Topic: Latest news in crypto? (Read 404 times)

   Grayscale Bitcoin Trust (GBTC) Bitcoin ETF fees will reduce gradually over time, says CEO Michael SonnensheinGrayscale earlier defended its higher than market charges for Bitcoin ETF.GBTC outflows has reached over $12 billion.       

    Bitcoin has witnessed a significant downturn today, with its price plunging over 7% to approximately $63,000. However, despite this setback,…



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https://coingape.com/ latest news on Bitcoin

  20 hours ago, the Bitcoin ETF records $2.5B weekly inflows, signaling heightened institutional interest.
Concerns arise over potential BTC price correction ahead of the pivotal FOMC meeting.
Bitcoin price has regained momentum after a recent sharp decline


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ATH before the halving is a done deal, we now have a new ATH at $73k+ while we are not yet in the  experience the halving which is following by price correction and then bull run. So if we have another bull run after the halving, then definitely we have a new ATH other than the one we have one now. Using this theory, those who things investing in Bitcoin is too late and gain hope from there and start accumulating now to partake in the bull that is yet to come.to the op, in my opinion, the reason for the bullish trend we are experiencing now is because of the EFT approval that also got many buyers into the network and that made it more bullish.

There is no doubt that news is what fuels this digital space; it somehow bring the necessary hypes that engineers the inflow of fresh capital into cryptocurrency in general. Unfortunately, most of these hypes comes from shitcoins and projects that dies as fast as the hype fades, leaving people to rue their decision of getting involved in the first place. During bull market like we have now, Bitcoin also enjoys such hypes and those who just want to make quick profits are usually the victims of such hypes as they sometimes buy at the top and are stocked in the retracement with some selling at loss.

As of now, Bitcoin halving is the latest news in the horizon, even when it has not happened yet, the market is already responding positively, signaling that it will cause some  unprecedented growth in price. Therefore, I do not think that buying Bitcoin now, which is highly encouraged, is buying into hype because the halving has not happened yet.

Good news definitely affects the value of bitcoins, so even as the halving have been expected and the expectation has affected bitcoins value positively, the ETF approval have also had a good effect on bitcoins, but a negative news may still come up. The Halving is still some weeks away, enough time for investors to be careful of the pull back because there is likely to be a market correction before the halving begins, maybe caused by an unexpected negative news.

The ETF aids people in investing in Bitcoin, but I believe that this Bull run is because of the halving. Without the ETF, it is very possible that we get to exactly where we are. But without the halving, it’s unlikely that Bitcoin will get this far in such short time all because of the ETF. The way I see it, ETF effect will be see over time and not instantly. How many people have invested in Bitcoin through it already? The number may not be zero but I also don’t think it’s a lot.

This is the time many scam projects used to pup out from nowhere and we have to be very careful or else we might become a victim and lose too much money for nothing. It is important we look for good projects to invest or airdrops so that we can participate and make good money for ourselves. I've been seeing so many scam airdrops these days and for those that are not careful enough or money freek would end up going for it and losing big money without being aware of the danger.

You're right there are some airdrop project that look very real and promising airdrop just to catch the interest of individual probably you might decide to participate on such project,maybe after completing the whole task you will be ask to make 30 referral before you will get paid for those task you have completed so far. the funniest part is that after making this 30referrral you won't even get paid either.

Your friends might have earned some big rewards from airdrops but you just need to be careful of some scam projects because during bullish seasons like this a lot of airdrops are fake as you would undergo so many task to claim airdrops yet at the end you will find out that It is fake so don't be overzealous

Price actions is the most important thing in the space, more active and louder than the trends which are pulled by the crowds, I don't follow them because they're merely noises and rumours, focused on the main update and you will milk the system. We shouldn't expect much from our investment that are pinned down because bitcoin halving will choked up with unexpected informations. I've prepared myself to face the upcoming events, though it's never going to be easy as it appears but it's worth the phase to reach out.

Volatility is more like a factor and functionality of Bitcoin the reason why Bitcoin is the best seen on a long term perspective, every idea long term investors never sees Bitcoin volatility as a discouragement rather they take advantage of it and even accumulate more Bitcoin in their portfolio, the dca strategy of accumulating Bitcoin serves you better in mitigating the risk of volatility by making purchases at different price point and intervals and having compounded value of your investment over a long time.

