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
ChatGPT Analyzes Which Meme Coin Will Perform the Best After the Bitcoin (BTC) Halving
TL;DR The Bitcoin halving has slashed the miners’ block rewards in half, reducing the daily issuance of BTC and likely resulting in a price rally. While it is speculative to predict which meme coin will perform best post-halving, Dogecoin and Shiba Inu have historically done well, with potential boosts from technological advances, celebrity endorsements, and community support. The BTC Halving’s Impact One of the most important events in the cryptocurrency industry – the Bitcoin halving – occurred the other day. It reduced the…
1 year ago
Bitcoin Outlook: Coinbase Forecasts Macro Factors to Influence Crypto Markets After Halving
Coinbase is convinced beyond the impact of halving, macro factors will also shape market sentiment. Ultimately, Bitcoin is tipped to protect against geopolitical risks as a hedge. Coinbase Global Inc., one of the leading cryptocurrency exchanges, is anticipating that with the Bitcoin halving completed, macroeconomic factors will be pivotal in dictating the price trajectory of digital asset markets. This is a clear contradiction from previous post-halving events where a bullish run is certainly guaranteed due to industry-based push factors. Macro…
1 year ago
Battle For The Halving Block: Bitcoin Users Spend Record $2.4 Million On Block 840,000
With Bitcoin finally completing its fourth-year halving cycle, many users are aggressively competing for halving blocks, paying exorbitant amounts of fees to mine a single block. Bitcoin Mining Pool Pays Over $2.4 Million In Block Fees Earlier today, the 840,000th block was added to the Bitcoin blockchain, triggering the onslaught of the highly anticipated halving event. While the price of BTC did not witness a dramatic change following the halving, transaction fees spiked to unprecedented highs. Amidst the massive competition,…
1 year ago
Top 5 Crypto To 100X After Bitcoin Halving
Bitcoin's halving event often heralds a significant market shift, setting the stage for potential exponential growth in certain cryptocurrencies. With the 2024 bull run already underway, investors are eagerly searching for opportunities that could yield substantial returns. This article uncovers five cryptocurrencies that experts believe have the potential for such impressive growth post-halving, evaluating their unique propositions and future prospects in the evolving crypto market. For those looking to capitalize on post-halving momentum, this analysis might reveal the next big…
1 year ago
These 3 Cryptos Prepare to Hit New ATHs After Bitcoin Halving
The post These 3 Cryptos Prepare to Hit New ATHs After Bitcoin Halving appeared first on Coinpedia Fintech News As the Bitcoin halving approaches, a historical price surge often follows, setting the stage for select cryptocurrencies to reach unprecedented heights. This article highlights three cryptocurrencies that are showing strong signs of potential, poised for a significant uptick that could see them surpassing their all-time highs. With the 2024 bull run gaining momentum, understanding which cryptocurrencies might lead the charge becomes…
1 year ago
Fourth Bitcoin Halving Completed – Here Are The Implications
The long-awaited fourth Bitcoin halving finally occurred after BTC posted its 840,000th block. This event is significant as it is expected to have several implications for the Bitcoin ecosystem and the crypto market going forward. What To Expect Following The Bitcoin Halving The Bitcoin halving slashed miners’ rewards from 6.25 BTC to 3.125 BTC for each block mined. This means that Bitcoin miners are set to earn a reduced income of 450 BTC instead of the 900 BTC they earned…
1 year ago
Justin Sun on the Blockchain’s Future: Projecting the Impact of Bitcoin’s Halving, Regulations, and Memecoins
Mike Ermolaev speaks with Justin Sun, the founder of TRON and a member of the HTX Global Advisory Committee, in an exclusive interview for the GoCrypto interview series powered by GoMining. Discussions include the future landscape of blockchain technology, the predicted effects of Bitcoin halving, and TRON's strategic vision for 2024. The brains behind TRON, a project with the ambitious goal of creating the framework for an Internet that is truly decentralized, Sun is well-known for his deep understanding of…
1 year ago
Exclusive: BNB Chain Team on ‘Fueling Web3 Adoption’ Post-Bitcoin Halving
Welcome to the first episode of GoCrypto with Mike Ermolaev, an interview series brought to you by GoMining. This interview with the BNB Chain Core Development Team laid out their visions for both immediate and distant horizons of blockchain – including how much the next Bitcoin halving will impact the crypto market. From tomorrow’s updates to long-term revolutions, the team behind BNB Chain, broke down their playbook – line by line – showcasing exactly how they aim to champion greater…
1 year ago
Will Bitgert Coin’s Price Soar After Bitcoin Halving? Here’s What Experts Say
As Bitcoin’s halving approaches, eyes are on its effect on the smaller cryptos, including Bitgert Coin. It’s an event that calls more activity and market strategy from most investors, so if holding or considering the case of Bitgert investments, this is a critical time. Bitcoin Halving: The Truth Decoded Bitcoin halving is a programmed event in the Bitcoin network, cutting the reward for miners confirming new blocks of transactions by half every four years. The mechanism forms part of the…
1 year ago