halving | ForkLog

ForkLog 2 27.03.2024

Wall Street’s Financial Influence on Bitcoin Mining Examined

Funding of public companies has strengthened their role in mining digital gold. The decentralization of the Bitcoin blockchain is under threat. Collaboration and innovation, along with geographical diversification, will help uphold the network’s principles. Institutional funding of public companies has disadvantaged individual and small miners and may have long-term implications for network dynamics, according to […]

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ForkLog 10 26.03.2024

Core Scientific CEO Outlines Post-Halving Strategy

Core Scientific plans to allocate funds for purchasing bitcoin miners from struggling industry players following the halving, as revealed by the company’s CEO, Adam Sullivan, to Blockworks. The company emerged from bankruptcy proceedings in January. Through a reorganization lasting over a year, Core Scientific reduced its debt burden to $571 million by converting equipment loans […]

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ForkLog 32 25.03.2024

Bitcoin Halving May Drive US Miners to Africa

Outdated bitcoin mining equipment in the United States is set to be sold to overseas buyers seeking to profit from mining in regions with cheaper electricity. Industry experts revealed this in an interview with Bloomberg. Taras Kulik, CEO of mining equipment retailer SunnySide Digital, stated that this trend is driven by the upcoming halving. He […]

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ForkLog 13 22.03.2024

Bitcoin Halving: A Test of Miners’ Efficiency

Leaders of mining companies suggest that the Bitcoin halving may harm smaller and less efficient operations, but will not pose a problem for major players, according to Cointelegraph. The halving of block rewards is expected to significantly impact the revenues and profitability of cryptocurrency miners. Industry management believes that in this scenario, efficiency and scale […]

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ForkLog 9 19.03.2024

Bernstein Analysts View Correction as a Prime Buying Opportunity

The current price correction of digital gold from $73,000 to around $63,000 is seen as a temporary opportunity for “buying the dip” ahead of the April halving. This perspective was shared by Bernstein researchers, reports The Block.

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ForkLog 9 19.03.2024

Bitcoin’s Path to $200,000 Deemed Achievable by 10T Holdings CEO

Bitcoin could easily reach $200,000 due to ETF inflows and the halving event, according to a forecast by Dan Tapiero, CEO of 10T Holdings, in an interview with The Block. “I don’t think this expectation is that crazy,” he shared. The potential for a threefold increase from the current price roughly aligns with the percentage […]

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ForkLog 17 29.02.2024

JPMorgan Analysts Predict Bitcoin Correction to $42,000 Post-Halving

The upcoming halving in April could trigger a sharp decline in the price of the leading cryptocurrency, reports The Block, citing experts from JPMorgan. The algorithmically programmed reduction in rewards from 6.25 BTC to 3.125 BTC will decrease mining profitability. The financial institution’s report notes that the cost of production influences the price of digital […]

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ForkLog 14 29.02.2024

CoinEx Launches Bitcoin Halving Campaign

The cryptocurrency exchange CoinEx has initiated a promotional campaign titled ‘Less is More’, focusing on the upcoming Bitcoin halving scheduled for April 2024. This was reported to ForkLog by representatives of the trading platform.

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ForkLog 37 23.02.2024

Pantera Capital Predicts Bitcoin Surge to $147,000 by 2025

Bitcoin is projected to rise to $147,000 by 2025. The DeFi ecosystem based on digital gold could reach a value of $72-450 billion. Based on previous halving cycles, Bitcoin’s price is expected to drop to $35,448 in April 2024, followed by a rise to $147,000 in 2025, according to forecasts from Pantera Capital. With all […]

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ForkLog 15 12.02.2024

Grayscale Anticipates Positive Bitcoin Market Structure Post-Halving

Fundamental shifts in supply and demand dynamics, alongside other factors, are likely to positively influence Bitcoin prices following the halving, according to Grayscale. NEW REPORT: fundamental onchain activity and positive market structure updates could make the spring 2024 $BTC halving fundamentally different from the ones that came before. pic.twitter.com/SIjBg11cpV — Grayscale (@Grayscale) February 9, 2024 […]

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ForkLog 24 12.02.2024

Bitcoin after the halving: where next for the price?

In the second half of April the next halving of the first cryptocurrency will take place. Many market participants await the event with optimism, seeing it as no less significant than the launch of spot bitcoin ETFs in the United States. Halving the block reward from 6.25 BTC to 3.125 BTC will make digital gold […]

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ForkLog 21 11.02.2024

Bernstein Predicts Bitcoin Miners’ Stock Surge Ahead of Halving

Shares of companies mining the leading cryptocurrency present a promising entry point ahead of the halving, reports CoinDesk, citing a report by Bernstein analysts. The document notes that Bitcoin’s price soared after each previous halving—in 2012, 2016, and 2020. The next halving, which will reduce the block reward to 3.125 BTC, is scheduled for April […]

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