Tag: Bitcoins

Analyst Reveals Bitcoin’s Bull Market Breakthrough: Here’s What You Need To Know

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In a recent tweet, well-known crypto analyst Rekt Capital delved into the potential timeline for the next Bitcoin market peak, emphasizing the Halving cycle’s significant impact on building BTC’s market path. As the Bitcoin Halving is set to occur between today and tomorrow, April 20, Bitcoin has shown less significant market movement. At the time of writing, the asset has a market price of $64,578. Analyst: ‘When Could Bitcoin Peak In This Bull Market?’ According to Rekt Capital’s analysis, Bitcoin typically reaches its bull market peak between 518 and 546…

A Look at How Bitcoin’s Halving Might Trigger ‘Sell the News’ or ‘Sell the Rumor’ Reactions

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With fewer than 300 blocks remaining until Bitcoin’s fourth halving, speculation has been rife, with many expecting a ‘sell the news’ scenario following an 11% drop in bitcoin prices. On the other hand, this downturn might just be the precursor to a shakeout and a subsequent significant uptick. Large holders, often known as ‘whales’, are […] Original

Bitcoin’s Bullish Trajectory Should Resume After the Halving, Analysts Say

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Global asset management firm Alliance Bernstein has explained that bitcoin’s bullish trajectory should resume after the upcoming halving event. The firm’s analysts described: “We believe it is always new demand catalysts that lead to bitcoin price appreciation in every cycle.” Bernstein’s Analysts on Bitcoin’s Price Post-Halving Global asset management firm Alliance Bernstein’s analysts Gautam Chhugani […] Original

The winners and losers from Bitcoin’s halving

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It will be a box office halving for exchanges and ETFs — but a miserable moment for miners and rival cryptocurrencies. The Bitcoin halving is fast approaching, but while early investors will be popping open champagne following the cryptocurrency’s recent rally, the 50% cut to block rewards isn’t great news for everyone. So, who are the winners and losers following this rare event, and how might this affect the markets going forward? The winners “OGs” who have had exposure to Bitcoin for years top the list of beneficiaries. The halving…

Bitcoin’s (BTC) Outperformance Means Some of Expected Post-Halving Rally May Have Come Early: JPMorgan

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ETH holders turn to Kelexo amid Bitcoin’s $71k rally

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Bitcoin surpasses $71,000, Ethereum holders are increasingly drawn to Kelexo’s promising defi lending platform during its presale. With Bitcoin (BTC) dominating the market after surging past $71,000, some investors are looking to diversify their holdings and explore promising opportunities in defi lending. Kelexo’s (KLXO) presale results and its unique approach within the defi space make it an attractive option for Ethereum (ETH) and Bitcoin holders seeking high-growth potential.…

Umoja Partners With Merlin Chain to Launch Bitcoin’s First High-Yield Synthetic Dollar

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The smart money protocol Umoja has joined forces with the Bitcoin layer two (L2) initiative, Merlin Chain, to roll out a Bitcoin-based high-yield synthetic dollar. The newly introduced stablecoin is engineered to uphold a self-sustaining peg via transparent, onchain trading techniques developed by Umoja. Merlin Chain and Umoja Reveal USDb: The New High-Yield Synthetic Dollar […] Original

The Crypto Analyst Who Predicted Bitcoin’s (BTC) Rally to $70K Has Turned Bearish

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“Our growing concern is that risk assets (stocks and crypto) are teetering on the edge of a significant price correction. The primary trigger is the unexpected and persistent inflation. With the bond market now projecting less than three cuts and 10-year Treasury Yields surpassing 4.50%, we may have arrived at a crucial tipping point for risk assets,” Markus Thielen, founder of 10X Research, said in a note to clients Tuesday. Original

Miner moves nearly $3.3m in Bitcoins for first time in 14 years

The miner first moved the Bitcoins received as a reward for the mined block on April 23, 2010. According to Lookonchain data, on April 15, an unknown whale moved 50 Bitcoins (BTC) worth about $3.3 million. Seventeen BTC went to the address associated with withdrawals from Coinbase, and the remaining amount remained in the wallet using the new details. A miner wallet woke up after being dormant for nearly 14 years and deposited 50 $BTC($3.28M) to #Coinbase 5 mins ago. The miner earned 50 $BTC from mining on Apr 23,…

Crypto Advocates Weigh in on Bitcoin’s Sudden Drop Amid Middle East Tensions

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On April 13, Iran initiated a drone strike on Israel followed by reports that unmanned aerial vehicles (UAVs) were intercepted by Israeli, U.S., and other Western allied forces. Concurrently, bitcoin and the broader crypto economy experienced a significant downturn, with many analyzing the fundamentals in the context of a potentially intensifying military conflict. Community Reacts […] Original