Category: Halving

Bitcoin sees second-longest bull market drawdown with BTC price ‘stuck’ at $30K

July 18, 2021

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It’s now three months since the last Bitcoin (BTC) all-time high, but one measure suggests that holders may be waiting even longer for the next. In a series of tweets on July 17, analytics service Ecoinometrics revealed that this year’s descent from all-time highs is the second-longest in Bitcoin bull market history. $30,000 may stay […]

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Four cryptocurrency block reward halvings to look out for in 2021

January 13, 2021

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Block reward halvings cut the rate at which new coins are generated on a given blockchain by 50%. Such events, known jokingly as “halvenings,” have long been anticipated by cryptocurrency traders as catalysts for pushing up the price of their cryptocurrency holdings. Past attempts to predict when Bitcoin’s (BTC) price would increase in relation to […]

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Zcash celebrates first halving with implementation of ‘Canopy’ upgrade

November 18, 2020

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The upgrade establishes a development fund for the next four years and removes the controversial “Founders Reward.” 4853 Total views 24 Total shares Privacy-focused cryptocurrency Zcash (ZEC) celebrated its first halving event on Nov. 18. The occasion was marked by the implementation of the Canopy upgrade, which establishes a development fund for the platform and […]

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Bitcoin miner revenue surges to pre-halving levels

November 6, 2020

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Miners are likely starting to sell some BTC at this point. 8058 Total views 41 Total shares As the Bitcoin (BTC) price is reaching its highest levels since January 2018, Bitcoin mining is getting more profitable due to a number of factors. According to data from Blockchain.com, BTC miner revenue has soared to levels not […]

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