Some Bitcoin mining companies trading on the Nasdaq experienced a significant rise in their share prices over a 24-hour period as the Bitcoin halving approached at the end of last week. April 20th was a notable day for Bitcoin as it experienced its fourth halving. Mining companies had undoubtedly made a mental note of this … Read more
Kraken’s exec sees the halving as symbolic in terms of supply impact and usage Some market watchers expect some short-term drawdown After great excitement, Bitcoin‘s (BTC) fourth halving has come to an end. Notably, the 2024 Bitcoin cycle has been exceptional, as BTC reached a new peak price of $73,700 just prior to the halving. … Read more
Approximately $2.4 million was paid in Bitcoin fees by users, amounting to 37.7 Bitcoins (BTC), for securing a place in the fourth Bitcoin halving block with restricted capacity. Around 12:09 am UTC on April 20, Bitcoin miner ViaBTC created the 840,000th block in the Bitcoin network. This event activated an automated process, reducing the reward … Read more
Bitcoin’s price continued to fall in the hour immediately following the pivotal event. The gap between Bitcoin’s supply and demand is expected to widen further Excitedly, Bitcoin went through its fourth halving around 2:19 AM GMT on April 20th. Consequently, miners now earn only 3.12 BTC as rewards instead of the previous 6.25 BTC. This … Read more
Bitcoin undergoes its fourth halving: Rewards for mining new blocks on the Bitcoin network are now reduced by half, following the creation of the 840,000th block. Bitcoins price is generating excitement within the cryptocurrency community as they anticipate future developments, with some analysts estimating potential prices up to $250,000. Currently, Bitcoin is priced at $63,960 … Read more
Shibarium daily transactions jumping by 64% over the week SHIB’s supply on exchanges fell sharply, suggesting accumulation by holders Shibarium, the secondary blockchain within the Shiba Inu (SHIB) community, unveiled an significant update to its user interface (UI). The enhancement aims to enhance the user experience and introduce more possibilities for engaging with the network. … Read more