2020-12-5 00:29 |
Psychology and selling pressures have kept bitcoin's price below $20,000.
Similar to Notcoin - TapSwap on Solana Airdrops In 2024
|
This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release.
2019-2-3 20:43 | |
|
|
| Analogue Notcoin - TapSwap |
Is the halving priced in or not? Will it tank the bitcoin mining industry? Or accelerate adoption? Here's what experts and community members are saying about the fourth and perhaps most anticipated halving.
Bitcoin is within an accumulation range, and trader Rekt Capital points out two possible distinct scenarios.
Bitcoin's price has begun a recovery, trading above $68,5K as the day continues.
Early miners are sending their old block rewards to exchanges, contributing to selling pressure as bitcoin retreats from testing all-time highs.
Expectations that U.S. regulators will approve spot bitcoin ETFs next year are driving prices higher. History suggests we might see a slowdown as we approach the halving in April 2024, says Path Crypto's David Liang.
The Bitcoin Halvening (or halving) is a significant moment in Bitcoin’s history; this pre-programmed event protects Bitcoin from inflation and helps ensure a degree of scarcity for the digital asset.
The $744 million trust asset sale request comes after the judge approved the phased-out sale of nearly $3.4 billion in crypto assets in September.