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Bitcoin Halving News Updates: Bitcoin Completes 4th Halving; BTC Inches Higher

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Bitcoin Halving News Updates: Bitcoin completed its much-awaited fourth halving. Post the halving, market sentiments soared clouds high, with the broader crypto industry even witnessing a substantial price rebound. A plethora of events in tandem with the BTC halving event unfolded in the past 24 hours, primarily attributed to the paradigm shift this event presents itself with.

At the press time, Bitcoin price inched nearly 1.3% higher to stand at $63,595.82.  It’s worth noting that Bitcoin slipped below the $60K mark earlier in the trading day, resulting primarily from geopolitical tensions between Iran and IsraelHowever, with the halving frenzy weighing in, Bitcoin embarked upon a prompt upward momentum, garnering significant investor optimism on the token.

Additionally, Bitwise CIO Matt Hougan is optimistic about the Bitcoin halving. The notion that surplus demand must virtually entirely pursue Bitcoin from those who don’t need to sell is a good one, he claims, adding that the market has undervalued the long-term desire for the cryptocurrency.

Intriguingly, with this halving event, the Bitcoin block reward halves, slipping from 6.25 to 3.125. Listed below are some of the latest updates from the industry.

Live
06:31:30 AM IST, 20 April 2024

Bitcoin Halving News LIVE: Bitcoin Mining Stocks Rise With Halving Momentum in Play

After weeks in the red zone, the enthusiasm for bitcoin mining stocks has returned a few hours before the halving. The Middle East’s tensions caused technology stocks to expand slowly in the market, while stocks and cryptocurrency assets continued to correlate.

 

06:07:12 AM IST, 20 April 2024

Bitcoin Halving News LIVE: Bitcoin Prices Inch Higher Post Halving

With the completion of the fourth halving, Bitcoin prices also rose as market optimism continued. After briefly tough an increase of 1.5%, the price hovered near a 1% rise.

05:45:26 AM IST, 20 April 2024

Bitcoin Halving News LIVE: Bitcoin Completes Its Fourth Halving

Bitcoin completed its fourth halving during the early hours of April 20th.

05:33:20 AM IST, 20 April 2024

Bitcoin Halving News LIVE: Bitcoin Miners' Reserves Fall to a 12-Year Low Ahead of the BTC Halving

According to information from IntoTheBlock, miners’ reserves of bitcoin have declined significantly. As the market anxiously anticipates the impending Bitcoin halving event, these reserves are at their lowest point in the previous 12 years. Leading mining pools, represented by Viabtc, Bitfury, and Antpool, currently possess 1.92 million BTC. The reserve has been declining during this time, whereas mining outflows have increased by 52%.

04:40:20 AM IST, 20 April 2024

Bitcoin Halving News LIVE: 6 Blocks Remaining Until Halving; Market Turns Bullish

The Bitcoin Halving is getting closer, with just six blocks remaining. The mining industry may change dramatically as a result of the halving of Bitcoin (BTC), leading to a concentration of power. With the halving approaching, the market is becoming increasingly positive.

 

04:06:02 AM IST, 20 April 2024

Bitcoin Halving News LIVE: Bitcoin Halving Now Only 10 Blocks Away

Bitcoin Halving approaches nearer with only 10 block left. The halving of Bitcoin (BTC) has the potential to significantly alter the mining industry and increase power concentration.

03:38:57 AM IST, 20 April 2024

Bitcoin Halving News LIVE: Bitcoin Halving to Create Quick Acceptance for BTC

Anticipation among the market increases as the halving approaches. Industry watchers claim that the halving of Bitcoin has created the conditions for this cycle’s quick acceptance, and they emphasize the need of timing one’s actions carefully and understanding market cycles.

03:23:04 AM IST, 20 April 2024

Bitcoin Halving News LIVE: Only 17 Blocks Left Before Bitcoin Halving Hits Markets

Bitcoin Halving approaches nearer with only 17 block left. The halving of Bitcoin (BTC) has the potential to significantly alter the mining industry and increase power concentration.

 

02:21:22 AM IST, 20 April 2024

Bitcoin Halving News LIVE: Bitcoin Halving Casts Effect on Entire Crypto Market

As investors excitedly await the Bitcoin Halving, which is scheduled to take place in a few hours, cryptocurrency markets soared on Friday, with a 47.5% jump in total crypto liquidations reaching $258.7 million and a more than double gain in total exchange inflows.

