Bitcoin Traders Reduced Exposure Ahead of Halving: CryptoQuant
Bitcoin’s fall to $61,000 over the weekend was a result of market participants reducing their exposure to the digital asset ahead of the halving slated for April 20, according to…
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Bitcoin Miners Ramp Up Hashrate as Halving Nears, Network Hits 653 EH/s Record
Just before the upcoming block reward halving, with only 72 blocks left until reaching block height 840,000, bitcoin miners have significantly boosted their hashrate. As of 8:50 a.m. EDT on…
Bitcoin Transaction Fees Overtake Ethereum as Halving Anticipation Grows
For the past four days, fees paid by users on Bitcoin have exceeded those on Ethereum, according to data from Cryptofees, a data analytics platform. This surge in Bitcoin transaction…
JPMorgan doubles down on $42,000 Bitcoin price forecast post-halving
JPMorgan stands by a bearish Bitcoin forecast post-halving, with a target of $42,000 due to high production costs and market overvaluation. The post JPMorgan doubles down on $42,000 Bitcoin price…
Crypto liquidations spike hours before Bitcoin halving
Over $290 million in crypto liquidations occurred in 24 hours as bitcoin rebounded 5% to near $65K ahead of its halving event. The post Crypto liquidations spike hours before Bitcoin…
Plan B Predicts Repeat Performance Post-Bitcoin Halving Amid Mixed Analyst Forecasts
At block height 839,856, the Bitcoin blockchain stands a mere 144 blocks short of the forthcoming reward halving at block height 840,000. Historically, bitcoin’s price has seen substantial increases following…
Google Searches For ‘Bitcoin Halving’ Reach Highest Level Ever
Public interest in the ‘Bitcoin halving’ is gaining steam as Google searches for the term have now risen to their highest level in history. According to Google Trends data, interest…
Bitwise: Bitcoin Halving Is a ‘Sell the News’ Event, Market Underestimates Long-Term Impact
Asset management firm Bitwise has cautioned that data suggests the upcoming Bitcoin halving is a “sell the news” event. However, the firm explained that the market likely “prices in the…
$1.72B Worth of Bitcoin Moved to Accumulation Addresses After Dip Below $63K: Data
A recurring pattern that has been observed during each Bitcoin halving is volatility. With the following event right around the corner, Bitcoin dumped over 10% in the past week, sliding…
This Bitcoin Halving Will Not be Different: PlanB
Contrary to the general belief circulating in the crypto community, Bitcoin Stock-to-Flow (S2F) model creator and analyst PlanB thinks this halving will not be different from previous events. According to…
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