Bitcoin halved successfully and even though BTC failed to rally investor sentiment remains bullish. The long awaited Bitcoin halving came and went, bringing with it whipsaw volatility which saw the price whipsaw 5% to 7% in each direction for the last three hours leading up to block 630,000. Earlier in the day, the top-ranked digital […]
Continue Reading
As crypto traders brace for today’s Bitcoin halving, data shows buy and hold remains the most profitable strategy. With the Bitcoin (BTC) halving happening in less than 4 hours there is strong evidence that investors are continuing to accumulate Bitcoin. Readers will recall that on March 12, a day now referred to as Black Thursday, […]
Continue Reading
Bitcoin is not out of the woods after a wild weekend selloff and risks more downside as the much-anticipated BTC halving event is about to pass. The price of Bitcoin (BTC) touched $10,000 last week but crashed more than $2,000 from Saturday to Sunday as the price hit $8,100. Is the halving hype over a […]
Continue Reading
Bitcoin suffers a “halving dump” after testing $10,000, what the event means for miners, and the latest predictions of where prices will be in 2021 and beyond. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading […]
Continue Reading
While the fear and uncertainty surrounding BTC has decreased quite substantially before the upcoming halving, experts have noted that the greed aspect of the F&G Index has increased greatly over the past couple of days. With Bitcoin’s (BTC) third mining rewards halving just over 24 hours away, mainstream market hype surrounding the event has grown […]
Continue Reading
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 […]
Continue Reading
Several major cryptocurrencies have seen strong buying at lower levels, suggesting that the uptrend is likely to resume once Bitcoin finds support. Bitcoin (BTC) rallied above $10,000 on May 7 and just when everyone was getting ready for the long-anticipated halving surge the top-ranked cryptocurrency on CoinMarketCap plunged over 15% to hit a low of […]
Continue Reading
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 […]
Continue Reading
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 […]
Continue Reading
Looking at the perpetual funding rate, put–call ratio and Spend Output Profit Ratio to gauge the current market view leading up to crypto’s most-anticipated event. As Bitcoin (BTC) fast approaches its scheduled third halving, several metrics are now pointing toward positive market sentiment going into this most-anticipated event. The perpetual funding rate turns to positive […]
Continue Reading