News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
Bitcoin’s latest halving event, when miners’ block subsidy reward is cut from 6.25 BTC to 3.125 BTC, is estimated to occur around 9 p.m. ET today.We asked several firms in the industry what impact Bitcoin’s fourth halving could have on the price of the cryptocurrency going forward.
The traditional financial giant predicts a slump in Bitcoin price following the halving.
Bitcoin’s halving event is currently estimated to occur at around 8:30 p.m. ET today. We asked several firms in the industry what impact Bitcoin’s fourth halving will have on miners as the block subsidy reward gets cut from 6.25 BTC to 3.125 BTC.
Bitcoin proponents argue the halving could have a big impact through the reduction of new supply. However, some say that this will have a minimal effect that will only impact some miners.
- 22:26SHIB price breaks above $0.00002175 per coin, up 3.72% on the dayShiba Inu today's market news, SHIB latest price: $0.00002175, up 4.517% in 24 hours, volume $344 million As you can see from the k-chart, it is now in an oscillating trend. It fell sharply from 18:00 and recovered from 16:00. When prices rise and trading volume falls, it usually means that the market's upward momentum is weakening and the number of buyers is decreasing. This volume-price divergence is usually due to a lack of selling. In this case, prices may retrace or move sideways in the future. Due to the lack of volume support, price rises are unsustainable and one needs to be wary of the risk of a pullback from higher levels. Investors should pay attention to whether the trading volume can match the price rise and whether there is new buying into the market. Trading volume is decreasing and prices are rising. Judging by the Williams Indicator, it now falls into the category of not overbought and oversold. Recently the trading volume has decreased, the trading volume is lower than in the previous hours, the price is rising and the trading volume is decreasing: the upward momentum is weakening. The market's upward momentum is weakening, so it is recommended to stay on the sidelines and keep an eye on trading volume and new buying. The above is for reference only and does not constitute investment advice.
- 22:25Michael Saylor: MSTR's Financial Operations Generated 1440 BTC Last WeekMichael Saylor posted, “MSTR generated 1,440 BTC from financial operations last week, which equates to $138.2 million in shareholder value at $96,000 per BTC.
- 21:49Meme Project Neiro Announces Another 32.45 Million DOG Tokens HoldingOn January 14th, Neiro, an ethereum Meme project, officially announced that its community multi-signature wallet has once again purchased approximately 32.45 million OwnTheDoge (DOG) tokens. After this purchase, Neiro's total position reached about 106.66 million DOG tokens, accounting for 0.63% of the total DOG token supply.