The upcoming Bitcoin halving remains a major topic within the industry. What can we learn from past experience to be ready for it? There appears to be increasing anxiety in cryptocurrency markets after the prices of Bitcoin (BTC) failed to maintain above the psychological $10,000 level in February. The disappointment came less than three months…
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European searches have driven ‘Bitcoin coronavirus’ to overtake queries for ‘Bitcoin halving’ on Google Trends. Curiously, the search term “bitcoin coronavirus” has overtaken “bitcoin halving” on Google Trends. The odd search term is seeing the most traffic from Europe. Research indicates that Austria, Switzerland, and Ireland comprise the three jurisdictions that produce the most searches…
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According to Chainanalysis’ latest report, there were over $1 trillion worth of crypto transactions in 2019 with only 1.1% percent of them being illicit. According to Chainalysis’ March 5th webinar, over $1 trillion worth of cryptocurrency transactions took place in 2019 with only 1.1% of them being illicit. Source: Chainalysis Diminishing of darknet markets Overall,…
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Analyst Naeem Aslam and Tokenmetrics CEO Ian Balina battle it out over the impact of coronavirus on crypto, and whether the halving is already priced into the markets. In today’s crypto market discussion, Cointelegraph is joined by crypto analyst Naeem Aslam, and the CEO of Tokenmetrics Ian Balina to discuss the impact of the coronavirus…
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Is Bitcoin a currency, money, digital gold? Industry participants have differing opinions on what BTC is as the halving approaches. As the Bitcoin halving draws ever nearer, the demand for the digital asset keeps soaring, having seen an increase of around 15% against the United States dollar in the past month. The Bitcoin halving is…
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Traders are overwhelmingly betting on a dramatic short-term rate cut this year, which could beat Bitcoin’s sub-2% inflation rate. The United States Federal Reserve will cut its interest rate target to compete with Bitcoin (BTC) post-halving, traders believe. As Reuters reported on Feb. 28, Wall Street traders already consider the likelihood of the Fed cutting…
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Fundstrat’s Tom Lee predicts that the Bitcoin price can potentially double this year, giving five solid reasons to back it up. Fundstrat’s Tom Lee was the main highlight of last week’s Blockchain Economy 2020 event in Istanbul, Turkey. Taking the stage on day two, Lee addressed a crypto-savvy audience for about half an hour. Before…
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Bitcoin mining faces more difficulties every year: from electricity efficiency to power cost, and from proper devices to legislation. Be prepared for the halving with these tips. Anyone following crypto news has undoubtedly seen numerous articles that forecast Bitcoin’s (BTC) valuation following the upcoming halving slated to take place in May of this year. And…
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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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Riot Blockchain has opted to sell its new crypto exchange RiotX to focus on Bitcoin mining before halvening. Riot Blockchain, a Nasdaq-listed crypto firm in the United States, plans to sell its exchange to focus on Bitcoin (BTC) mining ahead of the halving. According to an official announcement on Feb. 20, Riot has “opted to…
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