Bitcoin Surges: 20 Million Coins Mined
Bitcoin has surpassed 20 million coins mined, leaving only 1 million remaining to be mined. This milestone highlights the cryptocurrency’s finite supply. #Update #Crypto $BTC
Halving
Bitcoin’s $126K Peak Ends Fidelity Warns
Fidelity’s Jurrien Timmer warns $BTC’s $126K October high could be this cycle’s peak, with 2026 expected to be volatile. Support seen at $65K–$75K. #Update #Crypto $BTC
Bitcoin Block Reward Cut Boosts TRX
TRON founder Justin Sun considers reducing $TRX block rewards due to its rising price, akin to Bitcoin’s halving mechanism, potentially impacting deflation and staking incentives. #Update #Crypto $TRX (+3) ↗
Bitcoin Computing Power Surges Before Halving
Bitcoin’s hashrate may hit 1 zettahash per second by 2027, pressuring miners to secure cheap energy and efficient equipment amid rising costs and network security growth. • #Update • #Crypto • $BTC • (+4) • ↗
Litecoin Halving Today: Digital Silver Surge?
Litecoin’s third halving event occurs today at 3:16 pm UTC, cutting block rewards from 12.5 $LTC to 6.25 $LTC. Historically bullish, the long-term impact remains debated. Current price up less than 1% today. #Litecoin #Update
Bitcoin Is Providing the Final Bargain Opportunity Before Post-Halving Rally
Bitcoin’s surge past $67,000 and its market cap of $1.322 trillion highlight its potential pre-halving rally as a prime investment opportunity, with historical patterns suggesting a significant post-consolidation growth phase.
Novogratz Predicts Bitcoin Trading Between $55K-$75K This Quarter
Michael Novogratz predicts Bitcoin will trade between $55,000 to $75,000 this quarter, highlighting its potential for stability and long-term strategic importance in the volatile cryptocurrency market.
Altcoins Surge Post-Bitcoin Halving Boom
Following Bitcoin’s surge past $64,000, Ethereum, Solana, and XRP gain attention, signaling a post-halving market boom. With $217 million inflowed into Bitcoin ETFs, investor confidence peaks, spotlighting Ethereum’s smart contracts, Solana’s speed, and XRP’s transfer efficiency.
Post-Halving: Bitcoin Apps Amplify Miner Revenue
Post-Bitcoin halving, dApps like Ordinals and Runes have significantly boosted miners’ income, with transaction fees now making up over 7% of their revenue, a substantial increase from 1% two years ago, demonstrating Bitcoin’s expanding utility and evolving economic landscape.
Crucial Data Trumps Bitcoin Halving Impact
Top analyst Markus Thielen believes U.S. CPI data could more significantly affect Bitcoin’s price than the upcoming halving, potentially overshadowing its impact. With Bitcoin at $66,386 and Ethereum at $3,342, the April 10 CPI release is crucial for cryptocurrency market sentiment.
Record-High Mining Difficulty Post-Halving Shakes Crypto Landscape
Following Bitcoin’s fourth halving on April 20, 2024, mining difficulty soared to a record 88.1 T on April 24, with the hash rate at 642.78 EH/s, reflecting a robust mining ecosystem despite halved block rewards to 3.125 BTC. Contrary to expectations of a decline in miner activity, high transaction fees have sustained mining revenues. The next difficulty adjustment is projected on May 8, 2024, with an expected increase of 0.86%, indicating a resilient and evolving Bitcoin mining sector..
Post-Halving Crypto Trends: Insights from Bybit, OKX, Wintermute
The cryptocurrency market is undergoing significant transformations, with Bitcoin halving events losing their impact as price catalysts. Representatives from Bybit, OKX, and Wintermute highlight the increasing role of institutional investors, spurred by the approval of spot Bitcoin ETFs, and the growing influence of macroeconomic factors on Bitcoin’s price dynamics. This shift reflects a broader trend towards recognizing Bitcoin and other cryptocurrencies as more than speculative investments, suggesting their evolving role in the global financial system..
Bitcoin Runes Account for Over Half of Transactions on Halving Day
On Bitcoin Halving Day, the introduction of Bitcoin Runes represented a breakthrough, accounting for 57.7% of all transactions. These Runes allow embedding various data types directly into the blockchain, utilizing a method that minimizes network clutter. However, their popularity led to unexpected network congestion and had notable financial implications, indicating strong market interest. This innovation marks a significant shift in blockchain data integration, offering new possibilities despite challenges in network efficiency and transaction fee structures..
ViaBTC Auctions Unique ‘Epic Sat’ Linked to Bitcoin Halving on CoinEx
ViaBTC, a leading mining pool, is auctioning a rare “epic sat” minted during Bitcoin’s fourth halving, on CoinEx. This significant event, with bids already reaching 2 BTC, highlights the scarcity and value of such unique digital assets within the cryptocurrency community..