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
Getting the Maximum Benefit of The Bitcoin Halving 2024: When to Invest
The post Getting the Maximum Benefit of The Bitcoin Halving 2024: When to Invest appeared first on Coinpedia Fintech News Everyone is buzzing about the upcoming Bitcoin Halving! Undoubtedly, traders and investors in the crypto world are super excited about it. But why all the hype? And is now a good time to jump into Bitcoin? These are the prime ones among the burning questions on everyone’s minds. So, let’s dive into some key questions you need to know about…
1 year ago
Why The Bitcoin Halving Matters, But Not The Way You Think: Expert
David Lawant, Head of Research at FalconX, a digital assets prime brokerage with trading, financing, and custody for leading financial institutions, recently offered an analysis on X (formerly Twitter) regarding the evolving role of Bitcoin halvings in market dynamics. This analysis challenges the traditional view that halvings directly and significantly affect Bitcoin’s price, instead highlighting a broader economic and strategic context that might be influencing investor perceptions and market behavior more profoundly. The Miner’s Diminishing Impact On Bitcoin Price Lawant begins…
1 year ago
Bitcoin Halving Prediction: Analyst Predicts Potential Low Levels for BTC Price
The post Bitcoin Halving Prediction: Analyst Predicts Potential Low Levels for BTC Price appeared first on Coinpedia Fintech News With only 5 days remaining until the much-anticipated Bitcoin halving, cryptocurrency analyst Eric Krown Crypto has shared his price predictions for Bitcoin ahead of the upcoming event. Eric began by looking back at past Bitcoin halvings in 2012, 2016, and 2020, noting a consistent trend: Bitcoin’s price tends to rise after these events, never dropping back to pre-halving levels. Based on…
1 year ago
Top 3 Undervalued Altcoins Ahead Of Bitcoin Halving
The post Top 3 Undervalued Altcoins Ahead Of Bitcoin Halving appeared first on Coinpedia Fintech News This weekend, many altcoin traders and investors sold off their holdings. It was a tough time for altcoins, mostly because of problems in the Middle East. But now, things are getting better in the crypto market. Even though unexpected events could still happen, there’s a chance for prices to go up a lot. Cryptocurrency analyst Altcoin Buzz has identified undervalued projects amid a mixed…
1 year ago
Bitcoin Price Slips as Halving Nears: Analysts See Cyclical Pattern
Bitcoin (BTC) experienced a notable decline today, following a promising rally the day before. As of the time of writing, it’s trading at $63,118, marking a 3.9% decrease within the last 24 hours. This sudden decrease has taken many investors and traders by surprise. The crypto market is closely monitoring the situation’s development. Is Bitcoin’s Recent Dip a Pre-Halving Jitter? The volatility resulted in significant trader liquidations. Over the last day alone, market volatility has led to the liquidation of…
1 year ago
Bitcoin Miners To Lose A Whopping $10 Billion Following The Halving – Here’s Why
The Bitcoin Halving is set to take place this week. Miners’ rewards will be cut in half from 6.25 BTC to 3.125. This event is expected to have far-reaching effects on the miners themselves, as they are bound to lose a significant amount of revenue once the halving occurs. Bitcoin Miners Could Lose Up To $10 Billion In Revenue According to a Bloomberg report, Bitcoin miners could lose up to $10 billion annually following the Bitcoin Halving. This is because…
1 year ago
Top 5 Pioneering Bitcoin Projects Poised for Growth Post-2024 Halving
With the countdown on to the 2024 Bitcoin halving, a pivotal event in the cryptocurrency world, anticipation and speculation about its impact on the market and related projects are exploding. Halvings, which occur approximately every four years, cut the reward for mining new blocks in half, thereby reducing the rate at which new bitcoins are generated. Built right into Bitcoin's core, this mechanism also historically pumps up the market with a dose of optimism. Thus, past halvings have catalyzed significant…
1 year ago
Navigating the Waters of Bitcoin’s Halving 2024: Expert Insights and Strategies
As the cryptocurrency world braces itself for the upcoming Bitcoin halving in 2024, the event is sparking discussions, strategic planning, and next bitcoin halving price predictions among enthusiasts and investors alike. This hallmark event, which reduces the reward for mining Bitcoin transactions by half, has historically been a catalyst for significant shifts in the market. In preparation, we've reached out to experts from leading companies within the crypto space—ChangeNOW, Tangem.com, SwapSpace.co, and Rubic.exchange—for their insights and strategies to help navigate…
1 year ago
Bitcoin Will Become the Best Savings Tool After the Upcoming Halving
Currently, traditional assets are continually debased due to overproduction and inflation. Bitcoin emerges as a beacon of stability with its immutable scarcity and superior monetary properties. As the next Bitcoin halving approaches, experts and market analysts spotlight BTC as the ultimate tool for long-term savings. Bitcoin: the Ultimate Savings Tool According to a new report, Bitcoin’s unique attributes position it ahead of traditional savings instruments. Joe Burnett, researcher at Unchained, explained that the upcoming Bitcoin halving, which will reduce the…
1 year ago