Bitcoin Halving Could Mean Losses for Some Miners, Expert says
$BTC The upcoming Bitcoin halving, reducing mining rewards from 6.25 BTC to 3.125 BTC per block, raises concerns among miners, especially those with older, less efficient hardware. Charles Edwards warns of potential shutdowns and centralization of mining power among larger operations. The halving's economic implications include mitigating inflation and increasing Bitcoin's rarity, historically leading to price spikes, although the current market uncertainty complicates predictions. While some an
Did you Got margin Call in recent crash? Did your account liquidated and you wiped out?
i can understand what you are suffering from i can understand your pain but you have to know that this is financial market No one can tell what will be next we also have suffered from these situation now you will feel like trading is scam but i know after a week you will start again but remember in financial market goals is not to grow your account set your goal to grow your experience no matter how much you lost never try to revenge control your nerves and try to deal with market for better returns. may God help you
save my post maybe it help you to what you need to do in future
DXY (dollar) will go up because USA will sell weapons. Max money will flow into the black market stocks will crash. every financial market will be fluctuated. global economies will face inflation.
Bitcoin Nose Dive as Political Tensions Escalate in the Middle East
Bitcoin and other cryptocurrencies fall sharply following Iran's drone attack on Israel. The cryptocurrency price dropped from around $67,000 to $61,625, wiping out over $130 million in market capitalization within minutes following the attack. According to Bloomberg, Iran launched drones toward Israel on Saturday. The move is a retaliation for an attack conducted by Israel days before. Israel attacked a diplomatic compound in Damascus, Syria, killing seven Iranians, including two generals. The
ARB, STRK, AXS: Three token unlocks worth over $350 million towatch out for ahead of Bitcoin halving
Arbitrum, Starknet, and Axie Infinity ecosystems have voluminous cliff unlocks lined up for next week.ARB, STRK, and AXS tokens worth millions would be unleashed, alongside others like IMX, PIXEL, MANTA, and APE.Token holders should brace for volatility to escape exit liquidity ahead of Bitcoin halving week. Several ecosystems have their unlock events lined up for next week, starting Sunday, April 14. Millions of dollars’ worth of tokens will be unleashed into the market, increasing the individu
These Two Altcoins Will Be Hardest Hit by Monday's Hong Kong Bitcoin Earthquake
$NEO $VEN (Vechain) *not available on Binance
VeChain and Neo are being used as proxy tokens for Hong Kong's ambition to become a leading Asian crypto hub. This comes amid speculation that Hong Kong regulators may soon greenlight spot ETFs for Bitcoin and ETH. In line with expectations, both tokens achieved significant weekly gains. However, both altcoins lost some of their weekly gains due to the decline in the market. Wintermute analysts evaluated the situation of these altcoins as follows:
“VeChain and Neo are seen as representatives of demand in Asia, especially in the retail and fast money circles. Neo, for example, is popularly known as the 'China's Ethereum'.”
I also noted that Hong Kong's efforts to position itself as a cryptocurrency hub in the East may have contributed to Neo's strong performance and visible inflows into VeChain and Conflux:
“This basket of tokens was on the radar of many fast money investors around June 2023 when Hong Kong started issuing individual crypto licenses. Many acted as a proxy for APAC flows.”
The upward move for each token coincides with news that Hong Kong regulators may approve spot ETFs based on Bitcoin and ETH earlier on Monday.
We can always observe many low IQs in this space, especially in the crypto space that is filled with amateur Tik Tok investors and traders that have 1% knowledge and 99% worthless talk 🤷♂️
Nothing goes up straight, all you need to know is we are in a bull run. You cant shake me out 💁♂️
These Crypto Assets Dumped the Most as the Total Market Cap shed Over 200B (Weekend Watch)
$BTC Bitcoin’s price took a massive turn to the worse yesterday with a decline that pushed it south by about five grand in hours. The altcoins’ losses were even more significant, which is evident by the rising BTC dominance. Many meme coins dumped by over 20%. BTC’s Crash The business week was actually going relatively well for the primary cryptocurrency. The asset had a strong start on Monday when it pumped to a four-week peak of over $72,500 amid the growing demand for the spot ETFs. It failed
Factors Backing Prosper’s Assertions The prominent XRP community member further highlighted several factors he believes support his assertion. First, he mentioned the recent Second Circuit ruling in the SEC v. Govil lawsuit, where the court denied the commission’s request to reverse its decision on disgorgement. Notably, the court held that the SEC is not entitled to disgorgement from the seller if the buyer suffers no financial losses. Second, Prosper characterized the SEC’s remedies-related br
$BTC Bitcoin and other major cryptocurrencies experienced a sharp decline yesterday, disrupting levels that have been consistent for most of this week. The upcoming Bitcoin halving event, which will reduce the token supply, is seen as an important trigger for cryptocurrencies. “Bitcoin seems to have seemingly lost direction,” said Yuya Hasegawa, an analyst at crypto exchange Bitbank. Despite the uncertainty surrounding the FED's future interest rate decision, Hasegawa believes Bitcoin has the potential to test $74,000 in the short term. The halving event, a scheduled change in Bitcoin's monetary policy scheduled for around April 20, will halve the issuance of new tokens. This restriction on supply comes at a time when demand for BTC is increasing due to spot Bitcoin ETFs. “Typically, in the weeks and months following previous halving events, we see a reduction in Bitcoin issuance resulting in a supply shock, which pushes Bitcoin and the rest of the digital asset market upward,” said Jess Houlgrave, CEO of blockchain technology group WalletConnect. and added: “I expect something similar to happen this time, but there is potential for a more serious breakout because demand is now so high.”