Once it has reached $180,000 at the end of 2021, Bitcoin will most likely enter its bear market again for 2022. The current pattern is 2012 and 2013 were the bull market. 2014 and 2015 were the bear market. 2016 and 2017 were the bull market. 2018 and 2019 were the bear market. 2020 and 2021 will be the bull market. 2022 and 2023 will be the bear market. 2024 and 2025 will be the bull market. So, 2022 and …
Category: Bitcoin Halving
The price of Bitcoin surged past $11,000 for the first time in 13 days as traders discuss where BTC is headed next. The price of Bitcoin (BTC) broke above $11,000 at last, after 13 days within a tight range. But this time, the market dynamic is different because Ether (ETH) and most decentralized finance tokens are declining. As Bitcoin rose to as high as $11,024 on Coinbase on Sept. 16, Ether, DeFi tokens and the majority of altcoins stayed stagnant. …
This incredible feat shows global investors and traders are rushing into digital coins. The crypotoverse seems to be getting bigger lately because the total market capitalization of cryptocurrencies has surged past a new 5-month high. These were largely contributed by the recent rally in BTC, ETH, and XRP and many altcoins in play. Data from Coinmarketcap, an advanced crypto tracker firm, revealed that the market capitalization value of the cryptocurrency market stands at $323 billion at the time this report …
Bitcoin remains in good shape to retest $10K while a BTC price pullback to as low as $7Ks may provide a good opportunity for buyers. The price of Bitcoin (BTC), the top-ranked cryptocurrency by market capitalization, is acting inside a narrowing range, still hovering around $9,000. Meanwhile, we’re also seeing a decrease in volume, alongside an increasingly shaky stock market, which is likely to impact Bitcoin as well (read the recent analysis here). However, would a retrace towards $7,700 be …
Why IBM’s blockchain can’t be called a blockchain in the strict sense of the word. Stuart Popejoy has 15 years’ experience in building trading systems and exchange backbones for the financial industry. Prior to co-founding Kadena with Will Martino in 2016 and becoming the company’s president, Stuart worked at JPMorgan Chase in the new products division, where he led and developed JPMorgan’s main blockchain product, Juno. Stuart also wrote the algorithmic trading scripts for JPMorgan, which informed his creation of …
A novel cryptocurrency project called PornVisory plans to reward its users with blockchain tokens for watching porn on its platform A novel cryptocurrency project called PornVisory plans to reward its users with tokens for watching porn on its platform. PornVisory’s founder, Veronica Noschese, explained to Coin telegraph that there’s a natural synergy between the cryptocurrency and pornography industry, which desperately needs anonymous financial systems. As examples, Noschese pointed to PayPal banning Pornhub from its system in 2019 and the porn giant’s subsequent decision to …
While miners took a double hit, the combination of the pandemic and halving could provide an unlikely tailwind to the crypto industry at large. Normally, little is unexpected concerning the regular, pre-programmed adjustment of the Bitcoin network’s mining reward size, otherwise known as halving. Baked into the digital currency’s original protocol, the anti-inflationary mechanism gets triggered once every 210,000 blocks mined — or roughly every four years — providing all the interested parties with ample notice and time to buckle up. …
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