Bitcoin will halve around April 2024. Despite challenges to miner revenue in the short term, underlying on-chain activity and positive market structure updates make this halving different on a fundamental level.
JinseFinanceThe number of Bitcoins held by miners has dropped recently; falling reserves could signal a fall in Bitcoin prices.
JinseFinanceCipher Mining strategically acquired 16,700 new miners ahead of the Bitcoin halving, aiming to expand their mining capacity in Texas. With a bullish outlook tied to the event's historical impact on Bitcoin prices, Cipher aims to emerge as a major player in the industry.
JoyThe event will double the bitcoin production cost to around $40,000, creating a positive psychological effect, the report said.
CoindeskThe crypto exchange’s transaction revenue fell 44% from the second quarter.
OthersThe business software firm owns about 130,000 bitcoins worth approximately $2.7 billion on its balance sheet.
OthersThe last Bitcoin halving took place on May 11, 2020, and the next bitcoin halving will likely occur in 2024.
CoindeskHash rate on the bitcoin network has hit a new all-time high of 281.79 million TH/s, and its next halving dates is projected to be as early as Q4 2023.
BeincryptoThe $50,000 resistance level seems to be the line in the sand that separates certainty from doubt that Bitcoin has cast off the four-year cycle trend, according to Santiment.
CointelegraphThe Bitcoin hash rate hit another all-time high and the 105,000th block since the last halving was mined, marking the halfway to the next halving.
Cointelegraph