Especially for our users, we have prepared a calendar of important events for the month.
Follow the industry with us and don't forget to stock up on Bitcoin before the halving!
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Now the project team has already raised the necessary amount of money to get listed on one of the TOP exchanges: OKX, KuCoin, ByBit.
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According to Altcoin Buzz analysts, such projects will dominate in 2024.
Stacks is a Layer 2 network that solves key scalability problems. It runs on its own nodes, ensuring that the core network runs smoothly.
If you still think Bitcoin is overvalued — you are sorely mistaken. The main blockchain opens up huge opportunities for new projects.
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According to Morgan Creek Capital CEO Mark Yusko, the strong uptrend will continue for at least another 9 months after the halving.
This time the peak of the cycle will be higher than twice the fair value at 75 thousand dollars, because market players use less leverage. So we will eventually get to the $150,000 per coin level.
After halving, the volume of BTC created per day will drop from 900 to 450 coins. The halving of inflation is a positive event, which has no analogy in the world of traditional finance.
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Just recently, the total hashrate of the Kaspa network reached almost 222 PH/s, it took about a 1.5 years for miners to achieve this milestone!
Don't miss your chance and become a part of KASPA mining
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The previous high was reached in May 2021, when total revenue for miners was $1.74 billion. Of the total revenue in March, $85.81 million came from transaction fees, which was also a record monthly total.
Factors contributing to the record revenue:
Follow the industry with us and don't forget to stock up on Bitcoin before halving!
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Follow the industry with us and don't forget to stock up on Bitcoin before halving!
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They note that the capitalization of alternative coins is steadily growing, despite the local decline of BTC.
Experts believe that alternative coins can begin to actively grow in value immediately after the halving of BTC.
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Tether has deployed $500 million to build mining facilities and power plants in Uruguay, Paraguay and El Salvador.
The "volcanic energy" is expected to power a 241mW power plant, which will in turn power miners in that country.
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Especially since the supply of the coin on the market is decreasing and the value is increasing.
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This opinion was expressed by Yoni Assia, CEO of eToro trading platform.
The expert also said that he expects BTC to continue growing. In his opinion, the inflation of the dollar and other fiat currencies will increase, so more and more people will try to keep their savings in BTC.
Follow the industry with us and don't forget to stock up on Bitcoin after the halving!
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After the halving of miners' rewards, the network also launched a new standard of interchangeable tokens — Runes.
It also shows that Bitcoin mining continues to be a profitable and promising endeavor even in the face of constant change.
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Even a simple hold gives a lower yield (yellow curve)
👉 Invest wisely and accumulate Bitcoin before its price skyrockets!
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What do you think the price of Bitcoin will be in 2025? Write your opinion in the comments!
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Exchanges are experiencing a shortage in the amount of Bitcoin supply, which may affect the price of the main cryptocurrency.
In addition, it is also profitable to mine Bitcoin right now for several key reasons:
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"With daily inflows of $500 million into bitcoin spot ETFs (approximately 7,142 BTC), it would only take nine months to use up all the reserves."
This proves once again that there will be a Bitcoin shortage very soon, and the only way to mine it is by mining!
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According to experts, due to the fact that residents of mainland China can not be offered access to the funds, in the short term, this event will not affect the rate of leading assets.
However, experts note that this is another step towards the adoption of cryptocurrencies by major players in the global financial market.
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🚀Running the Runes protocol on Bitcoin leads to an increase in commissions.
As we already know, the increase in commissions also provides an increase in Bitcoin mining revenue.
About nine blocks after halving, Runes miners have already paid 78.6 BTC as commission (~$4.95 million) to buy the rarest of RAREs.
This suggests that, like Ordinals, the Runes protocol could be a boon to Bitcoin's growing commission economy.
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The interest of cryptokits, whose wallets hold from 1,000 to 10,000 BTC, jumped by 11% in a month.
They are adding up to 200,000 BTC per month to their balances. This far exceeds the monthly number of new tokens being introduced into circulation.
🚀 If the current demand from cryptokits continues, the bitcoin exchange rate will rise significantly for this very reason.
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