Bitcoin Halving

Experts predict bullish during the third bitcoin halving as retail investors are expected to increase. Bitcoin prices have been pushing above $9000 in the week before bitcoin halving. Serious economic downturn due to the virus is expected to work positively for Bitcoin during the halving. Crypto experts predict a rise in bitcoin price as the Bitcoin mining reward halving unfolds. Experts predict Bitcoin halving's bullish impact and a rise in many crypto investors in the market. They are basing their…

The countdown to the much anticipated May Bitcoin halving event is finally over, and all key players expect this event to go down in their favor. Bitcoin miners are perhaps the most affected by this third halving. They had to invest more in equipment, will have to work more complex mathematics, and above all, earn 50% of what they received four years ago. The other groups anticipating this event are seasonal investors for the hype and seasoned bitcoin investors, some…

Bitcoin rewards halving is scheduled to happen in the next eight days and there has been debate in the cryptocurrency space regarding its short-term influence. It is undisputable that it will bring about a bullish price action in the long-term because it will cause a 50 percent annual inflation reduction for Bitcoin. However, in the short-term basis, its effects are quite speculative, and it is not easy to consider it historically due to limited data sets. However, according to an…

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $254.6 billion. Bitcoin ends the week trading past $9,000 Ethereum increases by 13% to trade well over $200 XRP price breaks beyond the 0.20 barrier after a 12.5% boost COVID-19 is still out there, but governments are looking into easing restrictions in May Crypto Trends 27th of April - 03rd of May 2020: PERFORMANCE…

Like regional currencies such as the US dollar, Bitcoin is a digital currency with a finite, limited supply like Gold or Silver. Since it is based on new technology and nearly unregulated and borderless, it is highly volatile, featuring wild fluctuations in its purchasing power, which can happen intermittently over a short time. Volatility is the main reason seasoned investors in traditional markets tend to be wary of Bitcoin. However, it is also why other investors embrace it due to…

A cryptocurrency market crashed has ensured thanks to the coronavirus pandemic. However, crypto experts believe the crash has reduced the risk of a halving price dump and has possibly started a Bitcoin bull run. Chainalysis played host to several industry experts for an online panel discussion a few hours ago. The discussion was concerning the coronavirus effect on Bitcoin and its roadmap. Chris Bendikson of CoinShares sees last month's crash as helpful to miners. It gave them early preparation for…

A $7 trillion bailout had to be raised to prevent a stock market crash and therefore economic collapse caused by the coronavirus pandemic. During an April 6th interview, Tim Draper voiced the possibility of innovations like BTC and smart contracts to thrive due to the current economic situation. Fixed Bitcoin Supply Draper has expressed skepticism regarding the infinite money printing bailout plans by governments. He believes that fiat money won't pervade the global economy indefinitely. At some point, people are…

On the 2nd April 2020, the Blockstream Co-Founder and CEO, Adam Back, took to his Twitter account to address the upcoming Bitcoin halving issue. The halving will take place on the 13th of May 2020. Adam pointed out that just as central banks worldwide are doing enormous amounts of qualitative easing (QE), Bitcoin will do what he calls qualitative hardening. He claims that this qualitative hardening will occur next month with Bitcoin’s next block reward halving. The Bank of England…

Considered one of the most critical events in the Bitcoin community, the Bitcoin reward halving is the process by which the incentives available to miners decrease by half of what it currently is. Founder Satoshi Nakamoto implemented the Bitcoin Halving mechanism to incentivize the network and slowly distribute the 21 million currency supply. Historically, the Bitcoin reward halving has been known to be a prelude to a massive bull run. However, on 9 July 2016, the market saw a surprising turn of…