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Showing posts with the label halving

‘Rich Dad’ R. Kiyosaki advises ‘pay attention to the Bitcoin halving’

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A major and long-standing dissenting voice to the current broad sentiment that 2024 will be a strong year for the market has been Robert Kiyosaki – a prominent investor and author of the best-selling personal finance book, “ Rich Dad Poor Dad .”  For a long time, Kiyosaki has been warning that there are numerous factors that could lead to a deepening of the financial crisis and put the majority of the people into ever-greater economic hardships. In an X post on January 4, 2024, Kiyosaki took a slightly different approach to his standard warnings of looming danger and instead pointed out that there are several major opportunities for savvy investors coming as early as the spring of this year.  In the tweet, the author urged his followers to closely monitor Bitcoin (BTC), gold, and silver – particularly in January, February, and March. He also expressed a stance similar to the adage “your network is your net worth” – emerging from the title of a 2013 Porter...

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...

Litecoin (LTC) Ousts Solana to Reclaim Top 10 Spot

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The Litecoin Bullish Run Litecoin has been one of the most aggressive cryptocurrencies in terms of price surge this week. At the time of writing, the digital currency is valued at a price of $108.67 after an unprecedented growth of 28.93%. Breaching the $100 price level is a milestone in itself seeing the coin has not tested this level since April this year. advertisement The recent growth push has given Litecoin a defined impetus on the weekly front. Per data from CoinMarketCap, the cryptocurrency is up 18.53% as the current growth momentum has helped it pare off the losses accrued within that time span. Litecoin has recorded a number of unique milestones over the past few days. Besides recording more than 2 million transactions in the past week, Litecoin has also seen a steady growth in its mining difficulty which soared to a new All-Time High (ATH) of 26.38 M at block height 2,500,802. The resilience of the coin is currently being complemented by th...