01:49:53 AM IST, 20 April 2024

Bitcoin Halving News LIVE: Rising Energy Cost to Likely Impact the Bitcoin Halving Bull Run

Finally, the fourth Bitcoin halving is here. But in contrast to past halving occurrences that have signaled seismic bull markets and all-time high prices for Bitcoin, the original cryptocurrency’s rise following the 2024 “halvening” might be impeded, among other things, by excessive energy usage.

01:01:06 AM IST, 20 April 2024

Bitcoin Halving News LIVE: The Halving of Bitcoin Is a "Price Non-Event," According to Experts

Although significant, the impending Bitcoin halving is predicted to be a “price non-event,” according to Nigel Green, CEO of the international independent asset management and financial advisor deVere Group.

Implied volatility for the original cryptocurrency has grown in the run-up to the event, suggesting that there may be further price volatility surrounding this quadrennial event. The CEO of deVere, however, cautions against making bold predictions based only on this volatility because price fluctuations may not always result in favorable results.

12:36:49 AM IST, 20 April 2024

Bitcoin Halving News LIVE: Grayscale Bitcoin ETF Faces $1.6B Outflows as Bitcoin Halving Nears

As the Bitcoin halving event approaches, Grayscale’s spot Bitcoin ETF (GBTC) has reported substantial capital withdrawals. In the past five days alone, investors have withdrawn $89.9 million, a net outflow of $1.6 billion since January. This is indicative of growing investor sentiment in the broader market.

11:52:49 PM IST, 19 April 2024

Bitcoin Halving News LIVE: US Stocks Trade in Mixed Territory Ahead of Halving

While the S&P 500 dropped below a crucial psychological threshold in today’s stock market and the tech sell-off intensified, the Dow Jones Industrial Average stood out and saw positive action in Friday afternoon sessions. In the lead up to the fourth halving event, indices were mixed, with Bitcoin hovering around to $64,000.

11:38:27 PM IST, 19 April 2024

Bitcoin Halving News LIVE: Bitcoin Halving Impact to Be Varied for Different Investors

The “halving” of Bitcoin is anticipated to occur shortly. However, the possible impact varies based on the connection to the coin; investors and miners are probably going to be affected in various ways.

“This halving is not that big of an issue to the folks who possess bitcoin because they believe it to be a decent store of currency. But it’s a big thing to the miners, said Omid Malekan, a Columbia Business School adjunct lecturer.

10:51:33 PM IST, 19 April 2024

Bitcoin Halving News LIVE: Terra Classic Poised for Positive Momentum Ahead of Bitcoin Halving

Ahead of the Bitcoin Halving, investors in Terra Classic are ecstatic about the prospect of a perhaps bigger bullish breakout on Friday. The rise in the price of Bitcoin that day, which recovered some of its earlier losses and peaked at $65,000, has also altered the picture for the entire cryptocurrency industry. This weekend could see a rally if the price of LUNC maintains the strengthening technical structure supported by optimistic market mood.

10:25:10 PM IST, 19 April 2024

Bitcoin Halving News LIVE: Bitcoin Halving Inches Closer With Just 50 Blocks Left

The most anticipated Bitcoin Halving now remains nearly 50 blocks away. With the approaching halving, the market is also placing bets about the future course of OG-cryptocurrency.

10:06:10 PM IST, 19 April 2024

Bitcoin Halving News LIVE: BitMEX Research Terms Upcoming Halving Unique

The forthcoming Halving will be significantly closer to Bitcoin’s difficulty adjustment than the first three halvings. In particular, BitMEX Research declared in a tweet that a difficult adjustment period will see a halving of BTC emissions two-thirds of the way through.

09:19:23 PM IST, 19 April 2024

Bitcoin Halving News LIVE: Coinbase Sees Macroeconomic Backdrop Driving Market Post Halving

Even if the fundamentals of the cryptocurrency space are still solid, Coinbase  stated in a research paper on Thursday that the path of digital asset markets in the wake of the bitcoin (BTC) halving is more likely to be determined by macroeconomic variables.

