halving | ForkLog

ForkLog 12 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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ForkLog 9 18.04.2024

JPMorgan Analysts Predict Bitcoin Decline Post-Halving

With the market still in an overbought state, there is a possibility of a correction in the price of the leading cryptocurrency following the reduction in miners’ rewards. This is reported by CoinDesk, citing a JPMorgan report. Analysts reached this conclusion based on an analysis of open interest in bitcoin futures. Furthermore, the asset’s price […]

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ForkLog 26 18.04.2024

Google Searches for Bitcoin Halving Reach Record Highs

The volume of Google searches concerning the upcoming April 20 Bitcoin halving has reached an all-time high. The indicator has more than doubled compared to the previous event in 2020. According to Google Trends, interest in the term has reached 45 points. The platform’s algorithms predict that by the end of April, the metric will […]

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ForkLog 11 18.04.2024

Coinify Foresees Bitcoin Sales Post-Halving

The price dynamics of Bitcoin following the halving will adhere to the principle of “buy the rumour, sell the news.” This was stated by Coinify CEO Rikke Staer in an interview with The Block. The executive explained her expectations by citing the increased presence of institutional investors and the growing experience of retail investors. According […]

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ForkLog 17 17.04.2024

Bernstein Sets Bitcoin Target Post-Halving

By the end of the year, Bitcoin is expected to rise to $80,000-$90,000, reaching $150,000 at its peak in 2025. The demand for ETFs from institutional investors will drive the new all-time high. The halving will lead to a 7% reduction in hash rate. Following the upcoming halving, Bitcoin is anticipated to resume its rally […]

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ForkLog 12 17.04.2024

Halving to Trigger Demand Shock and Strengthen Mining Sector

The forthcoming reduction in Bitcoin block rewards is expected to foster a more eco-friendly mining network powered by sustainable energy sources. The limited supply is likely to impact the asset’s price. Clean Mining Fineqia International analyst Matteo Greco told Cointelegraph that the halving will encourage Bitcoin mining companies to optimize capital efficiency through cheaper electricity, […]

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ForkLog 8 16.04.2024

Experts Discuss Halving’s Impact on Altcoins

Altcoins will respond differently to the reduction in rewards for Bitcoin miners, influenced by factors such as tokenomics, value proposition, and their overall contribution to decentralization. This was stated by several experts in a conversation with Cointelegraph. Preparing for the Event Historically, Bitcoin experiences exponential growth following a halving, which subsequently affects the entire cryptocurrency […]

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ForkLog 16 15.04.2024

Bitcoin Miners May Unleash $5 Billion Sell-Off, Expert Warns

Following the halving, miners could potentially liquidate bitcoin reserves worth $5 billion, exerting pressure on the price. This warning comes from Marcus Thielen, Head of Research at 10x Research. #Bitcoin Might Trade Sideways for 6 months As Miners Could Sell $5bn of BTC -> Here is why: https://t.co/gLRgs8yyGg pic.twitter.com/zBLdV95MAl — 10x Research (@10x_Research) April 13, […]

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ForkLog 8 12.04.2024

Bitcoin Halving: Historical Impact on the Industry

Bitcoin halving reduces issuance rates and attracts new market participants. The upcoming event will occur after reaching a historical high. Halving will take place amid a steady inflow of funds into ETFs and a surge in L2 and DeFi activity. The forthcoming halving in April 2024 will occur under unprecedented conditions. Analysts at Binance have […]

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ForkLog 8 10.04.2024

Marathon CEO: Bitcoin Halving Already Priced In

The upcoming halving of the reward for Bitcoin miners is to some extent already factored into the current bullish cycle, according to Marathon CEO Fred Thiel in an interview with Bloomberg. In his view, the approval of spot ETFs based on the leading cryptocurrency has been “hugely successful” and has attracted capital to the market. […]

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ForkLog 11 04.04.2024

Bitcoin Cash Undergoes Second Halving

On April 4 at 01:45 (Kyiv/MSK), Bitcoin Cash experienced its second halving at block #840,000. The block reward was reduced from 6.25 BCH to 3.125 BCH. Data: Blockchair. The block was mined by the ViaBTC pool, which received a reward of 3.156 BCH, including fees. At the time of writing, only 13 blocks have been […]

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ForkLog 2 03.04.2024

Bitcoin’s Post-Halving Performance Analysed by Experts

The value of the leading cryptocurrency increased by an average of 3230% in the 12 months following a halving, according to estimates from CoinGecko. How has Bitcoin price performed after each halving? Our latest study shows that, on average, #Bitcoin price returned 3,230% gains within one year after each halving event. Read the full study: […]

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