The Bitcoin halving event, which reduces mining rewards, is nearing even as Bitcoin's price remains 15% below its all-time high, potentially increasing market volatility.
The SEC updated its lawsuit against Justin Sun, asserting jurisdiction due to his extensive travel in the U.S.
The U.S. Securities and Exchange Commission (SEC) claims Tron founder Justin Sun acted within its jurisdiction, implying regulatory scrutiny over Tron.
Toncoin of the TON network has seen its TVL reach over $148 million, reflecting a 300% increase within a month. Toncoin's price soared over 60% in April, overtaking Cardano in market cap. Rumors of a partnership with AI firm HumanCode and successful projects like Tonstakers and STON.fi are driving its growth.
The Bitcoin network has undergone its fourth halving, reducing the miners' reward by half and potentially influencing the future of BTC.
Analysts predict a positive movement in Bitcoin price following the halving event, expecting the trend to continue.
Skybridge's Anthony Scaramucci predicts Bitcoin could reach $200,000 post-halving. He cites underlying demand, new financial products like ETFs, and institutional interest as driving forces, despite potential short-term volatility. He likens BTC's trajectory to Amazon's early growth and remains optimistic about its long-term value.
Bitcoin's block subsidy reward is set to halve to 3.125 BTC today, impacting its price.
Bitcoin's fourth block reward halving occurred at block 840,000, with Viabtc mining the block and earning a 3.125 BTC reward, signaling the start of reduced mining incentives.
BlockDAG, with its $18.2 million presale, eclipses Avalanche's growth and Bitcoin's entry into NFTs, showcasing a 30,000x return on investment potential and captivating the market with an impending Moon-based keynote announcement.
US-based spot Bitcoin ETFs have seen $4.3 million in outflows, marking a five-day streak of withdrawals. Over $319 million has been withdrawn since April 12, amidst an upcoming mining reward halving.
Tether will expand its USDT and XAUT stablecoins to the TON network, leveraging its recent growth and Telegram user base.
The Bitcoin halving set for 2024 is poised to halve miner rewards and is expected to significantly influence Bitcoin and the wider crypto market.
BitMEX has raised the leverage on its XBTUSD Bitcoin perpetual swap from 100x to 250x, an adjustment made as the Bitcoin halving approaches.
With the Bitcoin halving imminent, miners face a reduction of their block subsidy rewards from 6.25 to 3.125 BTC, which could affect their selling strategies.
The Bitcoin community anticipates the next halving event in less than 20 hours, a pivotal moment that halves miner rewards and contracts new Bitcoin supply, with aims to mitigate inflation.
Ripple's CEO, Brad Garlinghouse, adjusted his initial $5 trillion market cap prediction for the crypto industry, recognizing an underestimation and highlighting growth prospects amidst current demand-supply dynamics. He advocates for regulatory clarity, especially from the US, and acknowledges countries like Dubai, Singapore, and the UK for progressing with crypto-friendly policies.
Despite Bitcoin's $62,000 price level and looming halving event, TON (Toncoin) maintains its upward trend with strong support, potentially gearing up for a significant price surge.
Cryptocurrency analyst PlanB predicts a significant increase in Bitcoin value after the upcoming halving event, potentially peaking at $300,000 by 2025.
Binance co-founder He Yi optimistic about CZ's legal situation ahead of US sentencing, despite Binance's $4.3 billion forfeiture. Yi highlights company's regulatory strategy.
Following Bitcoin's halving event, transaction fees have soared, with costs exceeding $240 per transfer. Notably, block 840,000 showed fees of 37.626 bitcoins, worth $2.39 million, highlighting the surge in expense for onchain transactions after the halving.
Pavel Durov's speech at TOKEN2049 in Dubai spiked interest in Toncoin (TON), but the crypto subsequently faced a downturn, ending its seven-week rise.
