bitcoin halving 2024 Archives

Bitcoin Consolidates between $60K and $70K, Analysts Wary of Potential Drop

Analysts suggest Bitcoin’s current consolidation phase could be beneficial for the bull run.

Runes Accounted for Over 57% of Bitcoin Transactions on Halving Day, Here’s Why

Cryptocurrency News, News

By Mayowa Adebajo Apr 24, 2024

Bitcoin miners saw a significant increase in earnings due to the Runes protocol. On the halving day, miner revenue soared to a record $107 million despite the 50% reduction in block rewards.

Bitcoin Price Rallies Above $66K Following BTC Halving 2024

Bitcoin News, Cryptocurrency News, News, Story of the Day

By Steve Muchoki Apr 22, 2024

The Bitcoin race to $100K and beyond was triggered by the BTC halving event 2024 over the weekend amid heightened demand from institutional investors.

Bitcoin News, Cryptocurrency News, News

Bitcoin Halving 2024: Implications for Miners and Market Dynamics

By Godfrey Benjamin Apr 20, 2024

The price trajectory of Bitcoin has remained little unchained despite speculations and projections by different analysts before the halving.

Bitcoin News, Cryptocurrency News, News

Richard Teng Considers His First Bitcoin Halving as Binance CEO ‘Unique’ Event

By Godfrey Benjamin Apr 19, 2024

Richard Teng cautioned that the extent of future growth will depend on various factors, including overall market sentiment and rates of adoption.

Bitcoin News, Cryptocurrency News, News

Bitcoin Options Expiry before BTC Halving 2024, Dump or Pump?

By Bhushan Akolkar Apr 19, 2024

As Bitcoin price rebounded prior to options expiry, traders took advantage of negative funding rates to initiate long positions, leading to a recovery.

Bitcoin News, Cryptocurrency News, News

Peter Schiff Questions Bitcoin (BTC) Status as Safe Haven, Here’s Reason

By Godfrey Benjamin Apr 19, 2024

With Bitcoin’s recent price surge, it can be inferred that Schiff’s post questioning the leading cryptocurrency’s safe haven status may have been premature.

Bitcoin News, Cryptocurrency News, News

Nearly $300M Liquidated in Crypto as Bitcoin Price Slipped Below $60,000

By Chimamanda U. Martha Apr 19, 2024

Breaking down the losses across different blockchains, BTC traders took the highest hit, with $4 million liquidated in the network in the last 24 hours.

Bitcoin News, Cryptocurrency News, News

Bearish Flip in Crypto Crowd Sentiments Signals Inevitable Bitcoin Price Reversal

By Steve Muchoki Apr 18, 2024

Crypto whales have continued to defend Bitcoin’s support level around $61K ahead of the fourth halving over the weekend.

Bitcoin News, Cryptocurrency News, News

Bernstein Sets $150,000 Post-Halving Bitcoin Price Target

By Godfrey Benjamin Apr 17, 2024

The speculations of these analysts underscore the previous opinion shared by Bloomberg Senior ETF Analyst Eric Balchunas.

Bitcoin News, Cryptocurrency News, News

Bitcoin Exchange Withdrawals Hit One-Year High, BTC Price Surge Ahead?

By Bhushan Akolkar Apr 17, 2024

A Bybit report suggests that the Bitcoin supply will be 2x scarce than gold after halving. With strong ETF demand, the Bitcoin reserves on centralized exchanges would last for nine months only.

Bitcoin News, Cryptocurrency News, Market News, News, Stocks

Bitcoin Mining-Related Stocks Languish in Bear Zone amid Fears of Post-halving Profitability

By Steve Muchoki Apr 17, 2024

Blockware Solutions analyst Mitchell Askew believes the upcoming Bitcoin halving event will turn out to be a buy-the-news event.

Funds & ETFs, Market News, News

Grayscale Bitcoin ETF Dominance Slips to 37% amid Capital Flight

By Godfrey Benjamin Apr 16, 2024

GBTC’s decline coincides with a recent downturn in the crypto market, resulting in Bitcoin price falling drastically.

Bitcoin News, Cryptocurrency News, News

Top Analyst Turns Bearish on Tech Stocks and Crypto Ahead of Bitcoin Halving 2024

By Steve Muchoki Apr 16, 2024

Bitcoin price has struggled to rally beyond $72K despite its dominance against altcoins rallying further against all odds.

Bitcoin News, Cryptocurrency News, News

Bitcoin Selling Could Pick Up before BTC Halving 2024, Says Crypto.com CEO

By Bhushan Akolkar Apr 16, 2024

According to Crypto.com CEO, Bitcoin halving would be a buy-the-rumour, sell-the-news event. In the short term, it could lead to price volatility but would be overall positive in the long term.