Analyst: Bitcoin will soar to $160,000 after halving in 2024
Both on-chain valuations and network metrics suggest that Bitcoin remains in a bull cycle.
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Both on-chain valuations and network metrics suggest that Bitcoin remains in a bull cycle.
Sponsors of AFTER 2049 include notable names such as CrossFi, BIB Exchange, The Open Network (TON), Zetrix, Smobler, Auros, vechain, Henley & Partners, OPNX, and Quantstamp.
The event will double the bitcoin production cost to around $40,000, creating a positive psychological effect, the report said.
Net exchange outflows have slowed to $641 million in BTC.
The last Bitcoin halving took place on May 11, 2020, and the next bitcoin halving will likely occur in 2024.
On-chain data shows the 30-day moving average of the Bitcoin mining hashrate is close to setting a new all-time high.
Bitcoin’s hashrate is reaching all-time highs, and it’s causing confusion about “the halvening” on Twitter.
Data shows the Bitcoin mining hashrate has already plunged down since the new all-time high as the crypto's price has ...
With the rise of bitcoin in 2021 had come more institutional interest in the digital asset. Funds quickly adapted to ...
The Bitcoin LN was first implemented into the Bitcoin mainnet in 2018 and has ever since been able to maintain an upward trajectory in terms of expanding its capacity.