11th anniversary of Bitcoin’s first halving: from $12 to $37,000

Bitcoin (BTC), the largest cryptocurrency by market value, experienced its first-ever halving 11 years ago today. As the community celebrates the anniversary of the first Bitcoin halving, it’s timely to revisit some of Bitcoin's historical milestones ahead of the next halving expected in April 20 ...

Crypto community begins Bitcoin halving countdown as milestone date nears

The crypto community and many of its most high-profile players have started to shift their focus toward the Bitcoin halving, a 4-year cyclic event that cuts the Bitcoin market supply in half. With the next halving event scheduled for April 2024, the Bitcoin mining reward will reduce from the curr ...

Bitcoin nears pre-halving ‘target zone’ toward $50K BTC price

Bitcoin (BTC) is nearing a key Fibonacci retracement level which could mark the top of its “pre-halving rally.”That is according to popular social media trader Titan of Crypto, who on Nov. 19 reiterated a pre-halving BTC price target of up to $50,000.Trader: $39,000 is pre-halving BTC ...

Some crypto companies might be too excited for Bitcoin’s halving

As we approach Bitcoin's (BTC) halving in April, a phenomenon that historically triggers significant market shifts, companies within the space are at a critical juncture. This event is surrounded by speculation and strategic planning, and for some, a sense of uncertainty. While it's laden with op ...

Opinion: With Bitcoin’s halving months away, it may be time to go risk-on

More tradition than coincidence, the Christmas season is around the corner again and the market is looking good for yet another run. Bitcoin (BTC) surged to more than $35,000 in October, another record high for 2023. The year-long rally has been attributed to unconventional market trends, includi ...

4 signs Bitcoin is starting its next bull run

As the chances of a Bitcoin exchange-traded fund (ETF) being approved rise, six-figure BTC price predictions are also becoming increasingly common, particularly now that the April 2024 halving is less than 180 days away.BTC price historical patterns, halvingBitcoin’s (BTC) pri ...

3 reasons why Ethereum price is down against Bitcoin

The price of Ethereum’s native token, Ether (ETH) is trading around a 15-month low versus Bitcoin (BTC), and the lowest since Ethereum switched to proof-of-stake (PoS).Cointelegraph takes a closer look at some of the reasons for the continuous drop of the ETH/BTC pair. Ether’s historic ...

Bitcoin crash pre-halving? Stablecoin metric that marked 2019 top flashes warning

Bitcoin (BTC) is at 17-month highs with just 164 days until the next Bitcoin halving event, alongside anticipation of a spot Bitcoin exchange-traded fund (ETF) approval in the coming months.Yet, amid Bitcoin’s 106.38% year-to-date gains, the stablecoin supply rate oscillator ...

No concerns over Bitcoin halving supply shock, says Bitvavo CEO

Supply and demand dynamics could mitigate concerns of a potential Bitcoin market supply shock during the upcoming mining reward halving in 2024, according to Bitvavo CEO Mark Nuvelstijn.The co-founder of the Netherlands-based cryptocurrency exchange weighed in on Bitcoin-related market mov ...

Rising M2 money supply will see crypto become ‘Super Massive Black Hole’: Raoul Pal

The rising total money supply (M2) could propel crypto into another bull rally and help it outperform the traditional markets, according to Raoul Pal, co-founder and CEO of financial media platform Real Vision. Pal’s X post highlighted the correlation between the rising fiat market supply and the ...

Why the 2024 Bitcoin halving may play out differently than in the past

The impact of the Bitcoin halving on crypto prices is often overestimated and the next halving, set for April 2024, may play out differently than previous ones, according to a leading analyst.The halving event, which every four years, cuts in half the rate by which new Bitcoins are created ...

Just how bullish is the Bitcoin halving for BTC price? Experts debate

A recent panel at the Swan Pacific Bitcoin festival was cleverly titled, “Are halving price cycles bullshit?” Throughout the discussion, host and founder of the Bitcoin Layer Nik Bhatia asked Marathon Digital CEO Fred Thiel, Swan CIO Ralph Zagury and Swan product manager Andy Edstrom ...

BTC price models hint at $130K target after 2024 Bitcoin halving

Bitcoin (BTC) is destined to hit $128,000 or more by the end of 2025, multiple analytics models suggest.Uploading his latest BTC price estimates to X on Oct. 17, popular trader and analyst CryptoCon deduced a two-year target of around $130,000.Multiple BTC price forecasts converge o ...

The Impact of Bitcoin’s Upcoming Halving on Miner Profitability

Bitcoin miners are facing heightened competition due to record-high hash rates, making miner profitability increasingly challenging. While ordinal inscriptions help miners earn extra revenue by filling empty block space, profitability remains modest compared to historical levels. The upcoming Bit ...

Bitcoin’s Ascending Trajectory: Paving the Way to $200,000?

Bitcoin's Ascending Trajectory: Paving the Way to $200,000? In the unpredictable realm of cryptocurrencies, Bitcoin has displayed remarkable consistency by adhering to a long-term upward trendline dating back to 2017. At each approach to this trendline, it has elicited robust bullish responses, b ...

