Halving

Following the Bitcoin halving, the crypto market is buzzing with speculation. Investors and enthusiasts alike are eager to discern the potential impact on prices. Will there be a surge, lifting major cryptocurrencies to new heights? Or, could a downturn be on the horizon, pressing popular tokens into a descent? This ChatGPT's analysis offers projections for key cryptocurrencies, aiming to shed light on their post-halving trajectories. With bull run 2024 in full swing, the industry's future price movements are a hot…

The post Bitcoin Halving Just 10 Days Away! Will BTC Price Flash A Different Trend This Time? appeared first on Coinpedia Fintech News Bitcoin is experiencing various influences on its price, but few events gain as much interest as the halvings as it is now only 10 days away. Looking back, halvings have consistently sparked bull markets. Although their impact seems to be declining over time, the next halving is still expected to play a significant role in the Bitcoin…

Analysts from CryptoQuant have revealed that the influence of the 2024 Bitcoin halving on the price of BTC has notably diminished. According to the crypto analytics firm, the highly anticipated halving event is no longer the key driver for a bullish momentum in BTC.  Bitcoin Halving Effects On Prices Is Fading CryptoQuant wrote in a recent research report that the upcoming Bitcoin halving event scheduled this April may not deliver the desired price shock expected by most crypto analysts and…

The boss of America’s largest crypto mining firm, Marathon, said that spot Bitcoin ETF approvals had brought forward what would otherwise have been the post-halving rally. “I think the ETF approval, which has been a huge success, has attracted capital into the market and essentially brought forward what could have been the price appreciation we typically would have seen three to six months post halving,” Fred Thiel said in an interview with Bloomberg on April 9. “So I think we…

As the crypto space eagerly awaits the highly anticipated Bitcoin halving event, top crypto analyst Willy Woo has emerged with a bullish prediction that has stirred considerable excitement among enthusiasts. Woo particularly underscored the potential for Bitcoin’s price to surge dramatically, using the term “ballistic” to describe the expected trajectory post-Halving. Notably, Bitcoin’s Halving is an integral component of its protocol. It occurs approximately every four years and reduces miners’ reward for validating transactions on the blockchain. This event also…

With Bitcoin ripping higher and closing in on breaking all-time highs, one analyst on X thinks $150,000 post-halving is “programmed.” The analyst remains upbeat in a post, highlighting several fundamental developments that could drive the world’s most valuable coin to new valuation and more than 2X from spot rates.  Currently, the path of least resistance remains northward. Buyers have shaken off the bears of the past trading month, finding anchor from the March 20 bull bar. On April 8, the coin soared…

The anticipated Bitcoin halving is just two weeks away. While historically, it has signaled the start of a price acceleration phase, analysts at CryptoQuant argue that its impact is waning. The forthcoming halving will reduce the new issuance by 14,000 BTC on a monthly basis, traditionally decreasing sell pressure from miners. However, the once-significant influence of halvings on Bitcoin prices seems to diminish as the new issuance becomes smaller relative to the total supply available for sale. Bitcoin Halving Influence…

Over half of Deutsche Bank’s customers view Bitcoin as a significant asset, with a shift in perception towards cryptocurrencies. Amidst varying predictions, Bitcoin’s upcoming halving event and institutional interest spark debates on its potential price surge. As a leading entity in the DAX stock market index, Deutsche Bank has spotlighted the transformative potential of digital currencies in shaping future payment systems. Deutsche Bank Research suggests that Bitcoin might become the digital equivalent of gold for the 21st century. A recent…

The Bitcoin halving, a pivotal event looms on the horizon that is poised to redefine market dynamics. Set around April 20, this event will cut the mining reward for a Bitcoin (BTC) block from 6.25 to 3.125 BTC. Analysts like Arthur Hayes, Benjamin Cowen, and Peter Brandt forecast a potential downturn in Bitcoin’s price post-halving. Will Bitcoin Crash After Halving: Analysts Weigh in Arthur Hayes, a seasoned voice in the crypto sphere, presents a complex view of the Bitcoin halving.…