bitcoin halving

Bitcoin halving: Are Whales done Hodling?

85 days remain until the next Bitcoin halving, an event following which mining rewards will become more scarce. And while many expect the world’s largest cryptocurrency to surge to new highs in light of this, a cursory glance of the charts will reveal that Bitcoin is currently in its consolidating phase, with the coin recording […]

Bitcoin is Gold on Steroids that would Make an All-time High by Halving: Galaxy Digital CEO

Earlier this week, Bitcoin breached $10,000 and since then we have been keeping above this level. The digital asset is up 40% in 2020 so far and according to Michael Novogratz, the founder, CEO and chairman of Galaxy Digital that invests in cryptocurrency, it could further continue its upward trend and “by the end of […]

The 2020 Bitcoin halvening

Per the rules set out in the Bitcoin whitepaper, the block confirmation subsidy (or reward) halves every 210,000 blocks. That’s generally every four years, and the next is estimated to happen on 14th May 2020. Originally 50 BTC per block, it dropped to 25 in 2012 and to 12.5 BTC in 2016. After May 2020, […]

Trader places $1.5 million bet on Ethereum rising to $600 by March

More than $1.5 million has been placed on an Ethereum March 2020 call option with strikes at both $520 and $600. The bet means that the trader, or group of traders, believes Ethereum will surge by more than 250% in the next six weeks. Ethereum famously rallied to an astonishing all-time high of $1,425 in […]

“The Next Bitcoin Bull Run Will Be Different,” Crypto Analyst Says

Bitcoin is currently on the verge of a mega move in the coming year – whether bullish or bearish – as it sits comfortably on the $8,700 support/resistance level. While the technical and fundamental prospects points to a potential bullish run, given the upcoming block reward halving in May, there remains doubts on whether the […]

What is Bitcoin Halving?

The first thing that needs defining is what Bitcoin halving really is? Bitcoin halving is when rewards given to miners for securing the network are cut down by 50%. Halving happens every 210,000 blocks (approximately every 4 years). Currently, a reward for solving a Bitcoin block (every 10 minutes) is 12,5 BTC. After the next […]

Halving and Hashrate

Commenting on the potential impact of halving on BTC price, Garrick Hileman, the research head at Blockchain said that: Cryptocurrency markets are often very event-driven, and as we get closer to the next halving bitcoin’s price will receive a boost from those anticipating the forthcoming reduction in new supply. In the months leading up to the […]

3 Bitcoin Fundamentals that Will Spark the Next BTC Rally

The Rundown Hash Rate High Bitcoin Halving Safe-Haven Asset Bitcoin has spent the past six weeks or so consolidating leading many analysts to believe the bottom is in. Fundamentals are strengthening, however, and these three could spark the next bull run for BTC. Bitcoin is currently up almost 2.5% on the day tapping weekly resistance […]

Bitcoin’s ‘Halving’ Is About to Shake Cryptocurrency Markets

If you are not someone following the ups and downs of bitcoin, you probably have not heard about a big event next year. It is called the “halving.” It will cut creation of the cryptocurrency by 50 percent. A cryptocurrency is any form of money that exists online and operates without a central bank. Bitcoin […]

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