The Clock Has Ticked on Bitcoin’s Post Halving Surge, 100 Days After the Latest Quadrennial Halving
July 29 marks the 100th day since the Bitcoin blockchain cut per block mining rewards to 3.125 BTC from 6.25 BTC.
July 29 marks the 100th day since the Bitcoin blockchain cut per block mining rewards to 3.125 BTC from 6.25 BTC.
The Bitcoin mining hashrate, a leading indicator for bitcoin rallies, has improved, one observer said, explaining the bullish outlook.
The latest price moves in crypto markets in context for July 31, 2024.
Funds from Grayscale, BlackRock and Fidelity have seen the most volume, though analysts believe that Grayscale’s high amount comes from heavy outflows.
Ethereum has more utility than Bitcoin with features like liquid staking, but the question among the ETH ETFs performing as well as BTC ETFs remains ahead of trading.
One question is whether the protocol can pull in loyal bitcoin users – or if it will eventually end up on an Ethereum-compatible layer-2 network atop Bitcoin.
Issuers received approval for their latest S-1 filings, which means that the funds could begin trading as early as Tuesday.
The bitcoin financial firm previously planned to go public by end of this year.
Markus Thielen, founder of 10x Research, fully expects Trump to win the November election, triggering an early exit for SEC Chair Gary Gensler.
The bitcoin price is currently too high versus its production cost and relative to its volatility-adjusted comparison to gold, the report said.