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THANKS TO BINANCE FOR THIS BOG HONOR YOU can also try in #BinanceAcademy #HotTrends $BNB
THANKS TO BINANCE FOR THIS BOG HONOR
YOU can also try in
#BinanceAcademy
#HotTrends
$BNB
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PLEASE SHOW SUPPORT FOLLOW AND COMMENTS #BTC Bitcoin Halving History Chart Analysis Every four years, the amount of new bitcoins produced is halved on a halving day. This means that during a Bitcoin halving event, the rewards for network defenders are reduced by 50%, directly impacting the rate of new bitcoins entering circulation. The day when the reward is halved is called the halving day. This is a significant event in the cryptocurrency market and has occurred three times since Bitcoin’s inception. What is the Bitcoin Halving History Chart? The Bitcoin halving history chart visually illustrates the timeline of halving events and their impact. Typically, it displays the halving dates, changes in mining rewards, and often includes the price movement of Bitcoin throughout history. First Halving – 28/11/2012 Bitcoin’s first halving occurred after the network confirmed 210,000 blocks. Miners’ rewards were reduced from 50 bitcoins to 25 bitcoins per block. At the time of halving, the market price of Bitcoin was $12.20. Following the halving, a bull run ensued, driving the price of Bitcoin to $1,000 by the end of 2013. Second Halving – 09/07/2016 After four years, the second halving event took place in 2016 upon reaching 420,000 blocks. This led to a reduction in mining rewards from 25 to 12.5 bitcoins per block. Third Halving – 11/05/2020 The third halving event occurred after processing 630,000 blocks. Miners’ rewards decreased from 12.5 to 6.25 bitcoins per block. It reached a record high of $69,000 in November 2021. Upcoming 4th Halving – 2024 According to CoinMarketCap’s prediction, the next halving will occur after processing 840,000 blocks, on April 17, 2024. Miners are expected to see their rewards reduced from 6.25 to 3.125 bitcoins per block. There is much speculation from enthusiasts and investors about how this halving event will impact the market, leading to significant expectations. #HotTopics #HalvingTime #BTChaving2024
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Bernstein Predicts Bitcoin Price to Reach $90,000 by Year-End⚡🔥🔥🔥🔥🔥 According to the latest report from analysts Gautam Chhugani and Mahika Sapra, a new #BTC bull cycle is underway, fueled by strong capital inflows into newly launched Bitcoin exchange-traded funds (ETFs) eyes, along with a strong expansion in mining capacity and historic mining revenues. The analysts note that Bitcoin miners remain “attractive buying targets for equity investors looking to participate in the crypto cycle”, and have revised their estimates for the Cryptocurrency mining stocks. They noted that they observed a hashrate decrease of 7% following Bitcoin’s upcoming halving, compared to a 15% decrease they had previously predicted. Hashrate is an index of the computing power underpinning the Bitcoin network, as miners compete to find new blocks. The reward to miners for each block found will be halved next month, from 6.25 to 3,125 BTC in an event known as halving. Halving is part of Bitcoin’s currency supply and occurs every after 210,000 blocks are mined, which equates to approximately every four years. Hashrates often decrease after halvings because some miners become unprofitable from the reduced rewards. However, the revised forecast from Bernstein shows that the halving hashrate decrease will not be as severe as before. #HotTrends $BTC #HalvingTime #ETFI #BTC🔥🔥🔥🔥
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#HotTrends please follow me and comment Bitcoin Spot ETFs Witness Third Consecutive Day of Outflows In the last three days, exchange-traded funds (ETFs) have recorded a steady trend of withdrawals, with a total of $261.5 million leaving the 10 approved funds on March 20. In total, Outflows have reached $742 million, with March 18 and 19 recording $154.3 million and $326.2 million, respectively, according to Farside Investor data. The outflow was mainly due to a consecutive day of withdrawals by the Grayscale Bitcoin Trust (GBTC), which saw the fund lose $386.6 million, while the Invesco Galaxy Bitcoin ETF (BTCO) also saw a $10.2 million withdrawal . Both of these events obscured small inflows from eight other ETFs. Flows for all 10 U.S. spot Bitcoin ETFs, green row highlights March 20. Source: Farside Investors BlackRock’s iShares Bitcoin Trust (IBIT) recorded its second-lowest withdrawal ever, at $49.3 million – just slightly above its daily low on February 6. Fidelity Wise Origin Bitcoin Fund (FBTC) also experienced a day with low net inflows, at $12.9 million. Overall, this was the second-highest day of net inflows for the 10 ETFs, just $326.2 million less than March 19. #HotTrends #ETH #ETFI #HalvingTime $ETH
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PLEASE FOLLOW AND COMMENTS BTC 15m chart Latest Update: 👉 Last Update Details : ⭐ While trading at 62250 ⭐ Max drop & Lose : 60800 (-2.3%) ⭐ Max rise & gain : 64380 (+3.42%) 👉 According to the 15m chart, BTC has entered a #bearishmomentum now. So, everyone can open a short position with sufficient funds and proper risk margin. Avoid highly risky trades and always maintain your liquidation price within a $6000 range. I'll provide updates if there are any changes in the market. 👉 BTC is expected to drop to these levels: ⭐ 62000 ⭐ 61400 ⭐ 60700 Note: The BTC market can change its momentum on the 15m chart at any time, so those who follow our analysis need to stay updated with the latest information. Some have criticized changes in the information frequency, but please understand that when the market momentum changes, my analysis information will also change based on market confirmation. This is important for new followers to understand, which is why I am sharing this note. 👉 Please keep in mind that in the 70k zone, a rise or drop of $700 in BTC corresponds to approximately 1% of market changes. Everyone, please understand the market risk before selecting margin. BTC is currently trading at 63650 PLEASE SHOW some support and love ❤️.
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