Bitcoin will halve around April 2024. Despite challenges to miner revenue in the short term, underlying on-chain activity and positive market structure updates make this halving different on a fundamental level.
JinseFinanceThe upcoming 2024 Bitcoin halving sparks anticipation, driven by historical retracement patterns. While challenges in predicting price movements persist, a blend of excitement and apprehension defines the community's sentiment, highlighting potential retracement possibilities.
BerniceAs market conditions improve across the board, digital assets will rebound sharply in 2023; with the upcoming launch of a Bitcoin spot ETF, institutional interest is also accelerating. Looking forward to 2024, we will see many important developments and progress.
JinseFinanceBoth on-chain valuations and network metrics suggest that Bitcoin remains in a bull cycle.
JinseFinanceThe event will double the bitcoin production cost to around $40,000, creating a positive psychological effect, the report said.
CoindeskBitcoin has gone through a halving event three times in its history – in November 2012, July 2016, and May 2020.
FinboldThe last Bitcoin halving took place on May 11, 2020, and the next bitcoin halving will likely occur in 2024.
CoindeskBitcoin’s hashrate is reaching all-time highs, and it’s causing confusion about “the halvening” on Twitter.
CoindeskHash rate on the bitcoin network has hit a new all-time high of 281.79 million TH/s, and its next halving dates is projected to be as early as Q4 2023.
BeincryptoThe Bitcoin hash rate hit another all-time high and the 105,000th block since the last halving was mined, marking the halfway to the next halving.
Cointelegraph