The price of Bitcoin is going bull and we hope to see more bull from the market since the ETF adoption in the market has kept the price of Bitcoin to keep going bull as the trading volume keeps going higher. We are all waiting for the Bitcoin halving because this is what is going to push the market into the real bull we have been anticipating for.
We are still counting towards the halving and this can push the price of Bitcoin to reach 100k if care is not taken. Such a move could allow the price of Ethereum to go as far as 5k plus because many altcoins are going to shoot higher and investors would make huge profits.

There will be 1000s of news articles every week claiming a new bullish news or a bearish news, nothing works in front of the Bitcoin cycle. 4 Year Bitcoin Cycle is the best way to invest and earn from Bitcoin if you seriously follow the Price Action. All the news just happen after the Price Action is done. Take any example, Imagine A big whale is about to get rekt for their opened position, it will only happen once the price reach the specific target price.

Now in last few months things are going more positive and informative for the crypto world because we have too many sites and channels are giving all news about crypto which is positive change because few years back this all just dream, but suddenly we have big breakthrough even still many are feeling not positive about this all but this all is happening, and we are getting news and information.
Even now updates about airdrops and related to new projects and their development is also available frequently which are helping investors for having all details and updates which are useful for them and many others related to this community now after Bitcoin ETF peoples are waiting for the Ethereum ETF which will be surely another big news and things will be more positive about the crypto world.

This is an oversimplification and reality shows that mining is just doing fine as network hash power and with it difficulty grows trendwise. We can talk of "problems" when the difficulty stalls or starts to slowly fall. I don't see that coming any soon.

We already had three halvings and are around the finishing line for the fourth. If Bitcoin mining were unprofitable and unattractive then how do you explain rising difficulty and hash power still ongoing as in the past?

Miners had worse revenue in the past with 6.25BTC block subsidy when Bitcoin prices were significantly lower (in current cycle below $10k (2020), below $20k, remember?). Even when current price level drops to say $50k and halving to 3.125BTC block subsidy it will still be better than periods of below $20k like in 2022 and 2023.

Yes, halvings are a challenge for miners. It drives the miners and gear industry to strive for efficiency and pushing it to the limits all the time. I see this as a positive forced progress. In some future I'd expect miners to push and transition further and further to sustainable & renewable energy sources as fossile fuels (for energy production) is a limitted resource and stupid mankind has already burned the majority of it (but that's an entirely other topic).

Halvings just make newly issued Bitcoins scarcer. But think about it: as of now already 93.57% of max. supply have been mined, not all of those roughly 19,649,974BTC are still in circulation. No-one has a crystal ball to predict the future...

Yass, ETFs is partially responsible for the bullish market we are experiencing but the real deal is the halving. And a new ATH is very achievable before the halving.
Halving makes Bitcoin mining unprofitable and unattractive. However for Bitcoin, mining benefits everyone across board both Whales and small time investors.
There is no one new thing or hype about Bitcoin. Rather there are a lot of things about Bitcoin all happening simultaneously.
Check this coin graph Bitcoin news today to know the news and the highs.
https://cointelegraph.com/tags/bitcoin

Cryptocurrencies are constantly breaking new news that you can definitely see if you're connected to some of the top crypto news outlets. Yes right now everything has become lively as the market has grown, airdrop campaign has been lively but bounty campaign has not been lively. If you are busy with your post graduation and other work then you will not know the updates here well and you will not be able to react well here. To achieve anything good you must spend time on this forum, if you can't spend time on this forum then this post is not for you. There is some impact of ETF approvals and the market halving that is driving the price of Bitcoin right now.

there is no specific trend currently occurring in the crypto market, but i have heard that currently many people are taking test nets and getting quite a reward from it. and discussing the bullish bitcoin trend, this is due to the 2 things you mentioned, namely because of the halving and etf. these two things pushed the price of bitcoin higher and even almost close to its ath, it is very likely that in the near future we will reach ath.

Actually no  It's a business. They have already spent a lot on gear. They have either very good electricity contracts, either their own production (solar). They will just sell more expensive. In the past cycles it worked.