Bitcoin all-time high in 2025? BTC price idea reveals ‘bull run launch’

Bitcoin (BTC) is about to test hodlers with a “mid cycle lull” before starting a bull run in late 2024, a new BTC price model states.According to its creator, popular analyst CryptoCon, the “November 28th Cycles Theory” demands the BTC price all-time high in 2025.Countdown to BTC price ...

Ripple-SEC Negotiations Await 2024: Implications for XRP Price

It seems that Ripple and the Securities and Exchange Commission (SEC) will only be available for further negotiations in the second quarter of 2024, and thus only after the Bitcoin (BTC) halving. So what could this mean for the XRP price action? Wh ...

Tom Lee Predicts Bitcoin’s Value Surge, Regardless of Spot Bitcoin-ETF Approval

Tom Lee says bitcoin will rise in value even if applications for spot bitcoin-ETFs are rejected. He attributes the rise to bitcoin halving. Bitcoin's value could rise significantly by the end of 2024 if applications for spot bitcoin-ETFs are approved. This pre ...

Bitcoin ETF Approval Could Propel BTC to $150,000: Mark Yusko’s Bullish Forecast

Mark Yusko, CEO of investment firm Morgan Creek Capital, suggested that if a spot bitcoin ETF is approved in the U.S., the BTC exchange rate would rise to $150,000 by the middle of next year. During an interview with Kitco News, Mark Yusko said that the crypto community is excited about the possi ...

Bitcoin OG bets surprising sum on BTC hitting $100K before the halving

Blockstream CEO Adam Back, one of the crypto’s early pioneers, is pretty confident Bitcoin will hit an all-time high of over $100,000 before Bitcoin's halving in 2024 — and is willing to drop a million wagering on it.In an Aug. 7 conversation on X (formerly known as Twitter), B ...

How will Bitcoin halving affect BTC price, and is DeFi dead?

On the latest episode of Market Talks, host Ray Salmond spoke with Blockware Solutions account executive David Gamble about the future of Bitcoin (BTC) mining, expectations for the cryptocurrency’s price, and his views on how the decentralized finance (DeFi) sector needs to evolve. Ga ...

MicroStrategy returns to profit and now owns $4.4B worth of Bitcoin

Business intelligence firm MicroStrategy — one of the largest corporate holders of Bitcoin (BTC) in the United States — managed to return to profitability in the second quarter amid a surge in the price of Bitcoin.In a Q2 earnings results filing posted on Aug. 1, MicroStrategy ...

Bitcoin’s bullish hype fades, but analyst says PlanB’s stock-to-flow model is still relevant

Bitcoin is struggling to reclaim its psychologically important level of $30,000 as analysts predict that choppy accumulation may last for months.Bitcoin (BTC) soared to a new yearly high of over $31,800 on July 13, driven by optimism surrounding the potential approval of exchange-trad ...

Bitcoin rally will lead to “speculative blow-off top” in 2024, Mark Yusko predicts

BlackRock’s application for a Bitcoin exchange-traded fund (ETF) has sparked the beginning of a new crypto bull market, which will go parabolic at some point closer to the halving scheduled for April 2024, according to Mark Yusko, the chief investment officer and founder of Morgan Creek Capital.& ...

Bitcoin halving bullish for Saylor’s MicroStrategy: Berenberg Capital

The upcoming Bitcoin (BTC) halving is set to blow fresh wind in the sails of Bitcoin-focused stocks such as Michael Saylor founded tech firm MicroStrategy.In a research note shared with Cointelegraph, New York-based investment firm Berenberg Capital Markets explained its reasons for a bul ...

Riot Platforms to add 33,000 Bitcoin miners ahead of 2024 halving

Riot Platforms — one of the world’s largest Bitcoin (BTC) mining companies — has bought 33,280 “next-generation” Bitcoin miners for its Texas facility, costing $162.9 million.The rigs — which were sourced from mining manufacturer MicroBT — will boo ...

Coinbase Credit lends Hut 8 $50M to support Bitcoin treasury

The Canadian Bitcoin (BTC) mining company, Hut 8 Mining, has secured a credit facility from a subsidiary of the United States-based cryptocurrency exchange, Coinbase.Hut 8 officially announced on June 26 that it entered a $50 million credit agreement with Coinbase Credit. The credit facili ...

JPMorgan Analysts Predict Bitcoin to Reach $45,000 due to Gold Price Rise

JPMorgan investment bank analysts led by senior strategist Nikolaos Panigirtsoglu believe that the rise in gold prices will also affect the bitcoin. In their opinion, BTC will reach $45,000. Nikolaos Panigirtzoglou's team stressed ...

Major Companies Driving Cryptocurrency Adoption: A Look at BlackRock, Visa, Mastercard, and More

According to a well-known cryptocurrency blogger, trader, and analyst, there has never been a better time to hold onto digital assets for the long haul due to the increasing number of companies entering the market. Lark Davis has compiled a list of major companies that are driving the adoption of ...