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Bitcoin Halving

All articles tagged with #bitcoin halving

finance1 year ago

Stock Market Mixed as Bitcoin's Fourth Halving Approaches

The Dow Jones Industrial Average showed positive action while the S&P 500 fell below a key level, with the Nasdaq suffering the deepest losses. Bitcoin held near $64,000 ahead of its halving event. American Express rebounded, while Netflix triggered a sell signal and Intuitive Surgical soared. Tesla's earnings are due, and Nvidia, Amazon, and Meta Platforms broke key support levels. Super Micro Computer plunged, and fewer stocks are making new highs, signaling a market under pressure.

via Investor's Business Daily|
#bitcoin-halving#dow-jones#finance
cryptocurrency1 year ago

"Bitcoin Halving Sparks Surging Interest, Potential Impact on Investors"

Google searches for "Bitcoin halving" have reached an all-time high, surpassing the previous record set during the last halving in May 2020. The surge in interest comes as the fourth Bitcoin halving, which will cut the block reward to miners in half, approaches. This event is notable due to the resurging interest in Bitcoin, the onshoring of the U.S. mining industry, and the recent launch of spot bitcoin ETFs. The increased search interest reflects a growing awareness and education about Bitcoin, with the term even surpassing the popular "420" meme in search frequency.

via CoinDesk|
#bitcoin#bitcoin-halving#cryptocurrency
cryptocurrency1 year ago

Bitcoin Liquidations Soar to $255 Million as Price Rebounds to $63K Before Halving

Bitcoin experienced a sudden drop to $61,000, causing over $255 million in liquidations, but has since recovered to nearly $63,000. The broader crypto market has followed a similar trajectory, with the global market capitalization at $2.4 trillion. Crypto derivatives traders have faced significant losses, with over $700 million in long contracts liquidated over the weekend. Despite the upcoming Bitcoin halving, some experts believe that global liquidity improvements may have a more significant impact on the markets. However, uncertainty remains regarding the timing of liquidity improvements, with concerns raised about the potential impact of the halving on crypto asset prices.

via Decrypt|
#bitcoin#bitcoin-halving#crypto-derivatives
cryptocurrency1 year ago

"Anticipation Builds for Bitcoin's Halving Event and Potential Market Impact"

The upcoming Bitcoin halving, set to occur when block number 840,000 is mined, has sparked a range of opinions within the crypto community. Some believe the halving's impact is already priced into the market due to Bitcoin's fixed supply, while others anticipate significant price increases driven by increased institutional demand and reduced supply. Additionally, experts discuss the potential effects on mining, adoption, and institutional interest, with some emphasizing the event's role in reinforcing Bitcoin's scarcity and attracting new investors.

via CoinDesk|
#bitcoin#bitcoin-halving#blockchain
cryptocurrency1 year ago

"Staying Bullish on Bitcoin: Why the Rally Isn't Over Yet"

Despite a recent correction in the crypto market, analysts remain bullish on digital assets, citing factors such as the upcoming Bitcoin halving, the potential impact of spot BTC ETFs, and the cleansing effect of a massive leverage wipeout. While stock market weakness may briefly weigh on crypto assets, historical patterns and consistent demand for BTC and ETH calls for longer-term expiries suggest that market participants still expect higher prices in the future.

via CoinDesk|
#bitcoin#bitcoin-halving#bullish
cryptocurrency1 year ago

"Bitcoin Halving Sparks King Crypto Sales Surge, Predicts Crypto.Com CEO"

Crypto.com CEO Kris Marszalek anticipates a surge in Bitcoin sales leading up to the upcoming 'halving' event, which is expected to decrease the new supply of Bitcoin and potentially boost its price. Despite uncertainties and potential selling due to trading strategies, Marszalek remains confident that the 'halving' event will have a substantial positive impact on the market over a longer period. The introduction of Bitcoin ETFs has been projected to potentially drive Bitcoin's price to surpass that of gold, and despite recent price fluctuations, some experts remain optimistic about Bitcoin's future.

via Benzinga|
#bitcoin#bitcoin-halving#cryptocom
cryptocurrency1 year ago

"Bitcoin Halving Sparks Race for Epic Sat Worth Millions, Miners Face $10B Revenue Loss"

As Bitcoin's fourth quadrennial "halving" approaches, cryptocurrency mining companies are racing to capture what could be the most valuable data block of all time, potentially worth millions of dollars. The first satoshi to be mined after the halving could theoretically attain a value of $1 million or more on digital collectibles marketplaces, thanks to the Ordinals protocol. This marks the first-ever race for an "epic" sat since the protocol's introduction, with mining firms ramping up operations to maximize their chances of obtaining this highly valuable satoshi. The concept of assigning value to individual satoshis and the potential development of a futures market around rare and epic sats are also being explored.

via CoinDesk|
#bitcoin#bitcoin-halving#crypto-miners
cryptocurrency1 year ago

XRP's Potential Surge and Brutal Price Drop: What's Next for Ripple?

