A recent survey conducted by Bitget has shed light on investors’ optimistic outlook towards the upcoming Bitcoin (BTC) halving event scheduled for April 2024. Notably, the survey indicates that most respondents anticipate Bitcoin surpassing its all-time high (ATH) of $69,000 during the next bull run. The study also highlights diverse …
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The Bitcoin market is currently experiencing a turning point, largely driven by recent trends in Bitcoin exchange-traded funds (ETFs). Yesterday, Bitcoin’s price rose above $43,000, a movement closely tied to changing dynamics in ETF inflows and outflows, particularly involving the Grayscale Bitcoin Trust (GBTC). On January 29, (Bitcoin ETF Day …
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(NASHVILLE, TN – January 30th, 2024) Bitcoin Magazine, in collaboration with Kraken Digital Asset Exchange, is excited to unveil the 2024 Bitcoin Halving Livestream. This celebration, akin to a New Year’s Eve variety show and featuring bitcoin’s biggest names, is dedicated to marking the fourth epoch in Bitcoin’s history. Broadcasting …
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As the Bitcoin halving event, scheduled to occur later this year by April, approaches, financial firm Cantor Fitzgerald has recently released a report indicating that post-halving, the profitability of major publicly traded BTC miners could be severely impacted. Eleven out of thirteen of these miners, including notable names such as …
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In a highly anticipated development, the United States Securities and Exchange Commission (SEC) granted regulatory approval for 11 spot Bitcoin ETFs, sparking excitement within the crypto community. However, despite initial expectations of a significant price surge, the Bitcoin market has experienced an 8% price drop since the ETFs began trading. …
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With the Bitcoin halving event drawing near, Data from crypto industry research and analytics platform, CryptoRank.io, has recently revealed that a significant majority of its users – 79% – are bullish about the upcoming halving, while 21% have bearish skepticism. This sentiment echoes the historical trend where previous halvings have …
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The fourth Bitcoin halving is almost upon us, and this one has the potential for some very interesting surprises. This halving marks the reduction of the Bitcoin supply subsidy from 6.25 BTC every block to 3.125 BTC per block. These supply reductions occur every 210,000 blocks, or roughly every four …
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TL;DR XRP’s Recent Market Performance: Ripple’s native token, XRP, experienced significant price movements earlier this year, followed by a downward trend, and is currently showing signs of recovery. Analysts’ Future Price Projections: Various cryptocurrency analysts and social media influencers have shared optimistic forecasts for XRP’s price, predicting substantial growth in …
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TL;DR SHIB’s Recent Performance: Shiba Inu (SHIB) has seen a gradual increase in its price over the past two months, with some analysts predicting a potential rally for the memecoin in the future. Influence of a Bitcoin ETF on SHIB: There is speculation that the launch of a spot Bitcoin …
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The timing aligns perfectly in 2024 for a spot ETF approval to have already attracted significant investment, and then the halving decreases Bitcoin’s supply right when demand shoots higher. After yet another banner year in 2023 with over 150% gains, all eyes are on Bitcoin (BTC) to see if the …
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In a surprising twist that sent shockwaves through the Bitcoin community, seasoned trader Peter Brandt recently shifted his focus from his well-established technical analysis to delve into the fundamental aspects of the cryptocurrency market. In a thought-provoking post on X, Brandt challenged the widely held belief that the Bitcoin halving …
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CryptoQuant says factors like the halving, ETF, approval, and rate cuts, could push Bitcoin to $160K next year. Analysts are bullish on the potential of Bitcoin (BTC) for next year, indicating several factors that could pump the price to $160,000. According to a blockchain analytics firm CryptoQuant report, Bitcoin may …
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