Scott Melker, also known as the “Wolf Of All Streets,” has explained why the upcoming Bitcoin halving could push the price of the cryptocurrency to $ 240,000. Noting that in the last halving cycle, bitcoin’s price went from the $ 20,000 high to the $ 69,000 high, he stressed that it’s an …
At the time of writing, we are now less than 80 days away from Bitcoin’s fourth halving event, where the block reward will decrease from 6.25 bitcoins per block to 3.125 bitcoins per block post-halving. As is customary, market expectations have swelled, fueling speculation about whether the 2024 halving will diverge from its predecessors. Anticipation […]
The crypto community is abuzz with anticipation for the upcoming Bitcoin network halving event, projected to occur on or around April 20, 2024. This event is sparking widespread speculation about its distinct importance. As the fourth Bitcoin halving nears, a theory of a potential major blockchain reorganization, fueled by the extraordinary worth of the halving […]
Recent statistics reveal that for the past 75 days, starting from Nov. 6, 2023, the average transaction fee on the Bitcoin network has consistently stayed over $ 5. Additionally, since Dec. 4, 2023, these fees have predominantly been over $ 10, with a single exception occurring when it briefly fell to $ …
Howard Lutnick, CEO of the renowned financial services company Cantor Fitzgerald, recently shared his insights on bitcoin and tether during an appearance at the World Economic Forum in Davos on Tuesday. Lutnick drew parallels between the fervor around spot gold exchange-traded funds (ETFs) and the anticipated trajectory of bitcoin. Howard Lutnick Projects Bitcoin Rally Post-Halving, […]