In a landmark decision this Monday, Hong Kong has approved several applications for spot exchange-traded funds (ETFs) trading Bitcoin and Ethereum, reinforcing its ambition to become a regional cryptocurrency hub. Amidst the fast-paced developments, the prices of major cryptocurrencies saw…
The Bitcoin halving event, occurring approximately every four years, is a seminal moment in the cryptocurrency world, renowned for its immediate and long-term effects not just on Bitcoin but also on the wider altcoin market. This mechanism, designed to reduce…
In a few days, the fourth Bitcoin halving in history will occur, and the trading community is eagerly anticipating potential exponential increases in Bitcoin’s price. However, an important question arises: what will happen to Bitcoin mining? As the reward for…
Online analysts are engaged in a flurry of predictions regarding Ethereum’s price during the upcoming Bitcoin halving, by year-end, and even into next year. But what do experts really think about Ethereum from a long-term perspective? Ethereum (ETH), the second-largest…
With the Bitcoin halving just 23 days away, historical patterns have typically shown a price correction preceding each halving event. Currently, after a two-week decline, the trend appears to have reversed. Bitcoin’s price bounced back above $70,000 on Monday and…
In just 32 days, the cryptocurrency world anticipates the next Bitcoin halving, a pivotal event set to reduce the block reward from 6.25 to 3.125 BTC. This anticipated reduction in supply could naturally lead to a price increase. However, this…