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Bitcoin (BTC) may not have pumped at the scale expected by many halving optimists, but Wall Street billionaire Michael Novogratz insists that the price will hit $20,000 by year-end. The Galaxy Digital founder and chief executive officer on Monday told CNBC that bitcoin’s surge was inevitable in light of the record money printing by world … Read more
A new Chinese mining pool swiftly takes 5% of the Bitcoin mining pie, while its origins remain unknown. Go to Source Powered by WPeMatico
Monday may have been uneventful for Bitcoin’s price, but it was a historic moment nonetheless. Go to Source Powered by WPeMatico
The number of Bitcoin addresses with balances less than 1 BTC has increased by more than 100% since the second halving in July 2016. Go to Source Powered by WPeMatico
Bitcoin halved successfully and even though BTC failed to rally investor sentiment remains bullish. Go to Source Powered by WPeMatico
In the final block, Miner f2pool immortalized a NY Times article highlighting the similarities between the 2008 financial crisis and today. Go to Source Powered by WPeMatico
The Bitcoin blockchain has experienced its third block reward halving on May 11, 2020, at approximately 3:21 p.m EST, even though quite a few countdown clocks estimated that the halving would occur on May 12. Bitcoin miners now get 6.25 BTC per block rather than the 12.5 BTC they acquired before the halving. On Sunday, … Read more
Bitcoin has just experienced a one-in-four-year event, its third halving, which has cut the miner block reward from 12.5 BTC to 6.25 BTC. Go to Source Powered by WPeMatico
The average transaction cost for Bitcoin (BTC) soared 414% in the days before the halving, peaking at $3.19 on May 8, from as low as $0.62 on April 26. This is the highest price bitcoiners have paid for a transaction on the network in ten months, according to data from Bitinfocharts. Fees are paid each … Read more
Bitcoin’s price saw wild volatility leading up to the halving. Top crypto traders discuss where the price is likely headed to next. Go to Source Powered by WPeMatico
