already been already priced in.
The post JPMorgan, Deutsche Bank Analysts Do Not Expect BTC Price to Surge Post Halving: Report appeared first on Cryptonews
Plan B Predicts Repeat Performance Post-Bitcoin Halving Amid Mixed Analyst Forecasts
19.4.2024
At block height 839,856, the Bitcoin blockchain stands a mere 144 blocks short of the forthcoming reward halving at block height 840,000. Historically, bitcoin’s price has seen substantial increases following prior halving events. However, there are speculations that this occurrence might...
Bitwise: Bitcoin Halving Is a ‘Sell the News’ Event, Market Underestimates Long-Term Impact
19.4.2024
Asset management firm Bitwise has cautioned that data suggests the upcoming Bitcoin halving is a “sell the news” event. However, the firm explained that the market likely “prices in the short-term impact of the halving but underestimates the long-term impact,”...
Over 27,700 BTC ($1.72 Billion) Moves into Accumulation Addresses Amidst Bitcoin’s Dip Below $63,000
18.4.2024
As Bitcoin experienced a dip below $63,000, a recent report reveals a surge in BTC accumulation, with over 27,700 BTC ($1.72B) moving into accumulation addresses. Technical analyst Ali Martinez highlighted this trend, suggesting a strategic pivot towards long-term holding amidst market volatility...
This Bitcoin Halving Is Different. But Is It 'Priced In'?
18.4.2024
Institutions launching Bitcoin ETFs this year have buoyed the bitcoin price to record levels. Does that mean the impact of the halving — the four-year slashing of the bitcoin reward — will be relatively muted this time, as any pontential bump is “priced in”?
Bitcoin Halving Is Not a Bullish Event, Says 10x Research Analyst
18.4.2024
Bearish signals are looming over the crypto market these days and will almost certainly push prices down in the short term, well-known research analyst Markus Thielen said