2020-5-14 20:07 |
Bitcoin community removes $200M worth of BTC from exchanges the first day after the halving.
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Amid Middle East tensions, Bitcoin's value drops by 6%, underperforming as a safe-haven asset compared to gold and the US Dollar's rally. The post Bitcoin fails to draw safe haven flows amid Middle East crisis: Kaiko appeared first on Crypto Briefing.
Glassnode advises Bitcoin investors to moderate their expectations for the upcoming halving, citing historical data and diminishing returns. The post Bitcoin investors to moderate price expectations post-halving: Glassnode appeared first on Crypto Briefing.
The new BTC supply added to the market could drop to $30 million per day, according to Bitfinex.
The SEC's approval of Bitcoin ETFs has transformed the market, with inflows supporting prices and altering post-halving dynamics. The post Bitcoin on-chain metrics are “decidedly positive” after the halving, highlights Bitfinex report appeared first on Crypto Briefing.
After the halving, fees spiked to $146 for a medium-priority transaction and $170 for a high-priority transaction.
Soccer has the World Cup. Athletics and many other sports have the Olympics. Crypto has the halving. The milestone in the blockchain's 15-year history technically means a cut in rewards for crypto miners with each block – a feature designed to minimize inflation.
Upcoming Bitcoin halving may lead to mining power centralization and innovation as miners adapt to new profitability challenges. The post This Bitcoin halving could lead to greater mining power centralization: Bitfinex analyst appeared first on Crypto Briefing.