The post Bitcoin Halving Might Trigger A âSell The News Eventâ:Hereâs How BTC Price Could React appeared first on Coinpedia Fintech News Bitcoin (BTC) halving is an event where the reward for mining a BTC block is reduced by half every 210,000 blocks, approximately every four years. As this event is just under 70 blocks away, the BTC price has rallied from its recent low of below $60,000 on Wednesday, targeting a retest of the $65,000 mark. Nevertheless, there could be a potential selloff following the halving due to a growing âsell the newsâ sentiment. Hereâs How BTC Price Might React Experts suggest there may be an immediate âbuy the rumor, sell the newsâ impact on Bitcoinâs price surrounding the halving event. Vetle Lunde, a senior analyst at K33 Research, believes that the effects of reduced BTC issuance will take months to manifest, and therefore does not anticipate a significant rally either before or immediately after the halving. This view is supported by analysts at Deutsche Bank, who note that the market has likely already partially accounted for the Bitcoin halving. They do not expect a substantial price increase following the event, given its anticipation due to the predictable nature of Bitcoinâs algorithm. Looking forward, they expect Bitcoin prices to remain higher, influenced by expectations of future regulatory changes, potential central bank rate cuts, and approvals for spot Ethereum ETFs. Data from CryptoQuant shows that big investors and Exchange Traded Funds (ETFs) are buying less Bitcoin. This reduction is probably due to worries about the market and upcoming changes from the Bitcoin halving event. Analysts anticipate a potential Bitcoin price dip to $62,000 post-halving due to short-term selling by miners. Yet, this drop could spark investor interest, leading to a subsequent price rebound. Expertsâ View On Bitcoin Price Binance CEO Richard Teng noted that historically, Bitcoin has seen significant price increases in the six months following each halving event. He added that Bitcoin has achieved new all-time highs in the four-year intervals between previous halving events. Every time a Bitcoin halving event is near, people often discuss whether its effects are already factored into the price. Unlike previous cycles, Bitcoin reached a new high of $73,836 just before the fourth halving on March 12, leading analysts at the cryptocurrency exchange Coinbase to suggest earlier this month that the halving might have been priced in. Investment bank JPMorgan does not anticipate increases in Bitcoin prices following the halving, as they believe these effects have already been considered in the market prices. They also noted potential reasons for expecting a decrease in Bitcoin prices after the halving. Greg Beard, CEO of Stronghold Digital Mining, stated that while some base their predictions of rising Bitcoin prices on technical analysis, he focuses on the fundamental principles of supply and demand, which lead him to similarly promising conclusions. Bitcoin may be overbought, analysts say, but John Glover, CIO at Ledn, urges patience regarding the market impact of reduced supply.
The post Will Bitcoin Halving Spell Doom or Opportunity for Meme Coins like Shiba Inu (SHIB) and Furrever Token (FURR)? appeared first on Coinpedia Fintech News As Bitcoinâs halving approaches, the cryptocurrency market is bracing for potential shifts in sentiment and valuation. This event historically impacts various segments of the crypto space, including meme coins like Shiba Inu (SHIB) and Furrever Token (FURR). While some anticipate increased volatility and uncertainty, others see it as an opportunity for these meme tokens to assert their resilience and utility. The looming halving prompts questions about how these tokens will fare amidst the evolving landscape of digital assets, making it a crucial moment for investors to gauge their strategies and assess the potential risks and rewards. So, What Is This âBitcoin Halvingâ That Everyone Talks About? Bitcoin halving, a pivotal event in the Bitcoin protocol, unfolds roughly every four years or after every 210,000 blocks mined. This process entails reducing the rewards miners receive for validating transactions on the Bitcoin network, halving the number of new Bitcoins created with each block. As a fundamental aspect of Bitcoinâs monetary policy, halving serves to regulate its supply over time. Initially set at 50 bitcoins, the block reward undergoes successive reductions with each halving event. Previous halving dates include November 28, 2012, which saw the reward decrease to 25 bitcoins, followed by July 9, 2016, when it halved to 12.5 bitcoins. The most recent halving occurred on May 11, 2020, reducing the reward to 6.25 bitcoins. Anticipated around April 2024, the next halvingâexpected around the 20th or 21st of Aprilâwill further diminish the block reward to 3.125 BTC. This impending event profoundly impacts miners, investors, and the broader market landscape, shaping the trajectory of Bitcoinâs supply dynamics and market behavior. How Does It Work? The process of halving is fundamental to Bitcoinâs design and serves multiple purposes. Firstly, it ensures that the total