Here’s why the upcoming halving could push Bitcoin to new all-time highs

2020-1-18 19:00

Bitcoin is only 117 days away from a block rewards reduction event that affects the number of tokens that can be generated every 10 minutes. Based on historical data, this event tends to serve as a catalyst that propels the flagship cryptocurrency into new all-time highs.

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What’s Behind the Increasing Number of Bitcoin Longs on Bitfinex?

The number of long orders on the Bitfinex exchange has been making all-time highs for the past five days. This is unusual since the Bitcoin price has decreased by around 10% over these days. The possibility of this occurrence preceding a long squeeze has likely been invalidated, since the rapid price decrease of December 17 […] The post What’s Behind the Increasing Number of Bitcoin Longs on Bitfinex? appeared first on BeInCrypto.

2019-12-19 06:48