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Fourth Bitcoin Halving Completed – Here Are The Implications

Bitcoin

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 reported that they could lose a whopping $10 billion…

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Bitcoin Trader Selling Pressure Declining, CryptoQuant Head Explains Why

Bitcoin News

The head of research at the on-chain analytics firm CryptoQuant has explained why selling pressure from Bitcoin traders may be declining. Bitcoin Short-Term Holder Realized Price Has Risen To $60,000 In a new short-term holders” (STHs) refer to the Bitcoin investors who have been holding onto their coins since less than 155 days ago. The…

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Bitcoin Accumulation: You Won’t Believe How Much BTC Holders Have Bought Since The Crash

Bitcoin

Bitcoin holders have again reaffirmed their faith in the flagship crypto despite its recent price declines. This follows recent data showing that Bitcoin accumulation addresses recorded a new all-time high (ATH) amidst the current market downward trend.  Accumulation Addresses Record New All-Time High Of Bitcoin Inflows accumulation addresses between April 16 and 17. This is…

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Bitcoin Halving: Anticipating Price Impact, Miner Challenges, And Long-Term Outlook

Bitcoin News

The highly anticipated Bitcoin Halving event is close, bringing with it heightened expectations regarding the long-term impact on the Bitcoin price.  There are concerns, however, that this quadrennial event may already be priced in, as Bitcoin recently reached an unprecedented all-time high of $73,700 on March 14. This surge broke the pattern of previous Halvings,…

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Bitcoin Halving Could Catalyzed $100,000 Price Surge: Bitwise CEO

Bitcoin

As the cryptocurrency community excitedly awaits the impending Bitcoin halving, Bitwise Chief Executive Officer (CEO) Hunter Horsley has weighed in on its impact on BTC, predicting that the event could potentially propel prices to $100,000 or even higher. Horsley expressed his optimistic outlook toward the upcoming Bitcoin Halving on the X (formerly Twitter) platform. Every…

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Bitcoin Miners Always Sell Into Halvings, Is This Time Any Different?

Bitcoin News

On-chain data shows Bitcoin miners have always sold as Halvings have occurred. With the next one just around the corner, how are miners behaving this time? Next Bitcoin Halving Is Less Than Two Days Away Now In a CryptoQuant Quicktake post, an analyst discussed Bitcoin miners’ behavior in the build-up to the next Halving. The…

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Goldman Sachs On Bitcoin Halving: ‘It doesn’t Matter If It’s A Buy The Rumor, Sell The News Event’

Bitcoin

Analysts at Bitcoin halving is a noteworthy event, other major factors will likely exert greater influence on Bitcoin’s future value.  Bitcoin Halving To Play Lesser Role In BTC’s Outlook In a note to clients, Goldman Sach’s analysts have cautioned against reading too much into the past Bitcoin halving cycles and their impact on the cryptocurrency.…

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Here’s What Would Happen If The Bitcoin Price Fell Below $58,000

Bitcoin

Crypto analyst Crypto Rover has provided insights into what could happen if the Bitcoin price drops below $58,000. The flagship crypto has continued to suffer price declines lately and risks dropping to that price level if it manages to break the crucial $60,000 support level.  What A Drop Below $58,000 Would Mean For The Bitcoin…

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