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Bitcoin Miners Strategically Offload Holdings Ahead of Halving

Miners Sell BTC to Upgrade Operations, Brace for Reduced Rewards Bitcoin miners have been strategically depleting their Bitcoin (BTC) holdings in recent months, a stark contrast to the accumulation strategy employed ahead of the previous halving in 2020. This move appears to be a calculated effort to prepare for the impending reduction in mining rewards, […]

Bitcoin Halving 2024: A Temporary Dip or a Launchpad for Unprecedented Highs?

Bitcoin halving, a highly anticipated event in the cryptocurrency world, is expected to make significant waves in the market in 2024. However, a recent analysis by Steno Research suggests that it might follow a “buy the rumor, sell the news” pattern, similar to the 2016 halving. In Bitcoin’s history, there have been three halving events, […]

MicroStrategy’s Strategic Bitcoin Holdings Poised to Amplify Growth Amid Upcoming Bitcoin Halving

MicroStrategy (MSTR), a prominent software company, is well-positioned to capitalize on the forthcoming Bitcoin halving, according to a recent report by Benchmark. This event, slated for around April 20, will see the new supply of the cryptocurrency slashed by 50%. Benchmark’s analysis highlights that MicroStrategy is uniquely placed to reap substantial benefits from this quadrennial […]

Bitcoin Eyes $80K Milestone: Bullish Breakout Amid Economic Optimism

Bitcoin, the digital currency titan, is poised to reach new heights following a bullish breakout from a triangle consolidation pattern, as per the latest technical analysis by 10x Research. On Monday, Bitcoin’s value surpassed the $72,000 mark, breaking through the triangle consolidation—a pattern marked by a resistance line connecting the highs of March 15 and […]