News list for " halving"
According to Coinglass data, bitcoin has historically performed well in the first quarter of the second year after the halving, with specific data being: 539.96% in the first quarter of 2013; 11.89% in the first quarter of 2017; and 103.17% in the first quarter of 2021.
Bitcoin's "halving", the approval of Bitcoin and Ethereum spot ETFs in the United States, and Trump's victory have driven the market value of cryptocurrencies to soar. According to Coingecko data, the total market value of cryptocurrencies has risen from about $1.60 trillion at the beginning of the year to a peak near $4 trillion. Among them, the price of bitcoin rose by 120.88% throughout the year. It broke through the 80,000, 90,000 and 100,000 dollar mark within a month after Trump's victory,...
Gold Ten Futures, December 27th, Dashang: From January 1, 2025 to December 31, 2025, our firm will implement the following fee reduction measures, except for high-frequency traders identified by the exchange, and will be exempt from futures delivery fees. Exemption of standard warehouse receipt transfer payment collection and payment fees. Exemption of standard warehouse receipt as margin handling fees. Exemption of period cashback handling fees. Halving of hedging transaction fees.
CICC: From January 1, 2025 to December 31, 2025, the stock index futures and government bond futures delivery fees, stock index option call-over (performance) fees will be charged by half, except for high-frequency traders identified by the exchange.
Public chain Zilliqa tweeted that the proposal to halve mining rewards has been approved, and starting from October, monthly mining rewards will be reduced by 50% each month.
Rekt Capital compared Bitcoin's post-halving period in 2020 and 2024 and found a high degree of similarity. After both halving events, Bitcoin entered a phase of re-accumulation that lasted about 161 days. In 2020, the period ended in a parabolic rally as Bitcoin broke through its repeatedly tested resistance level. The support and resistance levels in both periods show continued testing and retesting for possible upward momentum.
The halving impact led to a decrease in fee income, and block subsidies became the main source of income for bitcoin miners. Of the $25.35 million miners earned per day on September 13, only $398,860 came from transaction fees, or just 1.6% of total revenue. This is a significant change from the previous period, when transaction fees topped out at more than 40% of miners' revenue. Analysts say that with block subsidies halved every four years, transaction fees will only grow in importance in cyb...
In the wake of Bitcoin's halving, publicly traded mining companies are turning to debt financing to increase their cash flow. According to BlocksBridge Consulting, which is based on earnings reports, nine of the 13 publicly traded U.S. companies raised a combined $1.25 billion through equity offerings in the second quarter of 2024. These include Bitdeer, Bitfarms, Cipher, CleanSpark, Core, HIVE, Marathon, Riot, and Terawulf. In addition, Iris Energy raised $458 million in the last quarter, bring...
On July 29th, according to Decrypt, as the pressure increases after the bitcoin halving, bitcoin mining companies are experiencing an "identity crisis", and some companies are starting to dabble in AI and chip manufacturing to diversify their revenue. At last week's Bitcoin 2024 conference, Ryan Rasmussen, head of research at Bitwise Asset Management, said: "The block reward halving will have a detrimental impact. The bitcoin mining industry is expected to see consolidation in the next 18 months...
On July 29th, the profit crunch after the bitcoin halving has put pressure on the business model of bitcoin mining companies, and some larger companies see this industry hurdle as an opportunity to expand their business or launch a hostile takeover. The bitcoin mining industry is expected to consolidate in the next 18 months, with some well-capitalized miners looking to gobble up competitors, such as Colorado-based Riot Platfor...
Bitcoin miners are looking to activities other than bitcoin mining to bridge the income gap before and after the halving, such as hosting artificial intelligence computers. Shares of the top five crypto miners have all rallied in recent days as bitcoin prices have rebounded, with the only stock lagging behind being Iris Energy Ltd. (IREN), which fell 15% after Culper Research released a report last week revealing its short position in IREN. Culper is bearish because researchers believe Iris' fac...
On July 8th, the rune EPIC • EPIC • EPIC • EPIC • EPIC engraved on the fourth halving block by the Bitcoin NFT Blob team officially posted on social media that the airdrop will start today. Previously, it was reported that the non-pre-excavated part of the rune project in May had been engraved, with a total amount of 1 billion and 950 million pre-excavated pieces.
According to Glassnode data, since the 2024 halving, bitcoin short-term holders have seen a significant decrease in transfers to exchanges when they lose money. At the beginning of 2024, this transfer volume peaked at 90,000 BTC, but stabilized below 30,000 BTC after the April halving. Historical data shows that bitcoin short-term holders tend to increase transfer activity during major price declines, reflecting panic selling. The 2018 bear market and the COVID-19 crash in March 2020...
According to Glassnode, bitcoin accumulation peaked before the 2024 halving. The data shows that market participants significantly increased their bitcoin holdings from mid-2023 to mid-2024, especially before the April 2024 halving. This trend reflects the market's optimistic expectations for future price movements.
The data shows that following the block reward halving event on April 20, the revenue earned by bitcoin miners per TH/s (7-day MA) has hit a record low in the past two months. In addition to the halving, another possible reason for the decrease in miner income is the low number of new wallets entering the bitcoin ecosystem, which is currently at its lowest level since 2018 (7-day MA). It is worth mentioning that mining company CleanSpark is still performing well, and its share price has outperfo...
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