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
Will Bitgert Coin’s Price Skyrocket Post Bitcoin Halving? Experts Weigh In
The Bitcoin halving event has gotten every person on the edge who has been following the crypto news. People are wondering what impact it may have over the other currencies. While other tokens and their investors worry, Bitgert’s BRISE coin is still working on growing even faster during this event. In the last 24 hrs alone Bitgert’s BRISE coin has risen by nearly 10% in terms of pricing. Bitgert’s BRISE coin has an independent existence and the halving of Bitcoin…
1 year ago
Will the Impact of Bitcoin Halving Have an Effect on BTC Price? Here’s What You Need to Know
The post Will the Impact of Bitcoin Halving Have an Effect on BTC Price? Here’s What You Need to Know appeared first on Coinpedia Fintech News The crypto space celebrated the successful completion of the 4th Bitcoin halving, just a few moments before. With this, the BTC price regained some strength; it raised above $64,200, but it turned out to be a short-lived rally. The price quickly plunged below the levels but is sustaining itself within the bullish range. Therefore,…
1 year ago
Bitgert Coin: The Next Frontier in Post-Bitcoin Halving Investments
The post Bitgert Coin: The Next Frontier in Post-Bitcoin Halving Investments appeared first on Coinpedia Fintech News If you’re a crypto investor looking to boost your winning potential in the crypto market, Bitgert is the next place to be. The Bitcoin halving is coming and it’s going to be huge this time, with speculators suggesting we might be looking at Bitcoin hitting an all-time high around $150k. But with all the gains that we are expecting from Bitcoin after the…
1 year ago
2024 Bitcoin Halving Completed: What Now?
The cryptocurrency market has recently witnessed the 2024 Bitcoin halving, an event that significantly reduces the reward for mining BTC by half, aimed at limiting its new supply. This pivotal event, the fourth since Bitcoin’s creation, has stimulated extensive discussions about its implications for miners, investors, and the broader market landscape. Bitcoin Miners Upgrade As the block reward halved from 6.25 BTC to 3.12 BTC, miners initially face significant challenges. Omar Lopez, Founder of Cripto It Club, shared with BeInCrypto…
1 year ago
Bitcoin Miners May React Different Post Halving!
The post Bitcoin Miners May React Different Post Halving! appeared first on Coinpedia Fintech News An increase in the selling pressure is a common trend among the Miners during the Bitcoin cycle. However, miners showed a different behavior this time as the selling pressure had not increased during the final hours or even post-halving. If the historic pattern repeats, an accumulation of BTCs among miners could be recorded for the upcoming price rally in the coming months.
1 year ago
Happy 4th Bitcoin Halving!
The post Happy 4th Bitcoin Halving! appeared first on Coinpedia Fintech News The Bitcoin Network has officially completed its 4th Halving at the block number 840,000, reducing the rewards earned by miners from 6.250 to 3.125 BTCs. Following the 3rd Halving, Bitcoin’s price initially saw a decent rise, but it later surged from around $9K to an all-time high of $64,863 in April 2021, a jump of 620% to its value.
1 year ago
Bitcoin (BTC) Price Remains Stable at $64K on Halving Day (Weekend Watch)
Bitcoin’s price faced extreme volatility in the days leading to the highly-anticipated fourth halving but has remained relatively still after its completion. Most altcoins are slightly in the green on a daily scale, aside from TON, which has dumped by double-digits despite the big news coming from Tether. BTC’s Calmness After Halving The adverse price developments for Bitcoin started last Friday when the asset slumped from over $71,000 to $65,000. It recovered a couple of grand on the next day…
1 year ago
It’s Official: Bitcoin’s Fourth Halving Is Now Completed (Details)
Bitcoin’s fourth halving, a highly anticipated event occurring every four years in the cryptocurrency realm, has finally occurred. This event, reducing the Bitcoin block reward from 6.25 BTC to 3.125 BTC, marks a crucial moment in the industry. As a result, the daily issuance of Bitcoin has been slashed in half, now standing at around 450 Bitcoin compared to the previous approximately 900. This reduction will continue until around 2140, when the final BTC is mined. Why Does Bitcoin Halving…
1 year ago
Ahead of Bitcoin’s Halving: The Promising Outlook for Dogecoin (DOGE), Shiba Inu (SHIB), and Furrever Token (FURR)
The post Ahead of Bitcoin’s Halving: The Promising Outlook for Dogecoin (DOGE), Shiba Inu (SHIB), and Furrever Token (FURR) appeared first on Coinpedia Fintech News As Dogecoin (DOGE) and Shiba Inu (SHIB) face significant losses amid the current market downturn, investors are seeking refuge in Furrever Token (FURR), attracted by its promising 15X ROI opportunity. The recent downturn has hit DOGE and SHIB hard, prompting a shift in investor sentiment towards FURR, which offers not only potential returns but also…
1 year ago