The 12-month relative strength index has never read lower just one month before a Bitcoin block reward halving, says stock-to-flow creator PlanB. Bitcoin (BTC) has never been so oversold in the last month before its block reward halving, one important indicator shows. In an ongoing Twitter debate on April 11, the analyst known as PlanB…
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Bitcoin Satoshi’s Vision completed its first halving, reducing its block reward to 6.25 BSV. Bitcoin Satoshi’s Vision (BSV) just finished its first halving, roughly two years after forking from Bitcoin Cash (BCH) in 2018. BSV completed its halving at approximately 01:30 UTC. This event marks the reduction of the coin’s block reward from 12.5 to…
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Former UFC fighter Ben Askren has changed the name on his Twitter account to promote the upcoming Bitcoin halving. As Bitcoin (BTC) prepares to undergo a block reward halving next month, at least one prominent figure in the sports world is doing his part to promote the event. Ben Askren, former Ultimate Fighting Championship (UFC)…
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Investors fear that the upcoming Bitcoin halving is in peril after last month’s 50% drop but blockchain data from CryptoQuant shows miners remain strong going into May. Approximately 4-weeks ago global equities markets were in distress as investors finally realized that the coronavirus was not just an illness restricted to China, but rather a global…
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The case for an immediate Bitcoin price spike after the halving in May is flawed, past data shows. The block reward halving of Bitcoin (BTC) has long been touted as an optimistic factor to drive the short-term price trend of BTC in the first half of 2020. Historical data, however, shows that the halving does…
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After two previous halvings, Bitcoin is expected to moon… or is it? Many industry experts hold varied expectations for Bitcoin’s price following the block reward halving in May, proving 2020 is anything but mundane. “On both prior occasions, Bitcoin surged to a new all-time high within 12 months, with the latest coming in December 2017…
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Fundstrat and eToro market analysts look to the halving and beyond as the coronavirus crisis worsens. What has been driving recent Bitcoin price action? Or perhaps more importantly, who? And why does it matter? Lead Digital Strategist at Fundstrat David Grider and Platinum Account Manager at eToro Simon Peters break down Bitcoin’s next move, how…
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Cointelegraph hosts Jackson and Giovanni crack open a couple cold ones to discuss the halving, coronavirus, and the top 100 people in crypto. Don’t miss the second episode of “Beer and Bitcoin”, where Cointelegraph YouTube hosts Giovanni Pigni and Jackson DuMont discuss everything crypto…while sipping cold beers! In this episode, our hosts debated Cointelegraph’s Top…
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Crypto data company The TIE recently posted data showing Bitcoin’s price correlates to the number of halving mentions in digital asset trade publications. After evaluating data derived from crypto publication headlines, digital asset alternative data provider The TIE discovered a correlation between Bitcoin’s price in the market and mentions of the upcoming halving in media…
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As the Bitcoin halving approaches, analysts are guessing whether Bitcoin’s price will actually increase after it goes through the halving event. The renowned Mike Novogratz, founder of digital assets merchant bank Galaxy Digital, has once again voiced his predictions on the price of Bitcoin (BTC) in light of the impending Bitcoin halving set for May…
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