08:54:01 PM IST, 19 April 2024

Bitcoin Halving News LIVE: JP Morgan CEO Downbeats Bitcoin While Market Stays Bullish on Halving

The CEO of JP Morgan returns to some of his old jabs, referring to Bitcoin as a “decentralized Ponzi scheme.” Although he referred to Bitcoin as a “public decentralized Ponzi scheme,” he did acknowledge the usefulness of smart contracts and blockchain. Dimon has stated that authorities need to “shut it down” if the problematic use cases cannot be resolved.

08:26:04 PM IST, 19 April 2024

Bitcoin Halving News LIVE: Bitwise CIO Matt Hougan Stays Bullish on Bitcoin Halving; Sees Long-Term Demand

Bitwise CIO Matt Hougan is optimistic about the Bitcoin halving. The notion that surplus demand must virtually entirely pursue Bitcoin from those who don’t need to sell is a good one, he claims, adding that the market has undervalued the long-term desire for the cryptocurrency.

08:01:40 PM IST, 19 April 2024

Bitcoin Halving News LIVE: Michael Saylor Scoops Profits With MicroStrategy Share Sale Ahead of Bitcoin Halving

With the selling of MicroStrategy shares this year, Bitcoin advocate Michael Saylor has profited $370 million. A stock-sale deal was made last year between MicroStrategy and its founder, allowing him to sell his shares of the company until April 2024. On Wednesday, he also sold shares worth $3,023,309 with sales prices for these shares between $1,189.12 and $1,258.05.

The move comes right before Bitcoin halving as BTC price rallied to a new all time high.

07:32:18 PM IST, 19 April 2024

Bitcoin Halving News LIVE: Only 70 Blocks Left To Halving!

With only hours remaining for the upcoming halving event, the block height on the BTC network further shredded to land at 70, highlighting imminent reduced rewards for miners. This shrouds a cloud of an enigma over BTC’s price movements post-halving.

07:14:11 PM IST, 19 April 2024

Bitcoin Halving News LIVE: Analyst Points Out Bitcoin Peak Post-Halving

Crypto market analyst Rekt Capital recently took to a post on X to discuss Bitcoin’s market dynamics, drawing comparisons with historical data. The analyst spotlighted Bitcoin’s previous bull market cycles, stating that the BTC token peaked 518-546 days after the last Halving event.

However, with the token showcasing signs of an accelerated cycle, as it reached its recent ATH roughly 260 days ahead of its schedule, further accompanied by its pre-having corrections, a peak could be witnessed by December 2024 or February 2025.

 

06:54:41 PM IST, 19 April 2024

Bitcoin Halving News LIVE: Bitcoin Hashrate Reaches Unprecedented Levels

Amidst the rising BTC halving frenzy, Bitcoin’s hashrate scaled new heights, reaching 650.35EH/s, with the mining difficulty now standing at 86.39 trillion. This underscored a positive sentiment for Bitcoin in the market, attributing to increased security on the network, accompanied by stability, reliability, and increased confidence among miners.

06:12:44 PM IST, 19 April 2024

Bitcoin Halving News LIVE: Binance Co-founder Shares Key Insights On BTC Halving

In a post shared on X today, Binance CEO ‘CZ’ Changpeng Zhao stated that Bitcoin halving is nothing like stock splits. He further ruled out past price movements, suggesting that Bitcoin will hit multiple ATHs (All-time-high) in the long-run post-halving.

05:51:05 PM IST, 19 April 2024

Bitcoin Halving News LIVE: Only 91 Blocks To Halving!

The crypto market braces itself for the upcoming BTC halving as only 91 blocks remain. With only hours to go, crypto investors appear to be on their toes, expecting the event to impact BTC’s price action.

05:28:27 PM IST, 19 April 2024

Bitcoin Halving News LIVE: Bitcoin Price Hits $65K

Following a noteworthy price rebound embarked upon by Bitcoin, the BTC token briefly topped $65K as of press time. With a 3.59% surge in the past 24 hours, BTC topped $65K despite its recent slip below $60K, nabbing global attention.

05:25:09 PM IST, 19 April 2024

Bitcoin Halving News LIVE: Bitwise CEO Anticipates BTC to Hit $100K Following Halving

Bitwise CEO Hunter Horsley recently took to a post on X, illustrating a sense of bullishness on  BTC to hit $100K post-halving. He attributed this anticipation to historical data on BTC’s price movement.

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