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Showing posts with the label bitcoin halving

University of Brighton Professor Predicts Ripple (XRP) to Reach $6.10

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Ripple’s native token XRP is hovering around the $2.50 mark on Tuesday and remains on the greener side of the spectrum. The leading altcoin has surged more than 400% in a year, turning an investment of $1,000 into $5,000 in 365 days. The phenomenal rise is making investors take an entry position in the token, hoping to ride the bull run for further profits. Analysts forecast that the rally is not over and XRP has more steam and could race ahead in price. Also Read: Solana to Hit $200? SOL Block Traders Expect Big Gains by June Professor at the University of Brighton Predicts Ripple (XRP) to Hit $6.10 Source: Coinfomania Paul Levy, the Senior Professor at the University of Brighton, wrote in a financial piece on Finder that he is bullish on Ripple’s XRP. He wrote that the leading altcoin is a good investment for both the long-term and short-term horizons. He highlighted the blockchain network’s utility cases and its importance in the global fintech sector. As the blockc...

Crypto community begins Bitcoin halving countdown as milestone date nears

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Binance CEO CZ and BTC analysts are among those who have started to draw attention to the halving event as the crypto community looks to the bullish event with hope after a cruel crypto winter. The crypto community and many of its most high-profile players have started to shift their focus toward the Bitcoin halving , a 4-year cyclic event that cuts the Bitcoin market supply in half. With the next halving event scheduled for April 2024, the Bitcoin mining reward will reduce from the current 6.25 BTC per block to 3.125 BTC per block. Binance CEO Chang Peng Zhao took to Twitter to set the countdown for the next halving in an X (formerly Twitter) post to remind everyone that the next BTC halving event is only 135 days away. #Bitcoin halving soon. pic.twitter.com/xp4mWyMKkD — CZ Binance (@cz_binance) November 19, 2023 Historically, Bitcoin halving is also linked to bullish momentum in BTC price owing to the supply-demand dynamics where the halving of the supply amid growing...