Key Drivers of Bitcoin’s Rally ETF Inflows: The surge in investment into Bitcoin ETFs in the US has been a major catalyst for price growth. Kendrick estimates that $50-$100 billion could flow into these ETFs as the market matures. Bitcoin Halving: The upcoming halving event, which reduces the number of new Bitcoins mined, will limit…
Surge in Demand On April 17th, the Brazilian stock exchange B3 launched Bitcoin futures trading. The response was overwhelming, with over 7,400 contracts traded on the first day. Growing Interest in Crypto Derivatives This high volume shows that Brazilian investors are eager for ways to invest in Bitcoin without buying it directly. Bitcoin futures provide…
Miners’ Bitcoin Holdings at 12-Year Low Before the recent halving event, Bitcoin’s price took a dive towards $60,000. On-chain data suggests that miners may have played a role in this price dip. Data shows that miners have been selling their Bitcoin holdings in the lead-up to the halving. As of now, miners’ collective BTC reserves…
Post-Halving Surge With the recent halving event, analysts predict a bull run for Bitcoin based on past trends. Crypto analyst ecoinometrics believes Bitcoin could reach six figures in the current cycle. Potential Price Range According to ecoinometrics, if Bitcoin follows similar growth patterns as previous cycles, it could trade between $140,000 and $4,500,000. This range…
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,…
