As Bitcoin’s halving draws ever closer, Cointelegraph is going live with some of the biggest names in crypto, to celebrate the event. Wherever you are in the world right now, as a Cointelegraph reader, you are almost certainly aware that Bitcoin’s third halving event is now less than 8 hours away. It is also highly […]
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98% of liquidations on BitMEX yesterday were long positions, indicating over-exuberant pre-halving bullishness at $10,000. Yesterday’s sudden crash saw the price of Bitcoin (BTC) fall 14% from roughly $9,450 to $8,101 in less than 15 minutes. This appears to have shaken out over-exuberant margin traders who longed near $10,000 on heavy margin. According to market […]
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On-chain data suggests that a strong selloff may not necessarily follow the upcoming Bitcoin halving. Bitcoin’s third halving is less than a day away and the cryptocurrency community remains divided on whether the price will rise or drop after the event. Interestingly, on-chain data from previous halvings suggests that after the halving Bitcoin price may […]
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Looking at the Bitcoin Mayer Multiple, the Miner’s Position Index, Miner’s Rolling Inventory to provide fresh perspectives on what is going on with the market. We have almost reached Bitcoin’s third halving where the network halves the block reward from 12.5 Bitcoin (BTC) to 6.25 BTC. This event has recently ignited strong market interest where […]
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Bitcoin price drops by 15.30% just 2 days before the block reward halving. At 12:40 A.M. UTC time Bitcoin (BTC) price dropped from $9,574 to $8,112 in the course of 15 minutes. The 15.30% drop came after the top ranked digital asset on CoinMarketCap struggled to reclaim the $9,800 support after falling below the support […]
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Available information seems to indicate that Loom’s future is shaky. According to available information at press time, sources show a highly uncertain future for the Loom Network, a platform-as-as-service blockchain project. Cointelegraph investigated a number of Loom Network communication channels, finding no firm proof of a live project. A May 8 tweet from Bruno Skvorc, […]
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Bitcoin price is struggling to crack $10,000 while other cryptocurrencies are attempting to catch up during the weekend lull. The price of Bitcoin (BTC), the top-ranked cryptocurrency by market capitalization, hit the psychological barrier of $10,000 but immediately rejected. Meanwhile, the sentiment is shifting from fear towards greed as the Crypto Fear & Greed Index […]
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Experts weigh in on the ongoing gold vs. Bitcoin debate: Which asset is more capable in these current times? Is gold faltering as a safe haven? A Coinbase blog post from May 1 suggested that several months into the COVID-19 pandemic, gold’s market efficiency vis-à-vis Bitcoin (BTC) could be slipping. “Bitcoin and gold are fundamentally […]
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With the Bitcoin halving set to transpire in just a few days, analysts are predicting significant disruptions to mining operations. With Bitcoin (BTC) block rewards expected to halve during the early hours of May 12, many analysts are starting to weigh in on what the event will mean for the crypto markets and mining community. […]
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Google data shows unprecedented interest in Bitcoin’s block halving, far exceeding 2016 numbers. Google searches for “Bitcoin halving” have hit an all-time high, far exceeding the spike associated with the previous halving event by 350%. Searches for the Bitcoin (BTC) halving event have reached 100 on Google’s normalized scale, indicating their highest-ever value. At the […]
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