Tags : Halving

Cryptocurrency

If Bitcoin follows the path it set during the 2016

Bitcoin has exploded over 100 percent higher over the past four weeks, moving from $20,000 to highs around $42,000. While the cryptocurrency is facing an ongoing retracement, analysts are confident that it is still on a path of growth on a macro scale. According to Ecoinometrics, a cryptocurrency data outlet, Bitcoin is likely to rally […]Read More

Litecoin

Litecoin Hash Rate Down 60% Since August Halving

Three months after the August 2019 halving, the Litecoin hash rate continues to tumble with mining profitability reaching all-time lows. This massive fall in mining activity signals yet another negative report for the altcoin with reports earlier in the year suggesting developers weren’t interested in contributing to its cryptocurrency code. Litecoin Miners Abandon Ship Data […]Read More

Ethereum

Pantera Capital CEO: Bitcoin (BTC) Could Hit $115k after Halving

Quick take: Bitcoin (BTC) has once again reclaimed $9,000 with 5 days until halving.  Pantera Capital’s CEO, Dan Morehead, sees a scenario where BTC hits $115,212 by August 2021.  His analysis is based on the change in the stock-to-flow ratio across each halving.  The hype and excitement surrounding the Bitcoin halving event is once again […]Read More