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Prepare for a Bitcoin Chop Before the Positive Impacts of the BTC Halving Take Place: Bitfinex

Bitcoin is struggling to climb above the $60,000 mark after a devastating downtrend this week. Bitfinex analysts have shared their latest insights on BTC for May, predicting that the world’s…

Continue ReadingPrepare for a Bitcoin Chop Before the Positive Impacts of the BTC Halving Take Place: Bitfinex

Here’s When BTC Price Will Tap $500K: PlanB’s S2F Model Remains Unfazed Amid Market Correction

Bitcoin had a rough start in May as its upward trajectory appears to have reached its peak after a bullish quarter. However, prominent crypto analyst PlanB predicts that the average…

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Bitcoin Miners’ Average Revenue Per Block Dips 25% in 3 Days, Falling to 3.83 BTC

In the last 24 hours, bitcoin miners have faced significantly reduced earnings, with the current hashprice lingering at a significant low. Just five days ago, miners were harvesting an average…

Continue ReadingBitcoin Miners’ Average Revenue Per Block Dips 25% in 3 Days, Falling to 3.83 BTC

This Metric Predicts Sustained Bitcoin Price Gains By 2024’s End: Kaiko

Following Bitcoin’s recent halving event, market analysts are closely eyeing the role of liquidity in shaping the cryptocurrency’s trajectory over the coming months. According to insights from Kaiko, the strengthening…

Continue ReadingThis Metric Predicts Sustained Bitcoin Price Gains By 2024’s End: Kaiko

Investors Should Ground Expectations Post-Bitcoin Halving: Glassnode

Bitcoin’s fourth halving has sparked speculation about significant price surges, but Glassnode, an analytics firm, advises that investors should “ground expectations” based on historical data. The Bitcoin halving happened less…

Continue ReadingInvestors Should Ground Expectations Post-Bitcoin Halving: Glassnode