Crypto investors withdrew hundreds of millions from digital asset products for the second week due to concerns over interest rates and geopolitical turmoil. According to CoinShares, digital asset investment products shed $206 million in net outflows last week. Withdrawals were recorded predominantly across U.S. ETFs and financial vehicles that Bitcoin (BTC) underpinned. Global ETP trading
Like the Summer Olympics and the presidential election, bitcoin’s “halving” comes every four years. The latest halving — a preprogrammed event that cuts the amount of available coins to be mined in half — happened Friday (April 19) evening, according to multiple published reports. As noted here late last week, the halving is built in
Bitcoin BTC has successfully completed its fourth halving supply cut—coming as one legendary billionaire predicts “rapid, cataclysmic” U.S. collapse. Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and “uncover blockchain blockbusters poised for 1,000% plus gains” in the aftermath of bitcoin’s looming halving earthquake! The bitcoin price has so far defied warnings that the bitcoin
Share this article It was the moment that most of Bitcoin’s friends had been waiting for. At 8:10 pm ET Friday in New York, Bitcoin (BTC) underwent its fourth halving at block height 840,000; block rewards were slashed from 6.25 BTC to 3.125 BTC. Despite the block reward halving, miners for block 840,000 raked in
Bitcoin, the world’s leading cryptocurrency, underwent a programmed reduction in its new coin creation rate on April 19. This event, known as a “halving,” occurs roughly every four years and is designed to slow down the overall supply of Bitcoin as per CoinGecko. Bitcoin’s dominance is currently 54.14 per cent, an increase of 0.12 per
The Bitcoin halving is one of the most anticipated crypto events in history. Halving entails splitting miner rewards in half, which in turn keeps the supply and value of Bitcoin in check. Bitcoin halving is conducted once every four years and is known to bring about a temporary cryptocurrency market upheaval before helping the coins
Bitcoin’s next quadrennial halving is imminent – now likely to happen Friday or early Saturday. But a large number of the 15-year-old blockchain’s developers and users are turning their attention to an event that’s expected to take place immediately following the halving: the launch of Casey Rodarmor’s Runes protocol. Rodarmor’s big project release last year
Bitcoin mining companies are facing a notable decrease in stock value in anticipation of the upcoming halving. Shares of Marathon Digital Holdings, Riot Platforms, and CleanSpark have declined for three consecutive days. Marathon Digital Holdings, the largest public Bitcoin miner, lost nearly 25% of its stock value in the past month, while Riot Platforms lost
This is the first bitcoin rewards halving in which value can be assigned to individual sats, which can now be traded like NFTs following last year’s launch of the Ordinals protocol. The first sat to be mined after this month’s halving could theoretically attain a value of $1 million or more on marketplaces for digital
As the cryptocurrency market gears up for the highly anticipated Bitcoin halving event, investors and traders are eagerly seeking opportunities to maximize their returns. While Bitcoin often takes center stage during such events, several altcoins have the potential to deliver significant gains amidst the halving craze. In this article, we will explore three coins that