Speculation is growing about the potential impact of the upcoming Bitcoin halving on XRP's price, with experts offering varied predictions. Despite the SEC v. Ripple lawsuit hindering XRP's performance in the last bull market, optimism is rising due to legal clarity received in the lawsuit. Projections for XRP's price after the halving range from hitting its previous all-time high of $3.84 to reaching $5.85 by 2025, with some even suggesting potential prices of $38.5 or $46.5 depending on Bitcoin's post-halving performance. However, readers are advised to conduct thorough research before making any investment decisions.

via The Crypto Basic|
#bitcoin-halving#crypto-market#cryptocurrency
cryptocurrency1 year ago

"Analyzing the Impact of Bitcoin Halving on Crypto Prices and Investor Strategies"

The cryptocurrency market experienced a sudden sell-off, with Bitcoin and Ethereum dropping 4.4% and 7% respectively, while other altcoins like Solana and XRP also saw significant declines. The sell-off led to liquidations totaling approximately $936.12 million, possibly in anticipation of the upcoming Bitcoin halving event. Additionally, meme coin BONK and blockchain platform Render Network (RNDR) also experienced price corrections. As the market approaches the Bitcoin halving, volatility is expected, with some investors selling due to uncertainty while others see it as an opportunity to accumulate assets at a discounted price.

via CoinGape|
#bitcoin#bitcoin-halving#cryptocurrency
cryptocurrency1 year ago

Bitcoin Surges Past $72K, Setting the Stage for Further Gains

Bitcoin regained its position near its all-time high, reaching $72,000 after a turbulent start to the month, with a 4.45% surge in 12 hours as Europe entered the new week. The spike in BTC futures open interest coincided with the liquidation of $58 million in short positions, contributing to market volatility. Ethereum also saw a 6.9% increase in value, while experts attributed Bitcoin's previous 3% drop to Grayscale's fund outflows. Anticipation for the upcoming Bitcoin halving on April 20th is driving market movements, although caution is advised as past performance may not indicate future success.

via Decrypt|
#bitcoin#bitcoin-halving#cryptocurrency
cryptocurrency1 year ago

SHIB Burn Rate Soars 162% Amid Impending Price Surge

The burn rate for SHIB has surged by 162.85% with over 16 million Shiba Inu coins burned in the last 24 hours, while the SHIB price attempted a breakout but ultimately declined. Analysts and SHIB team members anticipate a new all-time high for SHIB after the upcoming Bitcoin halving, with expectations of reaching over $0.001. Additionally, Shibarium has achieved a new milestone with over 413 million transactions and 1.3 million linked wallets.

via U.Today|
#bitcoin-halving#cryptocurrency#shib
cryptocurrency1 year ago

"Predicting the Impact of the Next Bitcoin Halving on SHIB and DOGE Prices"

The upcoming Bitcoin halving is expected to impact the cryptocurrency market, potentially leading to a sustainable increase in Bitcoin's price due to high demand. This could also affect meme coins like SHIB and DOGE, with predictions suggesting a potential spike in their prices during the halving event. While DOGE may see a 5x surge to $1, SHIB predictions indicate a more modest 40% increase in the next few weeks and up to 300% in the following months. However, the crypto market's volatility and the enhanced price fluctuations associated with meme coins should make investors cautious.

via CryptoPotato|
#bitcoin#bitcoin-halving#cryptocurrency
cryptocurrency-market1 year ago

Bitcoin Price Plunges Below $67,000, Triggering $426 Million in Crypto Liquidations

Bitcoin's price fell below $67,000, leading to a 4.6% drop on the day and a 6% drop on the week, causing the wider crypto market to lose 5.2% of its total market cap. Over $426 million was liquidated in the past 24 hours, with Ethereum and other top cryptocurrencies also experiencing significant losses. The price dip coincides with the U.S. dollar index reaching a yearly high and heightened volatility ahead of April's Bitcoin halving, with some analysts suggesting a "crisis of faith" among traders. Despite this, a new report from Coinbase predicts a positive Q2 for the crypto market due to increased institutional interest following the approval of Bitcoin ETFs.

via Decrypt|
#bitcoin#bitcoin-halving#cryptocurrency