And about scarcity: the amount mined is the same in each cycle, no matter the number of miners. And most was already mined!

'Groundhog Day' in Crypto as Bitcoin Again Plunges Following New Record
The world's largest crypto briefly rose above $70,000 Friday, but immediately tumbled about 5% to below $67,000.

It seems your for the short term investing in bitcoin since your attracted  to the bull run and probably the recent news of bitcoin price brought you back to the forum.

I think you should avoid anything new for now especially if your not informed about them and you know the world of alts coin are full of shitty new projects that just pump and dump or are rug pulls.

The bull is usually caused by scarcity of bitcoin and high demand, ETF has contributed to bring about a higher demand for bitcoin since new investors are rushing in, most bitcoin holders are now well aware of the risk involved in storing there holdings in exchange wallets and are now wise enough to apply self custody over their wallets by using hardware wallets to store their holdings.

Thank you! this is new information to me and a bit helpful I think.  What you said also is quite logical and not just pure speculation.  Since mining will become more expensive, it means that people will be discouraged to mine and miners will be lessened in numbers.  When this happened, bitcoin will be more scarce and may rise in quantity (given that it will not be oversold).  I think soon we will discover what will happen since halving will happen soon.

Bitcoin all the way because all these hyped projects and trends don’t last forever.
Where are the NFTs today in the global market?
They all tends to fade away after the hype and after the hyper get their money from them and left the coin completely because they are centralized. But Bitcoin has been on trend for long and will keep being on trend provided that cryptocurrency and digital currencies are still in existence.
AI projects and gaming projects are also gaining recognition this days, they will do well during this coming bull run.

I think there is this impression people do have concerning bitcoin without knowing that the best time to know and study more about bitcoin is during the bear season why because at then you could picked interest and start doing your investment but instead they prefer running away from the market to stay hidden when the market gains back its strength they seems show up their faces to start their investment possibly to come make quick profits before the market goes again them again. To me this is a wrong steps to follow with this method you won't get to know things you needed to because you aren't that active in the space and can make wrong decision and wrong investments, always learn to stick around the forum and get some group that regularly talks about latest happening.

Halving is the most anticipated by many people because it is an important event in blockchain. The price will also increase.
To be able to find out whether halving is good in Bitcoin, you need to read this article from investopedia -> What Is Bitcoin Halving? Definition, How It Works, Why It Matters.

ETFs are part of an inevitable decision by the SEC and ETFs are one of the causes of high demand which has the effect of increasing Bitcoin prices for now even though there are other factors that drive high demand in the market.

The halving process every 210000 blocks makes Bitcoin a deflationary asset with intrinsically limited supply. Other factors aside this should drive the value up as long as demand for coins doesn't drop in parallel. It's a key feature of Bitcoin contrary to usually inflationary fiat money. There's no minting of arbitrary amounts of coins with Bitcoin and therefore doesn't dilute the coins Bitcoiners hodl.

I see no obvious or direct connection between Bitcoin's halving and its volatility.

This is of course extremely simplified and there's more that affects Bitcoin's value.

If you're asking about if it's the halving as the new thing or hype this time, it's a no because every cycle there's always been the halving that we used to experience. But this time, it's true that it's with the Bitcoin Spot ETF. And as we move on, they're also counting about the potential approval of the same thing with Ethereum for which I don't think it will happen because it's unlikely gonna get an approval.

I think he's talking about the last bull run wherein there have been bunch of NFT projects that became hyped.

I don't understand what Bitcoin have to do with NFT and why a hype from would affect its price. IMO NFT hven't triggered any Bitcoin bull run. Nowadays the current bull run is mainly driven by the ETF FOMO afaik and the halving narrative. Most bulls and bears are waiting the halving event to take their profits or to place big short orders. Layer2 network and dApps using them is the current blockchain technology era but I don't think Bitcoin price has anything to do with that.

You see, no one expected the bitcoin price to surge so high before the halving that it increased by nearly 44% from the previous month and attempted to break the current ATH even before the most anticipated halving, which everyone believes or has been like that to always break the ATH after the halving, before the main bull run begins. There is no doubt that we are currently in the bull season, and Bitcoin's price is expected to rise.

