Bitcoin and cryptocurrency investors are gearing up for the long-awaited bitcoin halving this month—which will see the number of new bitcoin entering the market cut by half. The bitcoin price has soared this week and is now a strong contender for 2020’s best performing asset, climbing to over $9,000 per bitcoin for Read more…
Bitcoin on April 29, reached the $8,000 mark for the first time since Mid-March and a vital factor behind the surge is attributed to the incoming halving event. The Bitcoin halving event has a proven track record of spiking the price value of the digital coin pre and post-event as Bitcoin Read more…
Bitcoin holders, developers, users, investors, and speculators are poised for the third Bitcoin Halving, which is merely days away. Slated for May 12th, the event will cut miner block rewards in half from 12.5 to 6.25 bitcoins, with new coins added to the network every 10 minutes. The annual inflation Read more…
In brief Bitcoin’s halving is coming up soon. Previous halvings have been associated with a rise in the price of Bitcoin. CryptoCompare says this one is different. A new report by CryptoCompare explains that the conditions of next month’s Bitcoin halving are completely different to the previous two Bitcoin halvings, which took place in Read more…
Bitcoin is notoriously volatile, prone to sudden price surges and swift reversals that can wipe out millions of dollars of value in a matter of minutes. Those changes are often mysterious to market observers, given the digital currency’s lack of fundamentals, or ties to the real economy. Bitcoin has another Read more…
Amidst the oil market madness, can Bitcoin (BTC) pull through to hit $10,000 before the halving? Can Bitcoin brace the current market and rise beyond the $10,000-mark before the halving? Here are our top 5 picks in favor for a bitcoin bull rally. 1. Bitcoin (BTC) spikes above $6,900 breaching above Read more…
As May approaches and Bitcoin’s next halving draws near, hodlers, traders, and investors are all keen to know how this quadrennial event will affect the price of the world’s foremost cryptocurrency. To delve further into the halving, we talked to traders Michaël van de Poppe and Scott Melker (aka The Read more…
The bitcoin block reward halving – a hotly-anticipated event during which the amount of BTC produced with each new transaction block will fall from 12.5 BTC to 6.25 BTC – is expected to occur next month. The event takes place roughly every four years and is intended to ensure the Read more…
FTO’s hard fork consists of two elements — setting up masternodes along with the reduction of supply. What does supply reduction mean? Every cryptocurrency has limited resources. The more production increases, the more the price of goods decreases, but cryptocurrency as a carrier of value can grow. It’s a lot Read more…
Bitcoin halving, the anticipated event in the crypto space, is just around the corner. However, this year’s Bitcoin halving less than two months away is the most anticipated in the short history of crypto space because of the recent price drop of Bitcoin and the miners’ sordid state. Bitcoin miners are undoubtedly the backbone Read more…