What is Bitcoin Halving?

Simply put Bitcoin halving is when mining rewards split in half (by 50%). Because scarcity drives pricing, many see this halving event as the tipping point. Most notably because from a production standpoint, Bitcoin will be as scarce as gold. Currently Bitcoin halving is expected to happen on may 12th in the evening (HKT). However, […]

BCH & BSV Halved for the First Time – Trader Insights 10/4/2020

Bitcoin Takes a Breather After Testing $7,500 We saw green across the board this week for most markets. BTCUSD failed to break through $7,500 which is historically a key level. This was followed by a drastic correction in the past 24 hours. It appears to be a technical move as market players are still heavily […]

Bitcoin Pumps Ahead of Halving – 24/04/2020

Bitcoin pumps ahead of halving After another week of sideways movement, BTCUSD finally attempts to break above the $7,500 level as Bitcoin pumps ahead of halving. OI takes a hit on this move with significant liquidations on BitMEX while it appears traders are not eager to chase these levels. It’s a tricky spot with potential […]

Bitcoin Surges Towards $8,000 With Next Halving in 15 Days!

Bitcoin surges towards $8,000 after almost 20 days of trading sideways. Bitcoin held strong during oil’s dramatic crash early last week, it seems like the market is feeling confident and bullish.    According to Bloomberg, Bitcoin rose as much as 9.1% on last Thursday surpassing $7,500 for the first time since the price tumbled 27% […]