Approaching the upcoming Bitcoin halving, there’s growing concern about the financial impact on miners. Historically, after a halving event, miners face a substantial reduction in income due to the decrease in block rewards. This trend is evident in data from IntoTheBlock, an analytics firm that specializes in on-chain analysis. Despite this decline, Bitcoin’s value tends … Read more
A prominent Bitcoin investor through Grayscale Investments has experienced a 50% decrease in the value of its spot Bitcoin ETF, GBTC, prior to the Bitcoin halving event. The GBTC’s value dropped by nearly half from 619,220 BTC on January 11, when it first began trading. April 16 marked the 66-day point for the Bitcoin spot … Read more
Have you ever imagined yourself defending Earth against extraterrestrial adversaries in a setting where modern technology meets reality? If so, get ready as SpaceCatch initiates its Public Beta on April 22, merging sci-fi adventures with your daily experiences! Remember the mind-blowing immersion of Sci-Fi movies where the virtual world felt chillingly real? SpaceCatch is offering … Read more
In simpler terms, investors in the crypto market are feeling anxious and apprehensive due to tensions between Israel and Iran. Bitcoin is responding to this fear by moving sideways and downwards. Yet, the developing chart pattern could indicate a strong bullish trend, known as a “bull flag.” Fear pervades markets Current times bring instability. The … Read more
Approaching the upcoming Bitcoin halving in a few days, there’s widespread excitement. However, Bitwise Asset Management issues a cautionary note: the crypto market might be underestimating the event’s potential long-term effects. According to Bitwise, past Bitcoin Halvings, specifically the one scheduled for April 20th, have not lived up to the hype. Based on historical data … Read more