Perfect storm for undervalued ASICs: Blockstream plans $50M raise to buy miners
Blockstream intends to buy and store ASIC mining hardware ahead of Bitcoin’s halving in 2024. Go to Source
Halving
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How will Bitcoin halving affect BTC price, and is DeFi dead?
Blockware Solutions account executive David Gamble told Market Talks host Ray Salmond that the crypto market will hit a $10 trillion market cap in the next few years. Go to Source Powered by WPeMatico
Litecoin halving completes as LTC sees increased payments adoption
Litecoin block rewards have now halved to 6.25 LTC as the halving clock is reset for another four years. Go to Source Powered by WPeMatico
Bitcoin rally will lead to “speculative blow-off top” in 2024, Mark Yusko predicts.
BlackRock’s application for a spot Bitcoin ETF have kicked off the next Bitcoin bull run which will culminate in 2024 with a speculative parabolic run, according to Morgan Creek Capital CIO, Mark Yusko. Go to Source Powered by WPeMatico
Bitcoin price is ‘stuck’ at $30K — Here are 3 reasons why
Bitcoin bulls face a cocktail of short-term holder and miner selling, along with a severe lack of volatility. Go to Source Powered by WPeMatico
‘Don’t short when it’s dark green’ — How to trade the 2024 Bitcoin halving
Bitcoin is setting up a classic four-year buying opportunity, commentators say, with the next halving just one year away. Go to Source Powered by WPeMatico
Litecoin price poised for 700% gains vs. Bitcoin, says Charlie Lee
The Litecoin halving is just three months away and LTC price is well-positioned for some massive gains, argues the founder. Go to Source Powered by WPeMatico
Bitcoin Network Hits 75% Progress Towards Next Reward Halving
At 11:06 a.m. Eastern Time (ET) on April 29, 2023, at block height 787,500, the number of blocks left to discover until the next Bitcoin blockchain halving is now fewer than 52,500 blocks. This means the network has progressed 75% through the 210,000-block halving cycle, which will ultimately result in a reduction of the block … Read more
What Bitcoin bear market? BTC price closely copying old halving cycles
Bitcoin continues to fulfil its halving cycle roadmap in classic style compared to 2013 and 2017, the latest BTC price metrics show. Go to Source Powered by WPeMatico
Cleanspark Purchases 45,000 Bitcoin Mining Devices, Adding 6.3 EH/s to Current Fleet
On Tuesday, the bitcoin mining company Cleanspark announced that it had purchased 45,000 Antminer S19 XP bitcoin mining devices for a total price of $144.9 million. Cleanspark stated that the new fleet would add 6.3 exahash per second (EH/s) of computational power to the company’s current 6.7 EH/s. Cleanspark Acquires 45,000 Bitmain Antminers for $144.9 … Read more
