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.
JinseFinanceBitcoin miners' recent sales and market resilience precede the halving event, stirring predictions of a significant price surge, potentially elevating Bitcoin to rival traditional store-of-value assets.
WeiliangAnthony Scaramucci predicts Bitcoin could surge to $170,000 post-halving, citing historical cycles and a 'conservative' estimate. Embracing Bitcoin's potential, industry leaders like Scaramucci and BlackRock's Larry Fink anticipate a transformative future, with the April 2024 halving event playing a crucial role.
JoyThe 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 $50,000 resistance level seems to be the line in the sand that separates certainty from doubt that Bitcoin has cast off the four-year cycle trend, according to Santiment.
CointelegraphThe 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