Tag: bitcoin halving
Binance’s Halving Initiatives: Shaping the Future of Cryptocurrency Trading
Binance is launching a pioneering campaign to galvanize participation and investment within its ecosystem.
The first, a warm welcome to newcomers with a...
Marathon Digital’s African Ambition: Navigating Challenges, Embracing Opportunities
As Marathon Digital explores opportunities in Africa, it faces competition from rivals such as Core Scientific and Riot Platforms.
Additionally, the company's expansion...
Bitcoin Spot ETF Launch Triggers Volatility: Crypto Price Crash Looms in 2024
During the Bitcoin Spot ETF announcement, Bitcoin's price experienced a significant rise, approaching $49,000, marking a substantial high since 2021.
According to CoinPedia,...
Marathon Digital Holdings Dominates UAE’s Crypto Mining
According to the CEO, Fred Thiel, the operation in Abu Dhabi has 2.7 exahashes online.
In November 2023, the crypto mining firm estimated...
Analyzing the bitcoin halving and its implications to a possible bull run
After the 2012 halving, Bitcoin saw a substantial price increase, eventually reaching over $1,000. Similarly, following the 2016 halving, Bitcoin crossed the symbolic $20,000 mark in 2017. The most recent halving in 2020 preceded Bitcoin's historic run to nearly $70,000 in 2021. While these instances have fueled speculation about a direct correlation between halvings and bull runs, it is essential to cautiously approach such claims, as past performance does not guarantee future results in the dynamic cryptocurrency market.
A Supply Shock: A potential catalyst for the next Bitcoin bull market
A supply shock materializes when the supply of a commodity experiences a sudden decline while demand either remains constant or surges.
The potential...
Bitcoin halvings: an outlook into the past and future projections
Cryptocurrency miners get rewards with a portion of the currency every time they contribute new entries to the Bitcoin blockchain. This is known as the block reward. Bitcoin halvings remain an integral component of the protocol. They cut the block reward by half every 210,000 blocks. Due to the dynamic character of the Bitcoin blockchain, it is difficult to predict when future halvings will occur precisely.
Bitcoin’s Milestone: Reaching 800,000 blocks with the countdown to the next halving
Next year will mark the fourth occurrence of such a Bitcoin halving event in history
The functioning of the Bitcoin network heavily relies...
Crypto loss statistics: Top secure wallets for safeguarding digital money
At the end of 2022, investors had misplaced over 4 million bitcoins (US$120.8 billion at current market pricing)
Huge amounts of money have...
The scramble among big companies to buy more bitcoin as supply wanes
The rush to acquire BTC can only pass as strategic positioning, even as the global market remains unsure as to whether cryptocurrency will...