The Bitcoin market has witnessed significant net inflows from 'mega whales,' which are the largest holders of Bitcoin, potentially signaling a bullish trend for the cryptocurrency's value. These mega whales have recently bought 19,760 BTC, which could historically precede a rise in Bitcoin's price, despite recent sideway trading.
Hedgey protocol, a DeFi platform, was hacked with $44.7 million in assets lost on Arbitrum and Ethereum.
A Binance executive, Tigran Gambaryan, remains detained in Nigeria despite the company's CEO, Richard Teng, attempting to negotiate his release amidst money laundering allegations.
Renowned trader Peter Brandt forecasts a bullish trend for Bitcoin, predicting an upcoming rise in its price due to observable consistent patterns in the market.
Bitwise CEO Hunter Horsley predicts Bitcoin's price will reach $100k post-halving, amid growing excitement and geopolitical tensions.
The Bitcoin halving event is imminent, with the cryptocurrency market anticipating its occurrence within the next 50 blocks. This overview provides the latest update on the expected timing.
Bitcoin's price stands at $64,520, declining by 1.65% amidst global tensions and anticipations for its upcoming halving event.
Benchmark reports that due to Bitcoin's 140% price increase over six months, miners are well-prepared for the upcoming Bitcoin reward halving. The surge also positively affected other cryptocurrencies like Ethereum.
Bitcoin's value dropped to a seven-week low influenced by heightened geopolitical tensions in the Middle East, particularly between Iran and Israel.
Tether restructures its company model, introducing four new divisions aiming to enhance its decentralized infrastructure.
Ethena's governance token ENA saw a steep 33% loss over the past week but may recover quickly as it starts trading on meme coin exchanges.
The article provides insights on the upcoming Bitcoin halving, detailing its significance, where to watch it, and expert forecasts for Bitcoin's future.
Iran's counterattack on Israel had immediate effects on financial markets, causing a 5% drop in Bitcoin prices, which broke the $60,000 level before stabilizing.
The fourth Bitcoin halving event has taken place, affecting supply and demand dynamics and significantly impacting the mining industry.
Solana (SOL) experienced a notable recovery after a significant price drop, reflecting the wider cryptocurrency market's resilience amid global conflicts.
The Federal Reserve may maintain current interest rates until at least 2025, with potential rate reductions not expected until late in the year or early 2024, as indicated by the president of the Federal Reserve Bank of Atlanta, Raphael Bostic.
Binance is collaborating with Nigerian authorities to address the detention of their financial crime compliance executive.
Human Rights Foundation's Alex Gladstein announces the Finney Freedom Prize to inspire Bitcoin advocacy, in honor of Hal Finney during the fourth Bitcoin halving.
The cryptocurrency market is experiencing volatility with Bitcoin, Ethereum, and Ripple facing major price shifts. Influenced by macroeconomic factors and events like the upcoming Bitcoin halving, these changes are closely monitored by investors.
Google Ads has inadvertently promoted a phishing scam by allowing a malicious crypto website to advertise on its platform, putting users at risk.
Industry leaders, in a discussion led by Rob Nelson, debated Bitcoin mining's potential to contribute to national energy needs and spur technological growth, especially in stabilizing power networks in energy-fluctuating regions like Texas.
Litecoin (LTC) is currently consolidating at the $80 level, leading to speculation about potential 10x gains or an upsurge to $1,000 in the current crypto bull market.
Following the latest Bitcoin halving, which reduced mining rewards, significant shifts in trading behaviors and market dynamics have been observed in the cryptocurrency markets.
A key indicator suggests the possibility of a bottom in Ethereum's price due to the decline in transaction fees, but historical precedents may indicate a different outcome.
The article discusses Litecoin's potential for a 20% increase, examining the current trends and what investors in LTC might anticipate in terms of investment targets.
Ripple CEO Brad Garlinghouse shares his forecast for the cryptocurrency landscape and Ripple's future by the end of 2024.