Halving

Bitcoin’s price slumped below $66,000 on a few occasions yesterday but managed to recover the losses and now sits just inches above that level once again. Most altcoins are in the red today, with SOL, DOGE, and DOT losing the most value from the larger caps. BTC Stalls at $66K Ever since the weekend, when BTC failed to overcome the $72,000 mark, the landscape around the primary cryptocurrency has been quite unfavorable. The asset began the current business week with…

Bitcoin prices are volatile, recently dropping from the peak of over $73,000 in March to the current spot levels. Analysts are turning to historical data for insights with mounting selling pressure and some investors being concerned about potential short-term losses. This historical analysis is crucial in determining whether we’ve reached a market top or if this is just a temporary pause before the trend resumes. Will The Depth Of This Correction Depend On This? In a post on X, one…

As the countdown begins for the much-anticipated Bitcoin halving event which is one month away, investors worldwide are on the lookout for promising altcoins that could potentially ride the wave of post-halving mania. While Bitcoin remains the flagship cryptocurrency, the altcoin market is bustling with opportunities for those seeking high-growth potential. In this article, we'll delve into three altcoins poised to shine after the Bitcoin halving in 2024. Retik Finance (RETIK): Bridging the Gap Between Digital and Traditional Finance Emerging…

North American Bitcoin mining company Bitfarms Ltd. has taken a bold step with a $240 million investment into upgrading its mining capabilities. This upgrade is strategically timed to precede the expected Bitcoin halving event, which is anticipated to occur on April 20, 2024. Bitfarms’ Bold Leap in the Anticipation of Bitcoin Halving Bitfarms has confirmed the acquisition of new mining equipment as part of its fleet upgrade and expansion plan. According to Geoff Morphy, President and CEO of Bitfarms, the…

The post Top 3 Altcoins to Stack Before ‘Halving’ For Major Gains appeared first on Coinpedia Fintech News In a recent video, crypto expert Chyrs shared his top three cryptocurrency choices for April 2024. He suggested three cryptocurrencies you should consider buying in April 2024, which he described as a historic month. He expressed optimism for Bitcoin’s future performance, anticipating an upward trend after what he referred to as a “Moon s” event, symbolized by green candles, which many have…

The crypto market is transforming, driven by the upcoming Bitcoin halving, a quadrennial event that cuts the reward for mining Bitcoin in half. This event, expected in April 2024, is more than just a technical adjustment, it’s a market catalyst with a history of triggering substantial price movements and triggering discussions about the long-term viability and strategies of various crypto projects. Historical Impact of Bitcoin Halving Historically, Bitcoin halving events have led to bullish market sentiments and significant price increases.…

Once again, there is hope for Bitcoin (BTC) as Michael Van De Poppe, a cryptocurrency expert, has spotlighted the potential for the crypto asset’s price to reach a new all-time high before the highly anticipated Halving event commences. One Final All-Time High For Bitcoin Before Halving The price of Bitcoin is presently exhibiting new bearish activity, which might trigger negative sentiments in the market over the next few days. Despite the notable decline, Michael Van De Poppe is optimistic that…

The post Bitcoin Price Prepares for a 15% Crash Ahead of Halving: Is This the Beginning of a Bearish April? appeared first on Coinpedia Fintech News The bears have jumped back into action as the price is undergoing a notable pullback, which may test the lower crucial support. The previous month remained extremely bullish with a 20% jump, which assisted the Bitcoin price in marking a new ATH close to $74,000. However, the token underwent a massive pullback of 18%…

Bitcoin Cash price surged past $600 in anticipation of April 4 halving, driven by new investors. BCH price could reach $700 before halving, but post-halving sell-off may lead to rapid retracement. Bitcoin Cash (BCH) has experienced a remarkable surge in price over the past few weeks, reaching a 3-year peak above $600 as anticipation builds around the upcoming halving event scheduled for April 4. This surge, marking an 84% increase in the last ten days alone, has been primarily attributed…