Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Halving
The $86,500 Bitcoin Question: Will The Halving Spark A Price Surge This April?
The cryptocurrency market has undergone a substantial downturn, with many of the top 100 cryptocurrencies experiencing sharp price drops. Bitcoin, the leading digital asset, hit a low of $61,600 on Tuesday. However, industry experts suggest a potential rebound to higher highs may be on the horizon as the highly anticipated Halving event draws near. Adrian Zduńczyk, a crypto trader and technical analyst, provides valuable insights into the market dynamics, highlighting key factors such as bull market indicators, ETFs, and the…
1 year ago
Three Cryptos to Lead the Wave After BTC Halving
Bitcoin's halving is a significant event that often heralds a market shift, capturing the attention of crypto enthusiasts eager to discover which coins might emerge as leaders. With the bull run of 2024 upon us, the focus intensifies as investors look to identify the cryptocurrencies that possess the potential to outperform the rest. This article delves into three such contenders with strong fundamentals and growing popularity, poised to possibly take the lead in the next phase of the crypto journey.…
1 year ago
DeeStream’s Streaming Solution Attracts Massive Interest from Injective & First Digital USD Holders Pre-Bitcoin Halving
DeeStream's presale is riding a wave of crypto investor interest, particularly from Injective Protocol and First Digital USD communities. This surge in excitement coincides with the upcoming Bitcoin halving, suggesting some investors are looking beyond Bitcoin for disruptive opportunities. DeeStream aims to revolutionize streaming with blockchain technology, creating a fairer and more efficient system for content creators and viewers. With the crypto world buzzing about the Bitcoin halving, DeeStream's presale has the potential to be a game-changer, offering a compelling…
1 year ago
How Bitcoin Miners Prepare for Revenue Cuts in Upcoming Halving
Despite a challenging year for Bitcoin (BTC) miners, the CEOs of leading mining companies remain optimistic as the next Bitcoin halving approaches. In a recent research report, analysts from Bernstein shed light on the strategic maneuvers that keep these executives hopeful. Bitcoin Mining Stocks Struggle in 2024 This year, Bitcoin miners like Riot Platforms (RIOT), Marathon Digital Holdings (MARA), and Hut 8 Corp (HUT) have seen significant declines in their stock values. Year-to-date, the prices of these stocks have fallen…
1 year ago
Bitcoin About to Celebrate Its 4th Halving this Week: This Time Be Ready to Withness a Diverse Trend!
The post Bitcoin About to Celebrate Its 4th Halving this Week: This Time Be Ready to Withness a Diverse Trend! appeared first on Coinpedia Fintech News After 2020, Bitcoin is all set to face the 4th halving, wherein the rewards will be halved from 12.5 BTC to 6.25 BTC. While the broader market sentiments are bullish, considering the impact in previous times, they also need to be aware of a notable change in the market dynamics during the current halving.…
1 year ago
Bitcoin Halving 2024: How Will It Impact Your Bitcoin ETFs?
The post Bitcoin Halving 2024: How Will It Impact Your Bitcoin ETFs? appeared first on Coinpedia Fintech News As Bitcoin gears up for its fourth halving in mid-April 2024, the anticipation is electrifying. This event isn’t just another blip for crypto miners; it’s a seismic shift resonating throughout the ecosystem. The buzz isn’t merely about miners; it’s about how this event impacts every corner of the crypto world, including the growing Bitcoin ETF sector. Let’s dive into the details of…
1 year ago
Why Did the Bitcoin Price Drop Today? Bulls Gear Up for Recovery Before BTC Halving
The post Why Did the Bitcoin Price Drop Today? Bulls Gear Up for Recovery Before BTC Halving appeared first on Coinpedia Fintech News In the crypto markets, every twist and turn in Bitcoin’s path is a headline. This past weekend, well-known Bitcoin investor Samson Mow shared his thoughts on Bitcoin’s recent dip and what it means, just three days before the much-awaited Bitcoin Halving event. Market Jitters Bitcoin, the king of cryptocurrencies, took a sharp 13% tumble from its All-Time…
1 year ago
Halving Hype: Runes Protocol Poised to Reshape Bitcoin’s Token Economy
The Runes Protocol is gaining attention as it is set to a new fungible token standard for Bitcoin. A recent report by crypto analysis firm Delphi Digital highlights the disruptive potential of Runes in the tokenization landscape, challenging the dominance of BRC-20s. Runes Protocol: A New Fungible Token Standard Runes Protocol, developed by Casey Rodarmor, the mind behind the Ordinal Theory, stands out as it offers a framework for creating altcoins on the Bitcoin Network rather than being a token…
1 year ago
Bitcoin to Face Enhanced Selling Pressure Ahead of Halving, Crypto Exec Says
The upcoming Bitcoin halving event is expected to follow the pattern of “buy-the-rumor, sell-the-news,” according to the Crypto.com CEO. The exec believes that in the long term, however, the halving, which is currently slated for April 20, will positively impact Bitcoin’s price. Bitcoin Halving’s Long-Term Impact Will Be Positive In a recent Bloomberg interview, Kris Marszalek, CEO of Crypto.com, shared his thoughts on the Bitcoin halving, saying that while there will be selling pressure initially, the long-term impact will be…
1 year ago