With that said, we can't deny that the approval and introduction of bitcoin ETFs has had an impact on the recent bull market in bitcoin. When it was first approved by the SEC, many expected it to move the market immediately, but the effect is only now becoming apparent. This also explains how volatile the market can be. Right now, there’s nothing significant to hype, the market is just following its normal trend.

Bitcoin's volatility has never been a problem for long term Bitcoin investors, because judging from the past, Bitcoin is profitable in the long term, it is short term that is harder to predict/speculate. The halving process is quite simple, Bitcoins supply is halved, right now the supply is at 6.25 Bitcoins, meaning any miner who successfully mines a block earns this, now after the halving, the miner is going to earn 3.125, that reduces their reward and also the supply of new Bitcoins into the market.

Having said that, with a reduction in supply and with the same or greater demand, the price of Bitcoin is expected to go up.

There has been a lot of drama and changes which took plan in last few months and I would list down what went well for Bitcoin and the community and what didn't go well or caused problems.

Ordinals were pain in wrong place which pushed the transaction fee to sky high that's your transaction fee would be higher than your actual fund you wan to transfer, regulators targeting big CEXs like Binance and Poloniex and arrest of CZ which sent shock waves across the market but luckily Binance handled it really well and didn't allow it to impact the exchange, Bitcoin spot ETF approval and the rally of Bitcoin off late. It has been a lot in last few months and good thing is at the end we are all witnessing Bitcoin rally even before halving.

Simply put the long awaited anticipated halving is closer than anticipated and it's causing a certain noise in the market which has influenced the premature Bull run which is definitely going to be reverted a while just before the actual bull run , so basically there's nothing being hyped but the anticipation of individuals playing out with some panic buys and sell inducing what looks like a Bull run and until the overall ATH has been broken you can be sure that the main bull run still lays ahead but nevertheless taking advantage of the current situation can also be beneficial to everyone who does but then be careful to watch out for when there will be a slight bear before the halving so you can take profit and exit in time.

Never forget to always DYOR and as much as possible avoid FOMO so you don't loose to the market while others are profiting from it. This year have been characterized with so many Bitcoin related news especially the ETF so anticipate some more movements around but bullish and bearish.

The truth was crystal clear from the beginning, but the fact nobody stepped up for real has allowed CSW bully a lot of honest people simply for being honest and bitcoin supporters.
The current trial, apart of being quite a show, it should (I hope!) mark the end all that mess.

Mining Bitcoin becomes less lucrative during the halving. The supply of Bitcoin reduces which will lead to a rise in the price. Bitcoin will not become less volatile after the halving because it will not stop it from becoming a speculative asset. The price might fall after the bull run which is called the bear season.


It looks like the approval of Spot Bitcoin ETF altered the historical movement of the Bitcoin market. I have read some posts that also predicted that the price of Bitcoin will drop before we get to the bull run but we are still expecting the fall in price. This happening is an indication that Bitcoin is slightly unpredictable.

There are a lot of airdrops happening right now for sure I have some airdrops especially on Solana network around 50$-100$ depending on your accounts, I mean there are people who have multiple wallets as well that is able to receive multiple airdrops, Also because of the Bullrun there are as well a lot of new airdrops out there if you're just going to look.

Since its Bullrun, there are some things like ETF of course, which recently happened on Bitcoin now they are buying the rumor since it is already approved on the Bitcoin side, and most of the traders think as well that it is going to happen on ETH as well, that is why ETH is increasing its price, probably XRP as well for sure in the future they will buy the rumor.

Of course, we have the Bitcoin halving as well which is already near, I mean it is a pretty big hype in the market considering that the market already skyrocketed to 60k$ so might as well increase when the halving is near.

On NFTs, I dont have enough information since I dont do NFTs anymore but I see a lot of new launch projects on the NFT side with my friends most of them are gaming.

Exactly Bitcoin all they way, there is no match in which Bitcoin can be compare with any shiltcoin or altcoin their falling is not advisable for any to full invest but can have full trust on Bitcoin because it has pass some level of test in the bull run and halving.

