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May 6: You Snooze You May Not Lose
bitcoin halving

May 6: You Snooze You May Not Lose

$9,000 continues to pin Bitcoin down, leaving it to trade in a narrow $300 range for the past 48 hours. Eethereum also rather lackluster, having traded poorly relative to BTC in the last few sessions as halving looms.

Bitcoin Price Breaks $10,000 Flirting with High Resistance of Supply – Understanding the Stock to Flow Model
bitcoin halving

Bitcoin Price Breaks $10,000 Flirting with High Resistance of Supply – Understanding the Stock to Flow Model

Bitcoin has taken off this week, moving to $10,000 and firing up the market in euphoria. With only one week from halving, The Bitcoin price has now deleted all its coronavirus crash losses, up practically 40% since January 1st—and putting it on target to be one of the year's best performing resources.

Crypto Miners Allege Chinese Bitcoin Mining Giant Delivered "Defective" Product
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Crypto Miners Allege Chinese Bitcoin Mining Giant Delivered "Defective" Product

Ahead of Bitcoin’s much-awaited halving event on May 12, a group of miners alleged Bitmain’s latest “Antminer” deliveries were defective and led to losses for investors.

Coinbase Crashed Amid Bitcoin Price Surge
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Coinbase Crashed Amid Bitcoin Price Surge

On April 30, 2020, Coinbase, one of the biggest crypto exchanges in the world, crashed during the Bitcoin price outbreak where it skyrocketed from $7,700 to $9,200 within a matter of 24 hours.

Can We Expect a Bitcoin Bull Run Amid the Upcoming Bitcoin Halving and Coronavirus Pandemic?
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Can We Expect a Bitcoin Bull Run Amid the Upcoming Bitcoin Halving and Coronavirus Pandemic?

The next Bitcoin halving is expected to take place in May 2020. Each time Bitcoin halving takes place, the number of Bitcoins entering circulation every 10 minutes, also known as block rewards will fall to half, to 6.25 from 12.5 in May. As the amount of supply, Bitcoins are decreasing, the demand most likely will stay the same, but possibly lead to an increase in Bitcoin’s price. Experts believe that there will be less Bitcoin available in the market if the miners will be selling less of the cryptocurrency.

Bitcoin Halving and Money Printing is BTC’s Rocket Fuel, Says Anthony Pompliano
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Bitcoin Halving and Money Printing is BTC’s Rocket Fuel, Says Anthony Pompliano

Bitcoin halving and historic money printing are the rocket fuel propelling BTC's price upwards, according to Anthony Pompliano.

Grayscale CEO Optimistic that US Regulators Can't Stop Bitcoin
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Grayscale CEO Optimistic that US Regulators Can't Stop Bitcoin

Barry Silbert, CEO of Grayscale Investments thinks that Bitcoin has too much support from policymakers in the United States to ever be shut down completely.

Bitcoin Gains 110% Since Its Halving – 4 Reasons Why BTC Is Only Going to Rally Higher
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Bitcoin Gains 110% Since Its Halving – 4 Reasons Why BTC Is Only Going to Rally Higher

Bitcoin’s price has more than doubled in value since its third halving in May. Market experts think that Bitcoin will only rally higher due to four reasons.

New York-Based Power Plant Greenidge Generation Mines $50,000 Worth of Bitcoin on a Daily Basis
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New York-Based Power Plant Greenidge Generation Mines $50,000 Worth of Bitcoin on a Daily Basis

Greenidge’s 65,000-square-foot facility was initially built in 1937 as a coal plant before eventually being closed down in 2011. The plant remained dormant for five years before Atlas Holdings, Connecticut-based private equity company, converted it into a natural gas plant in 2016 to generate clean energy. Because of the high power that crypto mining machines use in their operations, countries have initiated stricter measures to discourage miners from conducting their mining activities. Some of these measures involve increased electricity fees, which have compelled most miners to move to other cities with favorable electricity billing.

Do I need to Buy One Whole Bitcoin? 3 BTC Questions I’m Tired of Answering
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Do I need to Buy One Whole Bitcoin? 3 BTC Questions I’m Tired of Answering

Why is Bitcoin worth anything? Am I too late to buy Bitcoin? It’s too expensive, do I need to buy a whole Bitcoin? 3 questions that hound crypto journalists at parties.

ZCash Celebrates First Halving, Unveils Canopy The Network's Fifth Upgrade
bitcoin halving

ZCash Celebrates First Halving, Unveils Canopy The Network's Fifth Upgrade

ZCash has undergone its first halving at block 1,046,400 and the event coincides with the network's fifth upgrade dubbed Canopy.

Whale Addresses Holding At Least 1,000 Bitcoin are Taking Profits
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Whale Addresses Holding At Least 1,000 Bitcoin are Taking Profits

Crypto analyst Lark Davis has noted that the present pullback is being caused by profit-taking tendencies initiated by Bitcoin whales.

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