The clock struck a pivotal moment for Bitcoin on Friday, April 19th, 2024, as the blockchain underwent its fourth programmed halving event. This preordained code change sliced the block reward for miners in half, reducing it from 6.25 BTC to 3.125 BTC. This historic event marks a significant chapter in Bitcoin’s journey, impacting miners, investors, […]
Author: Thomas Schmidt
Bitcoin Halving Hype May Lead to Post-Halving Slump, Analyst Warns
Buckle up, crypto enthusiasts, because the upcoming Bitcoin halving might not be the price surge everyone’s anticipating. According to Arthur Hayes, co-founder of BitMEX and current Chief Investment Officer at Maelstrom, the days surrounding the halving (estimated around April 20th, 2024) could see a price correction for Bitcoin (BTC). Hayes bases his prediction on the […]
BEFE Coin Price Takes Flight: 45% Surge Fueled by Upcoming Presale Frenzy
The wave of excitement continues in the cryptocurrency market, with BEFE Coin emerging as the leader in recent price gains. The price of the BEFE token increased by a staggering 45% over the past week, a rise driven by the buzz surrounding its impending presale. BEFE’s presale, launched on March 23, has already attracted significant […]
Bitcoin Breaks Through: Surges Past $62,000 Milestone
In a display of continued bullish momentum, Bitcoin surpassed a key psychological barrier today, reaching a price above $62,000 USDT. This marks a significant milestone for the world’s leading cryptocurrency, solidifying its position as a dominant force in the digital asset landscape. The surge comes after a period of relative stability, with Bitcoin hovering around […]
Giants Awaken: BlackRock and ProShares Bitcoin ETFs Eclipse Grayscale’s GBTC in Epic Volume Shift
For years, Grayscale Bitcoin Trust (GBTC) reigned supreme as the gateway for institutional investors seeking exposure to the world’s leading cryptocurrency. However, the tides are turning, and a new wave of Bitcoin exchange-traded funds (ETFs) is challenging GBTC’s dominance. On February 1st, 2024, BlackRock’s iShares Bitcoin Trust (IBIT) and ProShares’ Bitcoin Strategy ETF (BITO) achieved […]