Halving Event Sparks Block Competition As Bitcoin’s fourth halving cycle concludes, users are fiercely competing for halving blocks, paying exorbitant fees to mine a single block. ViaBTC Pays Record Fee The 840,000th block was mined by ViaBTC, who paid a staggering $2.4 million in fees. This is the highest fee ever paid for a Bitcoin…
Halving Overview The fourth Bitcoin halving has happened, reducing the rewards miners get for each block they mine from 6.25 BTC to 3.125 BTC. This means miners will make less money, potentially losing billions of dollars. Impact on Bitcoin The halving is designed to make Bitcoin more scarce, which could drive up its value. Experts…
Despite the recent price drop, Bitcoin fans are still bullish on the crypto. Data shows that addresses used for long-term storage (called “accumulation addresses”) have reached a record high in terms of daily Bitcoin inflows. Accumulation Addresses at an All-Time High Over 27,700 BTC was moved into accumulation addresses on April 16-17. This is the…
Analyst’s Timeline for Bitcoin’s Peak Crypto analyst Rekt Capital believes Bitcoin’s bull market peak could happen between mid-September and mid-October 2025. This is based on historical patterns that show Bitcoin typically peaks 518 to 546 days after a Halving event, which is happening today or tomorrow. However, Rekt Capital notes that Bitcoin’s recent rapid growth…
Narrative Shift to Occur Crypto expert Michaël van de Poppe predicts that the focus will shift away from Bitcoin after the halving on April 19th. He expects attention to turn towards Ethereum (ETH) and projects related to Decentralized Physical Infrastructure Networks (DePIN), Real World Assets (RWA), Artificial Intelligence (AI), and meme coins. Altcoins to Shine…
Halving Hype As the Bitcoin halving approaches, Bitwise CEO Hunter Horsley believes it could push prices to $100,000 or higher. Historically, halvings have led to significant price increases, and Horsley expects this time to be no different. Underestimated Impact Horsley believes the halving is currently underestimated. Despite past halvings driving Bitcoin prices up by 5.4x,…
Bitcoin’s Price Surge Anthony Scaramucci, founder of Skybridge Capital, predicts that Bitcoin could reach $200,000 after the upcoming halving event. Despite market volatility, Scaramucci believes in Bitcoin’s long-term growth due to increasing demand from institutional investors and the launch of new financial products like ETFs. Halving Impact The halving event reduces the reward for mining…
Bitcoin’s Price Fluctuations Bitcoin has seen a recent surge of 1.7%, but analysts at CryptoQuant warn of a possible downturn to $52,000 if key levels are breached. Derivative Market Uncertainty CryptoQuant highlights a cautious stance among derivative traders, with declining open interest and funding rates. This indicates traders’ concerns despite the entry of institutional players….
Goldman Sachs, a major investment firm, has shared its thoughts on the upcoming Bitcoin halving. Halving’s Influence on Bitcoin’s Value Historically, Bitcoin halvings have boosted its value. However, Goldman Sachs believes that this halving may have less impact. Factors Affecting Bitcoin’s Future Goldman Sachs emphasizes that other factors will play a bigger role in Bitcoin’s…
Post-Halving Surge Crypto expert Collin Brown predicts a massive rally for Bitcoin after the upcoming Halving event. This event, scheduled within the next 48 hours, will reduce the reward for mining Bitcoin blocks by half, from 6.25 BTC to 3.125 BTC. Brown believes that this Halving will trigger a similar growth pattern to the previous…