supply of Bitcoin is finite, with a maximum cap of 21 million coins. By gradually reducing the rate at which new Bitcoins are introduced into circulation, halving events contribute to the scarcity of Bitcoin, a feature often cited as one of its key value propositions. This scarcity is intended to mimic the properties of precious metals like gold, which are also limited in supply. Is There Any Impact on Markets, Miners, or Investors? From a market perspective, Bitcoin halving events have historically been associated with increased volatility and speculation. As the supply of new coins decreases, there is often anticipation of a corresponding increase in demand, driven by factors such as growing adoption, institutional interest, or macroeconomic uncertainty. This heightened demand can lead to upward pressure on Bitcoinâs price as investors seek to accumulate coins in anticipation of potential future appreciation. However, the impact of halving events on miners can be more nuanced. While halving reduces the rewards miners receive per block, it also serves to increase Bitcoinâs scarcity and, by extension, its value. Miners who continue to operate efficiently and at lower costs can still remain profitable, especially if the price of Bitcoin rises post-halving. However, for less efficient miners or those operating with higher costs, the reduction in block rewards can significantly impact their profitability and may lead to consolidation within the mining industry. For investors, Bitcoin halving events present both opportunities and risks. On one hand, the anticipation of reduced supply and potential price appreciation can incentivize accumulation and long-term investment strategies. On the other hand, heightened volatility and uncertainty surrounding the event may lead to short-term fluctuations in price, creating challenges for traders seeking to time the market effectively. Ultimately, the long-term implications of Bitcoin halving events depend on a variety of factors, including market sentiment, adoption trends, and macroeconomic conditions. Understanding SHIBâs Prospects Post Bitcoin Halving If Shiba Inu mirrors its previous surge, it could potentially experience a significant uptrend after the Bitcoin halving, reaching as high as $0.006539, reflecting a remarkable increase of up to 30,385%. With the Bitcoin halving imminent, discussions on its potential impact on Bitcoinâs price intensify. Occurring approximately every four years, this event aims to reduce the daily inflation rate of new BTC tokens, which has historically led to rapid price surges in Bitcoinâs post-halving value. SHIB has historically capitalized on broader crypto market trends, witnessing an astronomical surge of 303,851% from February 1, 2021, to October 2021, reaching its all-time high of If Bitcoin replicates its previous post-halving surge of 711%, reaching approximately $513,000, and SHIB mirrors its historical surge, investors could anticipate SHIBâs price soaring from its current level of $0.00002145 to $0.006539, capturing a fraction of its previous surge, around 30.385%. Unlocking the Potential: How Bitcoin Halving Could Catapult Furrever Token (FURR) Post-Presale Furrever Token (FURR) presents a unique proposition in the crypto space, leveraging the universal appeal of cute kitties to create a whimsical and heart-warming ecosystem. With its emphasis on fun and community engagement, FURR aims to stand out amidst the sea of serious blockchain projects. The tokenomics of Furrever Token are structured to ensure a fair distribution, with 65% available during the presale stage, facilitating broader community participation. The teamâs commitment to security and compliance is evident through the smart contract audit received from Securi Lab and the implementation of safety measures. As Furrever Token progresses through its presale stages, already halfway through within just one month, investors are increasingly drawn to its potential for up to 15X returns, with the current price at $0.000564. Looking ahead, the impending Bitcoin halving event could serve as a catalyst for FURRâs price post-presale. Historically, Bitcoin halving events have triggered significant price rallies in the broader crypto market, and FURR could benefit from this upward momentum. As investors seek alternative investment opportunities amidst the evolving market dynamics, Furrever Tokenâs unique value proposition and strong community engagement could position it favorably for substantial growth post-presale. With its launch planned on DEX (PancakeSwap) and a variety of payment options accepted, including USDT (BEP-20), Furrever Token offers accessibility and convenience to investors. As the project continues to gain traction and legitimacy, investors are increasingly turning their attention to FURR as a promising investment option in the meme coin space.Secure the Most Exclusive Presale Opportunity of 2024 Today!Furrever Token Official Website |  Visit Furrever Token Presale Join Official Telegram Group    |  Follow Official X Account
The blockchain is emerging as a critical security-provider for decentralized apps and as an asset with newfound utility and interoperability.
