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
5 Hidden Gem Altcoins for Post-Bitcoin Halving Investment Plan
Cryptocurrency investors often seek opportunities beyond the dominant headlines. After a critical event in the Bitcoin timeline, attention shifts to lesser-known cryptos poised for potential growth. These select few, although not as widely discussed, could carry significant upside for an investment strategy tailored to the shifting market. With the approach of the 2024 bull run, this article uncovers five such cryptocurrencies that might be worth considering for a diversified post-halving portfolio. BlastUP Goes Viral, Raising $4.7 Million in a Few…
1 year ago
Investors Should Ground Expectations Post-Bitcoin Halving: Glassnode
Bitcoin’s fourth halving has sparked speculation about significant price surges, but Glassnode, an analytics firm, advises that investors should “ground expectations” based on historical data. The Bitcoin halving happened less than a week ago, leading to a 50% reduction in supply inflation, increasing the issuance scarcity. Glassnode Says Fourth Halving is Different The halving has historically impacted price performance. However, Glassnode highlights diminishing returns and shallower drawdowns seen over time due to the market’s growth and capital flow requirements. Glassnode…
1 year ago
Bitcoin Halving Marks Digital Scarcity Era, Market Anticipates Strong Rally for Hedera Competitor
The crypto world is about to witness a game-changer as Bitcoin completed its halving event. This milestone is set to shake things up, making the king of cryptocurrencies even more scarce than ever before. But while all eyes are on Bitcoin, there’s another player that’s quietly making moves in the background – Borroe Finance ($ROE), the new Hedera competitor that’s got everyone buzzing. The Halving Hype So, what’s the deal with the Bitcoin halving? In simple terms, it’s when the…
1 year ago
Dogwifhat & The Graph Traders Pivot to Kelexo (KLXO) P2P Lending, Eyeing High Returns as BTC Halving Fuels Market Excitement
The post Dogwifhat & The Graph Traders Pivot to Kelexo (KLXO) P2P Lending, Eyeing High Returns as BTC Halving Fuels Market Excitement appeared first on Coinpedia Fintech News Dogwifhat (WIF) and The Graph (GRT) are on traders’ radars as they try to find their way in the furious crypto market. On the other hand, Bitcoin (BTC) reached its significant milestone, overcoming a key resistance level. Dogwifhat (WIF) wild ride shows how volatile meme coins are, but experts say it may…
1 year ago
PawFury: Crypto’s Rising Star Amid Bitcoin Halving Frenzy
The highly anticipated Bitcoin halving event is finally complete. The halving, which only happens every four years, historically triggers market volatility, leading investors to search for an alternative that might flourish in the aftermath. One serious contender appeared in all the halving chaos: PawFury ($PAW), the P2E game undergoing massive presale success. 2024’s Bitcoin halving has been the focus of the crypto market to no end. The event, which takes place every four years, cuts Bitcoin mining rewards in half…
1 year ago
Samson Mow On Bitcoin Halving: Brace For Supply Shock, Omega Candle In Sight
Samson Mow, the chief executive at Jan3, recently spoke to Forbes about the latest Bitcoin halving and its potential to catalyze what he refers to as the “Omega candles” – significant price movements that could elevate Bitcoin to the $1 million mark. According to Mow, halvings ensure a controlled distribution of Bitcoin, maintaining scarcity and value. The Mechanics Of Halving And Its Market Implications Samson Mow detailed in the interview with Forbes the mechanics behind Bitcoin halvings—a critical process built…
1 year ago
Decoding Bitcoin’s Future: Bybit Insights on Halving, ETFs, and Macro Shifts
Dubai, UAE, April 23rd, 2024, Chainwire In a riveting panel discussion hosted by Bybit, one of the world’s top three crypto exchanges by volume, key figures from the crypto industry gathered to discuss crypto and global finance. The panel, which included Bybit’s Hao Yang, OKX’s Lennix Lai, and Willis Croft of Wintermute, explored the impact of Bitcoin halving, the influence of institutional investments, and the significance of macroeconomics. The Impact of Bitcoin Halving Historically, Bitcoin halvings have spurred significant price…
1 year ago
Kelexo (KLXO) Lending Model Draws THORChain (RUNE) & Fantom (FTM) Enthusiasts Anticipating Major Gains with Bitcoin (BTC) Halving Imminent
According to experts, the future is synonymous with DeFi and with the much-anticipated Bitcoin (BTC) halving ever-so-close, investing in decentralized projects now could yield a sizable return on your investment. As a result, seasoned traders have been monitoring Kelexo's (KLXO) gains even during the initial stages of its presale, specifically traders from the communities of THORChain (RUNE) and Fantom (FTM). THORChain (RUNE) Looking More Bearish By The Day THORChain (RUNE) was created by GitLab to make it simple for users…
1 year ago
US Bitcoin Mining Stocks Surge After the Halving
On Monday, crypto-related stocks in the United States saw significant increases, reflecting a broader market rally just days after the Bitcoin halving. Despite the event, which reduced mining rewards to 3.125 BTC per block, some of these stocks recorded double-digit percentage gains. Double-digit Percentage Gains According to data from Google Finance, the country’s five largest publicly traded Bitcoin miners, including Marathon Digital (MARA), CleanSpark (CLSK), Riot Platforms (RIOT), Cipher Mining (CIFR), and Hut 8 (HUT), all witnessed substantial gains over…
1 year ago