Well first reason is that etf approval it really did some good impact on bitcoin price prior to bitcoin halving. Many expect a dumo before or close to halving but instead it did pumped. So Im guessing that historical pattern will likely change. Id just hope it is mroe bullish than ever and we can expect a healthy movement from crypto projects.

This Bull season is going to be very impressive bitcoin is already too high even it has increased its value before the halving event there may be a correction after the halving event so we may get another good opportunity of buying to refill our bags aggressively. I am already 2.3x from my last buying which I have bought in the middle of last year.

Besides this bitcoin has many reasons, especially in this bull season which includes approvals of ETF and involvement of big institutation in it which make it more and more bullish. Many investors are very bullish in this bull season on Bitcoin. I was reading an analysis that mentioned Bitcoin can hit $200k in this bull season. DYOR! I am expecting the market nearly $45k after the correcter of the halving event it is just a rough prediction/idea because Bitcoin already has gained too much in its price. What do you guys think about the correction on the halving event? Must share your opinion over this I would love to know about it any guess of rough idea?

It's all about bitcoin and nothing more, bitcoin has been having a recent performance which are record breaking over a while since after the last high we had after the previous halving, i will not suggest that you take a look into any of the altcoins for considerations because as they were rising also the same time they are falling, but bitcoin has been able to always maintain its high each time it rises and avoid falling the way other altcoins do, so nothing for now than bitcoin as usual.

Bitcoin can't be stable since it was not created as such, people enjoy the volatility of bitcoin and that's the reason people can trade or HODL bitcoin since they know can make profits. Volatility does not really affect how people trust bitcoin but what affect people trust are market manipulators but thankfully bitcoin doesn't face this issue not like altcoins and this is among the key reason why Bitcoin ETF  was accepted by sec

Bitcoin halving occur in order to control demand and supply to have a state of balance, that is, as bitcoin supply reduces, demand increases and so is the price. This is done to fight against inflation and we can say Satoshi was not just a device but also an excellent economist.

The COPA vs CSW trial is something I don't consider as any news, since the truth is crystal clear

It becomes more expensive (2x) to mine Bitcoin (one gets half of the amount for same effort and electricity). And as the miners tend to be the ones selling the bigger amounts of bitcoin (to support their business' expenses, for example), it translates sooner or later into an increase of the price.

Many consider the price of Bitcoin as made of 2 components: the price of mining it and the speculation related extra. I agree to them. This being said, on the long term the ETF may be the one that could reduce the volatility. But that will happen only after some rounds of competition in accumulation (i.e. possibly even wilder volatility for the first 4-years cycle).
But I am no expert, I just express my logic and expectations. I may be right, or I may be wrong. Time will tell.


PS. In the "what's new", it's not just the ETF and halving. I would add as kind of news the ordinals (kind of NFT on Bitcoin blockchain) and COPA vs CSW trial.

Is the halving good in Bitcoin?  What is the main benefit of it?  As I understand, A Bitcoin halving is about cutting the rate at which new bitcoins are released into circulation in half.  Does this mean that Bitcoin will become less volatile after the halving? If that will be case, then this is a good improvement since one of the concerns of investors is the volatility of Bitcoin which discourages people to fully trust it and invest their money.

Bitcoin is bullish because its bullish season while the acceptance of ETF as influences it price to surge more even in the bull but the next big thing coming up for bitcoin is the halving next month though I'm still standing with my prediction of seeing a new ATH before halving.

I hope you don't mean the hype from NFTs help bitcoin price to surge before because that's far from it, NFTs was not even built on Bitcoin Network while last year there was an introduction of Ordinal NFTs to the Bitcoin network but this was more of a pest because it allowed spammers to spam the Bitcoin Network and then we were affected by an absurd amount for transaction fee, though now another annoying news trending is the selling of testnet bitcoin which should be absolutely free

Hello, since bitcoin is on the bullish side again, I permit myself to read and research again about crypto (quite busy nowadays because of work and post-graduate study hence time is precious).  So far, bounty campaigns and air drops are lively again and I hear my friends getting big rewards recently. 

I just want to ask what is the "new" or "hype" thing this time?  Last time was the introduction of NFT, what about this time?  Or are there any specific reason why Bitcoin is in the bull run right now? Is it because of the halving or the ETF?

Thanks in advance.