Powered by younger, affluent cardholders, American Express saw a 6% increase in billed business during the first quarter, while weak growth still plagues its small-business segment.
The post Becoming A Millionaire in Crypto: Shiba Inu (SHIB), Ripple (XRP) and Rebel Satoshi Arcade (RECQ) appeared first on Coinpedia Fintech News TLDR The best altcoins to watch for significant gains this year are none other than Shiba Inu, XRP and Rebel Satoshi Arcade. Rebel Satoshi Arcade is on a bullish adoption path thanks to its blend of GameFi, memes and NFTs. Experts predict a 100x upswing after Rebel Satoshi Aracadeâs launchâa must-have coin. At the end of the day, the goal is to make it in the crypto space, besides the tech, of course. While there are several promising altcoins, the ones topping the list are Shiba Inu (SHIB), Ripple (XRP) and Rebel Satoshi Arcade (RECQ). These coins are the most bullish altcoins you can hold to become a crypto millionaire, from memes to Layer 1 and GameFi. Buzzing with potential, these are must-have coins in this yearâs bull marketâdonât miss out. Rebel Satoshi Arcade (RECQ): Becoming a Crypto Millionaire Rebel Satoshi Arcade (RECQ) begins this list, brimming with potential and promises. As one of the most promising new ICOs, the massive presale turnout is unsurprising. No one wishes to be left out, after all. While it combines memetic features, it will be so much moreâa memecoin with potential. With an air of defiance, it aims to challenge centralization and promote empowerment, positioning its ecosystem as a force to be reckoned with. If you missed out on Rebel Satoshi (RBLZ), the governance coin within the two-system ecosystem, RECQ has been hailed as the best new crypto to invest in. The ecosystem will feature thrilling and immersive arcade games, ranging from play-to-earn, free-to-play and pay-to-playâthere is something for everyone. Further bolstering the ecosystem are multi-trait rare NFTs and merchandise, with RECQ as the utility coin. Regarding its potential, analysts couldnât be more bullish, predicting a 100x upswing from its current price of $0.0037. This makes it one of the best cryptos to invest in, along with Shiba Inu and XRP. Shiba Inu (SHIB): Riding the Marketâs Bullish Wave Shiba Inu (SHIB) is the second-largest and most popular memecoin. You guessed the first right: Dogecoin (DOGE). Its competitive advantages include its low entry point. You donât need to break the bank before positioning yourself for massive gainsâa very budget-friendly coin. Bearing the above in mind, Shiba Inu is among the most compelling ways to become a crypto millionaire. Analysts are bullishâas expectedâpredicting a 25x upswing during the thick of the bull market, making it one of the best coins to invest in. Hence, Shiba Inu is more than just one of the marketâs top altcoins; it is among the best cryptos to buy now. As it races to a new peak and price discovery, it is a bullish wave not to miss out on if you seek face-melting gains. Ripple (XRP): Preparing For a Massive Bounce The troubled Ripple (XRP) coin is among the best altcoins to invest in for good reasons. It is trading significantly below its all-time high of $3.84âby over 80%. The implication is that it boasts significant upside potential, with its next big jump set to be one of the biggest. While it is among the top crypto coins, it is one of the least performing altcoins currently, bowing to bearish pressure amid its regulatory uncertainties. As the ongoing legal tussle with the US SEC drags on, XRPâs price has plummeted. Its last significant upswing was in mid-2023, after its partial victory against the SEC. However, at its current price, XRP is one of the best altcoins to buy. As the bull market shifts gears and momentum intensifies, Ripple is expected to skyrocket, tipped to be one of the biggest movers. You can ride this bullish wave by HODLing at the current priceâa very promising altcoin. Conclusion To become a crypto millionaire, the top coins to consider are XRP, Shiba Inu and Rebel Satoshi Arcade. Their impending upswing makes them must-have cryptos and bullish waves not to miss out on, especially Rebel Satoshi Arcade. If you wish to become one of the early holders and ride its bullish wave to the fullest, follow the link below.For the latest updates and more information, be sure to visit the official Rebel Satoshi Website or contact Rebel Red via Telegram.
