– Bitcoin has experienced its fourth “halving,” a major event that occurs roughly every four years.- With each halving, rewards paid to Bitcoin miners are reduced by 50%, reducing supply and increasing demand.- Halvings have historically had a significant impact on the price of Bitcoin and the broader cryptocurrency market, affecting miners, users, investors and sellers in a variety of ways.CryptoWorld has been buzzing for months with news of the imminent arrival of a fourth Cryptoworld. bitcoin halving, which finally happened on April 19th. This means that the reward paid to Bitcoin miners has decreased from 6.25 BTC to 3.125…
Author: Crypto Flexs
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Share this article Bitcoin (BTC) halving is poised to reshape the mining landscape and could potentially lead to greater centralization of power. Jag Kooner, head of derivatives at Bitfinex, estimates that the expected pressure on miners’ profit margins could lead to the closure of smaller operations, leaving the sector to larger, more capitalized companies.“But these changes also provide opportunities for innovation and improved efficiency within the sector. Miners can explore new regions with cheaper energy sources or invest in more efficient mining technologies to remain profitable,” adds Kooner.Moreover, mining facilities can invest in developing more cost-effective machinery and use their…
join us telegram A channel to stay up to date on breaking news coverage Bitcoin price has fallen less than 1% in the past 24 hours. Traded for $64,252 As of 2:10 a.m. ET, trading volume was down 27% to $35.2 billion. This happens because the Bitcoin halving event, which takes place every four years, was triggered at block height 840,000. The launch of the Runes protocol sparked a frenzy on the Bitcoin blockchain as speculators sought to mint new digital tokens, resulting in average transaction fees per block soaring to 18.62 BTC. A medium-priority transaction costs $146, while a…
It’s still unclear whether cryptocurrency video game “Nyan Heroes” will be a long-term success, but developer 9 Lives Interactive believes there’s a lot to be encouraged about following the game’s limited pre-alpha release on the Epic Games Store. .After a two-week run on the popular online game store “Nyan Heroes”, the game ranked among the top 30 most played games, with more than 200,000 users downloading the web3 title, according to 9 Lives Interactive. The title is also listed as one of the top games to be added to your “wishlist” on the Epic Games Store.“There was still some jank…
Cryptocurrency analyst Ali Martinez drew Cardano (ADA) community Pay attention to important indicators that can make you optimistic about the price of Cardano. According to his analysis, the cryptocurrency token could experience a rally that could push it up to $1. Cardano could soon experience a 75% price increase Martinez mentioned in X (formerly Twitter) post Cardano could see “another impressive bounce” as its Market Value to Realized Value (MVRV) falls below -22%. He noted that the last time the MVRV ratio fell below -22%, the price of ADA rose more than 75%. An increase of more than 75% from…
Over 1,000 Builders, Partners, Investors, and Enthusiasts Gather at First Global Event to Celebrate Sui – Chainwire housenewsroomMore than 1,000 builders, partners, investors and enthusiasts gathered at the first global event to celebrate Sui. We use cookies to make your experience on Chainwire’s website better. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting communications over electronic communications…
A lot has happened in the Ethereum ecosystem over the past few weeks. There are so many that it can be difficult for the casual observer to understand where we are and what is available there. So I’d like to do my first post here to give you an overview of the tools we’ve built and how you can use them to build interesting things. right now. First, let me give you a brief introduction. My name is Alex Van de Sande and I am the lead designer at the Ethereum Foundation. At DevconOne I gave a talk titled: “Blockchain…
BNB price has not fallen below previous lows and is showing strong signs of upward movement. After a downtrend, Binance Smart Chain’s native token is aiming for an upward bounce towards its previous highs. Technical indicators pointing to a continued upward trend for BNB Several indicators can be used to examine the charts to figure out where the BNB price is headed next. 4-Hour MACD: A technical look at the 4-hour MACD indicator shows that the MACD histogram is trending above the 0 line, with both the MACD line and the signal line crossing, pointing towards the 0 MACD line.…
The bilateral talks aim to strengthen economic ties and AI deployment.The United States and Nigeria are deepening cooperation in the digital economy and artificial intelligence (AI), heralding a new era in their relationship focused on technological advancement and economic growth. The announcement came at the closing ceremony of the four-day National Artificial Intelligence Strategy Workshop held in Abuja. Here, the U.S. Embassy’s Deputy Chief of Mission, Arthur Brown, outlined plans for future discussions.Upcoming AI conference in LagosAccording to Brown, in the next two weeks, senior U.S. government officials will gather in Abuja for an important meeting hosted by the U.S.-Nigeria…
with Bitcoin BTC -0.010% Recent half-life It is estimated that this will occur around 9 PM ET today when miners’ block subsidy rewards will be slashed from 6.25 BTC to 3.125 BTC. We asked several companies in the industry what impact this could have on Bitcoin price action.The Bitcoin halving (or “halving” as some call it) is associated with significant fluctuations in the price of the cryptocurrency. Although not a direct cause and effect relationship, these events often occurred prior to significant uptrends in the Bitcoin market. After Bitcoin price halving. Image: Bernstein.“Historically, Bitcoin has experienced significant price increases in…