(Bloomberg) — Bitcoin selling may become evident as the date of the so-called halving nears but the event is set to bolster the price of the largest digital asset longer term, according to the head of the Crypto.com exchange. Most Read from Bloomberg The halving reduces new supply of Bitcoin and is expected around April […]
Over the past 15 months, Bitcoin (CRYPTO: BTC) has absolutely been on fire. It is up over 320% and is currently trading near its all-time high of $73,750. Right now, Bitcoin has a market cap of more than $1 trillion. So, what if I told you that Bitcoin was just getting started and that it […]
There are many forces moving bitcoin, yet few attract the same level of attention as the halvings (when the block reward is cut in half). Historically, halvings have proven to be important catalysts for bull markets, and while the rate of impact is decreasing, the upcoming halving is likely to prove important for bitcoin’s price […]
Bitcoin is rebounding toward its record high from mid-March with the highly-anticipated April halving event just days away. The second major trend that could propel bitcoin higher in 2024, the halving follows the January launch of bitcoin spot price ETFs. Bitcoin, spot bitcoin ETFs and Coinbase (COIN) have spiked this year. But bitcoin miners have […]
Bitcoin may face selling pressure in the second half of April as the supposedly bullish impact of halving is already well entrenched, Hayes said in a blog post. U.S. tax payments could suck dollar liquidity from the financial system, fueling risk aversion and a fire sale of risk assets, Hayes said. Gear up for some […]
Crypto Market to Face Depressed Prices Following Bitcoin Halving, Predicts Arthur Hayes According to Arthur Hayes, co-founder of BitMEX, the upcoming Bitcoin halving combined with the actions of the Federal Reserve and Treasury will contribute to a significant decline in the cryptocurrency market for several weeks. In a recent blog post on April 8, Hayes […]
MicroStrategy price target raised to $1,875 from $990 at Benchmark. The software company is well positioned to benefit from the upcoming bitcoin halving, the report said. The broker raised its bitcoin 2025 year-end price forecast to $150,000. MicroStrategy (MSTR) is particularly well positioned to benefit from the bitcoin {{BTC}} halving set to occur around April […]
One of the most anticipated events of the year — the upcoming Bitcoin (CRYPTO: BTC) halving — is now just weeks away. For crypto watchers, this event is just as dazzling and awe-inspiring as a total solar eclipse is for stargazers and astronomers. But should you believe the hype? After all, Bitcoin is already trading […]
(Bloomberg) — MicroStrategy Inc.’s 150% surge — driven by a big bet on Bitcoin — has the scope to climb even further as the cryptocurrency soars, according to analysts at BTIG. Most Read from Bloomberg Analyst Andrew Harte boosted his price target to $1,800 Friday, implying the shares could advance at least another 10% from […]
Bitcoin Cash (BCH) surged 10% after successfully completing its reward halving event that cut the block reward to 3.125 BCH. The cryptocurrency market remains mostly unchanged, with bitcoin – whose halving occurs later this month – trading at just above $66,300, up 0.3% in the past 24 hours. Bitcoin Cash (BCH) surged 10% after completing […]
In less than a month, Bitcoin (CRYPTO: BTC) will undergo its fourth halving. Halvings are hardwired into its code and occur roughly every four years (or once 210,000 blocks are added to the blockchain) and form the foundation of Bitcoin’s robust monetary policy by cutting its supply growth rate in half. This halving, scheduled to […]
The spread between bitcoin and ether’s annualized 30-day historical volatility gauges increased to the highest in at least a year, according to data tracked by Kaiko. The spot ETF inflows and Bitcoin blockchain’s impending halving seem to have catalyzed greater volatility in BTC. Bitcoin {{BTC}}, the leading cryptocurrency by market value and trading volumes, is […]