The post XRP Experiences an Uptick in Trading Volume; AI Cryptoâs Hype Explodes appeared first on Coinpedia Fintech News XRPâs trading volume recently escalated by more than 92% to hit $4.8 billion thanks to heightened interest in its ecosystem. On the other hand, Borroe Finance ($ROE) has become the talk of the crypto town since it presents a paradigm shift in Web3 revenue financing based on its AI-driven and NFT-based marketplace. >>BUY $ROE TOKENS NOW<< Borroe Finance Intends to Revolutionize the Web3 Landscape Given that Web3 is a game-changer that will usher in the next internet era, Borroe Finance is showing its steadfast commitment to take this sector to the next level by eliminating liquidity challenges. As a result, Borroe Finance is crafting a name for itself as one of the top DeFi projects that is rendering real-world solutions to pressing issues. Borroe Finance attains this objective by enabling Web3 players to get instant short-term capital by collateralizing their future earnings already converted to non-fungible tokens (NFTs). These NFTs can later on be resold on secondary markets, making Borroe Finance a force to be reckoned with when it comes to wealth creation. By offering Web3 participants with immediate capital, Borroe Finance has shown its long-term objective of spurring innovation and lowering the barrier to entry in this sector, demonstrating that itâs a top crypto to buy. Since how to get into cryptocurrency is usually a daunting task for newcomers, Borroe Finance serves as an ideal stepping stone towards entering the crypto space thanks to its long-term objective of transforming the Web3 sector by onboarding more players. Borroe Finance Records an Impressive ROI Given that which crypto to buy today for long-term is usually a major concern for investors, Borroe Finance is filling this spot exceptionally well because in the eyes of many experts itâs a Web3 catalyst. As a result, investors are continuously joining the Borroe Finance ecosystem, with a remarkable return on investment (ROI) being recorded. Borroe Financeâs governance token called $ROE is already witnessing a 100% gain at the final presale stage with a price of $0.02 compared to its value at the beta stage, which stood at $0.01. Therefore, $ROE is showcasing itself as the best new crypto to invest in because its value is speculated to continue increasing thanks to the deflationary tokenomics incorporated. Specifically, Borroe Finance deploys token burn strategies that slash $ROEâs circulating supply and this is bullish because its price is expected to continue rising as demand heightens. XRPâs Trading Volume Skyrockets With XRPâs trading volume recently hitting the $4.8 billion mark, this is a welcome move for the eighth-largest cryptocurrency based on market cap. This is because XRPâs growth has been a bit stagnant despite the recent bullish momentum in the crypto market that saw Bitcoin record a new all-time high (ATH) price of $73,800. XRP has been continuously ranging between the $0.5 and $0.7 zone, illustrating waning investor interest. Nevertheless, the narrative is different this time round as XRPâs trading volume surged by 92.36%, illustrating growing interest from a wider user base. Additionally, the Chaikin Money Flow (CMF) indicator recently hit 0.17, suggesting that XRP was witnessing heightened buying pressure as it continues to be one of the top altcoins. For close to three years, XRP was locked by a major uncertainty as the case between the United States Securities and Exchange Commission (SEC) and Ripple intensified. Nevertheless, XRP recently got a sign of relief after a U.S. court deemed the altcoin a non-security asset, and this has been playing an instrumental role in propelling the bullish momentum being witnessed. Learn more about Borroe Finance ($ROE) here: Visit Borroe Finance Presale | Join The Telegram Group | Follow Borroe Finance on Twitter
One of the closely watched indicators of retail interest is booming.
Riot Platforms, an enabler of Bitcoin (BTC) mining, announced that it energized the substation at the Companyâs Corsicana Facility.