After the halving, fees spiked to $146 for a medium-priority transaction and $170 for a high-priority transaction.
Runes Protocol Launches on Bitcoin, Sending Fees Soaring as Users Rush to Mint Tokens
Bitcoin Rally Holds Around $63,700 Following 4th Block Reward Halving
Bitcoin Whales Bought $1.2B BTC Amid the Price Dip, Fueling the Quick Rebound
Large bitcoin investors substantially increased their holdings as prices dipped below $60,000 in early Friday’s panicky action on the crypto markets ahead of the asset’s much-anticipated halving event.
Crypto Markets Will Be Driven by Macro Factors Following the Halving, Coinbase Says
These influences include rising geopolitical tensions, higher interest rates for longer, reflation and ballooning national debts, the report said.
First Mover Americas: Bitcoin Price Bounces as Halving Nears
The latest price moves in bitcoin (BTC) and crypto markets in context for April 19, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Spot ETFs Register Five-Day Withdrawals Streak Ahead of Halving
GBTC again led the outflows, while inflows into BlackRock’s IBIT continued to slow, provision data from Farside show.
Polymarket Traders See 32% Chance of No Fed Rate Cuts This Year
The hawkish shift in the market sentiment could dampen the demand for risk assets, including cryptocurrencies and technology stocks.
Bitcoin Dips Below $60K as Israel Launches Strike on Iran
Iran’s first strike on Israel pushed down crypto and risk assets, while leading to a spike in gold.
Bitcoin Halving Is Not a Bullish Event, Says 10x Research Analyst
Bearish signals are looming over the crypto market these days and will almost certainly push prices down in the short term, well-known research analyst Markus Thielen said.
Bitcoin Halving Partially Priced In With No Big Rally Expected Afterward: Deutsche Bank
Crypto prices are likely to stay high in anticipation of spot ether ETF approvals, central bank rate cuts, and regulatory changes, the report said.
First Mover Americas: BTC Dominance Increases, Binance to Re-Enter India
The latest price moves in bitcoin (BTC) and crypto markets in context for April 18, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Likely to Drop After the Halving, JPMorgan Says
The bank’s analysis of open interest in bitcoin futures shows that the cryptocurrency is still considered overbought.
Bearish Flip in Crypto Crowd Sentiment Hints at Coming Bitcoin Price Bounce
Analytics firm Santiment’s social-media metrics suggest the crypto crowd is beginning to lean bearish.
Bitcoin Dominance Increases as Halving Nears and BTC Price Lingers Near $61K
BTC dominance is creeping upwards as Layer-1s and Artificial Intelligence tokens had a rough week, while Google search interest in the halving skyrockets.
Bitcoin Miners Are Set for a Coiled Spring Rally
Miners face uncertain times as the halving changes Bitcoin’s economics. Which groups are best positioned for the future? Dan Weiskopf, at Tidal Financial Group, gives a run-down.
Hong Kong Bitcoin ETFs Likely Not Available for Mainland Chinese Investors: Bloomberg
Investors in mainland China won’t likely be allowed to buy into the newly approved Hong Kong-listed spot bitcoin ETFs, analysts at Bloomberg Intelligence reported, weakening excitement over the funds even further.
Bitcoin Tumbles Below $60K, Ether Under $3K; Correction Not Over, Says Strategist
Large bitcoin investors haven’t started to buy the dip yet, suggesting that the correction may continue for a while, an LMAX Group strategist noted.
First Mover Americas: BTC Post-Halving – Remember the Macroeconomy: Goldman Sachs
The latest price moves in bitcoin (BTC) and crypto markets in context for April 17, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin’s Outperformance Means Some of Expected Post-Halving Rally May Have Come Early: JPMorgan
Recent weakness in bitcoin mining stocks ahead of the reward halving offers an attractive entry point for investors, the report said.