halving | ForkLog

ForkLog 5 06.05.2024

Analyst Declares End of Post-Halving ‘Danger Zone’

Rekt Capital believes Bitcoin has reached a local bottom at $57,000 and entered an accumulation phase. The expert also noted the growth of the altcoin sector and a trend reversal for DOGE. Trader and analyst Rekt Capital announced that the leading cryptocurrency has exited the post-halving ‘danger zone’ and entered a phase of re-accumulation. #BTC […]

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ForkLog 10 25.04.2024

Bitcoin Deemed Scarcer Than Gold, Expert Asserts

For 6,000 years, gold has been considered scarce, but its extraction intensified with the advent of the industrial age. This highlights the uniqueness of Bitcoin, which has undergone its fourth halving, noted analyst and CMCC Crest co-founder Willy Woo. Gold production going to the moon as technology gets better. Gold has had 6000 years of […]

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ForkLog 11 24.04.2024

Bitcoin’s Evolution Through the Lens of Halvings

Following the fourth halving, Bitcoin has definitively surpassed gold as the scarcest asset in terms of supply growth. Glassnode conducted a retrospective analysis of events from the perspective of price and fundamental network metrics. On April 20, the fourth halving occurred in the Bitcoin network. The block reward was reduced from 6.25 BTC to 3.125 […]

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ForkLog 18 23.04.2024

QCP Predicts Delayed Post-Halving Impact on Bitcoin

Bitcoin optimists will need to wait at least two months to assess the impact of the reduced reward for miners per block. This was reported by analysts at QCP Capital.

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ForkLog 10 23.04.2024

CoinEx to Auction ‘Epic’ Satoshi

The cryptocurrency exchange CoinEx has put up for sale the first satoshi following the halving. This was announced in a press release by the trading platform. (?) The auction for Sat 1,968,750,000,000,000 — 1 of only 4 epic sats in the #Bitcoin eco—is now LIVE! ?@ViaBTC‘ll exclusively partner w/us to to auction off this epic […]

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ForkLog 9 23.04.2024

ETC Group Observes Gradual Market Recovery Post-Halving

Bitcoin shows restrained growth post-halving. Investor sentiment still indicates bearish dominance. Exchange balances of the leading cryptocurrency have decreased, yet whales continue to send assets to trading platforms. Following Bitcoin’s halving on April 20, crypto assets are recovering from losses induced by geopolitical tensions, according to a report by ETC Group’s Head of Research, Andre […]

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ForkLog 10 22.04.2024

Post-Halving Dynamics: Experts Weigh In

On April 20, the Bitcoin network underwent a halving, reducing the block reward from 6.25 BTC to 3.125 BTC. In comments to ForkLog, experts discussed the significance of the event and its impact on the crypto market. Initial Reactions The halving is programmed into Bitcoin’s code, occurring every 210,000 blocks, or roughly every four years, […]

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ForkLog 16 22.04.2024

Bitcoin Transaction Fees Hit Record High on Halving Day

The average transaction fee in the Bitcoin network fell to $34.86 after reaching a record high of $128.45 on the day of the halving, April 20. Source: YCharts. The rise in transaction fees began ahead of the block reward reduction. Experts attributed the trend to user activity in anticipation of the launch of the Runes […]

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ForkLog 12 20.04.2024

Bitcoin Block #840,000 Sees Users Pay $2.4 Million in Fees

Users paid 37.6256 BTC (approximately $2.4 million at the time of writing) in fees to include 3,050 transactions in Bitcoin’s halving block #840,000. Following the halving, fees on the network of the first cryptocurrency soared to an average of $203. Data: mempool.space. Screenshot: bitcoin.com. An unknown user paid a fee of 6.7 BTC (~$430,500). This […]

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ForkLog 47 20.04.2024

Bitcoin Undergoes Fourth Halving

On April 20, Bitcoin’s network reached block height #840,000, marking the fourth halving event. The reward for mining a block was reduced from 6.25 BTC to 3.125 BTC. ? Block #840000, the #BitcoinHalving block, was successfully mined by ViaBTC! ? Thrilled to celebrate this milestone with our dedicated miners. ? Let’s keep pushing forward on […]

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ForkLog 7 19.04.2024

Coinbase Analysts Highlight Macro Factors Influencing Post-Halving Crypto Market

The trajectory of the cryptocurrency market following the halving will be shaped by macroeconomic factors in the short term, despite its strong fundamentals. This conclusion was reached by Coinbase experts, as reported by CoinDesk. “These factors are largely exogenous to cryptocurrencies and include increased geopolitical tensions, rising long-term rates, reflation, and growing government debt,” noted […]

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ForkLog 9 19.04.2024

Binance CEO Describes Upcoming Bitcoin Halving as Unique

The anticipated Bitcoin halving on April 20 will occur amidst significant events in the cryptocurrency ecosystem, according to Binance CEO Richard Teng, as reported by The Block. The executive noted that historically, digital gold has appreciated within six months following each halving event, but the dynamics depend on numerous factors. “In addition to the approval […]

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